In the Mathematical Finance (MMF) program, students reshape their existing analytical abilities with the help of senior academics in mathematics, computer science, statistics, and engineering who have experience with the tools of mathematical finance. This cross-disciplinary approach develops graduates with a richer, more innovative approach to applied mathematics in real-world situations. Some of the faculty are seasoned practitioners from the financial industry while others are from leading firms in the financial software industry, developing applications around requirements like risk management, portfolio analysis, and the pricing of advanced derivatives.
The heart of the program is the four-month internship or campus project. Working on real financial projects, students learn to integrate and apply theoretical knowledge gained earlier in the program. In the internship, students team up with employees of the sponsoring firm to experience how financial mathematics impacts the decision-making processes of a financial services organization.
Students arrive on campus in mid-August and will proceed through the program as a group, following a common course of study. The course of study will be fully integrated and computer-laboratory intensive. Course projects and assignments will be designed to integrate the material learned from a variety of the courses and to utilize it in a practical context. Excellent communication and presentation skills will be emphasized in both the oral and written components of the projects.
Inquiries about part-time options for the program should be addressed to the Program Director.