{"id":2153,"name":"Mathematical Science (MS) - Financial Mathematics Master's Along the Way Track","descriptions":[{"id":347305,"description_type":{"id":2,"name":"Catalog Description"},"description":"<p>The Master of Science in Mathematics - Financial Mathematics Along the Way track is a non-terminal Master’s degree program available only to students in <strong>the Mathematics PhD program</strong>. The Financial Mathematics track in the Mathematical Science MS program provides a strong mathematical foundation for careers in finance. It combines rigorous coursework, specialized training in financial applications, and a required experiential component, such as an internship. This preparation enhances students' ability to understand and adapt to evolving financial technologies, setting them apart in a competitive industry.</p><p>The Master of Science in Mathematics - Financial Mathematics Along the Way track requires a minimum of 30 credit hours beyond a bachelor’s degree. It is typically completed within the first 2-3 years of the doctoral program. The degree includes 7 required courses, 2 restricted elective courses, and an experiential learning requirement (3 credit hours).</p><p>The non-thesis experiential learning requirement consists of one of the following options: 1) an internship in financial mathematics (MAP 6946), (2) an approved external or internal workshop in financial mathematics (MAP 6946), or (3) the following two courses with satisfactory grades: MAP 5931 - Proseminar for Financial Mathematics (1 credit) and MAP 5933 - Seminar in Financial Mathematics (2 credits).</p>","primary":false,"program":2153,"update_url":"https://search.cm.ucf.edu/api/v1/descriptions/347305/?format=json"},{"id":347306,"description_type":{"id":3,"name":"Full Catalog Description"},"description":"<p>The Master of Science in Mathematics - Financial Mathematics Along the Way track is a non-terminal Master’s degree program available only to students in <strong>the Mathematics PhD program</strong>. The Financial Mathematics track in the Mathematical Science MS program provides a strong mathematical foundation for careers in finance. It combines rigorous coursework, specialized training in financial applications, and a required experiential component, such as an internship. This preparation enhances students' ability to understand and adapt to evolving financial technologies, setting them apart in a competitive industry.</p><p>The Master of Science in Mathematics - Financial Mathematics Along the Way track requires a minimum of 30 credit hours beyond a bachelor’s degree. It is typically completed within the first 2-3 years of the doctoral program. The degree includes 7 required courses, 2 restricted elective courses, and an experiential learning requirement (3 credit hours).</p><p>The non-thesis experiential learning requirement consists of one of the following options: 1) an internship in financial mathematics (MAP 6946), (2) an approved external or internal workshop in financial mathematics (MAP 6946), or (3) the following two courses with satisfactory grades: MAP 5931 - Proseminar for Financial Mathematics (1 credit) and MAP 5933 - Seminar in Financial Mathematics (2 credits).</p><h2>Track Prerequisites</h2><p>Be currently enrolled in the Mathematics PhD Program in the Financial Mathematics track.</p><p>Students are expected to possess a solid foundation in undergraduate mathematics, including the calculus sequence, differential equations, and linear algebra. Additionally, they should demonstrate mathematical maturity comparable to that attained in an Advanced Calculus course, such as UCF’s MAA 4226.