StudyQA — Master: Mathematics — Uppsala University (Page 27)

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Description Contents Requirements Funding

The Master Programme in Mathematics has two specialisations mathematics and financial mathematics. In both specialisations you have great opportunity to select courses according to your interests and thus build a unique study profile. You can choose to immerse yourself in mathematical theory or combine mathematics with other disciplines, such as scientific computing, physics, signal processing and systems engineering.

If you choose to focus on the theoretical aspects of mathematics, the master programme will provide you with a good basis for a doctoral program. Or, if you combine your math courses with other subject areas, you will have the opportunity of a career in various industries, such as energy, finance and infrastructure.

Career

For a professional career outside the university, you should combine your advanced mathematical knowledge with an applied subject. You can give your programme a unique profile by choosing courses in other areas, such as scientific computing, systems engineering and computer science. This profile will enable you to successfully compete with graduate engineers and scientists on the labour market.

Studies in mathematics will give you important skills for many areas where mathematical modeling plays a central role. Mathematicians are found in many industries and often work with forecasting and planning. Qualified mathematical statitisticians are needed in insurance companies, banks, pharmaceutical companies etc.

The labour market for financial mathematicians has been good in recent years, and the future outlook is deemed by all forecasters to be bright. Complex financial instruments are used not only in the pure finance sector but also, for example, by the manufacturing industry to secure future deliveries of raw materials with the help of forward transactions and options rather than maintaining large inventories. Traditional knowledge of economics is not sufficient to manage such financial instruments, which means that advanced mathematical and computational techniques are also required.

Both specialisations will enable you to continue with doctoral studies in one or several of the mathematical fields: mathematics, applied mathematics, mathematical statistics and financial mathematics.

Degree

The programme leads to a Master of Science (120 credits) with Mathematics or Financial Mathematics as the main field of study.

After one year of study it may also be possible to obtain a Master of Science (60 credits).

Financial Mathematics

Within the specialisation financial mathematics, you will begin your studies with courses in economics and financial mathematics. Then you will study advanced courses in which you will deepen your knowledge in financial mathematics, mathematical statistics and mathematical analysis. The programme includes training in performing extensive calculations and simulations on financial models.

Mathematics

Within this specialisation, you will begin your studies with courses in algebra, integration theory and partial differential equations. Then you will study advanced courses in which you will deepen your knowledge in mathematics and mathematical statistics. You can also choose to study courses in other subject areas.

If you focus on pure mathematics you will learn how to report central mathematical concepts, broadly describe how results are logically related, and be able to prove important theorems.

If your focus is mathematical statistics you will learn how to use advanced tools for stochastic modelling of random phenomena, primarily in natural science, medicine, technology and economics. You will also gain in-depth knowledge in the theory of mathematical statistics.

Financial MathematicsA bachelor of science degree, equivalent to a Swedish degree of at least 180 credits (i.e. three years of fulltime studies), including 90 credits in mathematics with at least 20 credits in probability theory, programming and/or numerical analysis.Mathematics Bachelor of science degree, equivalent to a Swedish degree of at least 180 credits (i.e. three years of full-time studies), including 90 credits in mathematics.GeneralProof of skills in English to a level corresponding to English B in the Swedish secondary school. This is normally attested by means of an internationally recognised test with the following minimum scores:IELTS: an overall mark of 6.5 and no section below 5.5TOEFL: Paper-based: Score of 4.5 (scale 1-6) in written test and a total score of 575. Internet-based: Score of 20 (scale 0-30) in written test and a total score of 90Cambridge: CAE, CPESelectionSelection will be based on previous academic studies and degrees, and a statement of intent. English Language Requirements IELTS band: 6.5 TOEFL paper-based test score : 575 TOEFL iBT® test: 90