Mathematical Finance and Economics Dual Degree
The Mathematical Finance and Economics Dual Degree Master of Science program at the University of North Carolina provides students with a rigorous interdisciplinary foundation at the intersection of quantitative finance and economic theory. The curriculum emphasizes mathematical modeling, financial analysis and economic reasoning, equipping students with the analytical tools to evaluate complex financial systems and market behavior. Learners develop quantitative analysis, economic modeling, financial strategy and critical thinking skills, preparing them to tackle real world challenges in finance, investment and policy environments.
Throughout the program, students engage with faculty experts who integrate theoretical knowledge with practical applications in financial markets and economic policy. Coursework combines rigorous mathematics, computational methods and applied economics to cultivate strong research skills and data driven decision making. Students participate in problem solving projects, case studies and research initiatives that enhance their ability to apply advanced quantitative techniques in evaluating financial instruments and economic trends. This approach fosters analytical proficiency, research competence, strategic insight and effective problem solving, providing a well rounded preparation for careers or further study in quantitative finance and economics.
Key information
Key Facts
- Program Title: Mathematical Finance and Economics Dual Degree
- Degree Type: Master of Science
- Duration: 2 years
- Mode of Study: Full-time, On Campus
- Application Deadline: 01 August 2026
- Location: University of North Carolina at Chapel Hill, United States
- Field of Study: Economics
- Language of Instruction: English
Program Structure
Semester 1 Foundations in Mathematical Finance and Economics
• Linear Algebra and Matrix Theory
• Advanced Calculus and Real Analysis
• Mathematical Modeling Techniques
• Computational Methods and Programming for Mathematics
Semester 2 Applied Finance and Economic Analysis
• Financial Economics and Asset Pricing
• Econometrics and Quantitative Methods
• Derivatives and Risk Management
• Research Project in Finance and Economics
Semester 3 Advanced Quantitative Methods
• Stochastic Processes in Finance
• Game Theory and Strategic Economic Analysis
• Portfolio Management and Optimization
• Applied Research Seminar
Semester 4 Integration and Thesis
• Financial Market Modeling
• Policy and Economic Analysis
• Thesis in Mathematical Finance and Economics
• Capstone Project in Quantitative Finance
Career Opportunities
Graduates of this dual degree program are prepared for professional roles that require advanced quantitative skills, economic insight and financial analysis expertise. Many pursue careers in investment banking, asset management, risk analysis and financial consulting, applying mathematical and economic models to support decision making and strategic planning. Others find opportunities in governmental agencies, research institutions, hedge funds or multinational corporations, analyzing economic trends, managing portfolios and evaluating financial risk. The programs emphasis on rigorous quantitative training, applied research and interdisciplinary problem solving equips graduates to make informed, data driven decisions in dynamic financial and economic environments, while also preparing those interested in pursuing doctoral studies in related fields.
Why Choose This Program
This program is ideal for students who want to combine strong quantitative and analytical skills with deep knowledge of economic theory and financial applications. Its curriculum provides a comprehensive foundation in mathematics, computational modeling, economics and finance while offering opportunities to apply these skills in research and practical projects. Faculty mentorship guides learners in developing advanced problem solving, analytical modeling, and strategic evaluation skills. The program also emphasizes integration of theory and practice, fostering the ability to interpret complex financial systems, assess economic policies and design optimized investment strategies. Through applied research, case studies and a thesis project, students develop quantitative expertise, research driven insight, financial analytical skills and strategic decision making abilities, enabling them to succeed in competitive finance, economic analysis or research oriented roles. With its focus on interdisciplinary depth, applied practice and intellectual rigor, the program equips graduates with the tools to excel in both professional and academic pathways within quantitative finance and economics.
Contact Information
Phone: +1 (919) 966-3621
Email: unchelp@admissions.unc.edu
Address: Jackson Hall, 174 Country Club Road, Chapel Hill, NC 27514, USA
