This intensive 12 month coursework program is the natural culmination of a sequence of program developments in this dynamic and important field that started with “PhiMac”, the Math department’s research group in financial mathematics. The new MFM program will build on the strength, experience and reputation of PhiMac featuring a focused set of core technical and professional outcomes.   The program will provide incoming students with a broad range of quantitative problem solving skills which will lead to promising career paths in the finance industry. It begins with two four-month terms focused on coursework and ends with a four month “major industrial project” whose requirements to learn industry practice by direct interaction with industry professionals may be completed in one of several different ways. The resulting credential, the MFM degree, will be valued and respected as a confirmation of both the high quality training and the integrity of the graduate.