PRMIA accredited programme
A “risk management” programme covers risks that arise in a variety of settings, while the risk management part of our quantitative finance programme focuses on risks that arise from the financial markets. To be concrete, our BSc(QFin) programme has two courses that cover all three types of financial risks, i.e. market risk, credit risk, and operational risk.
2. What are the similarities and differences between “quantitative finance” and “actuarial science”?
“Actuarial science” is the discipline that applies mathematical and statistical methods to assess mortality and other event risks in the insurance industry and the design of pension schemes. Graduates of actuarial science mainly work for life, health, and casualty insurance companies. “Quantitative finance” also relies on mathematical and statistical methods, but it applies them mainly to financial problems, such as development and valuation of financial assets, investment strategy, portfolio management, asset trading, and risk management of those decisions. Graduates of quantitative finance mainly work for financial institutions such as commercial banks, investment banks, and fund management firms.
Selected JUPAS and non-JUPAS applicants may be invited for interviews. Please note, however, that interviews are not a mandatory requirement for admission.
The admission quota is 30.