Mathematical Finance, B.S.

Overview

The Mathematical Finance major is an interdisciplinary study of financial markets. 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 only gained from study in the fields of mathematics, economics, and finance. The major is specifically designed for students considering graduate studies and careers in Finance, Applied Financial Economics, Mathematical Finance, Applied Mathematics, or Actuarial Science.

Requirements for the major

1. Required Courses

ACCT - 1301 Fundamentals of Financial Accounting Credits: 3
FNCE - 3301 Corporate Finance Credits: 3
ECON - 1311 Principles of Microeconomics Credits: 3
ECON - 1312 Principles of Macroeconomics Credits: 3
ECON - 3425 Intermediate Microeconomics Credits: 4
ECON - 4467 Advanced Microeconomic Theory Credits: 4
ECON - 4470 Econometrics Credits: 4
MATH - 1311 Calculus I Credits: 3
MATH - 1312 Calculus II Credits: 3
MATH - 2308 Mathematics for Data Science Credits: 3 OR
MATH - 3319 Applied Linear Algebra Credits: 3 OR
MATH - 3323 Linear Algebra Credits: 3
MATH - 2321 Calculus III Credits: 3
MATH - 1320 Statistical Methods Credits: 3 OR
BAT - 2301 Statistics for Business and Economics Credits: 3
MATH - 3370 Financial Mathematics Credits: 3
MATH - 3334 Probability Credits: 3 * strongly suggested in place of, or in addition to MATH 1320 /BAT 2301 . Essential for those seeking a career in actuarial science.

2. Three Additional Elective Courses From the Following:

FNCE - 3352 Principles of Investments Credits: 3
FNCE - 3353 Real Estate & Alternative Investments Credits: 3
FNCE - 3363 Student Managed Fund I Credits: 3
FNCE - 3361 International Finance Credits: 3
FNCE - 3362 Equity Valuation Credits: 3
FNCE - 4362 Derivatives Credits: 3

3. Completion of All Other Required Elements of the Pathways Curriculum and at Least 120 Credit Hours.

Admission to Major

How to apply

For full admission into the major, students must have credit for Calculus II (MATH 1312 ), Financial Accounting (ACCT 1301 ) and Principles of Macroeconomics (ECON 1312 ) with a grade of at least a C in each. Students who have not yet completed those three classes may still declare the major but are “provisionally accepted.”

Search

Quick Links: