• Three Years B.Sc. (Hons.) in Mathematics and Coumputing
• wo Years M.A. / M.Sc. in Computational Finance

These courses are duly approved by the Government of Odisha and have obtained affiliation of the Utkal University.

• B.Sc. (Hons.) in Mathematics and Computing :

  The Institute of Mathematics has launched a three year (six semesters) course B.Sc. (Hons) in mathematics and computing. Students finishing B.Sc. (Hons.) in Mathematics and Computing from our Institute have joined in Master Degree Course and Integrated Ph.D. Programmes in IITs, IMSC, ISI, CMI, IISC, TIFR, IISERS, NITS, Central and State Universities.
  
  Course Structure

  First Year
  Semester I	Semester II
  Analysis I Algebra -I (Linear algebra) C.S.- I (Introduction to computers and programming in C + Lab) Probability - 1 Discrete Mathematics Communication English (Non credit)	Analysis II Algebra -II Differential Equations - I Probability II CS-II (Data structure and algorithms + Lab)
  Second Year
  Semester III	Semester IV
  Semester III Analysis III Algebra III CS III (Computer Organisation and Operating System) Mechanics Statistics I Cultural history of India (non credit)	Differential Equation II (PDE) Statistics II Geometry I (Geometry of curves and Surfaces) CS IV (Database Management System) Elective I
  Third Year
  Semester V	Semester VI
  Complex Analysis Numerical Analysis + Lab Algebra IV CS - V (Theory of Computation) Elective II	Analysis IV Geometry II (Algebraic geometry) Optimization Theory + Lab Number Theory CS VI (Computer Networks )
  List of Electives
  Electrodynamics Thermodynamics and Statistical Physics Quantum Mechnics Relativity and Gravitation Astronomy Artificial Intelligence Computer Graphics Mathematical Logic Coding Theory	Cryptography Bio-Informatics Advanced Statistics Mathematical Finance Algebric Graph Theory Functional Analysis Topology Algebraic Geometry Lie Algebras and Group Representations

• M.A. / M.Sc. in Computational Finance

  The programme shall be of two years duration and shall consist of six terms each having at least sixty teaching days.
  
  Course Structure

  First Year
  Term 1
  Course No.	Course Title
  111	Introduction to probability
  112	Mathematical Foundation
  113	Foundation of Finance
  114	Programming in C++
  Term 2
  Course No.	Course Title
  121	Stochastic Process and Inference
  122	Numerical Analysis
  123	Financial Derivatives
  124	Corporate Finance
  125	Object Oriented Programming in C ++
  126	Financial Modeling using excel
  Term 3
  Course No.	Course Title
  131	Numerical Solution of Differential Equations.
  132	Computational modeling of Financial derivatives
  133	Financial risk Management and measurement
  134	Stochastic Processes in Finance
  135	Financial accounting and Regulation
  Summer Training of at least Four Weeks duration.
  Second Year
  Term 4
  Course No.	Course Title
  211	Fixed Income security models
  212	Credit derivative pricing model
  213	Elective 1
  214	Elective 2
  215	Elective 3
  Term 5
  Course No.	Course Title
  221	Financial product design: Principles and case studies
  222	Elective 4
  223	Elective 5
  224	Dissertation Preparatory Part
  Term 6
  Course No.	Course Title
  231	Dissertation Final Part

  Courses for Electives I (243), II (244), IV (253) shall be chosen from the following :
  • Group - A
    • A1. Actuarial Science II
    • A2. Quantitative Risk Management
    • A3. Advanced Topics in Financial Derivatives
    • A4. Dynamic Asset Management
    • A5. Optimization in Finance
    • A6. Time Series Analysis and Forecasting
  Courses for Electives III (245), V (254) shall be chosen from the following :
  • Group - B
    • B1. Soft Computing Methods in Finance
    • B2. Machine Learning with Financial Application
    • B3. Objected Oriented Software Engineering
    • B4. Data Mining Techniques
    • B5. Parallel Computing

• B.Sc. (Hons.) in Mathematics and Computing :

  A candidate seeking admission to this programme should have passed Higher Secondary or equivalent examination with mathematics as a subject.

• M.A. / M.Sc. in Computational Finance

  A candidate seeking admission to this programme should have Bachelors Degree with Mathematics / Statistics as a core subject.

• B.Sc. (Hons.) in Mathematics and Computing :

  The maximum number of students to be admitted into the programme is 30 which include the number of students admitted under reserved categories as prescribed by the Govt. of Odisha and in vogue at the time of admission.

• M.A. / M.Sc. in Computational Finance

  The maximum number of students to be admitted into the programme is 30 which include the number of students admitted under reserved categories as prescribed by the Govt. of Odisha and in vogue at the time of admission.

• B.Sc. (Hons.) in Mathematics and Computing :
  • 1st Year : Rs. 10,000/- (Course Fee)
  • 2nd Year : Rs. 10,000/- (Course Fee)
  • 3rd Year : Rs. 10,000/- (Course Fee)
  (excluding hostel accommodation fees, mess fees and other fees)
• M.A. / M.Sc. in Computational Finance
  • 1st Year : Rs. 30,000/- (Admission Fee)
  • 1st Year : Rs. 60,000/- (Course Fee)
  • 2nd Year : Rs. 60,000/- (Course Fee)
  (excluding hostel accommodation fees, mess fees and other fees)

After collecting the application form and prospectus in person / through post / downloaded from institute website, the filled in application forms along with all other relevant documents should be sent to The Director, Institute of Mathematics and Applications, Andharua, Bhubaneshwar - 751 003 by speed post / in person so as to reach the institute on or before May 14, 2014 (Wednesday).

Selection of candidates for admission in both B.Sc. and M.A. / M.Sc. courses shall be made on the basis of the entrance test. The entrance test will be of two hour's duration. Eligible candidates / students appearing at the qualifying examination can appear in the entrance test.

(Applicants can opt for test centre from the above list and the corresponding code must be entered in the appropriate column of the application form. However the institute reserves the right to allot a candidate to a centre other than those opted by him / her.)