Mathematical Applications in Economics and Finance Specialist (Science Program) - ASSPE1700

The Specialist in Mathematical Applications in Economics and Finance is directed toward students who need a strong Mathematics grounding for use in the study of Economics and Finance. It is an excellent preparation for an MBA.

Students in this program have the option to complete the Arts & Science Internship Program (ASIP) stream.

Enrolment Requirements

This is an open enrolment program. A student who has completed 4.0 credits may enrol in the program.

Students are encouraged to take their introductory calculus, algebra, and economics in their first year of study ( MAT157Y1/​ MAT137Y1, MAT223H1, MAT224H1, ECO101H1, ECO102H1).

Completion Requirements

12.0-12.5 credits

Fundamentals for Mathematical Applications in Economics and Finance

1. Calculus, Analysis, and Proofs: 2.0 – 2.5 credits from MAT157Y1/​ ( MAT137Y1, MAT246H1), MAT237Y1
2. Linear Algebra: MAT223H1, MAT224H1
3. Ordinary Differential Equations: MAT244H1/​ MAT267H1
4. Principles in Economics: ECO101H1, ECO102H1
5. Probability and Statistics: STA257H1, STA261H1, STA347H1

Ethical and Social Responsibility

6. 0.5 credit with a significant emphasis on ethics and social responsibility (list below)

Further Studies in Economics and Finance

7. Microeconomics: ECO206Y1
8. Financial Economics: ECO358H1, ECO359H1
9. Analyzing Data relevant to Finance: STA302H1/​ ECO375H1
10. Mathematical Theory of Finance: APM466H1

Further Studies in Mathematics

11. Partial Differential Equations: APM346H1
12. Real Analysis: MAT337H1
13. Special Interest Topics: 0.5 credit further from MAT332H1/​ MAT344H1/​ MAT475H1
14. Time Series Analysis: STA457H1
15. Nonlinear Optimization: APM462H1


Notes:

  • Not all courses listed have priority enrolment for students enrolled in this program. Students are responsible for checking priority of courses and meeting course prerequisites for courses they wish to take.
  • Each course can count toward only one requirement, even if listed as options to multiple requisites of the program.
  • Students may use CR/NCR on the course they use toward the ethics and social responsibility credit.
  • Students in their last year of study with a cGPA of 3.5 or higher may be permitted to take up to 1.5 credits of Math graduate courses. These courses may count toward specialist program requirements, where relevant (e.g., as courses “at the 400-level”). To review eligibility criteria and apply for graduate courses as an undergraduate student, find more information on the A&S Math website.

Courses accepted towards this program’s ethics requirement:
CSC300H1/​ CSE240H1/​ CSE270H1/​ EEB215H1/​ ENV200H1/​ ESS205H1/​ any ETH200+/ FOR201H1/​ HIS268H1/​ HPS200H1/​ HPS202H1/​ INS200H1/​ JPH441H1/​ PHL265H1/​ PHL271H1/​ PHL273H1/​ PHL275H1/​ PHL281H1/​ PHL295H1/​ SDS256H1/​ another suitable course with permission from the Associate Chair, Undergraduate