Course information
Course title | Bachelor of Science (Honours) in Banking and Finance and Statistics and Operations Research |
Course code | UBSCHBKFSOR |
Postnominal | B.Sc. (Hons)(Melit.) |
Level of qualification | First Cycle |
National Qualifications Framework level | Level 6 |
Duration | 4 Years |
Mode of attendance | Full-time |
Total ECTS credits | 240 |
Coordinator | Banking and Finance (Joint Area) Joseph Falzon Statistics and Operations Research (Joint Area) Fiona Sammut |
Delivered by | Faculty of Science |
Course overview
The Course shall consist of two parts, namely, Part One comprising the first three years and Part Two comprising the fourth year.
(1) Part One shall consist of study-units to which 180 credits are assigned and indicated in the programme of study and divided as follows:
First Year: in addition to the compulsory and elective study-units outlined in the programme of studies of the chosen areas (not less than 26 credits in each of the two areas), students are required to register for optional study-units to bring their total for the year to 60 credits,
Second Year: 30 credits in each of the two areas of study,
Third Year: 30 credits in each of the two areas of study.
At the end of Part One, students who obtain 180 credits as specified in paragraph (1) but who either opt not to proceed with the Course leading to the Honours Degree, or having proceeded, do not successfully complete the Course, shall be eligible for the award of the degree of Bachelor of Science (B.Sc.).
(2) Part Two shall consist of study-units to which 60 credits are assigned divided as follows:
(a) 40 credits in one area of study, of which 18 credits are assigned to a dissertation, and
(b) 20 credits in the other area of study,
provided that in the case of Mathematics, the dissertation may be substituted by one or more additional taught study-units.
Banking and Finance
Information about this option is currently unavailable.
Statistics and Operations Research
The four-year programme of studies for Statistics and Operations Research as part of the B.Sc. (Hons) degree has been designed for students to embark on a four year plan which helps them learn a number of topics considered to be fundamental in the academic disciplines of Statistics and Operations Research, and to follow fruitfully a set of accompanying study units which are oriented towards specialized areas. Due emphasis is given to the mathematical, computational and modelling aspects of Statistics and Operations Research. Students will also be guided to appreciate the research and cultural potential of Statistics and Operations Research within contemporary society. Study-units have been, and are, being designed to incorporate a blend of:
• pedagogical issues
• an acceptable degree of mathematical and logical rigour
• continuous exposure to the practical dimension of the subjects
• responsiveness to current advances in the relevant subjects
• proficiency with reference to the computational aspect of the subjects.
Admission and progression requirementsApplicants must satisfy the General Entry Requirements for admission, namely, the Matriculation Certificate and Secondary Education Certificate passes at Grade 5 or better in Maltese, English Language and Mathematics.
Applicants must also satisfy the following Special Course Requirements:
For Banking and Finance: an Intermediate Level pass in Pure Mathematics
For Statistics and Operations Research:
either a pass at Advanced Level at Grade C or better in Pure Mathematics
or a pass at Advanced Level at Grade C or better in Computing or Information Technology together with a pass at Advanced Level at Grade D or better in Pure Mathematics
Applicants must satisfy the Special Course Requirements for both areas
Applicants who possess a grade D when the minimum specified grade is C in only one of the required subjects, whether at Advanced or Intermediate Level, of the special course requirements indicated in the paragraphs above, shall be admitted under those conditions as the Board may impose to compensate for the qualification deficiency. If, by the end of the first year, such students do not successfully complete all the requirements to progress regularly to the second year of the Course, they shall be required to withdraw from the Course, and shall neither be entitled to repeat the year nor to progress conditionally as normally permitted under the Principal Regulations.
The admission requirements are applicable for courses commencing in October 2021.
For more detailed information pertaining to admission and progression requirements please refer to the bye-laws for the course available here.Info for applicants with international qualifications
UM currently hosts over 1,000 full-time international students and over 450 visiting students. The ever-increasing international students coming from various countries, in recent years, have transformed this 400-year old institution into an international campus.
Our international students generally describe Malta as a safe place, enjoying excellent weather and an all-year varied cultural programme. Malta is considered as the ideal place for students to study.
You can compare your national qualifications to the local requirements by visiting our qualifications comparability webpage.
After you receive an offer from us, our International Office will assist you with visas, accommodation and other related issues.Fees and funding
Local/EU/EEA Applicants: | No fees apply |
Non-EU/Non-EEA Applicants: | Fee per academic year: Eur 10,800 |
Learning outcomesStatistics and Operations Research
At the end of the course students will be able to:
• deal competently with the notions of uncertainty and randomness in a logically valid and mathematically sophisticated way
• know which branch of relevant theory should help in understanding practical problems involving probabilistic, statistical and operations research contexts
• be confident in the use of software commonly used in the numerical solution to problems in the relevant areas.Course intended forStatistics and Operations Research
Adults with acceptable mathematical qualifications at Advanced Level.Career opportunites and access to further studiesStatistics and Operations Research
Career opportunities in this area have so far included:
• National Statistics Office
• Other government departments and authorities (e.g. NAO, MFSA, Central Bank, MFSS, Communications Authority)
• Finance (e.g. banks, insurance, investment)
• Manufacturing companies
• Airline industry
• Communications industry
• Lottery and Betting companies
• Education
The course also gives access to further postgraduate studies and research positions, both at the University of Malta and overseas, and a number of our former students have pursued Masters, Doctorate and Post-doctorate positions, both locally and abroad. The course has also served as a good background for other specialized courses required by specific areas in the job market.Mobility periodStudents who wish to participate in an ERASMUS exchange are encouraged to do so preferably during the first semester and/or second semester of the penultimate year.