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Financial mathematics
(academic year 2019/20)

Master's (second cycle) programme

Coordinator: prof. dr. M. Knez

Please visit our Master's degree website for more information about the programme, department, and life in Ljubljana.

This programme is designed for Bachelors in Financial Mathematics as well as graduates of other first cycle programs wishing to enhance their knowledge of probability and optimization and acquire new knowledge of economics and financial mathematics. Graduates of this programme can take active part in planning and development in financial institutions and financial departments of large companies or engage in scientific research at economic research institutions.

This is a 2-year programme (4 semesters) with 120 ECTS credits.

Graduates obtain the title magister finančne matematike/magistrica finančne matematike, abbreviated to mag. fin. mat.


Year 1: Probability 2, Financial mathematics 2, six electives from groups M1, M2, M3, M4, M5, R1, one elective at the Faculty of Economics, general elective

Year 2: Three electives from groups M1, M2, M3, M4, M5, R1, one elective at the Faculty of Economics, general elective, Workplace experience 1, general elective or Workplace experience 2, Master's thesis

The student must pass at least five electives (30 ECTS) from group M5 and at least four electives (24 ECTS) from groups M1-M5 and R1.

Mathematics electives are chosen from the following groups:

Percentage of electives in the programme is 70% (84 credits), of those at least 56.7% (68 credits) from financial mathematics, mathematics and economics electives and up to 13.3% (16 credits) from general electives.

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

Full curriculum »

Admission requirements »

Admission to the study programme is open to either: a) Graduates of the Academic study programme in Financial mathematics.

Enrolment, re-enrolment and graduation requirements »

Enrolment in Year 1 is granted upon admission. For enrolment in the second study year it is necessary to earn 50 ECTS credits from courses and exams in the current first study year.

Validation of competences, knowledge, and skills acquired prior to admission to the study program »

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.