B.S. in Financial Mathematics

Boston

 

INTAKE: Jan & Sept

Program Overview

Simmons University's B.S. in Financial Mathematics program is designed to provide students with a unique blend of mathematical expertise and financial acumen. Rooted in a commitment to women's education, this program equips students with the quantitative skills needed to analyze financial markets, model complex financial instruments, and make informed decisions. The curriculum integrates mathematical theory with real-world applications, preparing graduates for roles at the intersection of mathematics and finance.

Curriculum: The curriculum of the B.S. in Financial Mathematics at Simmons University is structured to develop a strong foundation in both mathematics and finance. Core courses may include calculus, probability theory, financial modeling, and statistical analysis. Students may have the opportunity to explore advanced topics such as stochastic calculus, risk management, and financial derivatives, tailoring their education to their specific interests and career aspirations.

Research Focus: Simmons University places a strong emphasis on research within the B.S. in Financial Mathematics program. Students are encouraged to engage in research projects that apply mathematical concepts to real-world financial challenges. The program aims to develop students' research and analytical skills, preparing them to contribute to advancements in financial mathematics.

Industry Engagement: Recognizing the practical applications of financial mathematics, the program fosters strong ties between students and industry partners. Internship opportunities, collaborative projects, and guest lectures from professionals in the financial sector provide students with real-world insights and experiences. This industry engagement ensures that graduates are well-prepared for the demands of the financial mathematics field.

Global Perspective: The B.S. in Financial Mathematics program at Simmons University incorporates a global perspective by exploring the application of mathematical models to global financial markets. Courses may cover international financial systems, currency markets, and the impact of global economic trends on financial decision-making. The program prepares students to navigate the complexities of the global financial landscape using mathematical principles.

Pollster Education

Location

Boston

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

USD 21460

Undergraduate Entry Requirements

Academic Requirements: Prospective undergraduate students are required to have a minimum academic achievement of 80% or above in their previous educational qualifications.

English language proficiency:

  • IELTS Requirement: An overall IELTS score of 6.5 is required.
  • TOEFL Requirement: A minimum overall score of 89 is often required.
  • PTE Requirement: A minimum overall score of 60 is often required.

Students must provide:

  • academic marksheets & transcripts
  • letters of recommendation
  • a personal statement - SOP
  • passport
  • other supporting documents as required by the university.

It is important to note that meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as availability of places and competition for the program. Additionally, some courses may have higher entry requirements or additional selection criteria, such as interviews or portfolio submissions.

Simmons University is dedicated to fostering diversity and academic excellence by providing a range of scholarships specifically designed for international students. These scholarships aim to recognize merit, support financial needs, and attract exceptional individuals from around the world.

Merit-Based Scholarships: Simmons offers competitive merit-based scholarships for outstanding international students who demonstrate exceptional academic achievements, leadership skills, and a community service. These scholarships are designed to reward and encourage excellence in various fields of study.

Need-Based Financial Aid: Simmons University is inclusivity, and its need-based financial aid programs aim to support international students with demonstrated financial need. These aid packages may include grants, loans, or work-study opportunities, ensuring that financial constraints do not hinder academic pursuits.

Specialized Scholarships: Simmons provides specialized scholarships for international students based on their field of study, interests, or unique accomplishments. These targeted scholarships may be available for specific academic programs, research endeavors, or contributions to specific communities.

Diversity and Inclusion Scholarships: Simmons University values diversity, and its Diversity and Inclusion Scholarships are designed to support students from underrepresented backgrounds. These scholarships contribute to creating a vibrant and inclusive academic community at Simmons.

Global Engagement Scholarships: Recognizing the importance of global perspectives, Simmons offers Global Engagement Scholarships to international students who have demonstrated a fostering international understanding and collaboration. These scholarships encourage cross-cultural exchange and global citizenship.

EmpowerHer Scholarship: Simmons University, with its empowering women, may offer specific scholarships like the EmpowerHer Scholarship, supporting outstanding female international students in their pursuit of higher education and leadership roles.

Graduates of Simmons University's B.S. in Financial Mathematics program possess a unique skill set that blends mathematical proficiency with financial expertise, making them well-suited for roles at the intersection of mathematics and finance. 

Quantitative Analyst: Graduates can pursue roles as quantitative analysts, utilizing mathematical models and statistical techniques to analyze financial data, assess risks, and inform investment decisions.

Financial Risk Analyst: Those interested in risk management can become financial risk analysts, identifying, assessing, and mitigating financial risks for organizations, banks, or investment firms.

Actuary: B.S. in Financial Mathematics graduates can become actuaries, using mathematical models to assess financial risks in areas such as insurance, pensions, and investments.

Financial Consultant: Graduates may work as financial consultants, providing expertise in financial modeling, risk assessment, and investment strategies to businesses or individuals.

Data Scientist in Finance: Those with a focus on data analysis can become data scientists in finance, leveraging mathematical and statistical methods to extract insights from financial datasets.

Derivatives Analyst: B.S. in Financial Mathematics graduates can specialize in derivatives analysis, evaluating and pricing financial derivatives such as options and futures.

Portfolio Manager: Those interested in investment management can become portfolio managers, overseeing investment portfolios, making strategic decisions, and optimizing returns for clients or organizations.

Financial Software Developer: Graduates may pursue roles as financial software developers, creating algorithms, models, and software tools used in financial analysis and decision-making.

Algorithmic Trader: Those interested in high-frequency trading can become algorithmic traders, developing and implementing mathematical algorithms for automated trading strategies.

Insurance Underwriter: B.S. in Financial Mathematics graduates can work as insurance underwriters, utilizing mathematical models to assess risks and determine insurance coverage.

Financial Planner: Those with a focus on personal finance can become financial planners, helping individuals create comprehensive financial plans based on mathematical analysis.

Econometrician: Graduates may choose to become econometricians, applying mathematical and statistical methods to analyze economic data and make predictions.


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