</p><h2>Degree Requirements</h2><h3>Required Courses</h3> 15 Total Credits <ul><li>Complete the following: <ul><li>MAA5237 - Mathematical Analysis (3)</li><li>MAS5145 - Advanced Linear Algebra and Matrix Theory (3)</li><li>MAA5238 - Measure and Probability I (3)</li><li>MAP5641 - Financial Mathematics I (3)</li><li>MAP6642 - Financial Mathematics II (3)</li></ul></li></ul><h3>Required Course Selection</h3> 6 Total Credits <ul><li>Complete all of the following<ul><li>Complete at least 1 of the following: <ul><li>MAP5612 - Computational Methods for Financial Mathematics I (3)</li><li>MAT5712 - Scientific Computing (3)</li></ul></li><li>Complete at least 1 of the following: <ul><li>MAP5606 - Differential Equations for Financial Mathematics (3)</li><li>MAP5336 - Ordinary Differential Equations and Applications (3)</li></ul></li></ul></li></ul><h3>Restricted Electives</h3> 6 Total Credits <ul><li>Earn at least 6 credits from the following: <ul><li>MAP6616 - Computational Methods for Financial Mathematics II (3)</li><li>MAP6646 - Risk Management for Financial Mathematics (3)</li><li>MAP6195 - Mathematical Foundations for Massive Data Modeling and Analysis (3)</li><li>MAP6197 - Mathematical Introduction to Deep Learning (3)</li><li>MAP6207 - Optimization Theory (3)</li><li>STA6857 - Applied Time Series Analysis (3)</li><li>MAP6111 - Mathematical Statistics (3)</li><li>ECO6281 - Financial Economics I: Asset Prices, Risk, and Information (3)</li><li>ECO6282 - Financial Economics II: Continuous-Time Models (3)</li><li>MAP5931 - Proseminar for Financial Mathematics (1)</li><li>MAP5933 - Seminar in Financial Mathematics (2)</li><li>MAP6356 - Partial Differential Equations (3)</li></ul></li></ul><h3>Experiential Learning Requirement</h3> 3 Total Credits <ul><li>Earn at least 3 credits from the following types of courses: Students must earn at least 3 credits to fulfill the experiential requirement. This can be achieved by satisfactorily completing one of the following options: (1) an internship in financial mathematics (MAP 6946), (2) an approved external or internal workshop in financial mathematics (MAP 6946), or (3) the following two courses with satisfactory grades: MAP 5931 - Proseminar for Financial Mathematics (1 credit) and MAP 5933 - Seminar in Financial Mathematics (2 credits).  Additionally, students must deliver an oral presentation summarizing their experience as part of this requirement.</li></ul><h4>Grand Total Credits: <strong>30</strong></h4><h2>Financial Information</h2><p>Graduate students may receive financial assistance through fellowships, assistantships, tuition support, or loans. For more information, see the College of Graduate Studies Funding website, which describes the types of financial assistance available at UCF and provides general guidance in planning your graduate finances. The Financial Information section of the Graduate Catalog is another key resource.</p><h2>Fellowship Information</h2><p>Fellowships are awarded based on academic merit to highly qualified students. They are paid to students through the Office of Student Financial Assistance, based on instructions provided by the College of Graduate Studies. Fellowships are given to support a student's graduate study and do not have a work obligation. For more information, see UCF Graduate Fellowships, which includes descriptions of university fellowships and what you should do to be considered for a fellowship.</p>","primary":false,"program":2153,"update_url":"https://search.cm.ucf.edu/api/v1/descriptions/347306/?format=json"},{"id":347307,"description_type":{"id":4,"name":"Source Catalog Description"},"description":"<p>The Master of Science in Mathematics - Financial Mathematics Along the Way track is a non-terminal Master’s degree program available only to students in <strong>the Mathematics PhD program</strong>. The Financial Mathematics track in the Mathematical Science MS program provides a strong mathematical foundation for careers in finance. It combines rigorous coursework, specialized training in financial applications, and a required experiential component, such as an internship. This preparation enhances students' ability to understand and adapt to evolving financial technologies, setting them apart in a competitive industry.</p> <br /> <p>The Master of Science in Mathematics - Financial Mathematics Along the Way track requires a minimum of 30 credit hours beyond a bachelor’s degree. It is typically completed within the first 2-3 years of the doctoral program. The degree includes 7 required courses, 2 restricted elective courses, and an experiential learning requirement (3 credit hours).