The Financial Mathematics major, which is interdisciplinary among the Mathematics and Statistics, Economics and Management programs, prepares students for careers in the financial services and actuarial industries.

Among the possible very rewarding career paths are becoming a financial planner, a private wealth manager, an investment manager (for a mutual fund, pension plan, or endowment) and an actuary. The major also helps prepare students for the first Chartered Financial Analyst (CFA) exam and for the first three Society of Actuaries exams.

Our majors have had internships at financial services firms, private wealth management firms, investment banks and mutual fund companies. Our graduates work in all these settings, at hedge funds, at insurance companies, and in other settings requiring a deep knowledge of these fields and strong analytical skills.

Program Requirements

Courses required for the financial mathematics major are:

  • ECON 100 Principles of Microeconomics
  • ECON 101 Principles of Macroeconomics
  • MATH 118 Introductory Statistics OR MATH 227 Statistical Design and Analysis
  • MATH 211 Linear Algebra
  • MATH 220 Multivariable Calculus (pre-requisite of Math 120-121 Calculus or its equivalent in high school)
  • ECON 220 International Monetary Systems
  • ECON 231 Money and Banking
  • ECON 393 Econometrics
  • MATH 319 Financial Mathematics
  • MATH 338 Probability
  • MATH 339 Mathematical Statistics OR MATH 343 Mathematical Modeling
  • MGMT 110 Principles of Financial Accounting
  • MGMT 260 Principles of Finance
  • MGMT 311 Investments (or another 300-level finance course in management)
  • Eight semester hours of Independent Learning (for students entering prior to September 2014) or capstone (students entering September 2014 on)
Customize Your Program

Financial Mathematics is an interdisciplinary program with flexibility that allows our students to tailor the program to their interests. For example, students planning to take the CFA or actuarial exams will use at least part of their independent learning to prepare for the exam.  Simmons also offers many dual-major and minor options. Interested students should contact Professor Menzin or Professor Aoki to learn more about this exciting major.

Internships and Research
Internships are a key component of the Financial Mathematics program. There are a myriad of opportunities to build your skills, resume and mentoring relationships with financial organizations in Boston and beyond.
    Masato Aoki
    • Masato Aoki
    • Associate Professor of Economics
    • Phone: 617-521-2580
    • Office: L314
    Donna Beers
    • Donna Beers
    • Professor of Mathematics
    • Phone: 617-521-2389
    • Office: S212
    Carole Biewener
    • Carole Biewener
    • ProfessorEconomics and Women's and Gender Studies
    • Phone: 617-521-2583
    • Office: L315
    Michael Brown
    • Michael Brown
    • Professor of Mathematics
    • Phone: 617-521-2688
    • Office: S217
    Robert Goldman
    Viktor Grigoryan
    • Viktor Grigoryan
    • Assistant Professor of Mathematics
    • Phone: 617-521-2491
    • Office: S214
    Indra Guertler
    • Indra Guertler
    • Professor of Practice
    • Phone: 617-521-3883
    • Office: M438
    Zinnia Mukherjie
    • Zinnia Mukherjee
    • Assistant Professor of Economics
    • Phone: 617-521-2582
    • Office: L312
    Mindy Nitkin
    Niloufer Sohrabji
    • Niloufer Sohrabji
    • Associate Professor of Economics and Chair of the Departme
    • Phone: 617-521-2587
    • Office: L313
    David Morgan
How to Apply

So you know that Simmons is a great place to be, you've learned about our programs, maybe even come for a you're ready to apply! Let's get started.