Students

Stochastics and Financial Mathematics

2019-2020

How fast can a Bayesian procedure learn an unknown function?

How can statistical and probabilistic methods contribute to the risk management procedures at financial institutions?

Stochastics examines phenomena in which chance plays a central role, such as the result of a general election, fluctuations in share prices or the interactions between molecules in a living cell. If you opt for the Master’s programme in Stochastics and Financial Mathematics, you will be trained to become a world-class expert in both theory and relevant areas of application. The Master’s programme in Stochastics and Financial Mathematics at VU Amsterdam trains you in the full depth and breadth of the field, expanding your abilities and insights and enhancing your opportunities on the job market.

Courses you can follow include Stochastic Processes for Finance, Interest Rate Models, Applied Stochastic Modelling, Optimization of Business Processes and Statistics for High-dimensional Data.

During the entire first year, you will participate in the weekly Master Seminar. The seminar is led by active mathematicians who will introduce you to the local research groups in your field of specialization. You will also learn about possible thesis projects, practice giving advanced mathematical presentations, and experience what it means to be part of an active research community.
The last semester is dedicated to the Master’s Project. Most students in the Stochastics and Financial Mathematics programme choose to do an external internship at a company or research facility as their Master's Project. During this internship you will work under supervision of an advisor from the company and a staff member from the Department of Mathematics.


