Computational & Mathematical Finance

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Course Catalog

The computational and mathematical finance concentration combines financial theory with a solid grounding in quantitative methods, as you will model and analyze the complexity of financial decisions under uncertainty.

Where the Computational & Mathematical Finance Concentration Takes You

It’s a great path for those interested in careers as financial actuaries and analysts and in fields such as risk management, asset management, trading, investment banking, commercial banking, corporate finance consulting, and strategic planning.

Top 40

Finance Programs, U.S. News & World Report (2024)

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What You Will Study in Your Computational & Mathematical Finance Courses

This concentration blends the best of Babson’s curriculum, with strong foundations in the business world, financial math competencies, and the liberal arts and sciences. Advanced computational finance courses are designed to provide in-depth knowledge of financial markets and instruments, while advanced math and science courses emphasize mathematical derivations, rigorous analytical thinking, financial mathematics for actuaries, state-of-the-art software tools, and building statistical, machine learning, simulation, and optimization models.

Our concentrations are designed to help you specialize and explore within our bachelor's in business administration degree. The courses offered are comparable to what you will find in a computational finance major or minor, as well as in other computer finance programs, including a bachelor’s of science in computational finance and a quantitative finance bachelor’s degree.

Required Courses

This computational finance course is an introduction to simulation and optimization techniques that enable marketing, finance, and management professionals to make optimal decisions under uncertainty. You will acquire a foundational understanding of the theoretical background for these techniques, as well as experience implementing them with software tools that are widely used in the financial industry. Classes draw on examples such as asset allocation under different definitions of risk; index tracking; derivative pricing, hedging, and arbitrage.

Elective Courses

As part of your coursework in the concentration, you will take some of these computational and mathematical finance courses:

Today, businesses know that to remain competitive, they have to use advanced analytic tools in their decision-making process. In our quantitative finance courses, like this one, you work with unstructured data and apply tools like random forests and artificial neural networks. You also get a chance to build out your coding skills, so you don’t just understand the data but you understand the technology you are using, which will be applicable across quantatative analysis programs.

This financial math course is designed to introduce key financial technology and its applications in financial services. You will develop a broad and solid understanding of the recent innovations in FinTech, and their benefits and limitations. You will also experience hands-on problem solving that will be useful in FinTech ventures.

Explore more computational and mathematical finance courses

Course Catalog

You Will Learn From the Best

At Babson, our faculty are experts, innovators, and forward thinkers in their chosen fields. Here are just some professors sharing their expertise and support with our students in the mathematical and computational finance program.

Have Questions?

Faculty Contacts: Dessislava Pachamanova and Jia Hao
Sponsoring Divisions: Mathematics, Analytics, Science, and Technology and Finance

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