For the ﬁrst time, TU School of Mathematical Sciences is going to lunch Bachelor in **Mathematical Sciences (BMathSc) Program.**

The program is full time, of 8 Semesters in 4 years in duration. Bachelor in Mathematical Sciences courses basically comprises of some compulsory foundational courses consisting of fundamentals of Mathematics, Statistics, and Computer Science and Information Technology plus some elective courses from a list of courses which may vary from year to year as a multi-exit model decided by the subject committee. There will also be some courses covering Technical Writing Communication English, Humanities and Social Sciences, Management, Natural Sciences not related with the area of concentration taken.

In the modern world, computational simulations are everywhere and the amount of data available for many enterprises is increasing exponentially. The Internet makes these large quantities of data readily available for many enterprises. Many areas of science, engineering, and industry are now concerned with building and evaluating mathematical models, exploring them computationally, and analyzing enormous amounts of observed and computed data. These activities are all inherently mathematical in nature.

Thus, the Modern Computerized World demands the human resource having all three – analytical ability, data processing capability and fast computing efﬁciency, i.e., the combined knowledge of Mathematics, Statistics, and Computer Science and Information Technology. The practice has shown that such human resourse cannot be produced by the present system of education in Nepal.

Tribhuvan University has quite recently taken up this as a challenge and has decided to run Bachelor and Master Degree Program in Mathematical Sciences that will help produce at least a critical mass of experts with sound knowledge of fundamentals of mathematics, statistical and analytical capability and ﬂuent computational skills.

# What is Mathematical Sciences ?

Mathematical Sciences is a group of disciplines involving Mathematics as a core subject. The Mathematical Sciences tends to be invisible, but it is prevalent wherever

- computers are used,
- data are available,
- Physics or Chemistry is applied,
- Geometry is signiﬁcant,
- Statistics is employed,
- processes or designs are optimized.

Mathematical Sciences is used in almost every type of business; large or small. Studying Mathematical Sciences means you can work in other ﬁelds, such as Chemistry, Biology, Earth Sciences, Computing, Economics, Finance, Engineering, Physics, Electronics, Banking and Meteorology, to list just a few disciplines.

# Computers boost Mathematical Sciences

No science has a broader reach than the Mathematical Sciences. Especially, the advent of Computational Science and the recent data explosion have led to an enormous increase in the relevance and impact of the Mathematical Sciences.

# Base of Mathematical Sciences Work

Mathematical Sciences work involves the integration of Mathematics, Statistics, and Computation in the broadest sense and the interplay of these areas with areas of potential application. All of these activities are crucial to Economic growth, National competitiveness, and National security.

## Salient Features

Total Credit hours: At least 120 cr. Hrs.

Number of Courses: The ﬁrst FOUR semesters will offer ﬁve courses each. The number of courses in the remaining semesters may vary.

Nature of Courses: Theoretical, Practical.

Marking: Semester Exam – 60% (End of the semester exam. 60 marks)

Internal Assessment = 40%

(The internal assessment may include writing test, oral test, seminar, practical, project work, ﬁeld work etc. In each of the semester Exam and Internal Assessment, the student must secure at least 40% in order to complete the course.)

The ﬁrst two years of the program provide a foundation in a broad range of areas including Mathematics, Statistics and Computer Science.

## Eligibility

A candidate who has passed 10+2 or equivalent from any stream with Mathematics of 100 marks or Business Mathematics with minimum 'C' grade in all subjects is eligible to get admission through entrance examination.

## Job Prospects

If there is one ﬁeld where career prospects are abundant because the demand exceeds supply, it is Actuarial Science. The course is globally recognized with mutual exemptions with a lot of other international actuarial institutes.

Traditionally, actuaries were found only in the life-insurance sector. However, with the opening up of the economy they are wanted by general insurance, health insurance, reinsurance companies, pensions and employee beneﬁts, investment consultancies, risk management, banks, stock exchanges, private and government agencies. This is one ﬁeld where career prospects are abundant because the demand exceeds supply even in the world.

