To be officially launched this fall, the new Master of Science in Financial Mathematics program aims to produce the next generation of financial markets leaders, by sending its graduates to brokerages, trading floors, hedge fund companies, and banks around the world. Housed within the Department of Applied Mathematics and Statistics, the Financial Mathematics master’s program is based in probability, statistics, optimization, partial differential equations, and scientific computing.
“Financial Mathematics quantifies and enables much of the modern interplay among companies, investors, and financial agents in global markets,” explains David Audley, PhD ’72, who spent 35 years in the financial markets industry before returning to Hopkins to teach a new generation of financial mathematicians.
Dan Naiman, who heads the Department of Applied Mathematics and Statistics, believes the new program will enhance students’ quantitative abilities, and strengthen their ability to communicate with specialists and non-specialists alike. “Fundamentally,” he says, “we are giving our graduates the ability to translate real-world problems into mathematical ones and determine solutions that can be applied in the global markets industry.”
Master of science in engineering management
Based within the school’s Center for Leadership Education, the Master of Science in Engineering Management (MSEM) program offers an equal blend of graduate-level engineering knowledge with professional development training including communications, management, law, leadership, entrepreneurship, and technology commercialization.
Beginning this fall, students can enter the MSEM program directly after graduation from a bachelor’s program or after a few years of professional experience, but must have a bachelor’s degree in engineering, mathematical sciences, or natural science and are expected to have completed courses in accounting and marketing. And undergraduates can choose to combine the program with their undergraduate work, creating a five-year bachelor’s/master’s program.