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Universities / University of Southern California

MS in Mathematical Finance (MSMF)

A math-heavy Dornsife degree integrating economics, mathematics, econometrics/statistics and numerical analysis. Core stochastic calculus, financial informatics and time series, with electives in quantitative investing, machine learning and optimal control.

What you’ll study

Core

  • MATH 530a/b Stochastic Calculus and Mathematical Finance
  • MATH 512 Financial Informatics and Simulation
  • MATH 590 Directed Research
  • ECON 500 Microeconomic Analysis and Policy (waivable)
  • ECON 515 Time Series Analysis
  • ECON 577 Foundations of Financial Economics

Electives

  • FBE 551 Quantitative Investing
  • FBE 555 Investment Analysis and Portfolio Management
  • FBE 559 Management of Financial Risk
  • MATH 541a/b Introduction to Mathematical Statistics
  • MATH 547 Mathematical Foundations of Statistical Learning Theory
  • MATH 501 Numerical Analysis and Computation
  • MATH 548 Machine Learning in Quantitative Finance
  • MATH 585 Mathematical Theory of Optimal Control
  • ECON 504 Game Theory
  • ECON 514 Empirical Finance
  • ECON 555 Topics in Asset Pricing Theory
  • ECON 570 Big Data Econometrics

Source: dornsife.usc.edu ↗

Before you apply

Background
Recent graduates in applied maths, physics, engineering, or economics/business/finance with strong maths
Maths
advanced calculus/analysis (one semester); linear algebra (one semester); advanced probability/statistics (one semester)
Programming
MATLAB and C/C++ helpful, not required
Tests
GRE General Test highly recommended
Other
Statement of purpose and three recommendation letters

Source: dornsife.usc.edu ↗

After graduation

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Checked 6 November 2026 against the sources linked on this page. Fees, units and requirements change each year, so confirm them on the programme’s website before applying.

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