NUS Financial Mathematics
Disclaimer: All of the reviews below are my personal opinions and hence do not represent the opinions of others nor reflect the actual difficulty of the modules. Difficulty and grading criteria also vary from semester to semester.
This was originally intend to serve as a guide to prospective undergraduate intending to read Financial Mathematics as a second major. However, Financial Mathematics will no long be offered from AY2014/2015 onwards, the reviews here will be targeted at freshman that are looking for reviews on mathematics, with a couple of statistic modules. The second major differ from Quantitative Finance major in that there's no FIN-coded modules from NUS Business School, and is thus offered uniquely by Department of Mathematics.
There are two types of modules offered by Department of Mathematics, MA-coded and QF-coded. As their prefixes suggest, MA-coded modules are mathematics modules, with strong emphasis on mathematical rigour, and proving is essential in these modules. QF-coded modules, on the other hand, are quantitative finance modules designed for Quantitative Finance majors. The modules are computational in nature, focusing on modeling and application of mathematics to finance with less mathematical rigour. Among the MA-coded modules, there are generally three types: algebra, analysis and computational. Algebra and analysis are generally proving modules, whereas computational often require specific numerical or algebraic solutions.
Below, I'll do a rather detail content description for each module below, I won't comment much about teaching methods because I have missed too many lectures, so I will focus more on content as well as my personal opinion on the modules. If you wish to also read my biased and opinionated semester reviews, click here. Any modules with inactivated links means that there are part of the plan but still unread.
Other than those listed below, I've also completed a few other modules in proofs and analysis: MA1100: Fundamental Concepts of Mathematics, MA3110: Mathematical Analysis II, MA3209 Mathematical Analysis III, and MA4266: Topology.
This was originally intend to serve as a guide to prospective undergraduate intending to read Financial Mathematics as a second major. However, Financial Mathematics will no long be offered from AY2014/2015 onwards, the reviews here will be targeted at freshman that are looking for reviews on mathematics, with a couple of statistic modules. The second major differ from Quantitative Finance major in that there's no FIN-coded modules from NUS Business School, and is thus offered uniquely by Department of Mathematics.
There are two types of modules offered by Department of Mathematics, MA-coded and QF-coded. As their prefixes suggest, MA-coded modules are mathematics modules, with strong emphasis on mathematical rigour, and proving is essential in these modules. QF-coded modules, on the other hand, are quantitative finance modules designed for Quantitative Finance majors. The modules are computational in nature, focusing on modeling and application of mathematics to finance with less mathematical rigour. Among the MA-coded modules, there are generally three types: algebra, analysis and computational. Algebra and analysis are generally proving modules, whereas computational often require specific numerical or algebraic solutions.
Below, I'll do a rather detail content description for each module below, I won't comment much about teaching methods because I have missed too many lectures, so I will focus more on content as well as my personal opinion on the modules. If you wish to also read my biased and opinionated semester reviews, click here. Any modules with inactivated links means that there are part of the plan but still unread.
Other than those listed below, I've also completed a few other modules in proofs and analysis: MA1100: Fundamental Concepts of Mathematics, MA3110: Mathematical Analysis II, MA3209 Mathematical Analysis III, and MA4266: Topology.
Core Modules
- IT1006: MATLAB Programming for Mathematics
- MA1101R: Linear Algebra I
- MA1102R: Calculus
- MA1104: Multivariable Calculus
- MA2213: Numerical Analysis I
- ST2131/MA2216: Probability
- MA3269: Mathematical Finance I
- QF3101: Investment Instruments: Theory and Computation
- ST3131: Regression Analysis
- MA4269: Mathematical Finance II