| Department of Mathematics

B.Sc. (Research) in Mathematics

Specialization

Students of B.Sc. (Research) in Mathematics can choose to specialize in certain areas, especially in applications of Mathematics.

Mathematical Finance

Mathematical Finance is a modern study area where advanced mathematical methods are used to create and add immense value in a practical environment. Typically banks, insurance companies, and institutional investors rely on mathematical models to drive both their investment and risk management strategies. The study of Mathematical Finance provides ample opportunities for continuation into research. Alternatively, it can be essential in finding employment in many areas in the financial industry. The credit requirements are as follows:

  • MAT 390 (Introduction to Mathematical Finance) – 4 credits
  • Either MAT 490 (Discrete Time Finance) or MAT 590 (Computational Finance) – 4 credits
  • Either MAT 384 (Econometrics) or MAT 484 (Advanced Statistics) – 4 credits
  • Either MAT 388 (Optimization I) or MAT 488 (Optimization II) – 4 credits

Applied Algebra

Modern algebra, with its emphasis on the study of relationships and symmetry, has brought greater clarity to all parts of mathematics and its applications. The specialization in Applied Algebra offers the opportunity to study several topics in algebra which are especially popular today, with applications as diverse as playing a scratched CD, protecting online transactions, the design of statistical experiments, and representing molecular structures. The credit requirements are as follows:

  • MAT 440 (Elementary Number Theory)
  • Any three of MAT 442 (Graph Theory), MAT 542 (Cryptography), MAT 543 (Error Correcting Codes), MAT 544 (Combinatorial Design Theory)