A program that focuses on the application of mathematics and statistics to the finance industry, including the development, critique, and use of various financial models. Includes instruction in probability theory, statistical analysis, numerical methods, computation and simulation methods, stochastic processes, economics, and financial markets and applications.
For all the 4,552 degrees awarded in Financial Mathematics per year, the majority of them are Masters degree. Out of the 387 students earning degrees at the Bachelors degree level across the US, 58% percent identify as men and 42% percent identify as women. While students at schools all over the country study Financial Mathematics, California has the most graduates. The average starting salary for a graduate with a bachelor's degree in Financial Mathematics is $56,100.
If you’re interested in Financial Mathematics, then you should consider these top colleges, including the University of Connecticut, Massachusetts Institute of Technology and Stevens Institute of Technology. The University of Connecticut is our best ranked institution for a degree in Financial Mathematics with 25 students graduating with this major annually at the Bachelors degree level. Learn more about college options in the table below.
For Financial Mathematics majors, some of the most in demand careers include Natural Sciences Managers, Mathematical Science Teachers, Postsecondary and Economists. Not only that, Financial Mathematics graduates may land a high-paying job, such as Natural Sciences Managers or Mathematicians.