Wall Street Needs Rocket Scientists: Mathematics to the RescueThomas
Struppeck, Don Miller
June 6-10, 2006
Saint Mary’s College
South Bend, IN
Registration
for this workshop is now closed
What can a mathematics department do to increase its attractiveness to
undergraduates looking for a major? One possibility is offering courses
or programs that prepare students for the financial services industry.
Available jobs include actuarial jobs at insurance companies or in
government, statistician positions, and financial engineering or
“quant” jobs at investment banks and hedge funds. Additionally,
consulting opportunities abound. In fact, mathematicians are some of
the highest paid employees in the financial services industry.
In this workshop we will explore the nuts and bolts of program designs,
as well as some of their mathematical content. The mathematical content
includes some basics of interest theory, insurance theory, stochastic
processes, applied credibility, and personal finance. Issues related to
faculty preparation, course design and advising students will also be
discussed.
More
information and workshop schedule