In addition to at least 30 credit units of course work, seminar, and research methods and ethic units, students must prepare and successfully defend a term project. Expected duration to complete the MSc without Thesis Program is 3 semesters. Recommended curriculum is as follows:

Semester I Semester II
  • IAM521 Financial Management
  • IAM541 Probability Theory
  • Elective Course
  • Elective Course
  • IAM520 Financial Derivatives
  • IAM522 Stochastic Calculus for Finance
  • IAM524 Financial Economics
  • IAM698 Research Methods and Ethics
  • Elective Course
Semester III
  • IAM589 Term Project
  • IAM590 Graduate Seminar (0-Credit)
  • Elective Course
  • Elective Course

    (*) 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 - 11:26