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PRMIAPRMIA accredited programme University Affiliation Program

 

INTRODUCTION

 

The finance discipline has undergone a profound transformation in the recent decade, brought about the development of innovative and customized financial products, globalization and automation of trading activities, and increasing reliance on mathematical and computational technologies.  In response to these developments, a specialized area in finance called “quantitative finance” has emerged, which emphasizes the applications of quantitative techniques in finance.  The Bachelor of Science in Quantitative Finance programme (JUPAS Code: 6884) is designed to equip students with the quantitative techniques in mathematical modeling, statistics, and computer programming that are essential in supporting financial decision making.

 

 

Programme Aims and Features

 

The BSc(QFin) programme provides solid training to students in both finance and technical quantitative knowledge, and equips them with skills in sophisticated financial modeling and calculation, the processing and analysis of financial data, investment decisions, and the pricing and use of financial derivatives.

 

The BSc(QFin) programme is designed for students with strong mathematical background who seek a vigorous finance training that prepares them to take on challenging professional positions in the industry or to pursue graduate studies.

 

In the first year, students will complete compulsory introductory courses in accounting, computer studies, economics, finance, mathematics, and statistics.  In subsequent years, students will take advanced level courses in various disciplines to enhance their quantitative skills and financial knowledge.  Students may also declare a minor or a second major if they are able to meet the respective requirements.

 

 

What is Quantitative Finance? How does it differ from Finance?

 

Quantitative finance is a specialized area in finance.  Similar to finance, quantitative finance covers the fundamental areas in finance, such as corporate finance, investment, portfolio management, fixed income securities, and derivatives.  Beyond this basic training, the two areas offer students different paths of learning experience.  While a finance student will take more courses in finance and economics, a quantitative finance student would focus on acquiring the mathematical, statistical, and programming techniques required to support financial decision making, such as valuation of financial products, investment and portfolio management, and financial risk management.

 

 

Programme Advisory Committee

 

A programme advisory committee comprised of prominent market professionals and scholars is formed to help develop and monitor the curriculum to ensure that it is current and up to standard.