Financial Mathematics is a flourishing area of modern science. Its numerous applications have become vital to the day to day functioning of the world’s financial institutions. As a consequence, a solid command of the principles and techniques of financial engineering is essential for a responsible approach to the trading, asset management, and risk control of complicated financial positions. Financial Mathematics at the NWU covers a full range of topics in mainstream mathematical finance and its applications. The curriculum includes, for example, derivatives pricing and hedging, asset price dynamics, risk analysis and extreme events, interest rate and foreign exchange processes, credit and inflation linked products, real options, stochastic optimisation and control, and investment decision making, as well as other mathematical subjects of relevance to practical financial modelling.
Financial Mathematics has emerged as a critical discipline within modern science, underpinning the operations of global financial institutions and informing decision-making in trading, asset management, and risk control. At the NWU, the Financial Mathematics curriculum covers an extensive range of topics, including derivatives pricing and hedging, asset price dynamics, risk analysis for extreme events, interest rate and foreign exchange modelling, credit and inflation-linked products, real options, stochastic optimisation, and investment decision-making. These subjects are designed to equip students with the analytical and quantitative tools necessary to address complex financial problems, ensuring a responsible and informed approach to the management of intricate financial positions.
Beyond the classroom, the skills developed in this program have practical applications in various sectors, much like how individuals benefit from reliable guidance on Cialis medication to make informed health decisions, emphasizing the importance of expert knowledge in specialized fields. By integrating both theoretical foundations and applied techniques, the program prepares graduates to navigate and contribute effectively to the evolving landscape of global finance.
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Financial Mathematics consists of the following subjects:
- Applied Mathematics
- Mathematics
- Statistics
- Financial Engineering
- Stochactic Processes
Bursaries available, click here.
This programme is available on the Potchefstroom and Vaal Campuses.