Financial Mathematics BS

No longer accepting students into this major.

Offered jointly with the Department of Economics and the School of Business, this major serves students interested in applying the principles of mathematical and economic analysis in the financial services industry. Past graduates are pursuing careers in security analysis at mutual funds, private wealth management, actuarial science, and management of endowments of nonprofit organizations.

Learning Outcomes

1. Understanding of the basic concepts and techniques in core content areas of mathematics, and statistics and ability to translate that theory to financial modeling and financial engineering.
2. Knowledge of economic concepts, institutions, theories, models, and methodologies including econometrics, and competency in applying this information to analyze economics events and to evaluate alternative economic policy initiatives.
3. Understanding of the basic concepts and techniques in core content areas of accounting, finance, and investing.
4. Ability to use the knowledge of mathematics, statistics, economics and finance to build theoretically sound financial models, choose relevant data, use appropriate modeling tools and software, and critically interpret the results.
5. Ability to communicate mathematical, economic, and financial ideas clearly and precisely.
6. Ability to independently read and learn mathematical finance.

 

Joint Major in Financial Mathematics- No longer accepting students

No longer accepting students into this program.

The Department of Economics also offers a joint major in Financial Mathematics with the Department of Mathematics. This major is intended to serve students who are interested in applying the principles of mathematical and economic analysis in the financial services industry. Students graduating with this major might become stock analysts, bond traders, or decision analysts at consulting firms, work in the pension/annuity industry, or go to graduate school in the growing area of Financial Mathematics. The requirements for the joint major in financial mathematics are described in the listings for the Department of Mathematics.