MA in Mathematical Finance
The Department of Mathematics at Columbia University offers a Master of Arts program in Mathematics with specialization in the Mathematics of Finance. This program is co-sponsored by the Departments of Mathematics and Statistics and is housed in the Department of Mathematics. It draws on the diverse strengths of Columbia University in Statistics, Stochastic Processes, Numerical Methods, Financial Applications. The instructional component of the program consists of ten courses, which can be taken over two semesters of full-time course work or four or more semesters of part-time coursework. Seven of these courses are mandatory and three are elective. Though the number of mandatory courses is seven, the seventh mandatory course, which is Linear Regression, can be substituted by another course with a strong Mathematics/Statistics load. The decision to take another course is made by the student. However, it must be approved by the director of the program. The remaining three courses can be selected from a broad menu of suitable courses.
To be admitted to these schools, the applicant must have completed a degree considered in the United States to be equivalent to a U.S. bachelor's degree with a strong academic record.