The MSMF is STEM designated, ten (10) three-credit courses (6 required and 4 elective) program. All courses are 3 credits unless stated otherwise. The program offers two concentration, including, Risk Management and Data Science 

Core Curriculum

Required Courses: 

 

Unit Course Title Semesters Prerequisites Comments 
MATH 16:643:621 Mathematical Finance I  Fall    
MATH 16:643:622 Mathematical Finance II  Spring  Math 621  
ECON 16:220:607  Econometrics I   Fall    No credit with Stat 563
ECON 16:220:608 Econometrics II  Spring  Econ 607  No credit with Stat 565 or ISE 530
MATH 16:643:573 Numerical Analysis I  Fall    
MATH 16:643:623 Computational Finance  Spring  Math 573, 621, ECE 503
Corequisites: Math 622 
 
MATH 16:643:630 Seminar in Mathematical Finance
(0 Credits) 
 Fall & Spring
(two semesters required) 
   

 

 Concentrations

The MSMF program offers the following concentrations:

  1. Data Science- The analysis of large data sets has become an important task for mathematical finance professionals and financial statistics and risk management professional in industry. Employers of our students in summer internship or full-time positions increasingly request evidence of expertise in advanced techniques in the analysis of big data and machine learning, in addition to expertise in mathematical finance or financial statistics and risk management. In response to this evolution within the financial industry, we seek to provide MSMF students with a concentration that can be tailored to their specific needs and will enhance their career opportunities. 

       2. Risk Management- The knowledge of statistical finance and risk management is useful for a professional working in mathematical finance and data science in the financial industry. There is strong industry demand for graduates with expertise in both areas. In response to this demand, we seek to provide MSMF students with a concentration that can be tailored to their specific needs and will enhance their career opportunities. 

MSMF Electives and substitution courses