Johns Hopkins launches new online master's degree in financial mathematics

Image caption: The CME Eurodollar pit is part of one of the largest options and futures exchanges in the world.

Image credit: Tim Boyle / Bloomberg News / Landov

Johns Hopkins Engineering for Professionals, the division of Johns Hopkins University Whiting School of Engineering that administers online and part-time graduate programs, has launched a new financial mathematics master's degree program that can be completed online.

"Today's world economy and global financial markets are increasingly sophisticated and extremely competitive," said David Audley, chair of the new Financial Mathematics program. "An advanced education has become a key enabler in reaching higher-level positions in portfolio management, risk management, and trading."

Graduates of the new program will complete 10 online courses that develop advanced quantitative and managerial skills in finance, and examine the engineering-driven principles that power our international financial systems. Working with Johns Hopkins instructors who are also practicing engineers in the financial industry, students will have the opportunity to study real-world examples in subjects like financial derivatives, risk management, data analysis, Monte Carlo methods, and quantitative portfolio theory.

"The global economy is not bound to any one location, and neither are we," said Associate Dean Dexter G. Smith of the Whiting School. "Johns Hopkins University is proud to expand its financial mathematics program to students around the world."

To be considered for the online financial mathematics master's degree program, applicants must have earned a previous degree in mathematics or engineering, and have at least two years of relevant work experience. Johns Hopkins Engineering is accepting student applications for the summer 2016 term, which begins May 23, 2016. Interested students can attend a free online information session on Thursday, May 12, from 7 to 8 p.m.

Johns Hopkins Engineering for Professionals gives working adults a convenient way to advance their education and competitiveness in 20 traditional and newly emerging fields. Building on the world-class reputation and dynamic resources of Johns Hopkins University, Johns Hopkins Engineering for Professionals offers online and on-site classes at times that complement the busy schedules of today's practicing engineers and scientists.

Posted in Science+Technology