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For practical use of financial science, mathematical models are required, the use of which will allow not only to deal with the state of the economy, but also to say with sufficient precision what will happen with finances over time, what are the consequences, what is the socio-economic price of the decisions made. But today, managers are forced to make decisions, guided by experience and intuition, without resorting to a computer. The computer allows you to make available information, for which it used to take a long time, but the computer does not allow to form and evaluate the decisions made. Financial and mathematical modeling is intended to correct this situation.And the first task that naturally arises in the process of mathematical modeling is an adequate formulation of the problem. In the framework of any activity a person is forced to make decisions that are not always infallible. The cost of the error depends on the scale of the decisions made. The consequences of mistakes when making decisions in the economic sphere are so great that in order to avoid them, economic-mathematical modeling is used. Economic-mathematical modeling is a tool for the manager and has the goal of making informed decisions and assessing their consequences. Financial forecasting, like planning, is a type of management activity. The purpose of forecasting is to ascertain ideas about the future in accordance with the proposed activity of the company as a whole or to assess the consequences of the decisions made. The financial forecast relies on information about the state of the object and the external environment and their intended change, taking into account the emergence of new factors and patterns, as well as the associated consequences. Modeling is, first of all, a way to solve problems that arise in difficult cases and accompany all the activities of a manager at any level.
Our approach involves both covering the basic skills of the specialty MCM, and through the possibilities of the subjects of choice to cover the necessary elements of training in the area of ""Financial Mathematics"".
At the same time, the student is left with the possibility of taking, at his discretion, additional subjects as free electives - these may be subjects from any specialty.
Meetings conducted by the IITU marketing service and analysis of surveys conducted among graduates of the NIS, physical and mathematical schools showed that about 10 percent of graduates seriously think about the professions related to computer modeling of complex economic problems.
Programme overview
Main Subject
Finance
Degree
Other
Study Level
Undergraduate
Study Mode
On Campus
For practical use of financial science, mathematical models are required, the use of which will allow not only to deal with the state of the economy, but also to say with sufficient precision what will happen with finances over time, what are the consequences, what is the socio-economic price of the decisions made. But today, managers are forced to make decisions, guided by experience and intuition, without resorting to a computer. The computer allows you to make available information, for which it used to take a long time, but the computer does not allow to form and evaluate the decisions made. Financial and mathematical modeling is intended to correct this situation.And the first task that naturally arises in the process of mathematical modeling is an adequate formulation of the problem. In the framework of any activity a person is forced to make decisions that are not always infallible. The cost of the error depends on the scale of the decisions made. The consequences of mistakes when making decisions in the economic sphere are so great that in order to avoid them, economic-mathematical modeling is used. Economic-mathematical modeling is a tool for the manager and has the goal of making informed decisions and assessing their consequences. Financial forecasting, like planning, is a type of management activity. The purpose of forecasting is to ascertain ideas about the future in accordance with the proposed activity of the company as a whole or to assess the consequences of the decisions made. The financial forecast relies on information about the state of the object and the external environment and their intended change, taking into account the emergence of new factors and patterns, as well as the associated consequences. Modeling is, first of all, a way to solve problems that arise in difficult cases and accompany all the activities of a manager at any level.
Our approach involves both covering the basic skills of the specialty MCM, and through the possibilities of the subjects of choice to cover the necessary elements of training in the area of ""Financial Mathematics"".
At the same time, the student is left with the possibility of taking, at his discretion, additional subjects as free electives - these may be subjects from any specialty.
Meetings conducted by the IITU marketing service and analysis of surveys conducted among graduates of the NIS, physical and mathematical schools showed that about 10 percent of graduates seriously think about the professions related to computer modeling of complex economic problems.
Admission Requirements
24+
5+
87+
Jun
Scholarships
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Financial Mathematics
International Information Technology University, Almaty, Kazakhstan
48 monthsProgramme duration
FinanceMain Subject Area
Programme overview
Main Subject
Finance
Degree
Other
Study Level
Undergraduate
Study Mode
On Campus
Programme overview
Main Subject
Finance
Degree
Other
Study Level
Undergraduate
Study Mode
On Campus
Admission Requirements
Scholarships
Selecting the right scholarship can be a daunting process. With countless options available, students often find themselves overwhelmed and confused. The decision can be especially stressful for those facing financial constraints or pursuing specific academic or career goals.
To help students navigate this challenging process, we recommend the following articles:
How to get a full scholarship
Looking for a fully-funded scholarship to see you into university? Find out how to boost your chances of getting one.
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Find scholarships to study abroad with our lists of international scholarships – categorized by country, by subject, and by type of student.
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