This degree is aimed at students interested in using their mathematical and statistics skills for financial modelling, a skill that is in demand in the financial services sector, including banks and insurance groups. Apart from strengthening their knowledge of mathematics and statistics, students are introduced to economics, business, financial modelling, financial risk management and strategic decision-making.
Type: undergraduate degree
Duration: 3 years part time
Compulsory Subjects
First year subjects:
- Pre-calculus Mathematics
- Calculus
- Linear algebra
- Mathematical modelling
- Introduction to the business world
- Modelling in a financial environment
- Economics
- Descriptive statistics and probability
- Data analysis and inference
- Psychological processes in work context
- Introduction to programming
Second year subjects:
- Mathematical programming
- Rational decision making
- Financial modelling
- Differential equations
- Numerical methods
- Linear algebra
- The South African financial system
- Distribution theory
- Applied statistics
Third year subjects:
- Optimisation of resources
- Simulation
- Models for strategic decision-making
- Financial risk modelling
- Partial differential equations
- Numerical methods
- Ordinary differential equations
- Investor psychology
Careers: financial modeller.
Source: www.unisa.ac.za