Mathematical finance, also known as quantitative finance, is a field of applied mathematics, concerned with mathematical modeling of financial markets. Generally, mathematical finance will derive and extend the mathematical or numerical models without necessarily establishing a link to financial theory, taking observed market prices as input. Mathematical consistency is required, not compatibility with economic theory. Thus, for example, while a financial economist might study the structural reasons why a company may have a certain share price, a financial mathematician may take the share price as a given, and attempt to use stochastic calculus to obtain the corresponding value of derivatives of the stock. The fundamental theorem of arbitrage-free pricing is one of the key theorems in mathematical finance, while the Black–Scholes equation and formula are amongst the key results.

Mathematical finance also overlaps heavily with the fields of computational finance and financial engineering. The latter focuses on applications and modeling, often by help of stochastic asset models, while the former focuses, in addition to analysis, on building tools of implementation for the models. In general, there exist two separate branches of finance that require advanced quantitative techniques: derivatives pricing on the one hand, and risk- and portfolio management on the other.

1.Undergraduate

(1) The applicant must be a foreign citizen holding a valid passport, aged 18 or over, in good health, and willing to abide by Chinese laws and regulations and the rules and regulations of the school and respect the customs and habits of the Chinese people;

(2) Applicants must have a high school diploma;

(3) Applicants study Chinese literature, Chinese history, and Chinese philosophy. The HSK must be up to 4; other classes must be up to 3 levels. For example, if the HSK level does not reach the corresponding level, the school may organize a Chinese proficiency test. If the test reaches a certain level of Chinese, you may apply for a 1-2 year probation.

2. Master student

(1) The applicant must be a foreign citizen holding a valid passport, aged 18 or over, in good health, and willing to abide by Chinese laws and regulations and the rules and regulations of the school and respect the customs and habits of the Chinese people;

(2) The applicant has a university degree certificate and a bachelor degree certificate;

(3) The applicant must have a HSK certificate (Level 5); if the HSK level does not reach the corresponding level, the school can organize a Chinese proficiency test. If the test reaches a certain level of Chinese, you can apply for a test. Read 1-2 years;

(4) 1 copy of each of the "Expert Recommendations" of the two associate professors (or specialists with quite professional titles) in the professional fields of the subject.

3. Doctoral students

(1) The applicant must be a foreign citizen holding a valid passport, aged 18 or over, in good health, and willing to abide by Chinese laws and regulations and the rules and regulations of the school and respect the customs and habits of the Chinese people;

(2) The applicant has a master's degree certificate and a master's degree certificate;

Applicants have a HSK certificate (Level 6); if the HSK level does not reach the corresponding level, the school can organize a Chinese proficiency test. If the test reaches a certain level of Chinese, you can apply for a 1-2 year;

(4) 1 copy of each of the “Expert Recommendations” of the two professors (or experts with quite professional titles) in the professional field of the subject.

1. Apply for Chinese learners need to submit the following application materials:

① Application Form for Foreign Students of Guangxi University for Nationalities

②Copy of passport

③Certificate of highest education

2. Applicants for undergraduate study must submit the following application materials:

①Application Form for Foreign Students of Guangxi University for Nationalities

② Copy of passport

③ Copy of Chinese HSK Certificate (Grade 4 or above)

④ High school graduation certificate notarized (Chinese or English)

3. Applicants for Master's degree students must submit the following application materials:

① Application Form for Foreign Students of Guangxi University for Nationalities

② Copy of passport

③ Copy of Chinese HSK Certificate (Grade 5 or above)

④Corresponding diplomas, degree certificates, academic transcripts (Chinese or English notarized; graduates can submit graduation certificates first)

⑤ Letters of recommendation from two experts (advanced professor or above)

⑥Study Plan (about 800 words, written in Chinese, including application for study, research direction)

(C) application procedures

1. Application materials are sent to the Institute of International Education, Guangxi University for Nationalities by mail, fax, email or personal delivery

2. Guangxi University for Nationalities accepted the application, reviewed the materials, and sent "Guangxi University for Nationalities Admission Notice" and "Foreigners coming to China to apply for a visa" to those who meet the conditions for admission.

3. Those who have been admitted hold “Guangxi University for Nationalities Admission Notice” and “Application Form for Study Visas for Foreign Students Visiting China” to apply for an X or F visa at the Chinese Embassy (Consulate) in China.

(D) Admission procedures

Hold an X or F visa and go to the Guangxi University for Nationalities in accordance with the “Guangxi National University Admission Notice”.

1. Submit the following materials:

① Admission Notice of Guangxi University for Nationalities and Application Form for Study Visas for Foreign Students Entering China

② Original passport

③ Certificate of graduation, degree certificate, HSK certificate

④ passport photos 8

2. Pay for study, accommodation, etc.

3. Accommodation in the dormitory

4. Physical examination

5. Apply for a residence permit and enter professional study