Date of Award

Spring 2017

Project

Capstone - Open Access

Major

Mathematics & Business Administration

First Advisor

Dana Rowland

Abstract

Financial mathematics is a growing field in which mathematicians and business professionals alike are regularly finding new links between the two industries. By further developing this area of study, businesses will be able to evaluate trends analytically by implementing mathematical techniques in their investigations. Businesses with a particular interest in financial mathematics include investment banks, commercial banks, hedge funds, insurance companies, corporate treasuries, and regulatory agencies. In particular, the field of actuarial science focuses directly on the applications of mathematics in finance, and requires all aspiring actuaries seeking certification to successfully complete an exam specifically designed to test the applicant’s ability to decipher through a series of questions related to the study of financial mathematics.

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