BSc (Hons) Financial Mathematics

The Heriot-Watt University offers an Undergraduate course in Financial Mathematics. This program is particularly designed to provide a solid training in Math, combined with a sophisticated understanding of the financial industry. Through this course, students can gain a high level of competency in mathematics and statistics, alongside an in-depth knowledge in finance that makes them well suited to careers in the banking and finance sectors.Course Content: The course incorporates a solid grounding in mathematics and statistics, with a special emphasis on mathematical techniques used in financial calculation. The subject areas studied during the first two years of this degree include calculus, probability and statistics, operational research, mathematical modelling, and modern applications of mathematics. Topics in the final two years include investment, banking, insurance, derivatives, and risk management. There are also several elective subjects that allow students to tailor their degree to fit their career goals.Key Modules: Some of the key modules include Calculus and its Applications, Introductory Economics, Introduction to Probability and Statistics, Linear Algebra, Data Science Foundations, Financial Mathematics, Stochastic Processes, Introduction to Bayesian Inference, and Optimization.Accreditations: The Financial Mathematics undergraduate degree is accredited by the Institute and Faculty of Actuaries for offering a course that provides a deep understanding of the fundamentals of financial mathematics which includes mathematical, statistical, computational, and economic analysis.Future Careers: After completion of this course, graduates have a wide range of career options in fields such as banking, insurance, investment, and risk management. They can work in positions like investment analysts, portfolio managers, financial consultants, and risk analysts.For more information on this course, please visit the official course page.