How about Cornell University's Master of Mathematics and Finance?
Diversification of research fields:
Mathematical finance is a mathematical field that studies financial markets. The research topics of the Master of Mathematics and Finance at Cornell University include market trading mechanism, called market microstructure, corporate management decision, called corporate finance, investment management and derivative securities.
In each of these fields, complex mathematics is used for modeling purposes. Stochastic process theory, stochastic optimization, partial differential equations and simulation methods are just some mathematical tools used. For example, in the field of derivatives, stochastic calculus is used to price call options of common stock. Call option is a kind of financial security, which gives the holder the right to buy common stock at a fixed price on or before a fixed future date.
In addition, using stochastic calculus, the price of call options can be characterized as the expected value of nonlinear and random returns on a future date. Numerical methods, such as Monte Carlo simulation, are usually used to calculate these expected values.
Have first-class teachers:
Cornell University's master's teachers in mathematics and finance come from 14 Engineering College, Arts and Sciences College, Agriculture and Life Sciences College and Samuel Curtis Johnson Graduate School of Management. In addition, teachers have a wide range of research interests, including mathematical biology and physics, probability theory, nonlinear dynamics, numerical analysis, network theory, optimization, mathematical finance, signal processing, mathematical physics and game theory.
The application is highly selective:
Cornell University's Master of Mathematics and Finance program provides a rigorous postgraduate course, which combines learning and research opportunities under the guidance of internationally renowned teachers. The plan requires strong quantitative and analytical skills, and provides opportunities for creative research in the 14 department. In addition, the program is strictly academic and needs independent investigation and results, which is the characteristic of the highest level of original academic works.
Tips: Cornell University's Master of Mathematics and Finance is a relatively good major, which is worth studying. Therefore, it is recommended that students who apply must prepare as soon as possible. If you still don't know where to start, then Mr. Tops is your best choice. Our teacher will definitely give you the most professional advice and the best school selection service to help you get the dream school offer as soon as possible!