BSc (External) in Financial Engineering — University of Colombo, Faculty of Science

Course overview

The BSc (External) in Financial Engineering is a three-year external degree program (90 credits, SLQF Level 5) offered by the Department of Mathematics through the Open Distance Learning Centre (ODLC) of the Faculty of Science. The program focuses on developing financial strategies and tools to forecast financial trends, create financial models, and support strategic financial decision-making in businesses and organizations.

Students gain knowledge in:

  • Mathematics, Statistics, and Computer Skills

  • Basic Economics and Accounting

  • Quantitative Techniques and Quantitative Finance

  • Financial Modeling and Risk Management

  • Corporate Finance

  • Professional Development and Practices in Finance

Eligibility

  • Three passes at GCE Advanced Level (local) in one sitting in Mathematics/Biology/Commerce streams
    OR

  • Equivalent qualifications such as Edexcel, London A/L, Cambridge A/L including Mathematics
    OR

  • Any other equivalent academic or professional qualification acceptable to the faculty and senate

Course Fees

 

  • Sri Lankan students: LKR 200,000 per year

  • International students: USD 1,500 per year (20% discount for Sri Lankans from foreign territories)

  • Application fee: LKR 3,000

  • Note: Course fees are not payable in installments; however, local students may apply for a student loan from the Commercial Bank of Sri Lanka

Application Process

  • Applications are invited annually, with the deadline for the 2026 intake in September 2025

  • The process includes submission of the application form and payment of the application fee

  • Shortlisted candidates are called for interviews in September

  • Final selection list is published in October

  • Registration occurs in November, with the program commencing in January of the following year

Contact and Further Information

  • Open Distance Learning Centre, Faculty of Science, University of Colombo

  • PO Box 1490, Colombo 00300, Sri Lanka

  • Phone: +94 11 2058324

  • Director: Dr. Darshana Lakmal Weerawarne

  • Email: dweerawa@phys.cmb.ac.lk

Additional Recognition

  • The program is officially recognized by the CFA Institute, aligning with global financial industry standards and best practices, enhancing its reputation and industry relevance2468.
  • For detailed application forms and updates, visit the Faculty of Science ODLC website or contact the centre directly.