Curriculum
The degree requirements consists of at least 33 credits: 24 credits coursework, 6 credits Sloan cohort courses and a 3 credits internship.
Required Courses

• Math 365: Financial Mathematics I
• Math 369: Financial Mathematics II
• Math 324: Advanced Financial Mathematics (proposed)
• Statistics 361: Statistical Computing

• Finance 302: Investments
• Finance 304: Options and Futures
• Finance 401: Financial Theory
• Finance 403: Advanced Financial Theory

• Math 304: Mathematical Modeling
• Math 309: Optimization
• Math 322: or 323 Probability and Stochastic Processes I
• Math 366: Simulation
• Math 378: Introduction to Partial Differential Equations
• Math 395: Risk Theory
• Finance 305: Global Financial Management
• Statistics 320-321: Applied Statistics

Advisory Committee
Three members of the Graduate Faculty in the field of study of mathematics or finance will be appointed to serve as the advisory committee for candidates for the Professional Master's of Science in Applied Financial Mathematics. The Advisory Committee will assist the student in the selection of courses best suited to meet career aspirations.

Plan of Study
The student must prepare a Plan of Study containing the courses he or she will take to gain mastery of the body of knowledge of the field, including the required or core courses. The advisory committee and the Executive Committee of the Graduate School must approve it.

Exit Examination
he final requirement for the Professional Master's Degree is passing performance on an innovative exit exam that will require an original, scholarly piece of work that may take many forms. A comprehensive review paper on an appropriate topic could be assigned. Alternatively, the student could be requested to formulate a solution to a problem encountered in the particular career track chosen. It might be appropriate for the student to write a mock journal article or technical report on work encountered during an internship or other research-training phase of the degree. We envision that some students may already have positions secured prior to completion of the exit exam. In these cases we would consult with the appropriate corporate partner to determine the type of exercise that would be most beneficial to the student's preparation for employment. The student and the Advisory Committee will determine the nature and time frame for completion of the final exam. The Advisory Committee will evaluate the exam per University guidelines. It is the intent of this innovative exit exam to reinforce the discipline-specific competency and to provide an evaluation tool for relevant problem-solving abilities and writing skills.

Internships
The External Liaison for the Sloan Professional Master's Programs (Prof. Hallie Krider) and the Director of Applied Financial Mathematics (Dr. Charles Vinsonhaler) will assume leadership roles in developing interactions with corporate partners, arranging internship opportunities, matching students with positions, and obtaining ongoing corporate feedback on the effectiveness of the training programs. By virtue of these activities, they will also play a role in placement of graduates. Students will notify the Liaison and/or Director 3-6 months in advance of their planned internship. Based on the geographical requirements and interests of the students, the External Liaison and Director will cultivate those corporate partners as appropriate. Dr. Krider is uniquely qualified to assume these duties. He has served as the Director of the UConn Biotechnology Center's Associate Programs for industrial partners. He has interacted with venture capitalists, both as a recipient for sponsored research, and as a consultant to evaluate other proposals. Dr. Krider has been involved in numerous entrepreneurial activities, including regulatory considerations such as zoning, the design of research and development space, the establishment of start-up companies, and the evaluation of equipment acquisition and development proposals. He has personally visited more than 10 corporate sites in the last year alone.
The program for the Professional Master's in Applied Financial Mathematics will be developed and implemented in close communication with corporate partners. A Corporate Advisory Board of 6 members will provide advice and evaluation. There will be an annual Career Day for interactions between corporate partners and students.

Potential Corporate Partners
Aetna*, Anderson Consulting, Arthur Anderson*, CIGNA, Deloitte & Touche*, Guardian Life, Hartford*, IBM, Mass Mutual, Mercer*, Phoenix, Tillinghast, Travelers*, USI Consulting Group* (those with whom preliminary discussions have been held are indicated by an asterisk). Note that this listing is only partial. We have also had initial conversations with a number of the large companies in the Connecticut BioSciences Cluster about opportunities for cross-trained financial analysts.