- Bachelor's academic study programme Mathematics 3+
- Bachelor's academic study programme Financial mathematics 3+
- Integrated Master's study programme Pedagogical mathematics 5+0
- Interdisciplinary Bachelor's academic study programme Computer science and mathematics 3+
- Professional study programme Practical mathematics 3+

# Financial mathematics

(academic year 2019/20)

## Bachelor's (first cycle) academic study programme

Coordinator: prof. dr. T. KoširGraduates obtain the title *diplomirani finančni matematik (UN)/diplomirana finančna matematičarka (UN)*, abbreviated to *dipl. fin. mat. (UN)*.

This is a 3-year programme (6 semesters) with 180 ECTS credits.

The principal goal of the academic study programme in Financial Mathematics is to create experts capable of solving hard mathematical problems arising in the banking and insurance sector, in trading activities of stock exchanges and brokerage firms, and in management of pension and health funds.

## Curriculum

**Year 1: **Analysis 1, Analysis 2, Algebra 1, Discrete structures, Microeconomics, Optimization methods, Introductory seminar, Computer practical, Introduction to programming.

**Year 2: ** Analysis 3, Probability 1, Probability and statistics, Financial mathematics 1, Macroeconomics, Operational research, Data analysis with programme R, Numerical methods 1, Numerical methods 2, Money and finance, Seminar.

**Year 3: ** Financial lab, Probability with measure, Statistics 1, Stochastic processes 1, Game theory, Financial markets and institutions, Diploma seminar, electives.

Percentage of electives in the programme is 11.1% (20 credits), of those at least 9.4% (17 credits) from financial mathematics electives and up to 1.7% (3 credits) from general electives.

A student has to select at least 60 credits every year.

Admission to the study programme is open to either: a) Holders of the matura certificate (or an equivalent degree from a foreign institution).

Enrolment in Year 1 is granted upon admission. For enrolment in the next study year it is necessary to earn 50 ECTS credits from courses and exams in the current study year. In addition to the credit quota, the completions of the following exams are obligatory:

Students may apply for validation of competences acquired previously by means of various forms of education if their competences match those of one or more courses offered within this study programme.

## Transferring from other study programmes

It is possible to transfer from other study programmes. The appropriate year of study as well as other transfer requirements are determined on the basis of the programme the student is transferring from. The exact conditions for finishing the programme are determined by the department study committee.

The principal goal of the academic study programme in Financial Mathematics is to create experts capable of solving hard mathematical problems arising in the banking and insurance sector, in trading activities of stock exchanges and brokerage firms, and in management of pension and health funds. Graduates of this study programme also acquire enough theoretical knowledge to be able to proceed with the Financial Mathematics programme in the second cycle.