joint specialization
Vega Institute Foundation with
the Faculty of Mathematics & Mechanics,
Lomonosov Moscow State University
Vega Institute Foundation with
the Faculty of Mathematics & Mechanics,
Lomonosov Moscow State University
FINANCIAL MATHEMATICS -
STOCHASTICS AND ECONOMICS
STOCHASTICS AND ECONOMICS
The specialization is based on the symbiosis of modern fundamental and applied mathematics, which gives graduates of the program a wide choice of opportunities to further develop their potential, both in science and in industry in a rapidly changing world.
The program was developed by leading Russian academics and industry experts working in the field of financial and actuarial mathematics, as well as related fields. The courses were created with the support of leading international experts who are members of the Scientific and Expert Council of the Foundation.
The program aims to attract talented students, strengthen their knowledge and skills, and develop their interest in the industry and research in the field of financial and actuarial mathematics.
The program was developed by leading Russian academics and industry experts working in the field of financial and actuarial mathematics, as well as related fields. The courses were created with the support of leading international experts who are members of the Scientific and Expert Council of the Foundation.
The program aims to attract talented students, strengthen their knowledge and skills, and develop their interest in the industry and research in the field of financial and actuarial mathematics.
NEWS
PROGRAM ADVANTAGES
Students conduct research as part of academic-research groups under the guidance of mentors from the industry and academia. At the moment, active scientific work is in progress in 6 areas:
Students have the opportunity to initiate topical student seminars and other formats of scientific and educational activities.
- Application of modern deep reinforcement machine learning methods for efficient hedging of options underwritten on the proprietary indices;
- Deep neural network approach to volatility modeling;
- Electronic market making;
- Pricing under rough volatility models;
- Optimal control problem in payment (Crypto currency);
- Optimal control in modeling of economic growth and interest rates.
Students have the opportunity to initiate topical student seminars and other formats of scientific and educational activities.
- The program was developed with the direct participation of leading experts in the field of financial and actuarial mathematics. Together with Russian and international scientists and researchers, the courses are taught by representatives of the industry, including foreign ones.
- Students prepare their final qualifying paper under the joint supervision of a faculty researcher and an industry representative.
- During their studies, students are invited to excursions and career days in leading banks and other specialized organizations and institutions.
- For the best students , program partners may offer advantages in selection for participation in internships.
Students receive a monthly scholarship of 20,000-35,000 rubles on the competitive basis.
By enrolling in the program, you will become part of a community built with the support of the Foundation, which is the flagship in Russian financial and actuarial mathematics, as well as related areas.
The alumni community is a platform for dialogue between novice professionals, recognized scientists and representatives of the business community.
The alumni community is a platform for dialogue between novice professionals, recognized scientists and representatives of the business community.
Students and graduates of the program have a unique opportunity to participate in any educational initiatives of the Foundation, and thereby continue to build up the knowledge and expertise gained in the specialization.
The Foundation adheres to the principle of lifelong learning and regularly launches extra-curricular courses and electives in the field of modern financial and actuarial mathematics, as well as related areas, which everyone can attend.
The Foundation adheres to the principle of lifelong learning and regularly launches extra-curricular courses and electives in the field of modern financial and actuarial mathematics, as well as related areas, which everyone can attend.
Year 3 focuses on fundamental mathematics with introductory courses in economics and convex analysis.
Year 4 includes advanced courses in economics and introduces basic "tools" for mathematical finance, including stochastic calculus, partial differential equations and an introduction to numerical methods in finance.
Years 5 and 6 present courses on the recent advances in mathematical finance and actuarial mathematics, advanced numerical methods in finance.
The training is accompanied by practical exercises using modern and widely-used programming languages for data processing and modeling.
PROGRAM STRUCTURE
The program is based on the mathematical apparatus mastered in the first two years of study, and offers more complex and modern methods of fundamental and applied mathematics used in industry nowadays. Students from the first days of study know the answer to the question "why do they learn mathematics and how is it applied".
CAREER OPPORTUNITIES
Graduates of the program will be able to start working in the world's leading financial companies, become one of the largest experts in financial mathematics and related fields or continue their education in the best specialized postgraduate programs.
The courses of the program are designed in such a way that graduates can build a successful career in:
The courses of the program are designed in such a way that graduates can build a successful career in:
LEADING SCIENTIFIC LABORATORIES
as researchers, entering PhD programs
Second-year students of the Faculty of Mechanics & Mathematics, MSU can apply to the program as part of the general process of choosing specialization within the deadlines set by the Faculty.
The selection committee will take into account students’ attendance and successful completion of courses, active participation in the educational initiatives of the Foundation. Detailed selection rules will be published later.
The selection committee will take into account students’ attendance and successful completion of courses, active participation in the educational initiatives of the Foundation. Detailed selection rules will be published later.
HOW TO APPLY
ASK A QUESTION
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FAQ
Students conduct research as part of academic-research groups under the guidance of mentors from the industry and academia. At the moment, active scientific work is in progress in 6 areas:
Students have the opportunity to initiate topical student seminars and other formats of scientific and educational activities.
- Application of modern deep reinforcement machine learning methods for efficient hedging of options underwritten on the proprietary indices;
- Deep neural network approach to volatility modeling;
- Electronic market making;
- Pricing under rough volatility models;
- Optimal control problem in payment (Crypto currency);
- Optimal control in modeling of economic growth and interest rates.
Students have the opportunity to initiate topical student seminars and other formats of scientific and educational activities.
- The program was developed with the direct participation of leading experts in the field of financial and actuarial mathematics. Together with Russian and international scientists and researchers, the courses are taught by representatives of the industry, including foreign ones.
- Students prepare their final qualifying paper under the joint supervision of a faculty researcher and an industry representative.
- During their studies, students are invited to excursions and career days in leading banks and other specialized organizations and institutions.
- For the best students , program partners may offer advantages in selection for participation in internships.
Students receive a monthly scholarship of 20,000-35,000 rubles on the competitive basis.
By enrolling in the program, you will become part of a community built with the support of the Foundation, which is the flagship in Russian financial and actuarial mathematics, as well as related areas.
The alumni community is a platform for dialogue between novice professionals, recognized scientists and representatives of the business community.
The alumni community is a platform for dialogue between novice professionals, recognized scientists and representatives of the business community.
Students and graduates of the program have a unique opportunity to participate in any educational initiatives of the Foundation, and thereby continue to build up the knowledge and expertise gained in the specialization.
The Foundation adheres to the principle of lifelong learning and regularly launches extra-curricular courses and electives in the field of modern financial and actuarial mathematics, as well as related areas, which everyone can attend.
The Foundation adheres to the principle of lifelong learning and regularly launches extra-curricular courses and electives in the field of modern financial and actuarial mathematics, as well as related areas, which everyone can attend.
