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 offers a Bachelor of Science in Mathematical Finance. At this time, Catholic University is the only school in the Washington, DC greater metropolitan area that currently offers a major in Mathematical Finance. Coursework for the major is described here. In addition, all mathematics majors must pass the department's comprehensive exam.
BS in Mathematical Finance - Courses
Mathematics Courses
Math 121 - Calculus I
Math 122 - Calculus II
Math 221 - Calculus III (Multivariable)
Math 222 - Differential Equations
Math 248 - Fundamentals of Advanced Mathematics
Math 301 - Linear Algebra
Math 431 - Probability and Statistics I
Math 434 - Introduction to Mathematical Finance
One elective chosen from among:
- Math 314 (Statistics II); Math 432 (Probability and Statistics II); Math 441 (Partial Differential Equations); Math 435 (Computational Methods in Mathematics and Statistics)
Finance Courses
Fin 226 - Introduction to Finance
Four 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); Fin 391 (Money, Banking, and Financial Crisis)
Economics Courses
Econ 101 (Principles of Macroeconomics)
Econ 102 (Principles of Microeconomics)
Computer Science Courses
CSC 124 (Introduction to Programming with Python)
CSC 430 (Introduction to Data Analysis)