Education in Financial Mathematics at ETH Zürich

The management of financial risks as well as the appropriate handling of modern financial instruments (options, futures or swaps) is an important task within each company. The basis for a sound management is a good understanding of the models and techniques used in Finance.
Financial Mathematics draws from the disciplines of probability theory, statistics, scientific computing and partial differential equations to provide models and derive relationships between fundamental variables such as asset prices, market movements and interest rates. These mathematical tools allow us to draw conclusions that can be otherwise difficult to find or not immediately obvious from intuition.

The ETH Zürich considers Financial Mathematics as one of its key subjects in education and research. The main goal of the education programme is to provide students with a sound understanding of the modern techniques and theories from Mathematical Finance which are used in financial institutions. The courses cover questions such as the pricing of derivatives, risk management or portfolio optimization.

Below, you find a list of currently offered courses in Financial Mathematics. As a prerequisite, we strongly recommend the course Probability Theory (Wahrscheinlichkeitstheorie), which is usually taught in German. Furthermore, there are several interesting stochastics courses on related topics which are offered on a regular basis such as Applied Stochastic Processes, Extreme Value Theory, Time Series Analysis, Regression,Mathematical Statistics, Multivariate Statistics and there is an extensive list for the education in Insurance Mathematics. Every semester a Research Seminar on Finance and Insurance Mathematics and Students' Seminars are offered. For additional information about the courses, please contact

Lecturers since 2002

• Freddy Delbaen
• Paul Embrechts
  
• Damir Filipovic
  
• Filip Lindskog
  
• Ana-Maria Matache
  
• Alex McNeil
  
• Thorsten Rheinländer
  
• Philipp Schönbucher
  
• Martin Schweizer

Courses and Seminars

From the following links you can learn about the current courses and the courses which have been offered in previous years.

[Summer 2005][Winter 2004/05]
[Summer 2004][Winter 2003/04]
[Summer 1998 - Summer 2002]