In 2012 the Chinese Ministry of Education approved financial mathematics as a major in the field of economics. At present, more than 60 universities have been granted the right confer degrees in financial mathematics. Students enroll in schools or departments of mathematics and can obtain a Bachelor’s degree in Economics.
The objective for undergraduates majoring in financial mathematics is to cultivate high-level, applied and interdisciplinary financial talents who possess good professional ethics, solid theoretical basis of financial mathematics, superior abilities in data processing and computer programming, high level of foreign languages as well as innovative and entrepreneurial spirit, and are able to engage in financial data processing, model analysis, quantitative investment and risk management in all kinds of financial institutions, and to lay a theoretical foundation for them to pursue postgraduate studies.
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