What is Financial Modelling?
Over the past two decades, new quantitative techniques have transformed the investor decision-making process and the financial industry. Today, banks, insurance companies, securities, and investment firms turn to technical innovation to gain the competitive advantage. Sophisticated mathematical models are used to support investment decisions, to develop and price new securities, or to manage risk.
Financial institutions, in addition to energy companies, utilities, and corporations with exposure to exchange rate or commodities risk, are hiring quantitatively sophisticated employees.
Where do financial mathematicians work?
- Analyst in Currencies and Commodities
- Risk Management
- Brokerage Firms
- Universities - Research/Teaching
- Pension Fund Management Companies
- Insurance Firm
What should I study in secondary school?
- Grade 12U Advanced Functions (MHF4U)
- Grade Calculus and Vectors (MCV4U)
What should I take in my first year at university?
- Calculus 1000A/B and Calculus 1501A/B or Applied Math 1413, Statistics 1023A/B, and Linear Algebra 1600A/B should be included in your 5.0 first year courses. We also recommend that you take Computer Science 1026A/B in first year.
Why choose Western?
- For the sixth year, UWO ranked number one for student satisfaction among large Canadian universities
- Internship program: you’ll not only benefit from the paid hands-on work experience, but you will also be mentored by a professional in the field
- Dynamic undergraduate student association
- High faculty to student ratio
- Undergraduate opportunities for summer funded research
- State of the art computing facilities with the most current statistical software
- Drop-in Help Centre open Monday to Friday, 8:30 - 4:30 providing one-on-one assistance