Overview, Financial Mathematics

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Beginning in September 2013 the Mathematics Department will offer a Bachelor of Science degree in Financial Mathematics. This innovative program combines the talents of the Mathematics and Finance Departments at Ryerson University and is located in heart of Toronto, which is the centre of Canada’s financial industry. Students gain a solid understanding of mathematics, finance and the relation between the two and have ample opportunity to pursue their career goals through the abundant opportunities available at Ryerson University, including world class researchers in Financial Mathematics, and the surrounding community.

This four year program sees students taking a variety of mathematics and finance courses, starting with fundamental introductory courses leading all the way by the end of the fourth year to sophisticated mathematical and financial models and techniques used in the industry today. Your education is rounded out by courses like economics and communications and by a number of electives. These electives allow you to tailor your education to your own particular goals.

The program begins with a solid foundation in mathematics and finance, where students take courses in calculus, accounting and finance. This is complemented by courses in communications, economics and computer programming. The second year moves on to intermediate courses in the fundamentals of mathematics and finance.

Second year is also when you also begin to take electives. For example, students wishing to go on to graduate school may take more advanced courses in mathematics and economics, while students wishing to obtain professional certification can elect to take courses from the business school. Our program allows you to take eight electives and gives maximum opportunity to customize your education to fit your needs.

The final two years involve advanced courses in finance and financial mathematics. The program has courses dedicated specifically to the field of financial mathematics, which bring both mathematics and finance together into a coherent whole. Students wishing to write a thesis in their final year may elect to do so.

A co-op option is also available to students who desire to gain work experience. Being in the heart of Canada’s financial centre, students have a number of invaluable opportunities to obtain a placement in one of many financial institutions. The co-op program involves a student taking four or five work terms and graduating in five years.