西安大略大学

What is Financial Modeling?

Over the past two decades, new quantitative techniques have transformed the investor decision-making process and the financial industry. Today banks, insurance companies, securities and investment firms turn to technical innovation to gain the competitive advantage. Sophisticated mathematical models are used to support investment decisions, to develop and price new securities or to manage risk. Financial institutions but also energy companies, utilities and corporations with exposure to exchange rate or commodities risk are hiring quantitatively sophisticated employees.

Where do financial mathematicians work?

• Banks: Analyst in Currencies and Commodities; Investments; Risk Management; Securities; Brokerage Firms

• Universities - Research/Teaching

• Pension Fund Management Companies

• Insurance Firms

Module
9.5 courses:

3.5 courses: Statistical Sciences 2503A/B (or the former Applied Mathematics 2503A/B), Statistical Sciences 2857A/B, Statistical Sciences 2858A/B, 2864A/B,3657A/B, 3858A/B, 4861A/B (or the former Statistical Sciences 3861A/B).
0.5 courses: Actuarial Science 2553A/B.
3.0 courses: Financial Modelling 2555A/B (or the former Actuarial Science 2555A/B), Financial Modelling 2557A/B (or the former Actuarial Science 2557A/B),Financial Modelling 3520A/B (or the former Statistical Sciences 3520A/B), Financial Modelling 3613A/B (or the former Applied Mathematics 3613A/B), Financial Modelling 3817A/B* (or the former Applied Mathematics 3817A/B), Financial Modelling 4521F/G (or the former Statistical Sciences 4521F/G).
2.0 courses: Calculus 2402A/B, Applied Mathematics 2811B, 2814F/G, 3815A/B, the former 2813B.
0.5 courses from: Applied Mathematics 3611F/G (or the former Applied Mathematics 4611F/G), Applied Mathematics 4613A/B** or Applied Mathematics 4617A/B*, Applied Mathematics 4999Z, Financial Modelling 4998F/G/Z (or the former Statistical Sciences 4998F/G/Z), Statistical Sciences 4999F/G/Z, or Actuarial Science 4997F/G/Z.

Calculus 2402A/B may be replaced by either (Calculus 2502A/B and Calculus 2503A/B) or (Calculus 2502A/B and Mathematics 2122A/B or the former Mathematics 2123A/B). When such a replacement occurs, the module will include 10.0 courses.

* May be offered only in odd-numbered academic years.
** May be offered only in even-numbered academic years.