Santa Clara University


New Concentration in Mathematical Finance Offered by Department of Applied Mathematics

Responding to growing student interest, the Department of Applied Mathematics has added a concentration in mathematical finance to their master’s of science degree program. Stephen Chiappari, department chair, notes, “Increasingly, firms are relying on highly complex mathematical models to identify, assess, and manage risk. This concentration provides graduates with the extensive skills in both mathematics and finance needed to pursue careers in fields such as investment banking, portfolio management, corporate finance, financial modeling, and software development.”

A truly interdisciplinary program has emerged as faculty from several departments on campus—applied mathematics in engineering, finance and OMIS in business, and mathematics in arts and sciences—collaborated to develop this distinctive area of study. Approximately half of the required courses are taken from the Department of Applied Mathematics, with the remainder split among several departments within SCU’s Leavey School of Business

Aside from offering the M.S. degree in Applied Mathematics, the department serves numerous other students within the School of Engineering and across campus. The depth and breadth of mathematical teaching provided by this department enriches students’ problem-solving capabilities and enhances their ability to delve deeper into the study of challenging concepts within many other fields of study.

Students in the School of Engineering are extremely fortunate to have the opportunity to draw on the expertise provided by the dedicated professors and term lecturers who teach in the department, conduct research, and serve as academic advisors and mentors. Their commitment to scholarship and excellence is inspirational.