University Senate Proposed: September 26, 1997
RESOLUTION TO ESTABLISH A MASTERS DEGREE PROGRAM
IN THE MATHEMATICS OF FINANCE
WHEREAS, the emergence of the theory of finance as a new scientific discipline has created a need for financial analysts with specialized advanced training in mathematics, and
WHEREAS, the Education Committee has favorably reviewed a proposal (described in the attached summary) from the Department of Mathematics of the Graduate School of Arts and Sciences to establish a program whose graduates will earn a Masters degree in the Mathematics of Finance, and
WHEREAS, the Committee is satisfied that the proposal has been approved by the appropriate faculty committees in the Graduate School of Arts and Sciences, by the Registrar, the University Librarian, and the Provost;
THEREFORE BE IT RESOLVED, that the University Senate establish a new degree program in the Mathematics of Finance, with the proviso that the Education Committee will review the program in three years;
BE IT FURTHER RESOLVED, that this resolution be forwarded to the Trustees for appropriate action.