The mathematical finance major is an interdisciplinary study of financial markets. The major is specifically designed for students considering graduate studies in finance, applied financial economics, mathematical finance, applied mathematics, or actuarial science.
Increasingly, firms of all types–and financial institutions in particular–rely on sophisticated mathematical models to understand financial markets, to evaluate financial instruments, and to measure and manage risk. To understand and utilize these models, students need specific capabilities that can be gained only from study in the fields of economics, finance, and mathematics.
Students who graduate with a degree in mathematical finance have a wide range of career choices, including commercial banking, corporate finance, financial planning, investment banking, money management, and real estate. Students who are interested in applications of mathematics and statistics to risk management and insurance can also consider a career in actuarial science.
For all Mathematical Finance requirements and course descriptions, visit the Courses of Study Bulletin for the most up to date course information.
Combining courses from economics, finance, and mathematics, the mathematical finance major is an interdisciplinary study of financial markets, utilizing mathematical models to understand markets, evaluate financial instruments, and measure and manage risk.