Finance, Banking and Insurance

Finance, Banking and Insurance is a specialty that emphasizes the strategic use of data analytics in financial services and risk management. You will gain expertise in financial modelling, investment portfolio analysis and survival analysis, preparing you to assess and manage financial risk in banking and insurance contexts. Specializing in this field positions graduates for impactful, data-driven roles in financial institutions and related sectors.

Courses

Students will augment the core courses with their choice of three of the following Finance, Banking and Insurance Specialty courses:*

  • Advanced Financial Modelling - FM9521
  • Banking Analytics - FM9528
  • Financial Risk Management - FM9587
  • Introduction to Financial Markets and Quantitative Finance with Excel - FM9522
  • Monte Carlo Methods and Financial Applications - FM9593
  • Short Term Actuarial Math - AS9424
  • Stochastic Processes - FM9590
  • Survival Analysis - AS9004A
  • The Mathematics of Financial Options - FM9578

*The program will endeavour to offer a wide variety of specialty field courses; however, not all specialty field courses may be offered in a given year.

Career Opportunities

Graduates from the MDA program with a speciality in Banking, Finance and Insurance will be well-positioned for careers such as:

  • Financial Analyst (Data Analytics)
  • Risk Analyst
  • Actuarial Analyst
  • Fraud Analyst
  • Investment Analyst
  • Credit Analyst
  • Data Scientist

Admission Requirements

The Finance, Banking and Insurance speciality does not have any additional admission requirements beyond the program admission requirements.