Info

Level Master
Language English
Duration 2 years
Type Fulltime
Credits 120 EC
Faculty Faculty of Science
Mathematics electives (MasterMath and Local courses)
Course Name Period Credits Code
Complexity Theory 8EC XMM_0006
Geometric Functional Analysis and Its Applications 8EC XMM_0026
Geometric PDE 8EC XMM_0031
Advanced Machine Learning P1 6EC XM_0010
Advanced Algebraic Geometry P1+2 8EC X_418083
Advanced Combinatorics: Zeros of Graph Polynomials, Markov Chains and Algorithms P1+2 6EC XMU_0021
Advanced Topics in Stochastic Analysis P1+2 6EC XMU_0019
Algebra Seminar P1+2 6EC XM_0058
Algebraic Geometry 1 P1+2 8EC XMM_40001
Algebraic Number Theory P1+2 8EC X_400324
Algebraic Topology 1 P1+2 8EC X_400600
Applied Stochastic Modeling P1+2 6EC X_400392
Asymptotic Statistics P1+2 8EC X_400323
Commutative Algebra P1+2 8EC X_418136
Continuous Optimization P1+2 6EC X_400446
Cryptology P1+2 5EC XMM_40006
Differential Geometry P1+2 8EC X_400509
Diophantine Approximation P1+2 8EC XMM_0038
Discrete Optimization P1+2 6EC X_400445
Dynamical Systems P1+2 8EC X_400429
Forensic Probability and Statistics P1+2 8EC XMM_0005
Functional Analysis P1+2 8EC X_400328
Interest Rate Models P1+2 6EC X_418091
Lie Groups P1+2 8EC X_400350
Machine Learning Theory P1+2 8EC XMM_0002
Mathematical Biology P1+2 8EC X_400504
Measure Theoretical Probability P1+2 8EC X_400244
Numerical Linear Algebra P1+2 8EC X_400329
Numerical Methods for Stationary PDEs P1+2 6EC XMU_0023
Parallel Algorithms P1+2 8EC X_418011
Partial Differential Equations P1+2 8EC X_400330
Portfolio Theory P1+2 6EC X_400535
Probabilistic and Extremal Combinatorics P1+2 8EC X_418118
Quivers P1+2 6EC XMU_0003
Random Walks P1+2 8EC XMM_0033
Set Theory P1+2 8EC X_418035
Simulation Methods in Statistics P1+2 6EC X_400258
Statistical Models P1+2 6EC X_400418
Stochastic Networks P1+2 6EC XMU_0018
Stochastic Optimization P1+2 6EC X_400336
Stochastic Processes for Finance P1+2 6EC X_400352
Stochastic Simulation P1+2 6EC XMU_0001
Systems and Control P1+2 6EC X_400332
Uncertainty Quantification and Data Assimilation P1+2 6EC XMU_0022
Coding and Cryptography P4 6EC X_405041
Additive Combinatorics P4+5 8EC XMM_0025
Advanced Linear Programming P4+5 6EC X_400326
Algebraic Geometry 2 P4+5 8EC XMM_40002
Algebraic Topology 2 P4+5 8EC XMM_0017
Applied Analysis: Financial Mathematics P4+5 6EC X_400076
Applied Finite Elements P4+5 6EC X_400453
Blowing Ups and Deformations: an Introduction to the Theory of Singularities P4+5 6EC XMU_0020
Calculus of Variations P4+5 8EC XMM_0035
Complex Dynamical Systems P4+5 6EC XMU_0025
Complex Networks P4+5 8EC X_405125
Data-Driven Decision Making in Operations Research P4+5 6EC XMU_0026
Elliptic Curves P4+5 8EC X_400505
Inverse Problems in Imaging P4+5 8EC XMM_0004
Lie Algebras P4+5 8EC XMM_0037
Modular Forms P4+5 8EC X_400599
Nonparametric Statistics P4+5 6EC X_400519
Operator Algebras P4+5 8EC X_418062
Optimization of Business Processes P4+5 6EC X_400422
Quantum Computing P4+5 8EC XMM_0013
Quantum Information Theory P4+5 8EC XMM_0024
Queueing Theory P4+5 6EC X_400397
Queues and Levy Fluctuation Theory P4+5 6EC XMU_0002
Riemann Surfaces P4+5 8EC X_400325
Scheduling P4+5 6EC X_400396
Selected Areas in Cryptology P4+5 8EC XMM_40011
Semidefinite Optimization P4+5 8EC XMM_0015
Statistical Data Analysis P4+5 6EC X_401029
Statistics for Stochastic Processes P4+5 8EC XMM_0034
Stochastic Integration P4+5 8EC X_400470
Stochastic Processes P4+5 8EC X_400339
Symplectic Geometry P4+5 8EC X_418036
Topological Data Analysis P4+5 8EC XMM_0036
Topology in Physics P4+5 6EC XMU_0017
Topology of Algebraic Varieties P4+5 6EC XMU_0024
Topos Theory P4+5 8EC XMM_0020
Complexity Theory
| 8EC | XMM_0006
Geometric Functional Analysis and Its Applications
| 8EC | XMM_0026
Geometric PDE
