Financiers are rightly rewarded for taking risks, which by their nature cannot be entirely managed away or anticipated. The tendency for success to breed complacency and recklessness is as ingrained in financial markets as it is in any other walk of life.
Financial mathematics is the study of financial data with the tools of mathematics , mainly statistics . Such data can be movements of securities?stocks and bonds etc.?and their relations.
Students will learn how to establish appropriate investment objectives, develop optimal portfolio strategies, estimate risk-return trade offs, and evaluate investment performance. Many of the latest quantitative approaches are discussed.
Students interested in financial careers receive an excellent professional financial education through the College of Business? Finance Program. You will find highly qualified faculty members, well defined jobs in the field, and other resources, which properly used will lead to excellent career prospects.
Students are also required by the Mathematical Sciences Department to pass a Qualifying Examination, covering major and minor topics, to certify the students' preparedness to begin research. The minor topic may be numerical analysis, statistics, or finance/economics. Students majoring in business need only three additional economics courses to get a minor in economics.
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12 years ago