McMaster University Menu Search
Faculty of Science Mathematics & Statistics
Faculty of Science

Mathematics & Statistics

Financial Mathematics:

mathfinanceThe goal at PhiMAC, the Financial Mathematics Laboratory, is to develop analytical and computational tools to analyse, model and make decisions in financial markets. Research focuses on a wide range of problems that include asset pricing, credit risk and interest rate modelling. In each of these areas, we pursue theoretical results (such as generalizing the usual Brownian motion assumptions to cases where markets are driven by more general jump processes) and address the related numerical implementation and calibration issues. For example, research in optimal portfolio selection uses convex analysis to study theoretical existence of an optimal choice of asset allocation under general market uncertainty, as well as numerical methods such as Monte Carlo simulations to actually construct such portfolios for given market data.

Master in Financial Mathematics (M-Phimac) 

Faculty in Financial Mathematics:

  • Matheus Grasselli - Financial Mathematics, Mathematical Physics, Information Geometry
  • Thomas R. Hurd - Financial mathematics, quantum fields
  • David Lozinski - Financial Mathematics
  • Traian Pirvu - Financial Mathematics
McMaster University - Faculty of Science

Mailing Address

Department of Mathematics & Statistics
McMaster University

Hamilton Hall, Room 218
1280 Main Street West
Hamilton, Ontario, Canada
L8S 4K1

Contact Information

Office Hours:
8:30 a.m. - 12:00 p.m.
1:00 p.m. - 4:30 p.m.
Telephone Inquiries:
+1 (905) 525-9140 ext.27034
Undergrad Email Inquiries:
undergrad@math.mcmaster.ca

McMaster University - Faculty of Science

Mailing Address

Department of Mathematics & Statistics
McMaster University

Hamilton Hall, Room 218
1280 Main Street West
Hamilton, Ontario, Canada
L8S 4K1

Contact Information

Office Hours:
8:30 a.m. - 12:00 p.m.
1:00 p.m. - 4:30 p.m.
Telephone Inquiries:
+1 (905) 525-9140 ext.27034
Undergrad Email Inquiries:
undergrad@math.mcmaster.ca