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Why is there a strong mathematics requirement?

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Why is there a strong mathematics requirement?

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The mathematics prerequisites we have outlined would allow students to progress much further in their study of finance than otherwise. Modern finance relies heavily on the tools of mathematics and statistics. We feel that some knowledge of these tools: stochastic calculus, time series econometrics, numerical approximation methods and so on, is needed if a student is to be trained in real world modeling.

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