| 8EC | XMM_0031
Advanced Machine Learning
P1 | 6EC | XM_0010
Advanced Algebraic Geometry
P1+2 | 8EC | X_418083
Advanced Combinatorics: Zeros of Graph Polynomials, Markov Chains and Algorithms
P1+2 | 6EC | XMU_0021
Advanced Topics in Stochastic Analysis
P1+2 | 6EC | XMU_0019
Algebra Seminar
P1+2 | 6EC | XM_0058
Algebraic Geometry 1
P1+2 | 8EC | XMM_40001
Algebraic Number Theory
P1+2 | 8EC | X_400324
Algebraic Topology 1
P1+2 | 8EC | X_400600
Applied Stochastic Modeling
P1+2 | 6EC | X_400392
Asymptotic Statistics
P1+2 | 8EC | X_400323
Commutative Algebra
P1+2 | 8EC | X_418136
Continuous Optimization
P1+2 | 6EC | X_400446
Cryptology
P1+2 | 5EC | XMM_40006
Differential Geometry
P1+2 | 8EC | X_400509
Diophantine Approximation
P1+2 | 8EC | XMM_0038
Discrete Optimization
P1+2 | 6EC | X_400445
Dynamical Systems
P1+2 | 8EC | X_400429
Forensic Probability and Statistics
P1+2 | 8EC | XMM_0005
Functional Analysis
P1+2 | 8EC | X_400328
Interest Rate Models
P1+2 | 6EC | X_418091
Lie Groups
P1+2 | 8EC | X_400350
Machine Learning Theory
P1+2 | 8EC | XMM_0002
Mathematical Biology
P1+2 | 8EC | X_400504
Measure Theoretical Probability
P1+2 | 8EC | X_400244
Numerical Linear Algebra
P1+2 | 8EC | X_400329
Numerical Methods for Stationary PDEs
P1+2 | 6EC | XMU_0023
Parallel Algorithms
P1+2 | 8EC | X_418011
Partial Differential Equations
P1+2 | 8EC | X_400330
Portfolio Theory
P1+2 | 6EC | X_400535
Probabilistic and Extremal Combinatorics
P1+2 | 8EC | X_418118
Quivers
P1+2 | 6EC | XMU_0003
Random Walks
P1+2 | 8EC | XMM_0033
Set Theory
P1+2 | 8EC | X_418035
Simulation Methods in Statistics
P1+2 | 6EC | X_400258
Statistical Models
P1+2 | 6EC | X_400418
Stochastic Networks
P1+2 | 6EC | XMU_0018
Stochastic Optimization
P1+2 | 6EC | X_400336
Stochastic Processes for Finance
P1+2 | 6EC | X_400352
Stochastic Simulation
P1+2 | 6EC | XMU_0001
Systems and Control
P1+2 | 6EC | X_400332
Uncertainty Quantification and Data Assimilation
P1+2 | 6EC | XMU_0022
Coding and Cryptography
P4 | 6EC | X_405041
Additive Combinatorics
P4+5 | 8EC | XMM_0025
Advanced Linear Programming
P4+5 | 6EC | X_400326
Algebraic Geometry 2
P4+5 | 8EC | XMM_40002
Algebraic Topology 2
P4+5 | 8EC | XMM_0017
Applied Analysis: Financial Mathematics
P4+5 | 6EC | X_400076
Applied Finite Elements
P4+5 | 6EC | X_400453
Blowing Ups and Deformations: an Introduction to the Theory of Singularities
P4+5 | 6EC | XMU_0020
Calculus of Variations
P4+5 | 8EC | XMM_0035
Complex Dynamical Systems
P4+5 | 6EC | XMU_0025
Complex Networks
P4+5 | 8EC | X_405125
Data-Driven Decision Making in Operations Research
P4+5 | 6EC | XMU_0026
Elliptic Curves
P4+5 | 8EC | X_400505
Inverse Problems in Imaging
P4+5 | 8EC | XMM_0004
Lie Algebras
P4+5 | 8EC | XMM_0037
Modular Forms
P4+5 | 8EC | X_400599
Nonparametric Statistics
P4+5 | 6EC | X_400519
Operator Algebras
P4+5 | 8EC | X_418062
Optimization of Business Processes
P4+5 | 6EC | X_400422
Quantum Computing
P4+5 | 8EC | XMM_0013
Quantum Information Theory
P4+5 | 8EC | XMM_0024
Queueing Theory
P4+5 | 6EC | X_400397
Queues and Levy Fluctuation Theory
P4+5 | 6EC | XMU_0002
Riemann Surfaces
P4+5 | 8EC | X_400325
Scheduling
P4+5 | 6EC | X_400396
Selected Areas in Cryptology
P4+5 | 8EC | XMM_40011
Semidefinite Optimization
P4+5 | 8EC | XMM_0015
Statistical Data Analysis
P4+5 | 6EC | X_401029
Statistics for Stochastic Processes
P4+5 | 8EC | XMM_0034
Stochastic Integration
P4+5 | 8EC | X_400470
Stochastic Processes
P4+5 | 8EC | X_400339
Symplectic Geometry
P4+5 | 8EC | X_418036
Topological Data Analysis
P4+5 | 8EC | XMM_0036
Topology in Physics
P4+5 | 6EC | XMU_0017
Topology of Algebraic Varieties
P4+5 | 6EC | XMU_0024
Topos Theory
P4+5 | 8EC | XMM_0020
Stochastics and Financial Mathematics constrained choice Advanced Stochastics and Financial Mathematics (at least 2 out of 7)