Institute of Mathematics and Quantitative Methods
Department of Mathematics and Quantitative Methods FES provides teaching of mathematics and other subjects, based on statistical methods and methods of operations research.
In bachelor’s degree programs of the FES we teach mathematics in the Math I and the Math II courses, and statistical methods in the Probability and Statistics I and the Probability and Statistics II courses. In master’s degree programs we teach courses the Mathematical Methods in Economics and the Statistical Methods in Economics.
The Institute also provides courses in the bachelor’s degree program Financial Risk Management and in the master’s degree program Insurance Engineering ( under Systems Engineering and Informatics).
The bachelor degree study Financial Risk Management focuses on preparation of financial managers that must master a wide range of quantitative approaches for solving complex decision problems in the environment of banks, insurance companies and investment companies. The study area creates a proportionally balanced system of theoretical and methodological and application-oriented disciplines for managing risks at financial institutions. They include methods of economic and management disciplines, mathematics, probability theory, statistics, financial mathematics and stochastic processes with emphasis on their application in the quantitative financial management.