The Engineering Newsletter
The Engineering Newsletter       The Engineering Newsletter

New 'Math, Stats and Finance' Major Approved for Engineering Science


On January 12 the University’s Committee on Academic Policy and Programs approved the new ‘Engineering Mathematics, Statistics and Finance’ Major in Engineering Science. This new Major will be the first undergraduate program of its kind in Canada. Students will be provided with a strong background in mathematics and statistics, and an understanding of how these disciplines apply to practice in quantitative finance through the use of engineering tools, such as optimization. Students will learn about financial theory that governs the dynamics of financial instruments and markets, which impact our global community.

The new Major will be lead by faculty members in the Department of Mechanical and Industrial Engineering in cooperation with the Department of Statistics, the Department of Mathematics and the Rotman School of Management at the University of Toronto. This new Major will open doors for graduates across a wide spectrum of disciplines such as consulting engineering, the public sector, energy, mining, insurance, banking, aerospace, and manufacturing. Students in Engineering Science will be well matched for the demanding rigor of this Major and will be well prepared to enter both industry as well as tier 1 North American graduate school programs in related fields.

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