Analytical Finance
fiber_manual_recordEducation level CreditsFirst cycle 180 credits
access_timeTime3 years full time
location_onStudy locationVästerås
The Bachelor's Programme in Analytical Finance will prepare you for a career in the international world of finance. With an in-depth knowledge of mathematics, you will be able to conduct quantitative analyses of financial markets and manage financial portfolios for example. We will focus on your success and hone your knowledge to prepare you for a career in the financial sector.
Pick location
Pick semester
Credits
180 credits
Education level
First cycle
Study pace
full time
Study location
Västerås
Start
2025-09-01
Length
3 years
Teaching form
Normal teaching
Tutoring language
English
Application code
MDU-41890
Selection
Upper secondary (high school) grades, Swedish Scholastic Aptitude Test
Requirements
Basic eligibility and English 6, Mathematics 4 or Mathematics D
Kandidatexamen
For students outside EU/EEAPer installment prior to each semester: 60000 SEKAnnual tuition fee: 120000 SEKTotal programme fee: 360000 SEK
Apply autumn semester 2025, Västerås
The Programme
The programme's emphasis is on mathematics and applied mathematics, but you will also study economics and business administration to get a diversified education.
The combination of mathematical knowledge, financial know-how and calculation methods will provide you with great conditions for a successful career in the financial sector. You will not only solve financial problems but will also master advanced mathematical tools and work with modern financial software and the programming languages used in the industry.
Our teachers are not only experts in their fields, but they are also practitioners in the financial sector or prominent researchers at the University. This means that you will stay up to date with the forefront of financial research while you will build valuable networks within the industry at the same time.
You can choose to get a degree in one of two main fields of study: either Mathematics/Applied Mathematics with a specialisation in Financial Engineering or alternatively Economics. You will make this choice ahead of your third year of study. It's your future and you decide the path you wish to take.
Analytical Finance has an international orientation and is taught in English. This attracts both Swedish and international students, creating a dynamic and global learning environment. Here you will take the first step towards becoming a prominent expert in financial mathematics.
Employment and Future Prospects
There is a high demand for mathematicians with expertise in finance and economics. After graduating, you will be in demand for various exciting careers. For instance, you can work for leading players in the banking world, investment companies, or the insurance industry. Or you can work at a financial institution or public authority such as Finansinspektionen (FI) (the Swedish Financial Supervisory Authority).
Former students hold successful careers such as risk analysts, stock market analysts, investment data analysts, and portfolio managers. With a Bachelor in mathematics/applied mathematics degree, specialising in financial engineering, you can also join companies that work with information technology and other engineering areas.
After completing the programme, you can enhance your knowledge by studying our two-year Master's Programme in Financial Engineering or the Master's Programme in Engineering Mathematics, either here at MDU or at another global university. You will shape your future and we are here to help you take the next step towards a brilliant career.
Application and admission
Read more about how and when to apply for the programme.
Programme structure and content
Here you can see how the program’s content is divided into different subjects and which courses you will take each year of the program. If you study full-time, you will take 30 credits (hp) per semester. Some courses within a program may be mandatory, while others may be elective.
This is a preliminary content of the program. Courses and subjects may be subject to change.
Courses within the programme
Courses within year 1
Mathematics/Applied Mathematics:
- Mathematics for Economics and Business, 7.5 credits
- Vector Algebra, 7.5 credits
- Single Variable Calculus, 7.5 credits
- Introduction to Financial Mathematics*, 7.5 credits
Business Administration:
- Financial Accounting, 7.5 credits
- Management Accounting, 7.5 credits
Economics:
- Basic Microeconomics, 7.5 credits
- Applied Microeconomics, 7.5 credits
* The course contributes to fulfill the degree requirements of at least 30 credits within the main field of study Mathematics/Applied Mathematics with Specialization in Financial Engineering for students who wish to apply for a Bachelor of Science in Mathematics/Applied Mathematics with Specialization in Financial Engineering.
Courses within year 2
Mathematics/Applied Mathematics:
- Calculus of Several Variables, 7.5 credits
- Probability, 7.5 credits
- Numerical Methods with MATLAB, 7.5 credits
- Methods of Statistical Inference*, 7.5 credits
Computer Science:
- Programming, 7.5 credits
English:
- Academic English for Degree Projects, 7.5 credits
Economics:
- Macroeconomic Principles, 7.5 credits
- International Trade Theory, 7.5 credits
* The course contributes to fulfill the degree requirements of at least 30 credits within the main field of study Mathematics/Applied Mathematics with Specialization in Financial Engineering for students who wish to apply for a Bachelor of Science in Mathematics/Applied Mathematics with Specialization in Financial Engineering.
Courses within year 3
Elective 60 credits:
Alternative 1 - Mathematics/Applied Mathematics, specialization Financial Engineering
- Mathematics/Applied Mathematics:
- Introduction to Stochastic Processes*, 7.5 credits
- Introduction to research areas in mathematics/applied mathematics, 7.5 credits
- Operations Research*, 7.5 credits
- Portfolio Theory I*, 7.5 credits
- Simulation*, 7.5 credits
- Degree Project in Mathematics*, 15 credits
Alternative 2 - Economics
Economics:
- Macroeconomic Theory, 7.5 credits
- Globalization and International Trade, 7.5 credits
- Bachelor's Essay in Economics, 15 credits
- Elective 7.5 credits within alternative 2:
- Mathematics/Applied Mathematics:
- Analytical Finance with MATLAB*, 7.5 credits
- Applied Matrix Analysis, 7.5 credits
Elective 7.5 credits within alternative 2:
- Mathematics/Applied Mathematics:
- Analytical Finance with MATLAB*, 7.5 credits
- Applied Matrix Analysis, 7.5 credits
Elective 30 credits within alternative 2:
Economics:
- Finance, 7.5 credits
- Intermediate Microeconomics, 7.5 credits
- Econometrics, 7.5 credits
- Labour Economics, 7.5 credits
Mathematics/Applied Mathematics:
- Portfolio Theory I, 7.5 credits
* The course contributes to fulfill the degree requirements of at least 30 credits within the main field of study Mathematics/Applied Mathematics with Specialization in Financial Engineering for students who wish to apply for a Bachelor of Science in Mathematics/Applied Mathematics with Specialization in Financial Engineering.
Contact us
Can answer questions about prior knowledge, entry requirements and the application procedure.
phonePhone number +4621107050 mailE-mail address malin.lundin@mdu.seCan answer questions about the set-up and content of the programme.
mailE-mail address milica.rancic@mdu.se