B.Sc. in Financial Engineering (external)
GCE Advanced Level Examination (local) – Three passes in one sitting in Mathematics/ Biology/ Commerce Streams (Preference will be given to those who have done Mathematics/ Combined Mathematics/ Higher Mathematics)
OR
Equivalent Curriculum to local GCE Advanced Level Examination (eg: Edexcel, London A/L, Cambridge A/L, etc. ) including Mathematics as a subject
OR
Any other equivalent academic/professional qualification acceptable to the faculty and the senate
Indented Learning Outcomes of BSc in Financial Engineering
The end of the 3 years (SLQF Level 5) BSc in Financial Engineering Degree holders should be able to:
- demonstrate knowledge and proficiency in the terminologies, theories, concepts, practices and skills specific to the field of finance and insurance financial product development.
- observe and interpret financial markets to uncover potential opportunities and construct financial portfolios.
- apply best practices in financial management to make plans, organize projects, monitor outcomes and provide financial leadership.
- apply the Standards of Practice and Codes of Conduct of Financial Practitioners to address ethical challenges within the business environment and demonstrate intellectual maturity in a global setting.
- practice professionalism and uphold ethical standards and improve/update skills required for employment and life-long learning.
- effectively communicate & disseminate knowledge, information and ideas to specialist and a wider society
- perform independently as well as interdependently
Specific Intended Learning Outcomes
Upon completion of the BSc Financial Engineering, the following criteria shall be fulfilled:
1. KNOWLEDGE
Upon completion of the BSc in Financial Engineering programme, the student should possess knowledge and understanding of the following:
- Insight into some of the subjects fundamental to finance.
- Basic principles, theories and applications in the field of financial mathematics.
- Mathematical analysis common to most financial analysis disciplines, calculus, linear algebra.
Differential equations models for finance. - Numerical methods and scientific computing to solve problems in calculus, differential equations, and linear algebra.
- Basic probability theory and statistics including data analysis, error analysis, hypothesis testing and linear regression.
- Basic understanding of financial programming in common languages and spreadsheet applications.
- Basic principles of Economics and Accounting.
3. COMPETENCE (Attitudes, Values, Professionalism and Vision for life, Lifelong Learning)
Upon completion of the BSc programme, the student should be able to utilize the knowledge and skills he/she has acquired to:
- Apply analytical skills and modelling methodologies to recognize, analyze, synthesize and implement operational solutions to Finance problems
- Apply standard quantitative scientific principles to develop finance solutions to a range of practical problems in Finance
- Appreciate the importance of keeping up with evolving industry practice technologies and technology and research, to meet expand professional competencies and industry expectations.
- Undertake further studies towards a graduate level degrees and professional qualifications.
2. SKILLS
Upon completion of the BSc in Financial Engineering programme, the student should have gained the skills to:
2.1 Disciplinary skills
- Quantify and model the financial structure of projects and corporations and for that purpose apply suitable techniques.
- Design mathematical models of the financial functions of organizations and solve the formulated problems by a range of quantitative techniques, including simulation and optimization techniques.
- Plan, manage and analyze financial and operational structures in projects, using recognized financial techniques as well as other current best-practice methods.
- Apply the statistical methods in order to analyze and interpret data.
- Carry out risk assessment by disciplines of risk management and decision analysis.
2.2 Personal Skills
- Apply financial methods to projects, i.e. have the ability to assess the financial feasibility of the projects and identify the key factors in a given situation and develop an approach to a solution.
- Formulate and work on open-ended problems, including creative thinking.
- Apply research methodology, including the fundamentals of technical writing and information finding, including literature search.
- Apply standard scientific principles to develop financial solutions to a range of practical problems.
2.3 Interpersonal skills
- Develop strategic communication skills through industry-based management case studies.
- Communicate effectively and professionally and formulate sound arguments, both in writing and by means of presentations, using appropriate professional techniques.
- Developing team analytical negotiation skills in providing a business proposal and project plan.
- Be an effective team member and contribute to the management of team projects by interpreting data analysis.
Programme Structure
BSc in Financial Engineering will be completed in three years (90 Credits / SLQF Level 5) and it consists of three levels.
LEVEL I: Diploma in Financial Engineering (30 Credits)
LEVEL II: Advanced Diploma in Financial Engineering (60 Credits)
LEVEL III: BSc in Financial Engineering (90 Credits)
Course Fees
For Sri Lankan Students – LKR 200,000/- per year
For International Students – US $ 1000
For Sri Lankan coming from a foreign territory – 25% discount from USD 1000/- per year
Application Fee: LKR 3,000/-