Mathematical Finance
The Master of Science in Mathematical Finance at the University of Miami is designed to equip students with a strong quantitative foundation for understanding modern financial systems. This 1.5-year full-time program merges advanced mathematical theory with core principles in finance, offering an interdisciplinary curriculum that emphasizes analytical reasoning, computational tools, and financial modeling. Students gain hands-on experience in quantitative analysis and develop the ability to evaluate risk, manage portfolios, and construct pricing strategies for complex financial instruments.
This program targets individuals with a background in mathematics, engineering, or economics who are looking to apply their analytical skills in the finance industry. Courses are taught by faculty members with expertise in both applied mathematics and financial theory, enabling students to develop a deep understanding of areas such as derivatives, stochastic processes, and numerical methods. The program structure is intentionally rigorous, with practical case studies and opportunities to work on real-world data, ensuring graduates are ready for roles in investment banking, risk management, and financial consulting.
Key information
Key Facts
- Program Title: Mathematical Finance
- Degree Type: Master of Science
- Duration: 1,5 years
- Mode of Study: Full-time, On Campus
- Application Deadline: 15 March 2026
- Location: University of Miami, United States
- Field of Study: Applied Mathematics
- Language of Instruction: English
Program Structure
Semester 1 – Foundations of Mathematical Finance
• Probability Theory and Stochastic Processes
• Financial Economics
• Applied Linear Algebra for Finance
• Introduction to Derivative Securities
Semester 2 – Quantitative Methods & Modeling
• Numerical Methods in Finance
• Portfolio Theory and Asset Pricing
• Risk Management and Regulation
• Financial Markets and Instruments
Semester 3 – Applied Practice & Research
• Advanced Derivatives Modeling
• Computational Finance and Machine Learning
• Capstone Project or Research Thesis
• Seminar: Industry Applications in Mathematical Finance
Career Opportunities
Graduates of this program pursue roles as quantitative analysts, risk managers, derivatives traders, and financial engineers in top-tier banks, hedge funds, fintech firms, and consulting companies. The strong analytical skillset developed through this curriculum is also in demand at regulatory agencies, investment firms, and corporate finance departments. This degree is particularly suited for those seeking careers at the intersection of mathematics and finance, providing the expertise to tackle sophisticated financial problems, build algorithmic models, and navigate the evolving complexities of global financial systems with precision and insight.
Why Choose This Program
This program stands out for its rigorous quantitative training, real-world application focus, and cross-disciplinary perspective. Students at the University of Miami benefit from small class sizes, personalized mentorship, and direct access to a professional network spanning academia and industry. The curriculum is carefully balanced to prepare graduates for immediate employment while also offering a solid foundation for future doctoral study or CFA/FRM certification paths. For those aiming to thrive in competitive, data-driven financial environments, this program delivers both the theoretical depth and practical edge needed to succeed.
Contact Information
For further information, please contact the admissions office at:
Phone: +1 305 284 2000
Email: admissions@miami.edu
Address: University of Miami, 1320 S Dixie Hwy, Coral Gables, FL 33146, United States
