General
How many semesters does the Financial Mathematics minor take to complete?
Since the required modules are based on one another, completing the minor program typically takes four semesters. It is recommended to start the minor program in the third semester of studies.
Is attendance of lectures and exercise classes mandatory?
No, but it is strongly recommended. The hand in of exercises with testat is sometimes required. Consult the course catalogue for the precise regulations of each module.
Can I apply to the minor program as a student with a major in mathematics? Are there special rules applying?
Yes, students with a major in mathematics can apply once they have passed the compulsory module MAT901. In this situation, the class FIM101 should be replaced with electives for at least 9 ECTS.
Can I apply to the minor program as a student from other faculties of the university of Zurich?
It is up to the university offering the major study program if it approves the minor.
What does the minor program offer in addition to a major program in Mathematics?
The minor program in Financial Mathematics complements a Mathematics major by providing specialized knowledge and practical skills relevant to the finance industry, hence expanding career options, and preparing students for success in a rapidly evolving job market. In addition, the minor can also serve as a stepstone for further academic specialization in quantitative finance of applied mathematics (e.g., graduate programs).
What does the minor program offer in addition to a major program in Banking and Finance?
The minor in Financial Mathematics provides a strong foundation in quantitative analysis. This includes advanced mathematical and statistical techniques that are essential for understanding complex financial models, risk management strategies, and investment decisions.
Can I apply to the minor program as a student from another university?
It is up to the university offering the major study program if it approves the minor
Prerequisites
Is it possible to start the minor program before completing all the necessary requirements?
No.
I completed AOEC04 Mathematik I, AOEC09 Mathematik II and AOEC10 Statistik. Are the prerequisites for the minor program fulfilled?
Yes, a completed assessment at the faculty of business, economics and informatics is sufficient to enter the minor program.
Is it required to know a programming language prior to starting the minor program?
No, but basic knowledge of Python may be an advantage for the class FIM201.
Are students prohibited from studying mathematics allowed to enroll in the minor program?
Yes.
Modules
Are all FIM modules offered regularly?
All the required modules are offered every year. Electives may or may not be offered regularly.
MAT901 Stochastik is required in my major program. Can I count it towards my minor program as well?
No. Each module can only be counted towards one study program. Students completing MAT901 as a required module of their major program need to replace it in the minor program by additional elective modules worth at least 9 ECTS.
Is it possible to accredit required modules from different universities?
No, required modules have to be taken at UZH.
Is it possible to take elective modules during a study abroad?
Generally, yes. The specific modules have to be discussed with the study coordination and appropriately recorded in a learning agreement. Required modules are to be completed at UZH.
Can I book single modules of the minor program?
Yes, as long as the prerequisites are fulfilled.