Curriculum: Program Outline
To earn the Master of Science in Mathematical Finance degree a student must complete 30 semester hours (10 graduate classes) of advanced course work.
The 30 hours consist of 9 hours of required mathematics courses, 9 hours of required finance courses and 6 hours of required economics courses. Students must also select 6 hours of courses from a list of approved electives. Students must also pass a final, comprehensive examination.
Required Courses (8):
- Financial Economic Theory (FINN 6203/ECON 6203)
- Financial Econometrics (FINN/ECON 6219)
- Derivatives I: Financial Elements of Derivatives (FINN 6210)
- Risk Management and Fixed Income Derivatives (FINN 6211)
- Statistical Techniques in Finance (MATH 6201) or Introduction to Econometrics (ECON 6090-Fall only)
- Derivatives II: Partial Differential Equations for Finance (MATH 6202)
- Stochastic Calculus for Finance (MATH 6203)
- Numerical Methods for Financial Derivatives (MATH 6204)
Elective Courses (2):
- Directed Study Economics (ECON 6800)
- Mathematical Economics (ECON 6100)
- Advanced Macroeconomic Theory (ECON 6201)
- Advanced Microeconomics Theory (ECON 6202)
- Graduate Econometrics (ECON 6112)
- Monetary Theory and Financial Theory (ECON 6235)
- Applied Probability I. (MATH 6128)
- Applied Probability II (MATH 5129)
- Analysis I. (MATH 5143)
- Numerical Solution of Ordinary Differential Equations (MATH 5171)
- Financial Computing (MATH 6205)
- Special Topics in Finance (FINN 6058)
- Topics in Economics (ECON 6090)
- Any MATH/STAT 6200 course level or higher
- Approved MBA Courses