Master of Financial Mathematics in Western Ontario, Canada
Master of Financial Mathematics, University of Western Ontario, Canada, with a two-year academic system.
A brief introduction to the major of financial mathematics at the University of Western Ontario, Canada
Financial mathematics is a new frontier science, which is the intersection of mathematics and finance. It came into being and developed on the basis of two Wall Street revolutions, and its core issues are the selection theory of optimal investment strategy and the asset pricing theory under uncertain environment.
Simply put, financial mathematics is to solve financial problems by mathematical methods. In the history of financial mathematics, it can be said that the mainstream research direction of financial mathematics is based on these award-winning works.
2. Employment development direction of financial mathematics in the University of Western Ontario, Canada.
Although investment banking is the main employment industry for financial mathematicians, the skills taught in this major are also applicable to other industries, and there are many research opportunities. For example, companies engaged in commodity trade or international trade (energy companies, airlines, large steel companies, mining companies and international companies) will face commodity price risks and foreign exchange risks. They hire financial mathematicians to deal with these risks. At present, there is a serious shortage of trained financial mathematicians, so this means that there is a great demand for graduates in the market.
3. Entry requirements for the Master of Financial Mathematics at the University of Western Ontario, Canada
1. interview: whether you have TOEFL or IELTS scores, you must pass the written test and interview of the school.
2. Language score: TOEFL 90 or IELTS 6.5 or pass the school interview and written test.
3. Bachelor degree with a GPA of not less than 80/ 100.
4. Professional background requirements: students majoring in mathematics, statistics, economics, or science and engineering with a good mathematical foundation.