Stanford University

Master of Science in Financial Math (M.S.F.M.)

The curriculum is a mix of math and business courses. The M.S.F.M. program falls under the math department, and graduates are focused toward jobs in the finance industry. Alumni are employed by companies such as Morgan Stanley, Goldman Sachs, Lehman Brothers, Deutsche Bank, Merrill Lynch, Credit Suisse, Barclays, JPMorgan, Citi and UBS, as well as hedge funds and banks. Roughly 15 percent of applicants are admitted to the program.

Palo Alto, Calif.

9 years

15 to 16 classes, over 15 to 18 months

40

Of program graduates, 15 to 20 percent continue on to higher education (Ph.D. or faculty positions), while 80 percent to 85 percent assume positions in the financial industry, typically as quantitative modelers or traders.

http://finmath.stanford.edu

Tze Leung Lai. Lai received a B.A. with first-class honors from the University of Hong Kong, and an M.A. and Ph.D. from Columbia University in 1970 and 1971. His research interests include sequential experimentation, adaptive inference and control, stochastic optimization, time series analysis and forecasting, regression analysis of censored and truncated failure time data, design and analysis of clinical trials, probability theory, and stochastic dynamical systems.



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