BS Data
Science
Department
Mathematics and Statistics
Level
Undergraduate
Colleges
College of Computer Sciences & Information Systems
Course Detail
BS (Mathematics & Economics) is an inter-disciplinary undergraduate program for students with robust mathematical skills and keen interest in economics. This program is a perfect blend of pure and applied mathematics which does not only ensure a solid quantitative foundation for both disciplines but also provide phenomenal coverage of Statistics, Actuarial sciences and Finance. The training this degree provides is a unification of critical economic analysis and strong mathematical skills, which can help student pursue an esteemed position in financial services industry, growth and development centers, business enterprises, as well as public sector. Graduates with this degree are increasingly valued by employers because of their critical reasoning and sound knowledge as much of the economic theory is currently presented in terms of mathematical models. This opens more career options than the ones traditionally available to either mathematics or economics majors. This degree is also a paragon for those who aim for Master/ Doctoral degree in Economics, Finance, Mathematics, Statistics, Actuarial Sciences or other related fields.
The BS (Mathematics & Economics) is a four-year program. Applicants who have successfully completed H.Sc with minimum 50% marks in Pre-Engineering or in General Group (with Mathematics) or A-Levels with a minimum 2 Cs in three principal subjects (with Mathematics) are eligible to apply for admission. Graduation requirement is the completion of 141 credit hours of course work and 3 credit hours of project approved by college. Students must take a minimum load of 12 credit hours (four courses) or a maximum load of 18 credit hours (six courses) in a semester. In order to obtain the BS degree in four years, a student is required to cover twelve courses in a year. Full load of six courses can be taken each in the Fall and Spring semesters with an option of four courses in the latter and making up for the short fall in summer session. Students must maintain a CGPA of 2.5 for the conferment of degree.
BS Mathematics and Economics students learn to:
An ability to develop mathematical thinking, evolving from a computational / procedural understanding of mathematics to a broad understanding that involves logical reasoning, generalization, inference and formal proof.
Learn the fundamental aspects of economics, formulation and use of quantitative models arising in social science, business and other contexts.
Acquire an understanding of basic pure mathematics, and of the role of logical argument in mathematics.
- Learn to use basic econometric methods to quantify uncertainty with confidence intervals; use regression to infer causal relationships; and use regressions for prediction
Learning Outcomes for Business Analytics Students include:
An ability to communicate effectively with the educational and business community and with society at large about mathematical and economical principles, concepts, and solution to problems with precision and adherence in written, oral and graphical form about concrete questions and to prepare well-organized written arguments that clearly state assumptions/ hypotheses supported by evidence.
An ability to optimally apply economic analysis to everyday economic problems in the real world. This shall allow them to understand current events and evaluate potential policy proposals. Moreover, an appreciation shall be developed to evaluate the role played by assumptions in situations that reach various conclusions to a specific economic or policy problem.
Be equipped with skills to apply optimization models to consumer, producer, and market theories and to use game theory to analyze the strategic behavior of individuals and firms.
Be equipped with the investigative skills necessary for conducting original economic research and participating effectively in project teams.
Career Path
Data analyst
Investment analyst
Research scientist
Statistician
Required Courses
Area | Course Code/Title |
---|---|
Mathematics | MTH104 Calculus I MTH105 Calculus II MTH203 Introduction to Formal Mathematics MTH204 Linear Algebra MTH213 Introduction to Computing MTH224 Multivariable Calculus MTH251 Number theory MTH301 Real Analysis I MTH311 Real Analysis II MTH344 Introduction to Differential Equations MTH346 Partial Differential Equations MTH350 Topics in Mathematical Economics MTH405 Numerical Analysis MTH427 Topology MTH401 Complex Analysis MTH433 Optimization Techniques MTH437 Functional Analysis |
Economics | ECO101 Principles of Microeconomics ECO102 Principles of Macroeconomics ECO103 Intermediate Microeconomics ECO105 Intermediate Macroeconomics ECO207 Game Theory ECO208 Development Economics ECO301 Managerial Economics ECO302 International Trade ECO303 Financial Economics ECO307 Monetary theory and Policy ECO402 Pakistan Economic Policy ECO410 Econometrics I ECO412 Econometrics II |
Management Information System | MIS402 Computer Concepts and Applications |
Political Sciences | PSC301 Pakistan Studies |
Religious Studies | REL101 Islamic Studies |
Statistics | STA203 Probability Theory and Statistics STA301 Model and Inference STA302 Methods of Data Analysis STA303 Time Series Analysis STA305 Applied Regression Analysis |
Communication | COM107 Academic English COM202 Business and Professional Speech COM203 Methods in Business Writing |
Language | LAN 10* Foreign Language I LAN 20** Foreign Language II *1 = Introduction to Arabic *2 = Introduction to French *4 = Introduction to German *6 = Introduction to Italian *8 = Introduction to Chinese **1 = Intermediate Arabic **2 = Intermediate French **4 = Intermediate German **6 = Intermediate Italian **8 = Intermediate Chinese |
Elective Courses
Area | Course Code/Title |
---|---|
Mathematics | MTH211 Actuarial Mathematics MTH205 Financial Mathematics MTH207 Stochastic Models and Mathematical Finance MTH421 Abstract Algebra MTH423 Combinatorics MTH430 Operations Research MTH439 Introduction to Dynamical Systems |
Economics | ECO305 Topics in Microeconomics ECO306 Topics in Macroeconomics ECO414 Islamic Economics ECO416 Growth Theories ECO418 Resource & Environmental Economics ECOXXX Energy Economics ECOXXX Public Finance ECOXXX Economics of Logistics ECOXXX History of Economics Idea ECOXXX Agronomics |
Course Structure
Semester One | Semester Two | Semester Three | Semester Four |
---|---|---|---|
Islamic studies Academic English Principles of Microeconomics Calculus I Foreign Language I Computer concepts and applications | Pakistan Studies Methods in Business Writing Principles of Macroeconomics Calculus II Foreign Language II Probability & Statistics | Business and Professional Speech Intermediate Microeconomics Model and inference Introduction to Formal Mathematics Multi variable Calculus Introduction to Computing | Intermediate Macroeconomics Development Economics Game Theory Methods of Data Analysis Number theory Linear Algebra |
Semester Five | Semester Six | Semester Seven | Semester Eight |
International Trade Managerial Economics Applied Regression Analysis Topics in Mathematical Economics Real Analysis I Introduction to Differential Equations | Monetary theory & Policy Financial Economics Econometrics I Numerical Analysis Real Analysis II Partial Differential Equations | Econometrics II Pakistan Economic Policy Topology Complex Analysis Economics Elective I Mathematics Elective I | Time Series Analysis Optimization Techniques Functional Analysis Economics Elective II Mathematics Elective II Project |
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Interested in this program? Visit the admissions page for more information.