Program Overview

Honours BSc Financial Mathematics and Economics

The Honours BSc Financial Mathematics and Economics program is a 120-unit program that combines the study of mathematics and economics to provide students with a comprehensive understanding of financial systems and markets.

Program Overview

Mathematics and statistics are powerful problem-solving tools that combine imagination with logic, and precision with intuition. The Department of Mathematics and Statistics offers a range of programs, including Honours, majors, and minors in mathematics and statistics. The Honours program in statistics is accredited by the Statistical Society of Canada, allowing graduates to earn the A.Stat. professional designation.

Program Requirements

The program requires students to complete a range of compulsory courses, including:

• Introduction to Business (ADM 1100)
• Financial Accounting (ADM 1340)
• Introduction to Macroeconomics (ECO 1102)
• Introduction to Microeconomics (ECO 1104)
• Introduction to Computing I (ITI 1120)
• Calculus I (MAT 1320)
• Calculus II (MAT 1322)
• Introduction to Linear Algebra (MAT 1341)
• Mathematical Reasoning and Proofs (MAT 1362)
• Financial Management (ADM 2350)
• Finance Theory (ADM 2352)
• Macroeconomic Theory I (ECO 2142)
• Macroeconomic Theory II (ECO 2143)
• Microeconomic Theory I (ECO 2144)
• Microeconomic Theory II (ECO 2145)
• Multivariable Calculus (MAT 2122)
• Elementary Real Analysis (MAT 2125)
• Introduction to Numerical Methods (MAT 2335)
• Introduction to Probability (MAT 2371)
• Introduction to Statistics (MAT 2375)
• Business Ethics (PHI 2397)
• Corporate Finance (ADM 3350)
• Microeconomic Theory III (ECO 3153)
• Foundations of Probability (MAT 3172)
• Regression Analysis (MAT 3375)
• Introduction to Time Series Analysis (MAT 3379)
• Options and Futures (ADM 4351)
• Financial Econometrics (ECO 4185)
• Financial Mathematics (MAT 4372)

Optional Courses

Students must also complete a range of optional courses, including:

• 3 course units from:
  • Honours Linear Algebra (MAT 2141)
  • Introduction to Applied Linear Algebra (MAT 2342)
• 6 course units from:
  • International Finance (ECO 3123)
  • Macroeconomic Theory III (ECO 3152)
  • Monetary Theory (ECO 4115)
  • Industrial Organization II (ECO 4139)
  • Mathematical Economics II (ECO 4145)
  • Game Theory with Applications in Corporate Finance (ECO 4170)
  • Applied Econometrics (ECO 4186)
• 3 optional course units in management (ADM) at the 3000 or 4000 level
• 9 optional course units in mathematics (MAT) at the 3000 or 4000 level
• 3 optional course units in management (ADM) at the 4000 level
• 3 optional course units in mathematics (MAT) at the 4000 level

Elective Courses

Students must also complete 3 elective course units.

Total Units

The total number of units required for the program is 120.

Notes

• Students intending to pursue graduate studies in mathematics should select 9 optional course units from MAT 3120, MAT 3121, MAT 3143, and MAT 3341 among their optional course units in mathematics (MAT).
• Students intending to pursue graduate studies in statistics should select MAT 3175 and MAT 3378 among their optional course units in mathematics (MAT).
• MAT 4374, MAT 4379, MAT 4380, MAT 4381, MAT 4382, MAT 4384, and MAT 4387 are recommended.