Home » Program Objective – Outcome – Structure

Program Objective – Outcome – Structure

Program objectives (POs):

Graduates from the Applied Mathematics (FERM) program will be expected to:

  • (PO1) Apply effectively their knowledge and skills as financial engineers within the industry as well as the state agencies dealing with the analysis and design of modern financial products and processes
  • (PO2) Work and communicate effectively with others on multi-disciplinary teams to develop practical, technically-sound, cost-effective solutions to complex financial problems
  • (PO3) Maintain an active program of lifelong learning, self-updating, and continuing education while practicing financial engineering in an ethical and professionally responsible manner
  • (PO4) Understand professional, ethical, legal, security, and social issues and responsibilities. Seek leadership roles as practitioners and become active members within professional and technical societies.


Program Outcome

Upon graduation, our students should be able to:

(a) Apply their mathematics, computing and finance knowledge appropriately into their discipline:

+) Build a mathematical model using stochastic analysis and differential equations.

+) Code computer program to simulate solution

+) Apply financial knowledge to interpret solution

(b) Identify, analyze and solve financial and risk management problems, specify and define the computing and engineering requirements

(c) Conduct experiments on constructed solutions, as well as analyze and interpret data and results

(d) Design, implement, and evaluate a financial product or risk management strategy to meet desired needs and constraints, such as economic, environmental, social, political, ethical, health and safety, manufacturability, and sustainability

(e) Function effectively on multidisciplinary teams to accomplish a common goal

(f) Understand professional, ethical, legal, security and social issues and responsibilities

(g) Communicate effectively with a broad range of audiences

(h) Recognize the need and continue their professional development and lifelong learning

(i) Update their knowledge of contemporary issues

(j) Obtain a broad education necessary to understand the impact of engineering solutions in a global, economic, environmental, and societal context


Program Specification

Program specification