Mathematical Finance uses tools of mathematics and statistics to understand the dynamics of variability in financial markets. A degree in Mathematical Finance opens up careers in investment banking, risk management, hedge funds, financial analysis, data analysis, actuarial science, insurance, and more. The Department of Mathematics, jointly with the Busch School of Business, offers a Minor in Mathematical Finance.
Minor in Mathematical Finance
Students pursuing the Minor in Mathematical Finance take the following six courses:
Math 309 or 431 (Probability and Statistics I)
Math 434 (Introduction to Mathematical Finance)
either Math 432 (Probability and Statistics II) or Math 435 (Computational Methods in Mathematics and Statistics)
FIN 226 - Introduction to Finance
Two electives chosen from among:
- FIN 332 (Investment Analysis); FIN 334 (Corporate Finance); FIN 337 (Options & Futures); FIN 342 (Financial Markets & Institutions); FIN 389 (International Corporate Finance)
In addition, an introductory accounting course (ACCT 205) is required as a prerequisite for FIN 226. Students who have not yet met this requirement may need seven courses to complete the minor.