Uganda Martyrs University-Bachelor of Science (Financial Mathematics) The programme name is Bachelor of Science (Financial Mathematics), BSc (FM). Rationale of the Programme The Bachelor of Science degree in Financial Mathematics is designed in recognition of the fact that there is a public need for graduates in such organisations and institutions as commerce, finance, banking, insurance, and investment which traditional mathematics graduates are not well prepared to meet. This study program aims at producing quantitative / mathematical finance specialists forsuch institutions. The programme was re-accredited by the NCHE in 2011. In the 21st century, institutions aim to be increasingly demand led, responsive to cultural and economic change, and capable of providing opportunities for learners to acquire both knowledge and skills for employability and lifelong learning accordingly. For any curriculum to remain relevant, it must be regularly reviewed to reflect prevailing changes. In Financial Mathematics, there are quite rapid technological improvements that require frequent updates by institutions offering such programmes to maintain its relevance to society, hence this review. Duration of the Programme The duration of the programme is three academic years consisting of six semesters on a full time basis. Each Academic Year has two semesters and each semester lasts seventeen (17) weeks, two (2) of which are for examinations. Programme Objectives The objectives of this programme are to: i) Develop professionals with theoretical and practical skills in the Financial Mathematics sector. ii) Train and address the increasing demand for Financial Mathematics specialists. 31 iii) Strengthen the human resource capability in Financial Mathematics and Investment Science discipline in the private and public institutions. iv) Forge a strategic alliance between industry and university in order to bridge the gap between theory and practice in relation to mathematical/quantitative finance. v) Introduce the students to research in Financial Mathematics and Quantitative Finance related fields. Programme Learning Outcomes By the end of this programme, students should be able to: i) Translate theoretical principles learned into practical solutions in the field of Financial Mathematics or Quantitative Finance at the work place. ii) Critically analyze/appraise an investment plan before making an investment decision, based on the financial implications for the investment. iii) Acquire both knowledge and skills for employability in the field of Financial Mathematics both in public and private sectors. iv) Develop morally upright products with a high level of integrity in their daily lives. v) Transfer the knowledge attained in their study area into the day-to-day ethical issues they face at their work places.
