Professional Master's in Mathematical Finance
The growth and increasing sophistication of the capital markets has spurred demand for financial professionals who have exceptional quantitative skills drawn from historically distinct areas. The interprofessional fields of mathematical finance and financial engineering have evolved to respond to this demand.
IIT Stuart has partnered with IIT’s Department of Applied Mathematics to introduce the Professional Master's in Mathematical Finance (MMF), a new degree that will provide you with the practical skills and theoretical understanding you need to have the competitive edge in the formulation, implementation, and evaluation of the models used by the financial sector to structure transactions, manage risk, and construct investment strategies.
When you earn a degree in Mathematical Finance, you will have the advanced education in theoretical, computational and business aspects of relevant quantitative methodologies that you need for a career in financial risk management. There is a high level of demand for the expertise you will gain with an MMF—industry areas that are seeking these skills include:
• Energy firms
• Financial data and software, research, and consulting firms
• Investment firms and banks
• Management firms and consultants, money managers, and pension fund managers
• Insurance companies
• Exchanges
• Financial ECNs
• Federal agencies
Our Quality
IIT Stuart School of Business enjoys an excellent reputation throughout the financial industry for premier graduate programs in Finance. Add to that the expertise of the Applied Mathematics faculty at IIT, and you get a unique opportunity to learn from academic leaders as well as accomplished business professionals.
Our Flexibility
A degree in Mathematical Finance gives you the flexibility to chart your own career path through a stimulating and well-rounded curriculum, everyday classroom experiences, and unparalleled networking opportunities.
Our Convenience
IIT Stuart enjoys a prime location in the heart of Chicago ’s financial district, which offers students easy access to the Chicago Mercantile Exchange, the Chicago Board Options Exchange and the LaSalle Street concentration of banks, brokerages and other financial institutions.
Learn more about the Professional Master's in Mathematical Finance





