MS TRACK IN MATHEMATICAL FINANCE

The MS track in Mathematical Finance will enable a student to gain basic expertise in Statistics and Operations Research and augment it with specialized coursework in topics related to Mathematical Finance.

First-year Courses

For the MS track in Mathematical Finance, the following four courses are required as first-year courses.

Fall:

STOR 641 Stochastic Models In Operations Research I

STOR 555 Mathematical Statistics

Spring:

STOR  891 Statistical Methods In Finance

STOR 614 Linear and Non-linear Optimization

Additional course requirements

BUSI 880 Financial Economics

BUSI 886 Quantitative Methods in Finance

STOR 664 Applied Statistics I

Electives

 Students must take 3 more electives, at least one of which must be from within the STOR department.  Possible elecitves are:

STOR 612 Deterministic Models

STOR 769 Simulation

ECON 871Time Series Econometrics

In addition the student must participate in the Presentation course.

M.S. Paper

 Each student in the INSTORE program must complete an M.S. Paper. The alternative “M.S. Thesis” option is not used in this program. The student must register in STOR 992 and a STOR faculty member must be either the advisor or co-advisor. The topic of the paper should be broadly within the areas of Financial Mathematics. The MS paper may be counted as an elective.