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Detailed explanation and application of financial mathematics specialty in Stanford University
Stanford University is undoubtedly a dream institution in the eyes of students, with strong advantages in all aspects and obvious advantages in their respective fields. The following is an introduction to the financial mathematics major of Stanford University. This project is theoretical from 1 to 1 year and a half, focusing on research. There is no scholarship, and of course it is difficult to apply.

The world-famous Stanford University has an admission threshold commensurate with its high reputation. This project is located under the Department of Mathematics, 1- 1.5 years. Without scholarships, the course is very theoretical and research-oriented. For example, you can choose the doctoral course of Professor Duffie from Stanford Business School. He is a world-class master of asset pricing theory. This program recruits 30 people every year, and a small part is for Stanford undergraduates. Among many schools offering MFE programs, Stanford is not the most competitive, but the admission criteria are the most stringent. Applicants should have a very good mathematical foundation and a good understanding of the financial industry. Some people who were rejected by it were admitted to more competitive schools, which shows the strictness of Stanford. However, this year, Stanford admitted several talents from Peking University, Fudan University and Nanda University, and it felt quite generous.

Advantages of Stanford financial mathematics project: Stanford, a star school on the west coast of the United States. Its statistics department and mathematics department are very strong, and the business school is also famous in the financial field. With the participation of business schools, the resource advantage should not be too bad. This major belongs to the collaboration of several departments, so the overall arrangement of all aspects is very suitable for the comprehensive study of financial mathematics. The curriculum of this major is a model of compulsory courses plus elective courses, and the difficulty is the highest among all top majors, reaching the curriculum difficulty of PhD. Therefore, reading is very difficult for people with weak backgrounds.

Stanford's fame has attracted many admitted students to give up the admission of other top universities and come here, which shows its charm. Every year, applicants from China are admitted with a good background of. 1point3acres.com/BBS. I like the French better, too. It is said that as many as 4-5 French senior engineers are admitted every year, because Stanford is said to be more famous in Europe than Ivy League, because he is not as snobbish as Ivy League schools. Famous professors of this major include Darrell Duffie and Kenneth J. Singleton, who were the first to study risk management and credit derivatives. The professor who teaches credit derivatives at CMU is Darrell Duffy's student. The study time of this major is flexible, which can be accelerated or delayed. For those who are slow learners, you can find an internship in the middle, which is very helpful to increase your background.

? Possible disadvantages of Stanford's financial mathematics: In the face of strong competition from UC @ Berkeley, Stanford seems to have fallen behind. In terms of employment, it did not show the demeanor that a prestigious school should have. Every year, graduates return to China to find jobs. The course seems to be too theoretical and the proportion of practical application is not enough. There are also 15% graduates who have gone to PhD. But Stanford seems to insist on its own characteristics. In the graduation report of this major, it is clearly stated that they have advantages that other top majors do not have: statistics are stronger than NYU;; Math is better than brother; It has greater resource advantages than a single department in running a joint school. But it seems that these advantages are not better reflected in the employment rate. Geographical location is also a disadvantage of this major. But Berkeley can overcome it appropriately, and I believe Stanford can also mitigate the impact of this disadvantage.

? Stanford Financial Mathematics Application Suggestion: This major likes applicants with science and engineering background. Applicants with economic and financial backgrounds also have opportunities. But no matter what academic background, it is best to have internship experience, which is the favorite comprehensive background of this major. And this major is especially open to applicants in our school. G, TOEFL early, if possible, take a GRE math special course to improve your academic background; Friends with weak background in mathematics or programming should be prepared for hardship. Pay attention to personal statements when applying, and try to find professors who teach mathematics, statistics and computers to write letters of recommendation. At least two of the three letters are academic letters of recommendation.

I'd like to introduce you to the details of financial mathematics major in Stanford University, hoping to make it convenient for students who apply, and remind you that preparing early and applying early can give you more advantages.