Program Details

/Program Details
Program Details 2018-04-20T11:15:13+00:00

Master of Science (Financial Mathematics)

PROGRAM DETAILS

Programme Code: S304
Medium of instructions: English
Credit hours: 43
Programme Option: Mixed Mode

Background of the Programme

This programme is designed to fulfil the growing interest on the usage of quantitative principle and approach within the field of finance through evolving curriculum with embeds the usage of new technology to assist data driven decision and in-depth analysis.


Objectives of the Programme

The Master of Science (Financial Mathematics) programme is designed to achieve the following objectives: · 1) To produce financial mathematicians who use advanced, quantitative, and practical knowledge to solve problems and produce quality research. ·

2) To produce financial mathematicians who can lead, make meaningful contributions in the team and practice effective communication among team members and other relevant parties. ·

3) To produce financial mathematicians who are competitive by leveraging current digital technology developments in providing services and able to create new opportunities. ·

4) To produce financial mathematicians who are independent, ethical and practice good governance in providing professional services.

CAREER PROSPECTS

The career paths for financial mathematics graduates cover a large area of the financial services industry, which includes job opportunities in commercial banks, accounting and financial consulting firms, investment firms, insurance companies, investment banks, brokerage firms, public institutions, international organisations as well as technology vendors and software that provides products and services to the financial industry. Due to the high mathematical ability required in the contemporary financial industry, there is always a room for a well-trained financial mathematician, which makes the graduates from this field are much in demand by the industry.

A feel for the work of financial mathematicians can be gained from the following websites: · https://www.bursamalaysia.com/market/ ·

https://www.sc.com.my/ ·

http://www.bnm.gov.my/ ·

https://www.bimbsec.com.my/ ·

http://www.pnb.com.my/ ·

https://www2.deloitte.com/my/en.html

Admission to Master’s Degree by Mixed Mode

  1. A bachelor’s degree in the field or related fields with a minimum CGPA of 2.75/4.00 or equivalent, as accepted by the Senate; or
  2. A bachelor’s degree in the field or related fields or equivalent with a minimum CGPA of 2.50/4.00 and not meeting CGPA of 2.75/4.00, can be accepted subject to rigorous internal assessment.
  3. A bachelor’s degree in the field or related fields or equivalent with minimum CGPA of 2.00/4.00 and not meeting CGPA of 2.50/4.00, can be accepted subject to a minimum of 5 years working experience in the relevant field and rigorous internal assessment; or
  4. Candidates without a related qualification in the field/s or working experience in the relevant fields must undergo appropriate prerequisite courses determined by the University and meet the minimum CGPA based on (1) to (3) above.
  5. Other qualifications equivalent to a bachelor’s degree with honours AND relevant professional work experience.

           Note: 1-year work experience is equivalent to 0.05 CGPA

(1)  An applicant shall show evidence of proficiency in the English language based on the following criteria: 

  1. TOEFL minimum score of 180 (computer-based) or 64 (internet-based); or
  2. IELTS minimum score of Band 5; or
  3. MUET minimum score of Band 3; or
  4. graduated from institutions that use English as the main medium of instruction, AND will be required to seat for University English Proficiency Test (UEPT) with minimum score of Band 3; or
  5. graduated in the field of Teaching of English as a Second Language (TESL), English Language Studies (ELS) and equivalent from a university recognised by the Senate; or
  6. a native speaker of English.

(2)  Research-mode applicant who intends to write his/her thesis in Arabic will be required to fulfil the criteria as follows:

  1. TOEFL minimum score of 150 (computer-based) or 52 (internet-based); or
  2. IELTS minimum score of Band 4; or
  3. MUET minimum score of Band 2; or
  4. UEPT minimum score of Band 2.

(3)  An applicant who does not fulfil any of the criteria under (1) & (2) will be allowed to register conditionally and is required to fulfil any of the criteria under (1) or (2), within 12 months (for Master’s students) and 24 months (for Ph.D. students).

ProgrammeModeTotal Fees

Local Full Time

Local Part Time

International

Master of Science (Financial Mathematics)

Mixed Mode

9,051.00 MYR

9,098.00 MYR

15,465.00 MYR

The fees that stated are subject to change from time to time without any prior notice by the University. Student are advised to check the CGS Website for any changes before the of each semester registration. All fees must be paid upon registration.

The university has the right to withdraw this offer or to terminate you from your study if you are found to suffer from or to be a carrier of contagious/infectious diseases, or to suffer from a medical condition requiring continuous medical care that will adversely affect your study at USIM.

(1) Communicable Disease

Type of Disease / Problem Example

Example

1

  • Contagious
  • Difficult and require prolonged treatment
  • Expensive treatment
  • HIV / AIDS
  • Hepatitis B
  • Hepatitis C

2

  • Infectious
  • Treatable within certain period of time.
  • Tuberculosis

3

  • Infectious
  • Treatable within short period of time.
  • Malaria
  • Typhoid
  • Syphilis (VDRL)

4

  • Communicable Disease defined as epidemic by MOH
  • Japanese encephalitis,
  • SARS
  • Avian flu


(2)   Chronic Non-communicable Disease 

Type of Disease / Problem Example

Example

1

  • Condition that can endanger to himself or others.

  • Recurring repeatedly and affecting his study

  • Epilepsy

  • Schizophrenia

2

  • Expected to be prolonged.

  • Obvious and serious symptoms.

  • Prolong treatment schedule.

  • Dialysis

  • Cancer

3

  • Addiction or drug abuse as stated in AUKU or Malaysian Law.

  • Drugs.

  • Drugs

4

  • Continuous medication.

  • No serious symptoms.

  • Treatment does not affect study

  • Hypertension

  • Diabetes Melitus

 

Applicants can apply via online at https://ipps2.usim.edu.my/ and fill the prescribed forms. Forms and supporting authenticated documents must then be submitted through online or mailed to the office.

For information related to visa and student pass, please refer to http://alamiyyah.usim.edu.my

Contact Us

Centre for Marketing and Student Admissions
Level 1, Chancellory Building
Universiti Sains Islam Malaysia
Bandar Baru Nilai, 71800, Nilai
Negeri Sembilan, MALAYSIA

Phone: +606 798 8057 / +606 798 6002 / +606 798 8055
WhatsApp: Web: https://wa.me/6067986002
Email: study@usim.edu.my