Prof Luis Seco shares his thoughts on 19 years at MMF. For nineteen wonderful years, I have had the privilege of serving as Director of the Master of Mathematical Finance Program.When I became Director, the world was in the midst of the subprime financial crisis. The future of finance seemed uncertain, and many wondered what...Read More
Since its inception in 1998 at the School of Graduate Studies, the Master of Mathematical Finance program (MMF) has maintained its relevance by preparing grads for careers of the future, incorporating advanced technology and industry innovation to its course offerings. After extensive consultations, MMF was welcomed into the Faculty of Arts & Science’s Department of...Read More
Wealth management is a rewarding career path for those who pursue it. Thanks to advancements in technology, the industry itself is evolving and becoming increasingly more complex for businesses, clients and portfolio managers. Joshua Weiss, CFA (MMF 2013) has worked the B2B side of wealth management as a Sales Engineer d1g1it and is now a...Read More
Over the years, MMF has offered an Innovation and Entrepreneurship elective course taught by founders and true blue entrepreneurs. Given the pace of innovation, the rise of generative AI and the corresponding surge of opportunities for STEM startups in a dynamic employment market, we included the course as a mandatory part of the spring semester....Read More
2023 – 2024 Squarepoint Foundation Scholars (from left to right): Zhan (Jessie) Wang, Ming Gao, Haoning (Johnny) Zhang, Wenxuan (Carol) Lyu, Kaiwen Shen, Xinying Xu. The Squarepoint Foundation focuses on helping communities around the world, advancing research and education in STEM by offering scholarships to students attending quantitative programs at top-tier universities across the globe....Read More
When the pandemic hit and giving presentations in-person wasn’t possible, we redesigned the required internship course credit assignment and hired a production studio to deliver a one-day event called Internships Showcase. Based on the three-minute thesis competition, we challenged our grads to present their Winter internship highlights in three minutes using only three slides. Internship...Read More
The cost of attending graduate school in a program like MMF is steep. Tuition alone can be the equivalent of an annual salary (>CA$56,000), along with incidental fees. Add to that the cost of living in a major urban centre like Toronto for a year or more. Many students apply for scholarships in the hope...Read More
Climate change has increasing financial impacts on society in a variety of ways, for example through the large-scale destruction of property and the disruption of supply chains caused by extreme weather events. These impacts are expensive to the individual as well as to financial institutions. Modelling climate risk is one method that financial institutions can...Read More
Internships are steppingstones to kick-starting a career in quantitative finance. Every year, MMF grads work full-time from January through April, giving them hands-on experience using the cutting-edge skills they learned in the program. Employers include big five Canadian banks, top pension funds, asset management firms, big four consulting companies and fintech enterprises. What interns learn...Read More
We’ve spent the past three weeks interviewing candidates for admission to MMF’s 2023-2024 school year. From Beijing to Botswana, Mexico City to Montreal, we’ve met some fabulous applicants. Here’s where things stand in the admissions process. The volume of applications for admission to the MMF program has returned to pre-pandemic levels, which means we received...Read More
