Which subject does financial mathematics belong to?
The major of financial mathematics belongs to economics. The national undergraduate majors are divided into 12 categories: philosophy, economics, law, education, literature, history, science, engineering, agriculture, medicine, management and art.
Financial mathematics, also known as mathematical finance, mathematical finance and analytical finance, uses mathematical tools to study finance, carries out quantitative analysis such as mathematical modeling, theoretical analysis and numerical calculation, so as to discover the internal laws of finance and guide practice. Financial mathematics can also be understood as the application of modern mathematics and computing technology in the financial field. Therefore, financial mathematics is a new interdisciplinary subject, which develops rapidly and is one of the most active frontier disciplines at present.
Employment prospect of financial mathematics major
The major of financial mathematics aims to provide professionals with quantitative financial analysis ability for the financial industry, and it focuses on the application of applied mathematics and statistics in the financial system.
This major has been in Liverpool University for many years, which proves that graduates are widely accepted by banks, insurance companies and other financial institutions. It will provide much-needed financial talents for the rapid development of China and even the world financial industry.