The University of Chicago's intensive, one-year Master of Science in Financial Mathematics program pioneered the teaching of an integrated program of theoretical and applied mathematics and practical applications to derivatives pricing and the management of financial assets.
This program teaches applied mathematics and its applications in the financial industry. Students learn the theoretical background for pricing derivatives and for managing assets, but also attain a real understanding of the underlying assumptions and an ability to critically ascertain the applicability and limitations of the various models. Courses are taught by faculty of the University of Chicago and by professionals from the financial industry.
Since 1913, the University of Chicago has been continuously accredited by the Higher Learning Commission of the North Central Association.