</p> <br /> <p>The non-thesis experiential learning requirement consists of one of the following options: 1) an internship in financial mathematics (MAP 6946), (2) an approved external or internal workshop in financial mathematics (MAP 6946), or (3) the following two courses with satisfactory grades: MAP 5931 - Proseminar for Financial Mathematics (1 credit) and MAP 5933 - Seminar in Financial Mathematics (2 credits).</p>","primary":false,"program":2153,"update_url":"https://search.cm.ucf.edu/api/v1/descriptions/347307/?format=json"},{"id":347308,"description_type":{"id":5,"name":"Source Catalog Curriculum"},"description":"<h1>Track Prerequisites</h1><p>Be currently enrolled in the Mathematics PhD Program in the Financial Mathematics track.</p> <br /> <p>Students are expected to possess a solid foundation in undergraduate mathematics, including the calculus sequence, differential equations, and linear algebra. Additionally, they should demonstrate mathematical maturity comparable to that attained in an Advanced Calculus course, such as UCF’s <a href=\"https://sciences.ucf.edu/math/course/maa-4226-advanced-calculus-i/\">MAA 4226</a>.</p><h1>Degree Requirements</h1><div><section><header data-test=\"grouping-0-header\"><div><h2 data-testid=\"grouping-label\"><span>Required Courses</span></h2></div><div><span>15</span><span>Total Credits</span></div><div><div><button aria-label=\"Collapse\"><i></i></button></div></div></header><div><div><ul><li data-test=\"ruleView-A\"><div data-test=\"ruleView-A-result\">Complete the following: <div><ul style=\"margin-top:5px;margin-bottom:5px\"><li><span><a href=\"#/courses/view/60ca7fb7e6bc7968ca73e8a4\" target=\"_blank\">MAA5237</a> <!-- -->-<!-- --> <!-- -->Mathematical Analysis<!-- --> <span style=\"margin-left:5px\">(3)</span></span></li><li><span><a href=\"#/courses/view/60ca7fc95ada374d7aec9f3b\" target=\"_blank\">MAS5145</a> <!-- -->-<!-- --> <!-- -->Advanced Linear Algebra and Matrix Theory<!-- --> <span style=\"margin-left:5px\">(3)</span></span></li><li><span><a href=\"#/courses/view/675312043bcc24b93e319d22\" target=\"_blank\">MAA5238</a> <!-- -->-<!-- --> <!-- -->Measure and Probability I<!-- --> <span style=\"margin-left:5px\">(3)</span></span></li><li><span><a href=\"#/courses/view/60ca7fc2e6bc79384873e8d9\" target=\"_blank\">MAP5641</a> <!-- -->-<!-- --> <!-- -->Financial Mathematics I<!-- --> <span style=\"margin-left:5px\">(3)</span></span></li><li><span><a href=\"#/courses/view/60ca7fc302fd3a6b056d8760\" target=\"_blank\">MAP6642</a> <!-- -->-<!-- --> <!-- -->Financial Mathematics II<!-- --> <span style=\"margin-left:5px\">(3)</span></span></li></ul></div></div></li></ul></div></div></section><section><header data-test=\"grouping-1-header\"><div><h2 data-testid=\"grouping-label\"><span>Required Course Selection</span></h2></div><div><span>6</span><span>Total Credits</span></div><div><div><button aria-label=\"Collapse\"><i></i></button></div></div></header><div><div><ul><li><span>Complete <!-- -->all<!-- --> of the following</span><ul><li data-test=\"ruleView-A\"><div data-test=\"ruleView-A-result\">Complete at least <span>1</span> of the following: <div><ul style=\"margin-top:5px;margin-bottom:5px\"><li><span><a href=\"#/courses/view/60ca7fc29d75357ab38770dc\" target=\"_blank\">MAP5612</a> <!-- -->-<!-- --> <!-- -->Computational Methods for Financial Mathematics I<!-- --> <span style=\"margin-left:5px\">(3)</span></span></li><li><span><a href=\"#/courses/view/60ca7fcd5ada37c20eec9f41\" target=\"_blank\">MAT5712</a> <!-- -->-<!-- --> <!-- -->Scientific Computing<!-- --> <span style=\"margin-left:5px\">(3)</span></span></li></ul></div></div></li><li data-test=\"ruleView-B\"><div data-test=\"ruleView-B-result\">Complete at least <span>1</span> of the following: <div><ul style=\"margin-top:5px;margin-bottom:5px\"><li><span><a href=\"#/courses/view/60ca7fc25a15837b619e7068\" target=\"_blank\">MAP5606</a> <!-- -->-<!-- --> <!-- -->Differential Equations for Financial Mathematics<!-- --> <span style=\"margin-left:5px\">(3)</span></span></li><li><span><a href=\"#/courses/view/60ca7fc2a38edf2ea93ec7aa\" target=\"_blank\">MAP5336</a> <!-- -->-<!-- --> <!-- -->Ordinary Differential Equations and Applications<!