Financial Mathematics Program
The Professional Master of Science in Financial Mathematics Program offers an efficient, practice-oriented track to prepare students for quantitative careers in the financial industry including banks, insurance companies, investment and securities firms. The program gives students a solid background and sufficient breadth in the mathematical and statistical foundations that are needed to understand the cutting edge techniques of today and to keep up with the future developments of this rapidly evolving area over the span of their careers. It also equips students with expertise in quantitative financial modeling and the computational methods and skills that are used to implement the models. The mathematical knowledge is complemented by studies in financial management, information technology and/or computer science.
The bridge from the academic environment to the professional workplace will be provided by a professional master's project that involves the solution of a concrete, real-world problem directly originating from the financial industry.
Students are encouraged to complete summer internships at financial firms in a capacity that would complement and enhance their technical knowledge and lead towards their Professional Master's. The department can help students to find suitable financial internships through the industrial connections of faculty affiliated with the Center of Industrial Mathematics and Statistics.
A professional seminar will be organized for all the students enrolled in a Professional Master's Program. The seminar will develop writing, presentation and group communication and interviewing skills and will discuss topics in project management. The seminar will be organized using on-campus resources and by inviting speakers from the corporate world. The goal is to develop the students' professional skills for a successful corporate career.
Graduates of the program are expected to start or advance careers in jobs involving financial product development and pricing, risk analysis and management, investment decision support or portfolio selection and optimization.
Maintained by webmaster@wpi.eduLast modified: August 16, 2006 16:44:12