Why Study Mathematical Finance?
In recent years there has been spectacular growth in mathematical finance, a new branch of mathematics. A breakthrough in financial theory, based on advanced stochastic analysis, has created both strong demand from top financial institutions for mathematics graduates and exciting new research opportunities. Every indication is that this growth will continue. Owing to its mathematical complexity, this theory is not covered by standard undergraduate programs in economics or finance.
To meet this need, Trent University has created a new Specialization in Mathematical Finance. The goal is to produce graduates with rigorous mathematical, statistical and computing skills, who have the ability to apply them to the quantitative analysis of industrial, commercial or financial business decisions, or to undertake postgraduate work in these or related areas.
Trent University also offers opportunities for further study and research in mathematical finance through its graduate program.
Career Opportunities
Graduates of this specialization may consider career opportunities in:
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Asset and mutual fund management
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Financial engineering: developing new financial products for investment banks and energy companies
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Quantitative analysis of financial markets: developing mathematical models to assist traders
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Financial risk management
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Accounting, actuarial services, lending and investment analysis
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Data analysis of market research, demographics, scientific and medical research
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Academic or industrial research in mathematics, applied mathematics, and mathematical finance
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Teaching of mathematics