Univerza na Primorskem Fakulteta za matematiko, naravoslovje in informacijske tehnologije
Presentation of the study
The academic study programme Mathematics in Economics and Finance is conducted in Slovenian language.
The study programme in financial mathematics provides comprehensive education in mathematics, computer science, and economics, with a strong emphasis on their application in the financial environment. It enables students to develop analytical and mathematical thinking, skills in mathematical modelling, data processing, and the use of modern technological tools. The knowledge acquired is directly applicable to solving complex problems in banking, insurance, financial markets, and the management of pension and healthcare funds. The programme promotes precise mathematical expression, logical reasoning, and the integration of different areas of mathematics with economics.
Students develop the ability to analyse data, apply algebraic, numerical, and graphical methods, and effectively use modern information technology. The programme prepares students for independent professional work in the economy, public administration, and research environments, while also providing a strong theoretical foundation for successful continuation of studies at the second cycle and for adapting to the challenges of contemporary financial and societal development in both national and international contexts.
Programme information
Name of the programme: Mathematics in Economics and Finance
Type of programme: academic study programme, 1st cycle
Degree awarded: “diplomirani finančni matematik (UN)” equiv. to B.Sc. in Finance Mathematics
Duration: 3 years (6 semesters)
ECTS-credits 180
Mode of study: full-time
Language of study: Slovene
Place of study: Koper
Accreditation: The programme is accredited in accordance with the Higher Education Act and is officially recognized.
Admission to the first year of study shall be granted to applicants having:
a) passed the general matura examination (splošna matura); or
b) passed the vocational matura examination (poklicna matura) in a 4-year secondary-school programme and a final examination in the general matura subject Mathematics; if the candidate has already passed Mathematics as part of the vocational matura, they must instead pass an examination in any other general matura subject; the selected subject must not be one of the subjects already completed within the vocational matura;
c) successfully completed any four-year secondary-school programme before 1 June 1995.
In the case of enrolment limitations, applicants shall be selected in accordance with the following criteria:
a) Candidates with a general matura or a final examination will be selected based on:
- overall matura results (40%);
- overall results in the 3rd and 4th year of secondary school (20%);
- results in the subject Mathematics in the 3rd and 4th year of secondary school (40%).
b) Candidates with a vocational matura will be selected based on:
- overall vocational matura results (20%);
- overall results in the 3rd and 4th year of secondary school (20%);
- results in the additional matura subject examination (20%);
- results in the subject Mathematics in the 3rd and 4th year of secondary school (40%).
“Transfer between study programmes” refers to a situation in which a student enrolled in a particular study programme does not complete it (i.e. discontinues education in the enrolled programme) and directly enrols into a higher year of a new study programme, whereby both the previous and the new programme must belong to the same Bologna cycle (level). When considering the possibility of transferring to a new study programme, the comparability of the programmes and the student’s completed study requirements in the previous programme are taken into account.
A candidate may enrol in a higher year of the academic study programme in Mathematics in Economics and Finance in accordance with the transfer criteria if they are transferring from a related first-cycle study programme or a related non-Bologna undergraduate study programme (programmes adopted before 11 June 2004), provided that the following conditions are met:
- the candidate fulfils the requirements for admission to the study programme in Mathematics in Economics and Finance;
- the completion of the initial study programme which the candidate is transferring from ensures the acquisition of comparable competencies as those envisaged by the study programme in Mathematics in Economics and Finance;
- other conditions have also been met, in accordance with the Criteria for Transferring between Study Programmes (a comparable course structure, course requirements complete.
Individual applications for transfer shall be considered by the Committee for Study and Student Affairs of UP FAMNIT. Apart from comparability between both fields of study, the committee shall also consider the comparability between the study programmes, in accordance with the Criteria for Transferring between Study Programmes.
Enrolment on the basis of the Criteria for Transferring between Study Programmes is also open to candidates of a related study programme abroad who have been, in the process of recognition of their studies abroad, legally granted the right to continue their educational training in the study programme in Mathematics in Economics and Finance.
In case of enrolment restrictions, applicants shall be selected on the basis of the average grade obtained during the study programme they are transferring from.
A student may progress to the next year if they accumulate at least 42 ECTS credits from the current year and complete all requirements from the previous year.
In special cases involving individual circumstances (such as illness or extraordinary situations), a student may be allowed to progress to the next year even with a lower number of ECTS credits. In such cases, the decision on enrollment is made by the Committee for Study and Student Affairs of UP FAMNIT.
A student who has not completed all the requirements specified by the study programme for progression to the next year may, in accordance with the provisions of the Higher Education Act, repeat a year once during their studies. If a student repeats a year, they are not entitled to extended student status (absolvent year), and their student status expires at the end of the 3rd year.
By progressing or repeating a year, a student retains student status and, consequently, the rights and benefits defined by law. In accordance with the law, a student may apply for an extension of student status, but for no more than one year.
In the 2nd and 3rd years of study, students select a total of four elective courses, including one internal elective and three external electives.
Internal elective courses are chosen within the study programme. External elective courses may be selected from accredited study programmes in Slovenia or abroad. Within external electives, students may choose courses from study programmes in mathematics, financial mathematics, and computer science and informatics; depending on their interests, they may also select courses from other fields of study. External electives may also be chosen from the list of internal elective courses.
More information on elective courses and study tracks is available in the document “Curriculum” (see above).
General competencies
- The ability to analyse, synthesise and predict solutions and consequences of factors related to the discipline of mathematics, and to calculate financial expenses.
- Critical assessment of developments in the field of mathematics and the ability to use mathematics in finance.
- Development of communication skills.
- Skills of co-operation, team work and project work.
- The ability to independently seek knowledge and to integrate it with existing knowledge.
- The ability to seek and interpret new information and to place it within the context of the discipline of mathematics.
- Autonomy in professional work.
Subject-specific competencies
- The ability to describe a given situation with the correct use of mathematical symbols and notations.
- The ability to explain their own understanding of mathematical concepts and principles.
- The ability to solve mathematical and other problems using modern technology.
- The ability to use the algorithmic approach – to solve a given problem by developing an algorithm.
- The ability to perform a numerical, graphical and algebraic analysis of a given problem.
- The ability to deduce new logical conclusions from the information given.
- The ability to tackle a given mathematical problem in economics and finance with confidence and find its solution.
- The ability of approximate problem-solving through the use of numerical methods.
There are numerous employment opportunities. Graduates will be able to find employment in banks and insurance companies, stock exchanges and brokerage firms, pension and healthcare funds, public administration and agencies, the logistics sector, and other fields requiring a solid understanding of economics and finance as well as strong analytical skills, such as strategic and logistics departments of larger companies.
Graduates will also have opportunities in the industrial sector, for example in bioinformatics and other biotechnology fields, as well as in mechanical engineering, provided they acquire relevant additional knowledge and skills through elective courses. The study programme will supply the local economy with highly qualified professionals for sectors such as transport (e.g. Luka, Intereuropa), banking, insurance, gambling, and IT companies, while also contributing to the development of experts in modern economics with strong foundations in mathematical modelling.
Graduates will be qualified to continue their studies at the postgraduate level in the fields of financial mathematics and economics.