The Department of Mathematics is proud to offer a certificate in Mathematical Finance. The certificate aims to expose Rutgers undergraduates to quantitative and mathematical underpinnings of finance. Certificate holders will be able to:
- Understand and be capable of implementing discrete- and continuous-time models for financial applications;
- Verify correctness of models and their implementation;
- Make reasonable modifications to models in order to fit particular applications;
- Be informed users of models, appreciating their limitations as well as their usefulness.
Students completing the certificate in Mathematical Finance will be well prepared for careers on Wall Street, in financial services, or for graduate study in quantitative finance and related areas.
The certificate requires three courses. 01:640:485 (Introduction to Mathematical Finance) introduces students to financial products and the mathematical approaches to pricing derivative securities using no-arbitrage arguments. In 01:640:489 (Computational Finance), students gain practical experience by implementing financial models and working with data. The course 01:640:490 (Topics in Mathematical Finance) is a project-based course. Here, students work in groups to develop research problems and then solve and present their work.
The certificate is open to all Rutgers undergraduates who have completed the three core course requirements and have earned a minimum grade of a C in each core course.
Course Requirements:
01:640:485 Introduction to Mathematical Finance
01:640:489 Computational Finance
01:640:490 Topics in Mathematical Finance
Certificate Complete Form:
To finalize the certification process, please complete this form, which is the final step in confirming your earned certificate: < link coming soon >
Please note that the certificate completion form will only be processed in January and May. January graduates can submit their forms starting in December, while May graduates can submit them starting in April.
IMPORTANT: The processing of the certificate completion form is contingent upon the student fulfilling all requirements, namely achieving a grade of C or higher in the three required courses. Kindly submit the form only after completing the requirements and after grades have been released.
Faculty Contact: For curriculum-related questions, contact Professor Kasper Larsen at . For requirement-related questions or to submit your certificate completion form, contact the Math Advisor at .