Division: Physical Sciences
Degree Type: MS
The University of Chicago's intensive, one-year Master of Science in Financial Mathematics program pioneered the teaching of an integrated program of theoretical and applied mathematics and practical applications to derivatives pricing and the management of financial assets.
The Department of Mathematics at the University of Chicago offers a one year graduate program leading to the degree of Master of Science in Financial Mathematics.
Theory Applied to the Real World
This program teaches applied mathematics and its applications in the financial industry. Students learn the theoretical background for pricing derivatives and for managing assets, but also attain a real understanding of the underlying assumptions and an ability to critically ascertain the applicability and limitations of the various models. Courses are taught by faculty of the University of Chicago and by professionals from the financial industry.