Program Requirements

The Masters in Mathematical Finance is a professional master’s degree, so a thesis is not required. You will take seven core courses and choose four electives. In order to earn a degree, you need to complete a minimum of 33.0 semester credits. Each full semester course earns 3.0 semester credits.

Core courses:

• MSF 505 Futures, Options and OTC Derivatives

• MSF 526 Computational Finance

• MATH 542 Stochastic Processes

• MATH 548 Mathematical Finance I: Discrete Time

• MATH 565 Monte Carlo Methods in Finance

• MATH 582 Mathematical Finance II: Continuous Time

• MATH 586 Theory and Practice of Fixed Income Modeling

View core course descriptions

Electives: You will choose at least one course from the Mathematics curriculum and at least two courses from the Finance curriculum. You must earn a total of 12 semester credits from elective classes.

Choose a minimum of ONE elective from the following Applied Mathematics courses:

• MATH 512 Partial Differential Equations

• MATH 543 Stochastic Analysis

• MATH 544 Stochastic Dynamics

• MATH 569 Statistical Learning

• MATH 587 Theory and Practice of Modeling Credit Risk and Credit Derivatives

• MATH 589  Numerical Methods for PDEs

• CS 522 Data Mining

Choose a minimum of two electives from the following Finance courses:

• MSF 524 Models for Derivatives

• MSF 525 Interest Rate, Term Structure and Credit Models

• MSF 545 Structured Fixed Income Portfolios

• MSF 546 Quantitative Investment Strategies

• MSF 554 Market Risk Management

• MSF 555 Credit Risk Management

• MSF 566 Enterprise Risk Management

• MSF 564 Financial Theory

• MSF 565 International Finance Theory

• MSF 566 Financial Time Series Analysis

• MSF 567 Bayesian Econometrics

• MSF 574 .NET and Database Management

• MSF 575 C++ with Financial Applications

• MSF 576 OOP and Algorithmic Trading Systems

• MSF 584 Equity and Equity Derivatives Trading

• MSF 585 Fixed Income Trading Strategies

• MSF 586 Advanced Option Trading Strategies