# Financial Mathematics BS

Offered jointly with the Department of Economics and the School of Business, this major serves students interested in applying the principles of mathematical and economic analysis in the financial services industry. Past graduates are pursuing careers in security analysis at mutual funds, private wealth management, actuarial science, and management of endowments of nonprofit organizations.

Learning Outcomes

- Understanding of the basic concepts and techniques in core content areas of mathematics, and statistics and ability to translate that theory to financial modeling and financial engineering.
- Knowledge of economic concepts, institutions, theories, models, and methodologies including econometrics, and competency in applying this information to analyze economics events and to evaluate alternative economic policy initiatives.
- Understanding of the basic concepts and techniques in core content areas of accounting, finance, and investing.
- Ability to use the knowledge of mathematics, statistics, economics and finance to build theoretically sound financial models, choose relevant data, use appropriate modeling tools and software, and critically interpret the results.
- Ability to communicate mathematical, economic, and financial ideas clearly and precisely.
- Ability to independently read and learn mathematical finance.

## Major Requirements

Courses required for the financial mathematics major are:### Courses required for the financial mathematics major are:

ECON 100 | Principles of Microeconomics | 4 |

ECON 101 | Principles of Macroeconomics | 4 |

STAT 118 | Introductory Statistics | 4.00 |

STAT 227 | Intermediate Statistics: Design & Analys Analysis | 4 |

MATH 220 | Multivariable Calculus | 4 |

MATH 211 | Linear Algebra | 4 |

ECON 220 | International Monetary Systems | 4 |

ECON 231 | Money & Banking | 4 |

ECON 393 | Econometrics | 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 |

Another 300-level finance course can substitute for BUS 311.

The Capstone requirement for this major must be satisfied by ECON 393.