Financial Mathematics Program Degree Requirements

The professional M.S. Degree Program in Financial Mathematics is a 30-credit hour program. The curriculum consists of the following components:

  1. 6 credits from required foundation courses:
    • MA 503 Analysis I or MA529 Stochastic Processes 
    • MA 540 Probability and Mathematical Statistics I
  2. 12 credits from core financial mathematics courses:
    • MA 571 Financial Mathematics I
    • MA 572 Financial Mathematics II
    • MA 573 Computational Methods of Financial Mathematics
    • MA 574 Portfolio Valuation and Risk Management
    • MA 575 Market and Credit Risk Management
  3. 3 credits chosen from Mathematical Sciences graduate courses MA 502-590.
    • BS/MS students can count undergraduate credits MA 4213 Risk Theory, MA 4235 Mathematical Optimization, MA 4237 Probabilistic Methods in Operations Research, MA 4473 Partial Differential Equations, MA 4632 Probability and Mathematical Statistics II towards electives
  4. 6 credit block in one of the following complementary areas outside of the Mathematical Sciences Department: Financial Management, Information Technology, or Computer Science.
    • Students with a degree or substantial work experience in one of the above complementary areas can substitute them with other courses subject to prior approval by the graduate committee 
    • BS/MS students can count suitable undergraduate courses towards the complementary area requirement according the number of credits of the corresponding graduate courses 
    • 2 of the complementary area credits can be earned by taking MA579 Financial Programming Workshop
  5. 3 graduate credits for a project originating in the financial industry.
  6. MA562A and MA562B Professional Master's Seminar (for no credit)

 

 

 

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Last modified: February 04, 2010 08:13:53