- Data Analyst
- Financial Analyst
- IT or Computing Analyst
- Mathematical Modeler
- Research Scientist
- Secondary School Teacher

## Prospect Careers

## Curricular Structure

## Foundation

Semester | Papers | Credit |

First | MSMT 101 Calculus with Analytic Geometry I | 3 |

MSST 101 Statistics &Data Analysis I | 3 | |

MSCS 101 Fundamentals of Computer Science | 3 | |

MSEN 101 Communication skillI | 3 | |

MSCS 102Mathematics Software (MATLAB) | 3 | |

Total | 15 |

Semester | Papers | Credit |

Second | MSMT 151 Calculus with Analytic Geometry II | 3 |

MSMT 152 Linear Algebra with Application I | 3 | |

MSST 151 Statistics & Data Analysis II | 3 | |

MSCS151 Introduction to Programming I | 3 | |

MSEN 151 Communication Skill II | 3 | |

Total | 15 |

Semester | Papers | Credit |

Third | MSMT 201 Linear Algebra with Application II | 3 |

MSST 201 Theory of Probability | 3 | |

MSCS 201Introduction to Programming II | 3 | |

MSMT 202 Differential Equations | 3 | |

MSMT 203 Gen. Logic | 3 | |

Total | 15 |

Semester | Papers | Credit |

Fourth | MSST 252 Mathematical Statistics | 3 |

MSST 251 Applied Probability Models | 3 | |

MSCS 251 Data Structure and Algorithm | 3 | |

MSMT 252Mathematical Modeling | 3 | |

MSMT 253 Discrete Math | 3 | |

Total | 15 |

The third and fourth years of the program give the students the opportunity to specialize in one of the prescribed areas –

1.Mathematics

2.Statistics

3.Computer Science and Information Technology

4.Mathematics Education

5.Mathematical Biology

6.Mathematical Economics

7.Computational Finance and so on.

One of the majoring areas of Mathematical Sciences is Actuarial Science.

## Major in Actuarial Science

Semester | Papers | Credit |

Fifth | MSMT 301Financial Mathematics | 3 |

MSAS 301 Actuarial Models I: Life contingent I | 3 | |

MSAC 301 Financial Accounting | 3 | |

MSEC 301 : Nepalese Economy | 3 | |

MSNE 301 Nepali literature I | 3 | |

Total | 15 |

Semester | Papers | Credit |

Sixth | MSAS 351 Actuarial Models II: Life contingent II | 3 |

MSMN 351 Investments | 3 | |

MSEC 351 : Principles of Economics I (micro) | 3 | |

MSAC 351 Managerial Accounting | 3 | |

MSNE 351 Nepali literature II | 3 | |

Total | 15 |

Semester | Papers | Credit |

Seventh | MSAS 401Actuarial ModelsIII Derivative markets | 3 |

MSMN 401Introduction to Riskand Insurance | 3 | |

MSEC 401 : Principles of Economics II (macro) | 3 | |

MSEN 401Tech. Writing Com.English | 3 | |

MSHU 401 Anthropology I | 3 | |

MSPR 401 Project | 3 | |

Total | 18 |

Semester | Papers | Credit |

Eighth | MSAS 451 Actuarial Modeling : Loss Models | 3 |

MSMN 451 Intermediate BusinessFinance | 3 | |

MSST 451 Regression and Time Series Analysis | 3 | |

MSHU 451 Anthropology II | 3 | |

MSIN 451 Internship | 3 | |

Total | 15 |

What is Actuarial Science?

Actuarial Science is the discipline that applies mathematical and statistical methods to assess risk in insurance, ﬁnance and other industries and professions.

Actuaries are professionals who are qualiﬁed in Actuarial Science through intense education and experience. They study basically

� Mathematics

� Statistics

� Computational Science

� Management (including Finance, Accounting)

� Economics