-- --> <span style=\"margin-left:5px\">(3)</span></span></li></ul></div></div></li></ul></li></ul></div></div></section><section><header data-test=\"grouping-2-header\"><div><h2 data-testid=\"grouping-label\"><span>Restricted Electives</span></h2></div><div><span>6</span><span>Total Credits</span></div><div><div><button aria-label=\"Collapse\"><i></i></button></div></div></header><div><div><ul><li data-test=\"ruleView-A\"><div data-test=\"ruleView-A-result\">Earn at least <span>6</span> credits from the following: <div><ul style=\"margin-top:5px;margin-bottom:5px\"><li><span><a href=\"#/courses/view/60ca7fc35a1583374a9e706a\" target=\"_blank\">MAP6616</a> <!-- -->-<!-- --> <!-- -->Computational Methods for Financial Mathematics II<!-- --> <span style=\"margin-left:5px\">(3)</span></span></li><li><span><a href=\"#/courses/view/60ca7fc3e6bc79d49d73e8e1\" target=\"_blank\">MAP6646</a> <!-- -->-<!-- --> <!-- -->Risk Management for Financial Mathematics<!-- --> <span style=\"margin-left:5px\">(3)</span></span></li><li><span><a href=\"#/courses/view/60ca7fc3e6bc791b8e73e8df\" target=\"_blank\">MAP6195</a> <!-- -->-<!-- --> <!-- -->Mathematical Foundations for Massive Data Modeling and Analysis<!-- --> <span style=\"margin-left:5px\">(3)</span></span></li><li><span><a href=\"#/courses/view/60ca7fc3e6bc796ef573e8e0\" target=\"_blank\">MAP6197</a> <!-- -->-<!-- --> <!-- -->Mathematical Introduction to Deep Learning<!-- --> <span style=\"margin-left:5px\">(3)</span></span></li><li><span><a href=\"#/courses/view/60ca7fc4e6bc794ed273e8e2\" target=\"_blank\">MAP6207</a> <!-- -->-<!-- --> <!-- -->Optimization Theory<!-- --> <span style=\"margin-left:5px\">(3)</span></span></li><li><span><a href=\"#/courses/view/60ca81589d7535760587739b\" target=\"_blank\">STA6857</a> <!-- -->-<!-- --> <!-- -->Applied Time Series Analysis<!-- --> <span style=\"margin-left:5px\">(3)</span></span></li><li><span><a href=\"#/courses/view/60ca7fc35a158306459e706c\" target=\"_blank\">MAP6111</a> <!-- -->-<!-- --> <!-- -->Mathematical Statistics<!-- --> <span style=\"margin-left:5px\">(3)</span></span></li><li><span><a href=\"#/courses/view/636bf484f23cdbe6a8f82518\" target=\"_blank\">ECO6281</a> <!-- -->-<!-- --> <!-- -->Financial Economics I: Asset Prices, Risk, and Information<!-- --> <span style=\"margin-left:5px\">(3)</span></span></li><li><span><a href=\"#/courses/view/636bf7f8f23cdb79d6f8254b\" target=\"_blank\">ECO6282</a> <!-- -->-<!-- --> <!-- -->Financial Economics II: Continuous-Time Models<!-- --> <span style=\"margin-left:5px\">(3)</span></span></li><li><span><a href=\"#/courses/view/60ca7fc2e6bc795e2873e8da\" target=\"_blank\">MAP5931</a> <!-- -->-<!-- --> <!-- -->Proseminar for Financial Mathematics<!-- --> <span style=\"margin-left:5px\">(1)</span></span></li><li><span><a href=\"#/courses/view/60ca7fc2a8d2fb33a52d83e3\" target=\"_blank\">MAP5933</a> <!-- -->-<!-- --> <!-- -->Seminar in Financial Mathematics<!-- --> <span style=\"margin-left:5px\">(2)</span></span></li><li><span><a href=\"#/courses/view/60ca7fc360402b48e5ae76b4\" target=\"_blank\">MAP6356</a> <!-- -->-<!-- --> <!-- -->Partial Differential Equations<!-- --> <span style=\"margin-left:5px\">(3)</span></span></li></ul></div></div></li></ul></div></div></section><section><header data-test=\"grouping-3-header\"><div><h2 data-testid=\"grouping-label\"><span>Experiential Learning Requirement</span></h2></div><div><span>3</span><span>Total Credits</span></div><div><div><button aria-label=\"Collapse\"><i></i></button></div></div></header><div><div><ul><li data-test=\"ruleView-A\"><div data-test=\"ruleView-A-result\">Earn at least <span>3</span> credits from the following types of courses: <div>Students must earn at least 3 credits to fulfill the experiential requirement. This can be achieved by satisfactorily completing one of the following options: (1) an internship in financial mathematics (MAP 6946), (2) an approved external or internal workshop in financial mathematics (MAP 6946), or (3) the following two courses with satisfactory grades: MAP 5931 - Proseminar for Financial Mathematics (1 credit) and MAP 5933 - Seminar in Financial Mathematics (2 credits).