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Financial Mathematics and Industrial Statistics

About the degree programme

Modern financial markets are quickly developing not only as a result of technological advancements, but also, and probably more importantly, as a result of the seamless integration of mathematical and statistical techniques into problem solving. Sri Lankan financial market is also growing at a rate comparable to international markets, thus, higher educational institutions are expected to offer more academic and research programs in related fields that will produce intellectual force capable of making optimal decisions and solving problems in related areas. As the only government university in the Southern region, we have understood our responsibility to cater the needs of the country in the fast-developing fields of finance and insurance. Accordingly, the Department of Mathematics offers a new four-year undergraduate honours degree programme in Financial Mathematics and Industrial Statistics.

Objectives of the Degree Programme

The proposed B.Sc. in Financial Mathematics and Industrial Statistics degree program will provide students with the necessary knowledge and experience in mathematical and statistical techniques that can be applied in fields like Financial Mathematics, Actuarial Mathematics, Quality Controlling, and Reliability Theory. In addition, this program aims to equip students with theoretical and practical expertise in the subject areas mentioned above.

Overview of the program

Name of Degree programmeBachelor of Science Honours Degree in Financial Mathematics and Industrial Statistics
Abbreviated qualificationB.Sc. Honours (Fin. Math & Ind. Stat.)
Eligibility criterionZ-score
Proposed Student Intake50 students/year
Targeted Sri Lanka Qualification Framework (SLQF) LevelLevel 6
Medium of conduct English
Programme Duration and Credit LoadFour years and a minimum of 120 credits
Credits allocationCourse work: 114 credits
Industrial Training/Research: 06 credits
Does the programme have any collaboration with another Department/Faculty or Institute outside universities?Faculty of Management, Faculty of Humanities and Social Sciences will conduct some complementary course units.

Students can access the program structure, which includes the course codes, course names, credit values, and details such as compulsory/optional as well as whether the unit is theory or practical, via the link below.

The following link contains a detailed description of each course unit: