Financial Mathematics

Degrees Offered:
 Program Title 

 Ph.D. 

 Ed.D. 

 M.S. 

 M.A. 

Master 
of 

 M.Ed. 

 MFA 
Financial Mathematics 

   

   

   

   

 Y 

   

   

GRADUATE FACULTY

Director of Graduate Programs:
J. S. Scroggs, Box 8205, 5-7817, scroggs@unity.ncsu.edu, Mathematics

Distinguished University Professor of Industrial Engineering for International Competitiveness:  S. E. Elmaghraby
William Neal Reynolds Professor:  D. A. Dickey

Professors: R. H. Bernhard, P. Bloomfield, P. L. Fackler, S. K. Ghosh, K. Ito, N. G. Medhin, S. G. Pantula, J. J. Seater, T. Vukina, J. R. Wilson; Associate Professors: J. Gervais, M. J. Kang, T. Pang, D. Pelletier, J. S. Scroggs, C. E. Smith; Assistant Professors: B. J. Reich, M. J. Roberts, W. Sun, Y. Wu

Fields of Graduate Instruction - Financial Mathematics

The Departments of Agricultural and Resource Economics, Economics, Industrial and Systems Engineering, Mathematics, and Statistics offer a program leading to the degree of Master of Financial Mathematics.  After completing the core requirements, students choose electives to suit their individual needs and interests.

Admissions Requirements: Applicants for admission should have an undergraduate degree that would preferably include courses in advanced calculus, modern algebra, and linear algebra. It is strongly recommended that applicants take the GRE Advanced Test in Mathematics.

Master of Financial Mathematics Requirements: In addition to course requirements (six core courses and four electives), the Master of Financial Mathematics degree requires completion of a three-credit internship or research project.

Student Financial Support: No financial aid is available on a regular basis. Some funding is available through a limited number of scholarships.  Consideration for the scholarships is automatic.

REQUIRED CORE COURSES

ECG(MA) 790 Advanced Special Topics
ECG 590 Special Economics Topics (Asset Pricing)
ISE 711 Capital Investment Economic Analysis
MA(ST) 546 Probability and Stochastic Processes I
MA 547 Financial Mathematics
ST 522 Statistical Theory II

GRADUATE COURSES

MBA 522 Portfolio and Capital Market Theory
MBA 526 International Finance
MBA 529 New Firm Financing
MBA 590 Special Topics in Business Management (Advanced Corporate Finance)
 ECG 716 Topics in Environmental and Resource Economics
ECG 749 Monetary Aspects Of International Trade
ECG(ST) 751 Econometrics
ECG(ST) 752 Topics in Econometrics
ECG 784 Advanced Macroeconomics
ISE 709 Dynamic Programming
ISE 712 Bayesian Decision Analysis for Engineers and Managers
MA(ST) 747  Probability and Stochastic Processes II
MA(ST) 748  Stochastic Differential Equations
MA 584 Numerical Solution of Partial Differential Equations-Finite Difference Methods
ST 730 Applied Time Series Analysis
ST 782 Time Series Analysis: Time Domain
ST 783 Time Series Analysis: Frequency Domain
ST 810 Advanced Topics in Statistics

NCSU Graduate Catalog