Financial and Computational Mathematics Dissertation
| Code | School | Level | Credits | Semesters |
| MATH4062 | Mathematical Sciences | 4 | 60 | Summer UK |
- Code
- MATH4062
- School
- Mathematical Sciences
- Level
- 4
- Credits
- 60
- Semesters
- Summer UK
Summary
In this course a substantial investigation will be carried out on a topic in Financial Mathematics and related subjects. The study will be largely self-directed, with oversight and input provided where necessary by a supervisor from the School of Mathematical Sciences.
The topic will be chosen from a list of potential projects provided by the School of Mathematical Sciences. The projects will usually contain three components:
- a finance-related part;
- mathematical and/or statistical methods and analysis;
- element of computing either using existing packages or developing new code to simulate and analyse appropriate mathematical models.
The balance of the three components will depend on the nature of a particular project.
Target Students
MSc students in Financial and Computational Mathematics.
Classes
- One 1-hour tutorial each week for
Assessment
- 15% Oral: Oral presentation - 15 minutes in length
- 85% Report: A word-processed report normally 15,000-25,000 words.
Assessed by end of summer vacation
Educational Aims
The purpose of thiscourse is to broaden and deepen the students' knowledge and understanding of financial mathematics and related fields by carrying out a detailed and substantial investigation. Students will acquired knowledge and skills of relevance to a professional or researcher working in financial mathematics/financial engineering/financial risk. Research experience will be broadened considerably by undertaking this independent but supervised work, summarising the analysis and findings in a written dissertation and discussing their investigation in a viva.Learning Outcomes
A student who completes this course successfully should be able to:
L1 - carry out modelling and numerical computation on a substantial problem related to financial mathematics/financial engineering/financial risk.
L2 - search and review relevant literature and other resources where appropriate; present their results in written form to an expert audience.
L3 - apply complex ideas to familiar and to novel situations.
L4 - relate theoretical models to their applications.
L5 - give an oral presentation.
L6 - communicate results using appropriate styles, conventions and terminology.