Degree program objective:
This one year program (40 Swedish credits, 60 ECTS credits) in Financial Mathematics will prepare for work with modern models of the financial world. The latest developments in financial science lead to very sophisticated models based on stochastic differential equations, non-linear partial differential equations and other mathematical tools. The models are treated with analytical and numerical methods. The master's program will give the necessary mathematical as well as financial background to solve most urgent problems.

The main courses within this program are:

Stochastic Models, mainly directed towards concepts, notions and results of discrete and ontinuous stochastic models in finance mathematics.

Geometrical properties of differential equations, provides the geometrical background for the concept of a differential equation, for the Lie group analysis as a very powerful and elegant method to solve and to interpret the equations.

Foundations of financial markets, gives an introduction to the main ideas behind the stocks  market, options and other derivative products, different portfolio theories, hedging methods and arbitrage possibilities.

Numerical methods in Finance, focuses on the most modern tools in numerical mathematics in application to financial models.

Differential equations in Financial Mathematics, dealing with the Black- Scholes model and its variations which is at present actively used in bank systems.

Theory of pricing in Stochastic financial models, which provides knowledge of advanced models on financial markets.

Application of Lie algebras, for solving differential equations directed on the theory of Lie   algebras and to its applications to differential equations.

Note: Many guests lectures are also including from many professors comes from France, Russia, within from Sweden

Eligibility:
Bachelor of Science degree (or equivalent) based on computational methods that are useful in Financial mathematics. This can for example be degrees in Mathematics, Engineering, Physics or Economy.
Courses in mathematics of at least 60 credits.

Degrees from other countries than Sweden must be at the same level as a Swedish Bachelor's degree in computer or electrical engineering. Applicants must also have written and verbal command of the English language. This can be proved by grades from English education or by such tests as TOEFL (550/213) or IELTS 5.5, Halmstad University TOEFL code is 7970 (TOEFL - Test Of English as a Foreign Language).

For further information, please visit on the following site:
http://utbildning.hh.se/utb_program_en.asp?PtKod=NAFIM08h1

For the following master’s program, the eligibility criteria are same as mentioned below:

Eligibility:
Bachelor of Science degree (or equivalent) in an engineering subject or in computer science. Courses in computer science, computer engineering or electrical engineering of at least 90 hp, including thesis.

Courses in mathematics of at least 30 hp or including calculus, linear algebra and transform methods.

Applicants must also have written and verbal command of the English language. This can be proved by grades from English education or by such tests as TOEFL (550/213) or IELTS 5.5, Halmstad University TOEFL code is 7970. (TOEFL - Test Of English as a Foreign