Financial Mathematics and Statistics

Graduate university study programme in mathematics (Master level)

After 7 years of carrying out this study programme at the Department of Mathematics, J.J. Strossmayer University of Osijek, we have found out that some corrections and amendments thereto are necessary. With respect to the Graduate university study programme in mathematics, field of specialisation: Financial Mathematics and Statistics (old name: Financial and Business Mathematics), we have introduced one new compulsory course and 4 new elective courses.

With respect to the Graduate university study programme in mathematics, field of specialisation: Mathematics and Computer Science, we have updated and split several existing compulsory courses and introduced 2 new ones that additionally support most important compulsory courses through a variety of applications and ICT related novelties. In addition, 15 new elective courses have been introduced. With respect to the Graduate university study programme in mathematics, field of specialisation: Industrial and Applied Mathematics, we have updated and split several existing compulsory courses and introduced 4 new elective courses. Additionally, within all fields of specialisation offered by this graduate university study programme, course content changes and literature updates have been made to other courses as appropriate.

It is important to note that these adjustments have not affected competencies students acquire upon completion of the study programme. Coverage by our own staff is very high (64%). All part-time associates come from the University of Osijek.

In the next few years, we plan to offer only two fields of specialisation of the

Graduate university study programme in mathematics, i.e.,Financial Mathematics and Statistics and Mathematics and Computer Science, since we have noticed both a lot of interest in these fields and a high rate of employment of graduates.

Graduate university study programme in mathematics with the fields of specialisation in Financial Mathematics and Statistics, Mathematics and Computer Science and Industrial and Applied Mathematics is largely based upon the existing graduate university study programme in mathematics. It was developed on the basis of our own awareness of the need for innovation and modernisation of teaching contents, but also on the basis of numerous contacts and discussions with colleagues from other Croatian and foreign universities established during the Mathematical Colloquium, as well as results obtained by student performance analysis and the feedback from our graduates.

**Name of the study programme:** Graduate university study programme in mathematics (Master level), fields of specialisation:

- Financial Mathematics and Statistics,
- Mathematics and Computer Science,
- Industrial and Applied Mathematics.

**Issuing institution and education provider:** Josip Juraj Strossmayer University of Osijek/Department of Mathematics

**Academic title acquired upon completion of study:** Master of Mathematics (MMath)

**Scheduled duration of study:** Two years (four semesters). The student shall acquire a minimum of 120 ECTS credits.

**Student status:** full-time students (61 full-time students)

**Admission requirements:** Applicants who completed their undergraduate university study programme in mathematics or any other related undergraduate university study programme may enrol in the Graduate university study programme in mathematics.

**End of study:** Graduate university study programme in mathematics is completed by passing all the exams, writing the thesis, which includes the study of the existing literature on a given topic and a systematic presentation of the paper, and passing the graduation exam.