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Financial Mathematics and Statistics

Major

Financial mathematics and statistics is designed to meet the needs of a particularly popular area of employment for our mathematics graduates. Mathematics is the foundation of the financial world. It allows investors, traders and bankers to make optimal decisions and to distribute risk in a rational way. The mathematics behind finance is, however, not simple and relies heavily on ideas from statistics and the mathematical theory of random events.

Financial Mathematics and Statistics will give you a broad introduction to the methods and ideas of mathematical finance and will prepare you for employment in the financial sector or for honours and further study in the field.

Graduate opportunities

Graduates with a major in financial mathematics and statistics are highly sought after by the finance industry, which continues to need graduates with quantitative skills.The expertise acquired in this major is needed not only for the operation and analysis of investment portfolios, but also to establish, operate and maintain protocols for pricing traditional products like options and futures and modern products such as barriers, caps, swaps, exotics and other derivative securities.

Career pathways
Courses that offer this major

The course information on this website applies only to future students. Current students should refer to faculty handbooks for current or past course information.

To help you understand common terms that we use at the University, we offer an online glossary.