Mathematical Finance

John Huston

Department of Economics
One Trinity Place
San Antonio, TX 78212
210-999-7255 fax


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The Mathematical Finance major is an interdisciplinary study of financial markets.

Increasingly, firms of all types–and financial institutions in particular–rely on sophisticated mathematical models to understand financial markets, to evaluate financial instruments, and to measure and manage risk. To understand and utilize these models, students need specific capabilities that can be only gained from study in the fields of economics, finance and mathematics.

The major is specifically designed for students considering graduate studies in Finance, Applied Financial Economics, Mathematical Finance, Applied Mathematics or Actuarial Science. In particular, students already majoring in Economics, Business or Mathematics will augment their career options by adding Financial Mathematics to their knowledge base.

Students who graduate with a degree in mathematical finance have a wide range of career choices, including commercial banking, corporate finance, financial planning, investment banking, money management, and real estate. Students who are interested in applications of mathematics and statistics to risk management and insurance can also consider a career in actuarial science.