Professional Master's in Mathematical Finance
Over the past few decades major transformations in global finance have given rise to increased demand for professionals with a deep understanding of the modern financial system, and the ability to provide quantitative services—such as the development and validation of pricing and hedging models—to the financial sector.
The IIT Master's in Mathematical Finance (MMF) is a professional (non thesis) interdisciplinary program offered jointly by IIT Stuart School of Business (SSB) and the Applied Mathematics (AM) department. It has been developed specifically to respond to these market and intellectual needs through a uniquely designed curriculum that integrates financial economics, theory of probability and stochastic processes, applied mathematics, computational mathematics and statistics.
The program provides individuals interested in pursuing careers in financial risk management with advanced education in theoretical, computational and business aspects of relevant quantitative methodologies.