Johns Hopkins University  Campus
Master of Science
On Campus
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Johns Hopkins University
Baltimore
United States

Financial Mathematics

About

The Financial Mathematics program provides a rigorous academic foundation for students seeking to master the quantitative tools that drive modern financial markets. Through coursework grounded in stochastic modeling, advanced calculus, probability theory, and financial economics, learners develop the analytical skills required to understand complex market behavior and manage financial risk. The curriculum emphasizes both theoretical and applied perspectives, allowing students to explore how mathematical models are constructed, validated, and used to guide investment decisions, price financial instruments, and evaluate uncertainty. This strong quantitative foundation prepares students to contribute effectively in data-intensive and model-driven financial environments.

Beyond core theory, the program offers extensive exposure to computational methods, algorithmic techniques, and real-world financial applications, enabling students to bridge the gap between mathematical concepts and industry practice. Students work closely with faculty who have expertise in quantitative finance, data science, and financial engineering, benefiting from industry-informed instruction and research opportunities. Coursework, computer-based simulations, and applied projects strengthen competencies in risk management, numerical computation, and model implementation. This integrated learning environment equips graduates with solid mathematical reasoning, practical programming skills, and the ability to translate quantitative insights into strategic financial solutions.

Key information

Duration
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Tuition fee
$66,670.00/year
Start dates & application deadlines
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More details
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Key Facts

  • Program Title: Financial Mathematics
  • Degree Type: Master of Science
  • Duration: 2 years
  • Mode of Study: Full-time, On Campus
  • Application Deadline: 01 March 2026
  • Location: Johns Hopkins University, United States
  • Field of Study: Financial Mathematics
  • Language of Instruction: English

Program Structure

Semester 1 – Mathematical Foundations for Finance
• Probability and Random Processes
• Advanced Calculus and Linear Algebra
• Introduction to Financial Markets
• Computational Methods for Quantitative Finance

Semester 2 – Core Financial Modeling & Analysis
• Stochastic Calculus
• Derivatives Pricing
• Statistical Methods in Finance
• Numerical Methods for Differential Equations

Semester 3 – Advanced Quantitative Finance
• Fixed Income Modeling
• Portfolio Theory and Optimization
• Risk Modeling and Simulation
• Elective in Machine Learning, Trading Strategies, or Time Series

Semester 4 – Research, Specialization & Capstone
• Financial Mathematics Research Project / Thesis
• Advanced Seminar in Quantitative Finance
• Scientific and Financial Communication
• Elective Module in Algorithmic Trading, Credit Risk, or High-Performance Computing

Career Opportunities

Graduates of this program pursue high-level quantitative roles in investment banks, hedge funds, asset management firms, and financial technology companies, where mathematical modeling and data analysis are essential. Many work as quantitative analysts, risk modelers, financial engineers, or portfolio analysts, contributing to pricing models, risk frameworks, and algorithmic trading systems. Others join consulting firms, regulatory organizations, or research institutions, applying quantitative reasoning to financial oversight, economic modeling, and policy evaluation. With strong training in stochastic processes, computational analysis, and financial modeling, graduates are well prepared for competitive roles across global financial markets.

Why Choose This Program

This program is an excellent choice for students who want to build deep quantitative expertise while applying mathematical concepts to real financial challenges. The curriculum strengthens quantitative modeling, computational finance, and strategic analysis, giving learners the technical and conceptual foundation needed to thrive in data-driven financial environments. Students benefit from expert faculty, research engagement, and exposure to advanced analytical tools used across the finance industry. Through simulations, projects, and specialized electives, learners gain the skills to design financial models, manage risk, and interpret complex market signals. The program’s blend of theory, application, and professional preparation ensures graduates are equipped to pursue leadership roles in quantitative finance, contribute to innovative financial solutions, and advance into doctoral-level research if desired.

Contact Information

For further information, please contact the admissions office at:
Phone: +1 410 516 8000
Email: admissions@jhu.edu
Address: Johns Hopkins University, 3400 N. Charles Street, Baltimore, MD 21218, USA