Mathematics and Mathematical Methods in Economics and Finance

STRUCTURE OF THE WEBSITE

Structure of the program

Calendar 2011-2012

Contact

This program proposes three different tracks:

Mathematical models in economics and games

Quantitative finance

Optimization, control and operations research

Courses are in English

Objectives of the program MMMEF


This master program is conceived in order to train highly qualified students in the following areas:

-mathematical modeling in economics and game theory

-mathematical finance and financial engineering

-optimization, control and operations research

Scope of the program MMMEF

These areas are related and interdependent both conceptually and technically. They all draw on mathematical tools used in research as well as in applications in the economic  and financial sector.. Technically these areas include analysis and probability in a wide sense as well as the mathematics of optimization and decision theory, that is, more precisely:functional analysis, differential equations, dynamic systems, optimal control, differential topology, non differentiable analysis, convex analysis, combinatorial optimization stochastic calculus, stochastic processes, statistical inference, probabilistic tools in finance, extreme values theory, financial markets and numerical methods.


The origins of modeling and mathematical methods in economics and finance which began to develop in the forties, can be traced to problems that arised in various areas in economics, such as operations research, the theory of financial markets, financial analysis, insurance, management, risk management, financial markets, industrial economics, strategic models, forecasting econometrics, decisions under uncertainty, etc...

The main objective of the research oriented masters program MMMEF is to provide research oriented training in the scientific areas presented above to students with a strong undergraduate background in mathematics. Having obtained a Masters' degree,the student can either enrol in the Phd program of one of the research units for doctoral studies in Economics at Panthéon-Sorbonne or pursue a career in the private sector inside banks and insurance companies. In the areas of finance and economic analysis there is a strong demand both for candidates holding a Masters' degree and those holding a Phd. degree. The division of this masters program into three different tracks should both be helpful for the prospective employer who obtains precise information about the areas of competence of our graduates and guide the students themselves in their choices.