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Applied Mathematics and Statistics - Financial Mathematics, B.Sc.

  • Anytime
    Application Deadline
  • 48 months
    Duration
University rank #268 (QS) Abu Dhabi, United Arab Emirates
The BSc in Applied Mathematics and Statistics program offers training in mathematical problem-solving techniques with a reduced emphasis on abstract theory. The program is tailored to the student who will need to apply mathematical, statistical, and computational methods to practical problems.
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Overview

Applied mathematics includes the theoretical portions of physics, chemistry, biomedicine, engineering, economics, finance, and a wide variety of other disciplines. Recent advances in computing technology have made the use of quantitative methods of even greater importance in these disciplines.

Prospects for employment opportunities for graduates in the mathematical and statistical sciences are excellent. There is a growing demand for professional mathematicians and statisticians in almost every sector of the job market, including the engineering and telecommunications industries; computer services and software development; actuarial and financial services; pharmaceutical industry and medical services; market research agencies; government laboratories and the military services; as well as academics and teaching.

Students may select a Financial Mathematics Concentration before selecting the Science/Engineering Electives. A concentration at the Khalifa University of Science and Technology leads to a specialized award or degree and will be specified on the diploma and the student’s academic record.

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 48 months
  • Credits
    140 alternative credits
  • Languages
    • English
  • Delivery mode
    On Campus

Programme Structure

Courses include:

  • Econometrics
  • Stochastic Differential Equations
  • Financial Risk Analysis
  • Optimal Control Theory
  • Financial Portfolio Management

For more information, please visit the programme website.

English Language Requirements

  • Minimum required score:

    6

    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.

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  • Minimum required score:

    79

    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 ®.

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Academic Requirements

You need the following GPA score:

Required score: 3

Applicants for graduate programs must have the equivalent of a bachelor’s degree with a minimum GPA equivalent to 3 on a US 4.0 grading scale. Admitted applicants typically have an undergraduate GPA of or better on a 4.0 scale. No exam grade should be lower than 4.5 (European grade scale) or D (American grade scale).

Your GPA (Grade Point Average) is calculated using the grades that you received in each course, and is determined by the points assigned to each grade (e.g. for the US grading scale from A-F).

General Requirements

  • Hold a UAE Secondary School Certificate (SSC) in Advanced Stream – Ministry of Education or Physics Stream – Abu Dhabi Education Council with a minimum overall achievement of 80%, and a minimum score of 80% in Mathematics or equivalent
  • American System -  Complete 12 years; Minimum GPA 3.0 (or equivalent) on scale of 4; Mathematics in 3 of last 3 years, Physics in 2 of last 3 years, and Chemistry in 1 of last 3 years; Minimum score of 80 in Mathematics; At least 1 science (Chemistry or Physics) in last year
  • British System - Total of 8 courses 5 - O level including Mathematics, Physics and Chemistry , 3 - AS/A levels including Mathematics, and (Physics or Chemistry); Minimum grade of C in all courses

Tuition Fee

  • International

    808 EUR/credit
    Tuition Fee
    Based on the original amount of 808 EUR per credit and a duration of 48 months.
  • National

    808 EUR/credit
    Tuition Fee
    Based on the original amount of 808 EUR per credit and a duration of 48 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.
  •  AED 3,333 per credit hour 

Living costs for Abu Dhabi

  • 5000 - 8600 AED/month
    Living Costs

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

Funding

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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