Analysis of Financial Mathematics Major in Johns Hopkins University, USA
Project introduction
The Master of Financial Mathematics Program of Johns Hopkins University is a master's degree in engineering provided by the Department of Applied Mathematics and Statistics. The project lasts for three semesters, starting in late summer and ending in mid-June 5438+February of the following year. Students with strong quantitative undergraduate background are encouraged to apply for this program.
The goal of this project is to train the next generation of leaders in the field of financial mathematics. Therefore, the project not only focuses on strengthening students' quantitative ability, but also focuses on transforming practical problems into mathematical models and transmitting the results to professionals and non-professionals.
There is no doubt that mastering computer knowledge is necessary for financial mathematics, so every student should have the knowledge of using computers in financial mathematics. This knowledge includes: computer programming (C, C++), application of numerical software, symbolic operation, algorithm and realization of data interface. Effective communication skills are also important. The project will strengthen students' communication and presentation skills through seminars and course paper presentations.
Deadline: 2065 438+07 65438+ 10/5.
Project website:
http://engineering . jhu . edu/AMS/graduate-studies/financial-mathematics-masters-program/
course
Students enrolled in the fall of 20 16 can choose the following two forms to complete this project.
1. No branch selected.
Four core financial mathematics courses:
550.442 investment science, investment science
550.444 Introduction to Financial Derivatives, Introduction to Financial Derivatives.
550.445 Interest rate and credit derivatives, interest rate and credit derivatives
550.448 Financial engineering and structured products or 550.446 Financial market risk measurement/management, financial engineering and structured products or financial market risk measurement/management.
Five core applied mathematics courses:
550.427 stochastic process and its application in finance, stochastic process and its application in finance.
550.433 Monte Carlo method
550.4 13 applied statistics and data analysis, applied statistics and data analysis.
550.439 time series analysis, time series analysis
550.4438+0 financial optimization, financial optimization
3 elective courses:
Courses of applied mathematics and statistics
Financial mathematics course
Different courses.
2. Select a branch
There are five branches to choose from: risk management, asset management, derivatives, quantitative trading/algorithmic trading/high-frequency trading, fixed income &; Futures.
No matter which branch you choose, the courses you need to complete are:
Two core courses of financial mathematics: 550.444 Introduction to Financial Derivatives, Introduction to Financial Derivatives; And 550.445 interest rate and credit derivatives, interest rate and credit derivatives.
Three core courses of applied mathematics: 550.427 stochastic process and its application in finance, stochastic process and its application in finance; 550.4 13 applied statistics and data analysis, applied statistics and data analysis; 550.439 time series analysis, time series analysis
In addition to courses, there are two forms: master's seminar on financial mathematics, communication skills training and summer internship. Students can use the first year's winter vacation and the second year's summer vacation to carry out related internships.
Application requirements
1. Background requirements. Undergraduate majors are engineering, mathematics, science, finance or economics, and should complete the following courses: calculus &; Multivariate calculus, linear algebra, differential equations, probability theory and statistics, microeconomics and macroeconomics, computer programming (such as C++), and at least two courses to write proofs (such as analysis, abstract algebra and topology).
2. Application materials:
The application fee is 75 dollars;
GRE score, send sub-code 5332, no GMAT；;
TOEFL or IELTS score, TOEFL delivery code 5332;
3 letters of recommendation;
Unofficial transcript;
Personal statement;
Other information conducive to the application.