Financial Mathematics

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.

Welcome to the field of applied mathematics

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.

Courses required for the financial mathematics major are:

ECON 100	Principles of Microeconomics	4
ECON 101	Principles of Macroeconomics	4
ECON 220	International Monetary Systems	4
ECON 231	Money & Banking	4
STAT 118	Introductory Statistics	4
	OR
STAT 227	Intermediate Statistics: Design & Analysis	4
MATH 211	Linear Algebra	4
MATH 220	Multivariable Calculus	4
MATH 319	Financial Mathematics	4
MATH 338	Probability	4
STAT 339	Statistical Theory	4
	OR
MATH 343	Mathematical Modeling	4
ACCT 110	Financial Accounting	4
BUS 260	Financial Management	4
BUS 311	Investments	4

BUS 311 or another 300-level finance course from the Business School

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.

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

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