Mathematics for Finance (MAFI) Certificate
This Program is not admitting new students starting Fall 2024.
In the last two decades, financial markets and their impact on world economies have significantly increased their reliance on sophisticated mathematically based methods in assessing risk and implementing financial strategies.
These methods are rooted from the fields of probability, statistics and differential equations. The Mathematics for Finance Certificate provides students, with a strong mathematical background, the opportunity to gain the skills and knowledge to apply mathematics in solving problems arising in economics, finance and risk management.
Information on the MAFI Certificate
The Faculty contact is Mahesh Agarwal, Associate Professor of Mathematics. Information on program prerequisites and requirements and goals can be found below.
Mathematics for Finance Certificate consists of two prerequisites: Math 115 Calculus I and Math 116 Calculus II
12 or 13 additional upper-division credits in Mathematics and Statistics are required.
Econ 201 or Econ 202 or both are highly recommended but not required.
See course options and special notes regarding the certificate program.
Mathematics for Finance Certificate will:
- Teach students modern mathematical and computational skills motivated by applications in finance and economics.
- Expose the students to the mathematics of randomness with a rigorous but applied probability course.
- Prepare students for graduate programs in the field of Financial Mathematics.
In order to receive a certificate, students must complete a Certificate Completion Application. The application should be completed at the beginning of the term in which they expect to complete their certificate requirements.
Department of Mathematics and Statistics
4901 Evergreen Road
Dearborn, MI 48128
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