Timeline Planning of the Master of Financial Mathematics at the University of Chicago, USA How many years did you study for the Master of Financial Mathematics at the University of Chicago? What do you study in the course?
The Master of Financial Mathematics of the University of Chicago is located in the Vocational Education College, which is called the Master of Science in Financial Mathematics. The main purpose here is to improve the skills of quantifying and quantifying finance, which can be used in the future financial market. This program offers full-time and online degree courses. The former takes 65,438+05 months, that is, more than one year, while the latter takes 30 months, that is, about two and a half years. Of course, you can graduate ahead of time according to your learning ability.
During my master's degree in financial mathematics, I studied 1250 credits, including 400 credits for core courses, 400 credits for computer courses and 450 credits for elective courses.
The course of financial mathematics allows students to study in the cross fields of mathematics, statistics, finance, economics and computer science. Courses are organized quarterly:
Autumn course: the focus is on the mathematical basis of this subject and the introduction of financial markets. In the last quarter of the fall semester, students will complete their degree courses through various elective courses. Because the concepts introduced are interdependent, part-time students should learn more basic courses first, and then learn more advanced and applied courses.
Winter and spring courses: focus on the application of statistical risk management, regression analysis, portfolio theory and option pricing mathematical theory, as well as fixed income and foreign exchange derivatives.
During the summer vacation: students can choose to receive practical training through the project laboratory or internship.
Distribution of core courses of Master of Financial Mathematics in University of Chicago;
100 unit comes from:
FINM 33000-Mathematical Basis of Option Pricing (100 Unit)-Autumn
100 unit comes from:
FINM 36700-Portfolio Theory and Risk Management I (100 unit)-Autumn
At least 100 units from: *
FINM 33 150-regression analysis and quantitative analysis. Trading strategy (100 unit)-winter
STAT 22400-Applied Regression Analysis (100 unit)-Spring
STAT 32950-Multivariate Statistical Analysis: Application and Technology (100 unit)-Spring
BUSN 4 1 100-applied regression analysis (100 unit) * *-winter
BUSN 4 120 1-Big Data (100) * *-Spring
At least 50 cases: *
FINM 34000-Probabilistic and Stochastic Processes (50 units)-Winter
FINM 345 10-Stochastic Calculus I (50 units)-Spring
STAT 3 1700-Introduction to Probability Model (100 unit)-Winter
At least 50 cases: *
FINM 36702-Portfolio Credit Risk: Modeling and Evaluation (50 units)-Spring
FINM 35500-Corporate and Credit Securities (100 unit)-Spring