SMG’s Mathematical Finance program climbs three positions in Quantnet rankings
Boston University School of Management placed 14th on Quantnet’s list of the top master’s programs in financial engineering in North America, which represents a three-spot jump for the School.
The School’s 17-month Master of Science in Mathematical Finance program received a total score of 78, with 100 being perfect, missing the 12th position by only a point. It placed 17th in the previous Quantnet ranking.
The program, which integrates practical domains of mathematics with an in-depth study of the theory and practice of modern finance, has become increasingly competitive, and recognizes that, within three months of graduation, 80 percent of students received job offers.
Quantnet, an online resource that provides information on education and careers in financial engineering, surveyed program administrators, hiring managers, and quantitative finance professionals in order to compile its rankings.
Boston University School of Management welcomes Dr. Ahmad Namini. Dr. Namini joins the School as Executive Director of the Mathematical Finance (MSMF) Program, effective July 16, 2012.
In this role, Dr. Namini will play a critical role in refining the Program, with a special focus on expanding industry connections, creating student internships, and fostering successful job placements. He will also work with Finance faculty to develop and implement strategies that will have a major impact on the future success of the Program.
Dr. Namini comes to the School with a wealth of experience in the financial services industry. He has worked with Deutsche Bank, the Fortress Investment Group and, most recently, with the Citigroup Global Markets in Hong Kong, where he was Head of the Quantitative Analytics and IT teams in the Emerging Markets Credit Trading unit. He is also a graduate of the Boston University Mathematical Finance Program, and has a PhD in Computational Mechanics from the University of Maryland. Previously, Dr. Namini has taught in the School’s Math Finance Program and advised students on corporate-world applications of mathematical finance.
Boston University School of Management students from the Mathematical Finance Program gave a strong showing at the first annual International Association of Financial Engineers (IAFE) Competition. The event was open to students enrolled in mathematical finance and economics (or related) programs at schools that are IAFE Academic Program Affiliates.
Twenty-seven teams from fifteen financial engineering programs entered the competition. They were tasked with solving a challenge related to the analysis and modeling of financial crises and sovereign risk, which was selected for its rigor and relevance by the Honorary Chair and IAFE Board of Directors.
The Boston University Math Finance Team included Ning Cheng, Jianing Liu, Quang Pham Huy, Jessica Ahn, and Sichares Suppapanya (all MSMF ’12).
The winning team, from the University of California, Berkeley, was announced at the Financial Engineer of the Year Dinner in New York City on February 2nd, 2012. They were awarded a $1,000.00 prize and an invitation to present their solution at a future IAFE event in New York.
During the fall 2011 semester, the Mathematical Finance Program held a series of social events, including our Power of Ten celebration and conference, a speaker series, and our annual holiday party for first- and second-year students. The program also hosted various social gatherings such as Pub Nights at the BU Pub and Cornwall’s and trivia night at The White Horse in Allston. Get more details below, including a slideshow with pictures from these events.
The Power of Ten: Math Finance Anniversary Celebration and Conference
Saturday October 1, 2011
This event, held at Boston University School of Management, was a huge success, drawing approximately 150 Math Finance students, Finance faculty, and BU community members. The day included:
Lunch for alumni
Conference and Panel of Speakers:
“Chasing Bernie Madoff”: Harry Markopolos, Independent Financial Fraud Investigator and Bernie Madoff whistleblower
“A Reflection of Financial Crisis”: David Ye, Chief Risk Officer for State Street Global Markets
“A New Measure of Systemic Risk: Applications for Investors and Regulators”: Mark Kritzman, President and Chief Investment Officer of Windham Capital Management
Mathematical Finance Alumni Career Panel:
- Alex Brill, (MSMF ’01), CEO, Matrix Global Advisors; Research Fellow, American Enterprise Institute
- Nidhi Azar (MSMF ’01), Risk Manager, Fixed Income Credit, Barclays Capital
- Brandon Farr (MSMF ’04), Vice President, Investment Risk Management State Street Global Advisors
- Cel Kulasekaran (MSMF ’04), Senior Research Associate, Windham Capital Management
- Leon Zhang (MSMF ’07), Financial Risk Manager, Everbright Securities, Co, Ltd.
- Christopher Glynn (MSMF ’09), Jr. Quantitative Research Analyst, Boston Advisors
- Olesya Shubov (MSMF ’09), Assistant Vice President, Strategy Advisory Group, Jennison Associates
Program Reception, School of Management Atrium
Alumni Celebratory Dinner, Trustees’ Lounge
See pictures from this event in our slideshow.
MF Program 2011 Speaker Series
- November 7, 2011: Dmitry Kiselyov, CFA Manager, Complex Securities Group, Ernst & Young, LLP, “Valuation of Credit Instruments”*
- October 24, 2011: Simon Tuck, Director, Catastrophe Management, Liberty Mutual, “Catastrophe Insurance: Quantitative approach”*
- October 7, 2011: Kishore Karunakaran, President and Chief Operating Officer, FFCM LLC, “Market Neutral ETFs and Their Applications
- September 23, 2011: Dragan Skoko, Director, Trading, Batterymarch Financial Management, Inc., “The Anatomy of a Buyside Trading Desk.” This talk was followed by a reception.
- August 31, 2011: Crystal Fantry, Senior Educational Outreach Specialist, Wolfram Research, “Introduction to Mathematica”
- August 3, 2011: Francesco Pasquariello, Sales Representative, Bloomberg, “Introduction to Macro Tools and Single Security Analysis”
- May 3, 2011: Tarek Eldin, Head of Quantitative Research, Geode Capital Management, “Quantitative Analysis for Asset Management”*
- April 28, 2011: Matthew Appel, CFA, Vice President, Risk Services, State Street, “Investment Analytics”*
*Talk arranged by Kateryna Kruzement-Prykhodko (MSMF, January 2012)
Get more recent MF news and pictures in the news story “Mathematical Finance Program’s Latest Statistics“