Degree Requirements

The Master of Science in Mathematical and Computational Finance requires 33 credits: 27 credits in core courses, 3 credits in an approved elective, and 3 credits in a project course.

Plan of Study Grid
Semester ITerm Credits
FIN 641 Derivatives Markets 3
MATH 605 Stochastic Calculus 3
MATH 611 Numerical Methods for Computation 3
MATH 646 Time Series Analysis 3
 Term Credits12
Semester II
MATH 604 Mathematical Finance 3
MATH 606 Term Structure Models 3
MATH 608 Partial Differential Equations for Finance 3
CS 666
Simulation for Finance
or Simulation for Finance
 Term Credits12
Semester III
MATH 607 Credit Risk Models 3
Approved Elective 3
MATH 609 Projects in Mathematical and Computational Finance 3
 Term Credits9
 Total Credits33

For students having already successfully completed the equivalent of a course required for the program, more advanced courses can be substituted with departmental approval.


EM 602Management Science3
FIN 624Corporate Finance II3
FIN 626Financial Investment Institutions3
FIN 650Investment Analysis and Portfolio Theory3
MATH 644Regression Analysis Methods3
MATH 647Time Series Analysis II3
MATH 662Probability Distributions3
MATH 665Statistical Inference3
MATH 691Stochastic Processes with Applications3
MATH 699Design and Analysis of Experiments3
MATH 712Numerical Methods II3

Electives must be selected with the approval of the Program Director/Advisor.