UNC Charlotte’s Master of Science in Mathematical Finance program in late 2014 was ranked No. 25 in the country by Financial Engineer.
This is the first national ranking for the Mathematical Finance program, which currently enrolls more than 100 students. The 2015 rankings are calculated based on a series of factors, including average GRE scores, starting salaries and bonuses, undergraduate GPA, acceptance rates and the number of employed graduates.
UNC Charlotte’s Mathematical Finance program is a joint program of the Department of Mathematics and Statistics in the College of Liberal Arts & Sciences and the Departments of Finance and Economics in the Belk College of Business. The city of Charlotte is the second-largest financial center in the United States.
The Master of Science in Mathematical Finance program at UNC Charlotte is designed to prepare students to pursue careers in finance. Increasingly firms of all types, but especially financial institutions, investment banks, commercial banks, insurance companies, investment funds, commodity firms, regulatory agencies and rating agencies, among many others, rely upon highly sophisticated finance models and tools to identify, measure, manage and hedge risk. The advent of these models has triggered the emergence of a new discipline, Mathematical Finance. This new discipline, sometimes also referred to as “financial engineering,” “computational finance,” or “quantitative finance,” requires professionals with extensive skills in both finance and mathematics.
The Mathematical Finance program draws upon faculty from three departments within UNC Charlotte: the Department of Finance from the Belk College of Business, the Department of Economics from the Belk College of Business, and the Department of Mathematics and Statistics from the College of Liberal Arts & Sciences. In addition, faculty members from the College of Computing and Informatics and the Department of Business Information Systems & Operations Management in the Belk College of Business are involved in teaching several concentration courses. The program also invites highly experienced executives from the Charlotte-area to teach several concentration courses.
Financial Engineer publishes rankings for financial engineering, financial mathematics, quantitative finance, computational finance and mathematical finance graduate programs in the United States.
