Bachelor of Science (Financial Engineering)

Description of the Programme

Financial Engineering deals with the application of science-based mathematical models in decision making in areas of savings, investment, borrowing, lending and risk management. To remain competitive, regional industries, as well as national and international firms, will employ financial engineers because of the increased complexity and sophistication of business risk management. The program is interdisciplinary and the knowledge and skills developed by students are applicable in many business settings. Financial Engineers are concerned with the construction of models and application of financial theory and instruments in formulating solutions to financial problems as well as exploring financial opportunities. It emphasizes the creation of new financial economic instruments as well as the combining of existing instruments to manage risk, create strategic business opportunities, lower costs, and access new markets. The course will provide students with a thorough understanding of the correlation between financial supremacy and the power of technology for strategic financial and business purposes. The curriculum emphasizes rigorous training in financial subjects such as financial economics, engineering mathematics, mathematics of investment and finance, risk management, mathematics for finance, principles of finance, principles of corporate finance, financial statement analysis, stochastic processes, corporate financial strategies, time series analysis and forecasting, taxation, portfolio management, corporate risk management, insurance, accounting and actuarial methods. The curriculum also encompasses technological-related subjects, in a move to produce graduates with great financial efficiency and competitiveness. In doing so, students will be engaged in subjects such as Computer Networks and Internet Computing, Database Management Systems, Computer Programming, Database Management Systems, Computer Networks and Internet Computing, Mathematical Programming and Software Engineering. Students will use statistical methods to identify, quantify and develop various strategies to mitigate against financial risks. It is an integrated degree programme that will enable graduates to solve a financial/risk problem holistically.

Minimum Entry Requirements