In addition to at least 21 credit units of course work, seminar, and research methods and ethic units, the MSc degree candidate must prepare and successfully defend a MSc thesis. Expected duration to complete the MSc with Thesis Program is 4 semesters; the maximum duration is 6 semesters. However, students should complete course work including non-credit courses in 4 semesters. Advisor appointment has to be made at the 2nd semester. Recommended curriculum is as follows:

Semester I Semester II
  • Elective Course (IAM 541)
  • Elective Course (IAM 521)
  • Elective Course
  • IAM500 MSc Thesis (Advisor Appointment)
  • IAM520 Financial Derivatives
  • IAM522 Stochastic Calculus for Finance (*)
  • IAM524 Financial Economics
Semester III Semester IV
  • IAM500 MSc Thesis
  • IAM590 Graduate Seminar (0-Credit)
  • Elective Course
  • IAM500 MSc Thesis
  • IAM698 Research Methods and Ethics

(*) IAM 541 Probability Theory is prerequisite course for IAM 522 (by January 2023).

Please, visit the webpage for recommended elective courses.


For students who are required to take Scientific Preparation program (SP), the required courses are as follows: 

Scientific Preparation

  • IAM530 Elements of Probability and Statistics
  • IAM527 Advanced Calculus and Integration (or MATH250)
  • IAM591 Programming Techniques in Applied Mathematics I
  • IAM592 Programming Techniques in Applied Mathematics II

  • To pass scientific preparation programme successfully students should get at least CB grade in all SP courses. To see more details of the rules and regulations follow this link.   
  • These courses may partially be kept compulsory based on undergraduate background.

Last Updated:
03/10/2024 - 11:18