The Master's program is designed for candidates who did not graduate from the Faculty of Mathematics and Informatics or the Faculty of Physics of SU "St. Kliment Ohridski", economic or related fields as well as for candidates with an acquired Bachelor degree after a three-year period of study in the field of Mathematical and Economic Sciences.
The master's program in mathematical modeling in economics envisages the mastery of a variety of mathematical and informatic tools, providing theoretical and practical knowledge applicable to economic sciences or directly to practical work (finance, insurance, company management, etc.).
The master's program includes courses in the main areas of Mathematics (Optimization Problems, Probabilistic and Statistical Methods, Numerical Methods, Dynamic Problems), allowing to model, investigate and optimize specific phenomena and processes in the economy. The practical applicability is based on in-depth knowledge of Macroeconomics, Financial Instruments and Markets, Insurance, Sstatistical Data Processing, etc., combined with skills to apply modern Information Technologies.
The teaching in the program, even in the traditional economics disciplines, is distinguished by a high degree of use of mathematical tools at a level comparable to that of the usual university economics programs designed to obtain the educational degree of Ph.D.
Graduates of the program can work as quantitative Analysis Specialists in the Financial Industry, Risk Analysts in banks and actuaries. The scientific preparation gives the opportunity to continue the education in doctoral programs.