Prof. dr. W Kets
Hoogleraar
This track is designed for students who wish to specialize in:
- Mathematical modeling in finance, including derivatives pricing and risk management;
- Mathematical economics, including game theory, institutional design, and welfare analysis of economic policies.
An attractive feature of this track is that you can take courses at the Utrecht School of Economics as part of the track. It also provides opportunities to explore connections with computer science or machine learning techniques.
The two subtracks are organised as follows:
| Mathematical Finance | Mathematical Economics |
|---|---|
| This subtrack provides you with the mathematical background to understand and develop advanced mathematical and numerical techniques to solve complex finance-related problems. You will learn to model financial markets, analyze economic data using statistical methods, and use optimization for decision-making. Additionally, you will acquire skills in stochastic mathematics, numerical analysis, and machine learning algorithms, enabling you to tackle challenges in financial engineering, risk management, and quantitative analysis. You can specialize in either numerical methods and stochastic models or in machine (statistical) learning and data science. | This subtrack provides you with the mathematical background to understand and develop advanced mathematical and numerical techniques to solve complex finance-related problems. You will learn to model financial markets, analyze economic data using statistical methods, and use optimization for decision-making. Additionally, you will acquire skills in stochastic mathematics, numerical analysis, and machine learning algorithms, enabling you to tackle challenges in financial engineering, risk management, and quantitative analysis. You can specialize in either numerical methods and stochastic models or in machine (statistical) learning and data science. |
| Prerequisites: To enroll in this subtrack, you must have completed the standard mandatory courses in a Mathematics Bachelor's programme; a basic background in statistics, numerical analysis, financial mathematics, and stochastic processes is useful. | Prerequisites: To enroll in this subtrack, you must have completed the standard mandatory courses in a Mathematics Bachelor's programme; a basic background in statistics, numerical analysis, financial mathematics, and stochastic processes is useful. |
Courses that fit the specialisation:
| Courses that fit the specialisation:
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| Career prospects: This track leaves you well-prepared for both a career in academia or outside. It offers excellent career prospects in industry (e.g., investment banks and other financial institutions, software development, and consulting firms). It also provides you with the option to pursue a PhD progam in this area. | Career prospects: This track leaves you well-prepared for both a career in academia or outside. It offers excellent career prospects in industry (e.g., investment banks and other financial institutions, software development, and consulting firms) and also provides you with the option to pursue a PhD progam in this area. |
| For more information on this subtrack: Please contact Prof. Dr. Kees Oosterlee | For more information on this subtrack: Please contact Prof. Dr. Kees Oosterlee |