Overview
https://www.msmf.miami.edu/academics/bs-msmf-program-5-year/index.html
The BS/MSMF program is a five-year program combining the Probability/Statistics track of the Mathematics undergraduate major with the graduate coursework required for the MS in Mathematical Finance degree. For undergraduates seeking careers in the fields of economics, finance and data science, the BS/MSMF degree offers the appropriate training sought by companies worldwide. Students can achieve the required academic credentials in five years due to the integrated and focused nature of the BS/MSMF degree.
Admission Requirements
You must be an undergraduate student in the College of Arts and Sciences majoring in Mathematics (Probability and Statistics Track), and should have a cumulative GPA of at least 3.0 at the time of application. Students should discuss the program and the possibility of entering with their assigned academic advisor. Applications must be submitted during your junior year. You must be admitted to the program prior to academic advising for your senior year.
Curriculum Requirements
| Code | Title | Credit Hours |
|---|---|---|
| BS IN MATH REQUIREMENTS | 120 | |
| Required Major Courses (23 credit hours) | ||
| Calculus I | ||
or MTH 171 | Calculus I | |
| Calculus II | ||
or MTH 172 | Calculus II | |
| Introduction to Linear Algebra | ||
| Introduction to Abstract Mathematics | ||
| Multivariable Calculus | ||
| Survey of Modern Algebra and Abstract Algebra I | ||
| Advanced Calculus | ||
or MTH 533 | Introduction to Real Analysis I | |
| Probability and Statistics Track (12 credit hours) | ||
| Introduction to Probability and Statistics | ||
| Introduction to Probability and Introduction to Mathematical Statistics | ||
| Statistical Analysis | ||
| Other Requirements (85 credit hours) | ||
| Introduction to Mathematical Finance | ||
University and School/College Specific General Education Requirements and Electives 1, 2, 3 | ||
| MSMF REQUIREMENTS | 30 | |
| Financial Investment | ||
| Quantitative Stock Portfolio Management | ||
| Alternative Investments | ||
| Partial Differential Equations I | ||
| Statistical Analysis II with Financial Applications | ||
| Optimization Methods | ||
| Stochastic Calculus with Application to Finance | ||
| Computational Methods of Finance | ||
MTH/CSC Elective | ||
Master's Thesis/Project | ||
| Total Credit Hours | 150 | |
Sample Plan of Study
| Freshman Year | ||
|---|---|---|
| Fall | Credit Hours | |
| MTH 161 | Calculus I | 4 |
| WRS 105 | First-Year Writing I | 3 |
| Other | 9 | |
| Credit Hours | 16 | |
| Spring | ||
| MTH 162 | Calculus II | 4 |
| WRS 106, 107, or ENG 106 | First-Year Writing II or First-Year Writing II: STEM or Writing About Literature and Culture | 3 |
| Other | 9 | |
| Credit Hours | 16 | |
| Sophomore Year | ||
| Fall | ||
| MTH 210 | Introduction to Linear Algebra | 3 |
| MTH 224 | Introduction to Probability and Statistics | 3 |
| Other | 9 | |
| Credit Hours | 15 | |
| Spring | ||
| MTH 230 | Introduction to Abstract Mathematics | 3 |
| MTH 310 | Multivariable Calculus | 3 |
| Other | 9 | |
| Credit Hours | 15 | |
| Junior Year | ||
| Fall | ||
| MTH 542 | Statistical Analysis | 3 |
| MTH 433 | Advanced Calculus | 3 |
| Other | 9 | |
| Credit Hours | 15 | |
| Spring | ||
| MTH 311 | Introduction to Ordinary Differential Equations | 3 |
| MTH 461 | Survey of Modern Algebra | 3 |
| Other | 9 | |
| Credit Hours | 15 | |
| Senior Year | ||
| Fall | ||
| MTH 524 | Introduction to Probability | 3 |
| MTH 547 | Introduction to Mathematical Finance | 3 |
| Other | 9 | |
| Credit Hours | 15 | |
| Spring | ||
| MTH 525 | Introduction to Mathematical Statistics | 3 |
| MTH 320 | Introduction to Numerical Analysis ( recommended) | 3 |
| Other | 7 | |
| Credit Hours | 13 | |
| Fifth Year (Graduate) | ||
| Fall | ||
| MTH 645 | Optimization Methods | 3 |
| MTH 649 | Computational Methods of Finance | 3 |
| MTH 613 | Partial Differential Equations I | 3 |
| FIN 650 | Financial Investment | 2 |
| Credit Hours | 11 | |
| Spring | ||
| MTH 643 | Statistical Analysis II with Financial Applications | 3 |
| MTH 648 | Stochastic Calculus with Application to Finance | 3 |
| FIN 651 | Quantitative Stock Portfolio Management | 2 |
| FIN 653 | Alternative Investments ( or other Finance elective) | 2 |
| MTH/CSC elective | 3 | |
| Credit Hours | 13 | |
| Summer | ||
| MSMF Thesis/Project | 6 | |
| Credit Hours | 6 | |
| Total Credit Hours | 150 | |
