University of Colombo commences Financial Mathematics Degree

Saturday, 5 March 2011 00:16 -     - {{hitsCtrl.values.hits}}

The University of Colombo commenced the study course MSc Postgraduate Diploma in Financial Mathematics at the College House this week.

The objective of the Master of Financial Mathematics is to enhance the quantitative finance knowledge of the graduates to an international level in the sense of theory and practice.

The programme is intended to train students with financial skills required to operate in an increasingly competitive local and international environment.  It is noted that insufficient knowledge in mathematics has become a barrier to enter the international job market.

It is anticipated that graduates possessing this degree will serve the needs of the financial and insurance sectors and there could be employment opportunities as finance directors, treasurers, bankers, stockbrokers, financiers, credit managers, financial analysts, fund managers, actuarial analysts, etc.

Sri Lanka’s Central Bank Governor Ajith Nivard Cabraal said that the study course introduced by the Department of Mathematics, University of Colombo will play a pivotal role in the future in assisting to face up to the needs of the financial market in the country.

Sri Lanka’s Central Bank Governor Ajith Nivard Cabraal was the Chief Guest at the event and Prof. Kshanika Hirimuregama, Prof. T. R. Ariyarathne, Dr. J.K. Wijerathne and Dr. Nishantha Perera were also present amidst a large gathering.