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Analytical Finance, Bachelor

  • Application Deadline
  • 36 months
    Duration
Västerås, Sweden
The Analytical Finance programme from Mälardalen University prepares you for a challenging career in the international world of finance. By giving you a solid foundation in Mathematics you will, among other things, learn to do quantitative analysis of financial markets and manage financial portfolios.
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Overview

The Programme

The Analytical Finance programme from Mälardalen University will give you a solid foundation in Mathematics/Applied Mathematics, Economics and in addition knowledge in Business Administration. To prepare you for a career in the financial industry, advanced financial software and programming languages are used in the teaching process. The focus of the programme is on using advanced mathematical tools to solve real-life problems.

The inclusion of lecturers from the financial industry is an important feature of the programme.

Analytical Finance is internationally-oriented and is taught entirely in English. It attracts both international and Swedish students.

Employment and Future Prospects

In the modern financial industry there is a high demand for mathematicians with knowledge of finance and economics. The Analytical Finance programme is designed to meet that demand. As a graduate from this programme you will have competitive qualifications for obtaining an attractive position in a bank, in the investment and insurance industries, in the government or a financial institution.

If you complete your education with a Bachelor's degree in Mathematics/Applied Mathematics you can also acquire a position in business, working with information technologies and other fields of engineering.

You will also have the opportunity to continue your education by taking the two-year Master's programme in Financial Engineering or the two-year Master's programme in Engineering Mathematics offered at Mälardalen University, or at another higher education institution or university anywhere in the world.

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 36 months
  • Credits
    180 ECTS
  • Languages
    • English
  • Delivery mode
    On Campus

Programme Structure

Courses include:

  • Mathematics/Applied Mathematics
  • Mathematics for Economics and Business
  • Vector Algebra
  • Single Variable Calculus
  • Introduction to Financial Mathematics
  • Business Administration

English Language Requirements

  • Minimum required score:

    6.5

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    Get a free IELTS practice test
  • Minimum required score:

    90

    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.

    Schedule TOEFL®
  • Minimum required score:

    575

    The TOEFL®PBT is administered in a paper format and measures your ability to use and understand English in a classroom setting at the college or university level. It accurately measures how well you can listen, read and write in English while performing academic tasks. Read more about TOEFL®PBT.

    Schedule TOEFL®

General Requirements

  • Studies in Advanced Mathematics of 3 years from Upper Secondary School with a Science profile and a TOEFL test result, minimum score 575 with a TWE score of at least 4,5 (PBT) or 90 with a TWE score of at least 20 (iBT)/IELTS test result with an overall band score of minimum 6,5 and no band score below 5,5.

Tuition Fee

  • International

    12690 EUR/year
    Tuition Fee
    Based on the original amount of 12690 EUR per year and a duration of 36 months.
  • EU/EEA

    Free
    Tuition Fee
    Based on the original amount of 0 EUR per year and a duration of 36 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

135,000 SEK

Living costs for Västerås

  • 7140 - 11420 SEK/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Mälardalen University scholarship programme

Every year Mälardalen University offers a limited numbers of scholarships to students applying for a Master's programme with us as their first choice.

The scholarship will cover 100% of the tuition fee of the programme as long as you follow the normal study plan (minimum 22.5 credits/semester, minimum 45 credits/academic year). The scholarship does not cover living expenses. If your status from being a fee-paying student to a non-paying student is changed during the study period of the programme you will no longer be granted the scholarship.

Please note, if your application for scholarship is to be considered you must have applied for the programme at Mälardalen University as your first choice and submitted supporting documentation within deadlines. In addition the application fee must have been paid in time.

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

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