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Bachelor of Science (B.Sc.)

Major in Applied Mathematics

Mathematics has proved to be an indispensable tool for understanding the world around us. It plays a fundamental role both in the realm of sciences and of commerce and finance. MUIC delivers applied mathematics major that combines the benefits of a well-rounded general education in science and humanities to produce high-caliber graduates capable of undertaking graduate studies, secondary school teaching and professions in IT, finance, banking, statistics, and actuarial science.

The program offers three tracks: applied mathematics, financial mathematics, and statistics. After the second year of study, students can choose to specialize in financial mathematics or statistics or remain in the applied mathematics track. The financial mathematics track offers courses such as Actuarial Mathematics I & II and Risk Management and Derivatives, and through these courses students can be prepared or even earn some credits towards SOA exams, a pathway to become a credentialed actuary or financial analyst.

Career Opportunities

  • Applied Mathematics
  • Research and development in commercial sector or in academia
  • Actuaries in insurance policy design
  • Firm consultants in decision-making position
  • Statisticians and planners in government or private sector
  • Cryptologists in national security department

Course Structure

Course Category Credits
Foundation Courses
General Education Courses
48 credits
– English Communication
16 credits
– Natural Sciences
 8 credits
– Humanities and Languages
12 credits
– Social Sciences
8 credits
– Physical Education
4 credits
Major Courses
126 credits
– Core Courses
30 credits
– Major Required Courses
68 credits
– Major Elective Courses
28 credits
Free Electives
 8 credits
Total Credits Required No Less Than 182 Credits Note: If students are placed into the ‘Advanced Track’ for their General Education requirement in English Communication, 4 credits of General Education in English Communication will be waived.

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