To earn the Master of Science in Mathematical Finance degree a student must complete 30 semester hours (10 graduate classes) of advanced course work. The 30 hours consist of 9 hours of required mathematics courses, 9 hours of required finance courses and 6 hours of required economics courses. Students must also select 6 hours of courses from a list of approved electives. Students must also pass a final, comprehensive examination.

The required eight (8) courses for the program are:

• Financial Economic Theory (FINN 6203/ECON 6203)
• Financial Econometrics (ECON/FINN 6219)              
• Derivatives I: Financial Elements of Derivatives (FINN 6210)               
• Risk Management and Fixed Income Derivatives (FINN 6211)                        
• Statistical Techniques in Finance (MATH 6201) or Advanced Business & Economic Forecasting (ECON 6218)                                                                       
• Derivatives II: Partial Differential Equations for Finance (MATH 6202) 
• Stochastic Calculus for Finance (MATH 6203)
• Numerical Methods for Financial Derivatives (MATH 6204)

Students must also chose two (2) Elective courses from the following list:

• Directed Study Economics (ECON 6800)

• Mathematical Economics (ECON 6100)

• Advanced Macroeconomic Theory (ECON 6201)

• Advanced Microeconomics Theory (ECON 6202)

• Graduate Econometrics (ECON 6112)

• Monetary Theory and Financial Theory (ECON 6235)

• Applied Probability I. (MATH 6128)

• Applied Probability II (MATH 5129)

• Analysis I. (MATH 5143)

• Numerical Solution of Ordinary Differential Equations (MATH  5171)

• Financial Computing (MATH 6205)

• Special Topics in Finance (FINN 6058)

• Topics in Economics (ECON 6090)

• Any MATH/STAT  6200  course level or higher

The Sequence For 2007-2008

Fall, 2007

FINN 6203 - Financial Economics Theory - Tuesday/Thursday 11:45 - 1:00, Uptown

FINN 6210 - Derivatives I - Wednesday, 6:30-9:20, Friday Building Room 33

ECON 6090 - Introductory Econometrics (Substitutes for ECON 6112/6218) - Monday, 5:20-8:20, Uptown

ECON 6219 - Financial Econometrics, Monday, 6:30-9:20, Friday Building Room 34

MATH 6202 - PDEs for Finance, Tuesday 5:00 - 7:50, Robinson Hall Room 308

MATH 6203 - Stochastic Calculus for Finance, Monday/Wednesday 11:45 - 1:00, Uptown

MATH 6205 - Financial Computing - Thursday 5:30-8:20, Uptown

Spring, 2008 (Dates/Times are Tentative)

FINN 6203 – Financial Econ Theory - Monday, 6:30-9:20, on campus

FINN 6210 - Derivatives I - Wednesday - 5:30-8:20, uptown

FINN 6211 - Fixed Income Derivatives - Tuesday - 5:30-8:20, uptown

ECON 6218 – Forecasting

ECON 6219 - Financial Econometrics - Wednesday - 5:30-8:20, uptown

MATH 6201 - Statistical Methods for Finance - Wednesday - 6:30-9:20, on campus

MATH 6202 - PDEs for Finance - Monday - 6:30-9:20, on campus

MATH 6203 – Stochastic Calculus - Thursday - 5:30-8:20, uptown

MATH 6204 - Numerical Methods for Finance - Monday - 6:30-9:15, on campus

Previous Comprehensive Exams

Fall, 2007 Exam

Original Sample Exam