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Academic Program

The School of Mathematical Sciences at Claremont Graduate University has two principal foci: (1) its doctoral programs, qualifying students for careers as researchers in mathematical sciences, and (2) several specialized master’s-level programs in applied mathematics designed for students who wish to seek employment in industry or government, as well as for currently employed persons who would like to add to their knowledge of modern techniques and trends in applied mathematics. Research interests of the faculty include analysis, functional analysis, numerical analysis, differential equations, applied mathematics, probability, operations research, game theory, statistics, algebra, and topology.

SPECIAL Ph.D. PROGRAMS
Additional information regarding specific requirements for these programs may be obtained from the directors at the School of Mathematical Sciences, or the partnering institutions.

Financial Engineering (M.S. and Ph.D.)

The Peter F. Drucker and Masatoshi Ito Graduate School of Management and the School of Mathematical Sciences jointly offer the M.S. and Ph.D. degrees in Financial Engineering. The program prepares a student to design, evaluate, and manage modern complex financial instruments such as options and other derivatives, which are used in investment banking and corporate finance. The mathematics component provides the toolbox of analytical, numerical, and simulation techniques needed to analyze and evaluate such instruments. The management component, closely integrated with the mathematical elements, provides tools to interpret institutional needs and goals in the design of a portfolio of appropriately constructed instruments. Applicants to the program should have a strong undergraduate background in mathematics, and should have some experience in the use of mathematical software. Students will acquire the necessary management tools in the course of the program.

Refer to the “Jointly Offered Programs ” section of this Bulletin for additional information.

SPECIAL Ph.D. PROGRAMS

Additional information regarding specific requirements for these programs may be obtained from the directors at the School of Mathematical Sciences, or the partnering institutions.

RESOURCES

Mathematics Clinic. This unique feature is basic to all programs of concentration in the School of Mathematical Sciences. In the clinic, both undergraduate and graduate students work under faculty supervision on real problems arising in industry and government. Such problems are selected primarily because of their educational merit and are normally of sufficient magnitude that their formulation, analysis, and exposition require substantial involvement for an academic year, or full-time involvement over a summer. Graduate students selected to act as team leaders in clinic projects receive a stipend for this responsibility, which is normally undertaken only after a year of graduate work. Since its inception in the 1973-74 academic year,Mathematics Clinic activity has completed over 200 year-long projects for industry. Topics studied in the clinic are diverse, and every attempt is made to match student skills and interests with project needs. The clinic provides invaluable training by combining experience in real-world problem solving with thorough study of the relevant mathematics and its applications.

Claremont Research Graduate Institute for Applied Mathematical Sciences (CRIAMS). As a natural extension of its Mathematics Clinic program, the School of Mathematical Sciences initiated the Institute for Applied Mathematical Sciences in 1998 to conduct research in advanced applied mathematical, computational, and numerical techniques aimed at the solution of complex industrial problems. The institute also provides a center for graduate and postdoctoral education for Claremont students in applied mathematics, and a site for continuing education, intensive seminars, and sabbatical visits by industrial scientists and applied mathematicians who develop and use these techniques.

Computing. There are two general purpose computer labs accessible to students in the Academic Computing Building, and two scientific computing labs housed in the school offices.