The three-semester program takes you to the cutting edge of mathematical finance and financial technology. The curriculum includes a comprehensive survey of the stochastic mathematics employed in asset pricing, risk modeling, and portfolio management. You will be exposed to the latest concepts, tools, and computational techniques employed in financial technology and data analysis, and you will have the opportunity to explore exciting new frontiers such as machine learning and algorithmic trading.
If this is not enough, you may enroll for an optional fourth semester to complete the Graduate Certificate in Advanced Financial Technology. Here you will be exposed to the latest developments in machine learning, data science, cloud computing, distributed ledgers, and cryptocurrencies.
An undergraduate degree in a quantitative discipline such as mathematics, physics, engineering, computer science, statistics, mathematical economics, or quantitative finance is highly recommended for the program.
Curriculum
The MSMFT is a full-time, three-semester, 39-credit program that develops advanced proficiency in the following areas:
- Algorithmic trading and high-frequency data
- Big data analysis and cloud computing
- Blockchain and cryptocurrencies
- Computational expertise in R and Python
- Credit risk modeling
- Deep learning and financial applications
- Derivatives valuation
- Portfolio theory and asset management
- Risk management
- Statistical, econometric and machine learning techniques applied to the analysis of financial data
- Stochastic mathematics
The program comprises four areas of concentration:
You will also have the opportunity to complete an internship or industry-sponsored project in the summer, allowing you to put your newly developed skills to the test, add real-world experience to your resume, and expand your network.
Career Opportunities
Every MSMFT student completes the career management course, MF 610: Mathematical Finance Career Management. This course:
- Develops sound networking and job search strategies
- Prepares you for 'quant' interviews
- Develops good career management habits
- Introduces you to practicing industry experts via the Visiting Speaker Series
- Informs you of important developments in financial markets and issues of the day that affect the global financial services industry
In addition to MF 610, you will work with career counselors in our Master's and PhD Center and the Executive Director of the MSMFT program to explore career options and to further refine your career management strategy.
The career paths that MSMFT graduates embark on include:
- Algorithmic and quantitative trading
- Design and valuation of financial products
- Financial data analysis
- Financial technology
- Portfolio management
- Quantitative risk management
Recent employers of MSMFT graduates include:
- Barclays Capital
- Citigroup
- CITIC Securities
- Fidelity Investments
- Jane Street
- Morgan Stanley
- State Street
Employment Stats
Students
MSMFT students hail from the four corners of the planet, but they have one thing in common—drive! They are all diligent students, eager to learn, grow, and change the world. Take a look at the most recent class profile to give you a sense of all the incredible things MSMFT students have to offer.
Meet Our Students
