Minors

Minor in Computer Science

Computational thinking is an essential skill in all engineering and scientific disciplines. The Minor in Computer Science will give the students a strong background in the fundamentals of Computer Science, programming, Theoretical Foundation of Computer Science, and Data Structures. In addition, students will complete three courses in the advanced areas of their choice: computer Networks, Wireless Networks & Mobile Com, Information Security, Internetwork Programming, Parallel & Distributed Computing, IT Problem solving methodology, Mobile Application Development, Database Systems, Data Visualization, Data Mining.

Upon completion of the minor, students will have knowledge and skills needed to make effective use of computer science concepts and computing technology in their future career.

Minor in Mathematics

A minor in mathematics gives students outside the discipline the opportunity to develop quantitative knowledge and skills necessary to apply mathematics to business problems, to analyze and interpret data resulting from research and to broaden their education in order to understand the impact certain solutions have in a global, economic, environmental and societal context.

Students that have a minor in mathematics and a major in a field such as finance can prepare for careers in actuary science and other quantitative professions. A minor in mathematics can also allow a student to gain the quantitative skills necessary to pursue graduate studies in a variety of fields.

Minor in Actuarial Science

The Actuarial Science minor seeks to give students the basic principles and a strong analytical foundation with which to solve the problems encountered in the management of risk. To be a successful actuary, students must acquire a combination of analytical skills developed in mathematics, economics and finance.

This minor aims to:

  • Students will master the principles of the quantitative and analytical skills required to obtain an entry level position in the actuarial science
  • Students will be able to conduct quantitative research using appropriate statistical methodology.

Intended Learning Outcomes of Minor

Upon successful completion of this minor, students should be able to:

  • To apply and use the fundamentals tools of calculus and the principles of mathematical proofs to solve applied and theoretical mathematical
  • to demonstrate understanding of concepts of financial mathematics and how these concepts are applied in the calculation of present and accumulated values of cash
  • To apply computational skills used in probability theory as well as the use of discrete and continuous probability distributions to model various applications in risk management, engineering, finance and insurance.

 

Minor in Financial Engineering

In the early 1970s, Fisher Black and Myron Scholes made a major breakthrough by deriving a differential equation that must be satisfied by the price of any derivative dependent on a non- dividend paying stock. Sin them, Mathematicians are routinely used in investment banking to compute a fair price for financial instruments.

This minor aims to:

  • Provide students with knowledge of the basic tools of financial engineering and their applications in the financial market settings;
  • Develop students’ understanding on the use of derivative instruments in portfolio management and corporate hedging;
  • Enable students to have a basic perspective of the roles of financial engineering in the context of overall corporate

Intended Learning Outcomes of Minor:

Upon successful completion of this minor, students should be able to:

  • Combine quantitative and qualitative methods to price financial instruments such as stocks and bonds;
  • Have fundamental understanding of the basic derivatives products in the financial marketplace.