\n\nAdditionally, students must deliver an oral presentation summarizing their experience as part of this requirement.</div></div></li></ul></div></div></section><h3>Grand Total Credits:<!-- --> <strong>30</strong></h3></div><h1>Financial Information</h1><p>Graduate students may receive financial assistance through fellowships, assistantships, tuition support, or loans. For more information, see the College of Graduate Studies <a href=\"https://funding.graduate.ucf.edu/\">Funding website</a>, which describes the types of financial assistance available at UCF and provides general guidance in planning your graduate finances. The Financial Information section of the Graduate Catalog is another key resource.</p> <br /> <p><strong>UCF Student Financial Assistance</strong><br />Millican Hall 120<br />Telephone: 407-823-2827<br />Appointment Line: 407-823-5285<br />Fax: 407-823-5241<br /><a href=\"mailto:finaid@ucf.edu\">finaid@ucf.edu</a><br /><a href=\"http://finaid.ucf.edu/\">Website</a></p><h1>Fellowship Information</h1><p>Fellowships are awarded based on academic merit to highly qualified students. They are paid to students through the Office of Student Financial Assistance, based on instructions provided by the College of Graduate Studies. Fellowships are given to support a student's graduate study and do not have a work obligation. For more information, see <a href=\"https://graduate.ucf.edu/fellowships/\">UCF Graduate Fellowships</a>, which includes descriptions of university fellowships and what you should do to be considered for a fellowship.</p> <br /> <p><strong>Grad Fellowships</strong><br />Telephone: 407-823-0127<br /><a href=\"mailto:gradfellowship@ucf.edu\">gradfellowship@ucf.edu</a><br /><a href=\"https://funding.graduate.ucf.edu/\">Website</a></p>","primary":false,"program":2153,"update_url":"https://search.cm.ucf.edu/api/v1/descriptions/347308/?format=json"}],"credit_hours":30,"online":false,"has_online":false,"profiles":[{"profile_type":{"id":1,"name":"Main Site","root_url":"https://www.ucf.edu/degree-search/"},"url":"https://www.ucf.edu/degree/mathematical-science-ms/financial-mathematics-masters-along-the-way-track/","primary":true,"program":2153,"update_url":"https://search.cm.ucf.edu/api/v1/profiles/1185/?format=json"}],"primary_profile_url":"https://www.ucf.edu/degree/mathematical-science-ms/financial-mathematics-masters-along-the-way-track/","plan_code":"MATH-MS","subplan_code":"FNMTHMSATW","catalog_url":"https://www.ucf.edu/catalog/graduate/#/programs/HyWTj0xdod/S1K258xElx","colleges":[{"name":"College of Sciences","full_name":"College of Sciences","short_name":"COS","slug":"sciences","college_url":"https://sciences.ucf.edu/","profile_url":"https://www.ucf.edu/college/sciences/","update_url":"https://search.cm.ucf.edu/api/v1/colleges/2/?format=json"}],"departments":[{"name":"Data Math Stat Sci, School of","full_name":"Data Math Stat Sci, School of","slug":"data-math-stat-sci-school-of","department_url":null,"school":true,"update_url":"https://search.cm.ucf.edu/api/v1/departments/108/?format=json"}],"level":"Masters","career":"Graduate","degree":"MS","parent_program":{"id":1308,"name":"Mathematical Science (MS)","online":false,"url":"https://search.cm.ucf.edu/api/v1/programs/1308/?format=json"},"subplans":[],"resident_tuition":"369.65","nonresident_tuition":"1276.48","tuition_type":"SCH","outcomes":"https://search.cm.ucf.edu/api/v1/programs/2153/outcomes/?format=json","projection_totals":"https://search.cm.ucf.edu/api/v1/programs/2153/projections/?format=json","careers":"https://search.cm.ucf.edu/api/v1/programs/2153/careers/?format=json","application_deadlines":"https://search.cm.ucf.edu/api/v1/programs/2153/deadlines/?format=json","graduate_slate_id":null,"valid":true,"has_locations":true,"active":true,"start_term":{"full_name":"Fall 2026","semester":"Fall","semester_index":2,"year":2026},"excerpt":"The Master of Science in Mathematics - Financial Mathematics Along the Way track is a non-terminal Master’s degree program available only to students in the...","area_of_interest":"Mathematics And Statistics.","subarea_of_interest":"Applied Mathematics.","highlights":[],"quotes":[]}