Succeed
    Financial Mathematics: Applications in Investment Analysis
    In-person Program

    Financial Mathematics: Applications in Investment Analysis

    by Brown Pre-College Programs

    Brown’s finance summer course connects probability and portfolio theory with investment decisions, using historical-data simulations, assignments and collaborative projects.

    Last verified: 9 Oct 2026Reviewed by:SSSean Stevens

    Get the full picture before you decide

    Request your Program Guide. We'll email it within 24 hours.

    or let us know if .

    • What Succeed checks

      We review public program details such as eligibility, age range, cost, duration, location, format, accommodation, meals and application timing.

    • What Last verified means

      Last verified is the latest date Succeed checked the public details shown on this page. Program dates, prices and availability can still change.

    • How official sources are used

      Succeed uses official provider information where available, then rewrites it into a student-facing summary for comparison and planning.

    • Why some dates are reference dates

      If the current cycle is not available, Succeed may show the latest verified cycle dates so you can understand typical timing.

    • Succeed is independent from this provider unless a partnership is clearly stated.

    Financial Mathematics Applications at a glance: cost, dates and eligibility

    Current status

    Upcoming

    Eligibility

    Grades 9-12; solid basic algebra

    Age range / Year group

    Ages 14-18

    Location / Region

    Providence, Rhode Island, United States

    Cost

    $8,372; $6,416

    Duration

    3 weeks

    Format

    In-person

    Next deadline

    Not announced · Next cycle not announced

    Get next-cycle reminder
    FinanceMathematicsStatistics
    Accommodation: University residence halls
    Meals: Residential: three daily; commuter: one daily
    Certificate / Outcome: Digital certificate; Course Performance Report
    Latest verified cycle: 2026
    Sessions / cadence: M-F 12:15-3:05 p.m.; homework 2-3 hours/day
    Instructor: Mehdi Khorami
    Campus experience: Workshops, activities and excursions

    Financial Mathematics Applications summary

    This course introduces the mathematics behind investment portfolios and risk management, connecting probability models and Markov processes with financial decisions.

    Students work through lectures, individual assignments, small group discussions, historical-data simulations, projects and presentations.

    It suits students who enjoy mathematical reasoning and want to test whether quantitative finance interests them.

    What is Financial Mathematics: Applications in Investment Analysis?

    Financial Mathematics: Applications in Investment Analysis is a Brown University Pre-College course exploring how mathematical models inform investment decisions. It introduces Probability Theory and Markov Processes, then applies them to Portfolio Theory and Risk Management.

    Students study on Brown’s campus through lectures, discussions, individual assignments and collaborative projects. Historical-data simulations connect abstract ideas with estimates of financial behavior, while presentations give students practice explaining their work.

    Why Succeed highlights Financial Mathematics Applications

    • The curriculum connects probability calculations with concrete questions about portfolio returns and risk.

    • Historical-data simulations help students examine how mathematical assumptions inform financial estimates.

    • Individual assignments and collaborative presentations offer several ways to practice and explain quantitative reasoning.

    • The Course Performance Report provides instructor commentary alongside the completion credential.

    Who is Financial Mathematics Applications for?

    Best for

    Students who enjoy algebra and want to explore how probability, simulations and portfolio models shape investment decisions.

    Not ideal if

    You want a light introduction to business with little mathematical work, or need a course that awards college credit.

    Is Financial Mathematics Applications worth it?

    This course is worth considering if you want to test your interest in quantitative finance through sustained mathematical work. Its combination of probability, portfolio selection and historical-data simulations offers a focused way to connect classroom mathematics with financial applications.

    The value depends on how much you want the campus experience and collaborative study alongside the academic content. It is a substantial family investment, carries no college credit and is not a prospecting program for Brown undergraduate admission.

    Sean, founder of Succeed

    Sean

    Founder, Succeed

    Talk it through with Sean

    Want to talk it through?

    “I can help you compare the programmes you're considering, think through the practicalities and work out what makes sense for you.”

    20 minutes · No obligation to enrol

    A practical overview of cost, accommodation, meals, dates and provider details to review before deciding.

    Cost and what is included

    $8,372; $6,416; includes One three-week on-campus course., Residential option: campus housing and three meals daily., Commuter option: one dining-hall meal daily., Fitness, athletic and aquatics center access., Program activities and excursions., Digital completion certificate after successful completion., Instructor Course Performance Report..

    Accommodation

    University residence halls

    Meals

    Residential: three daily; commuter: one daily

    Supervision or safety information

    Trained residential staff provide support, nightly check-ins and 24/7 on-call assistance. Students are expected to manage their time independently and may explore Rhode Island independently within program rules.

    Provider details

    Review the Brown Pre-College Programs provider page and official sources before making a final decision.

    Dates and logistics

    3 weeks; Providence, Rhode Island, United States.

    What to check before committing

    Confirm current dates, payment terms, travel arrangements, cancellation rules and what is included with the provider.

    Compare this program with similar options before deciding on dates, cost, format and fit.

    Compare with similar programs

    How much preparation does Financial Mathematics Applications need?

    Effort level

    High.

    Best started

    Allow four to six weeks before a future application deadline for the essay, grades and any language testing.

    Main challenge

    Connecting probability models with portfolio decisions while managing independent work.

    Typical preparation

    • Refresh basic algebra before tackling the course’s probability and portfolio topics.

    • Gather current and previous academic-year grades and draft your application essay.

    • Arrange English proficiency testing early if it applies to you.

    • Plan travel, study routines and family communication before the session begins.

    Useful if

    You want to explore quantitative finance before choosing further study.

    What do students do on Financial Mathematics Applications?

    You investigate investment decisions through probability models, portfolio calculations and simulations based on historical data. Lectures and discussions are combined with individual assignments, group projects and presentations.

    Step-by-step process

    1. 1

      Build an understanding of sample spaces, probability models and random variables.

    2. 2

      Calculate expectations, mean, variance and conditional probabilities.

    3. 3

      Explore Markov processes and their financial applications.

    4. 4

      Analyze asset returns, portfolio returns and optimal portfolio selection.

    5. 5

      Use historical-data simulations and explain your work through projects and presentations.

    Financial Mathematics Applications dates and deadlines

    Next cycle not announced yet. These dates are from the latest verified cycle and should be used as a reference only.

    Application deadline

    15 May 2026

    General Brown Pre-College application deadline.

    Reference date

    Programme dates

    6-24 July 2026

    Reference date

    Applications open

    14 January 2026

    Brown Pre-College’s 2026 application opening.

    Reference date

    Final admission decisions

    22 May 2026

    Reference date

    Eligibility and requirements

    • Complete grades 9-12 before attending.

    • Meet the 2026 age requirement: 14-18 by June 14.

    • Have a solid background in basic algebra.

    • No previous finance or calculus study is required.

    • Demonstrate strong English proficiency.

    • Submit TOEFL iBT or Duolingo results when required.

    How much does Financial Mathematics Applications cost?

    Residential program fee

    $8,372 — 2026 total for one three-week course.

    Funding or discounts

    • Commuter program fee: $6,416 — 2026 total for one three-week course.
    • Application fee: $80 — Fee waivers are available for eligible applicants.
    • Enrollment deposit: $500 — Required before course enrollment; normally non-refundable.
    • Scholarships: Sibley; PPSD — Separate application and eligibility requirements apply.
    • Applicable insurance fee: $80 — Required for international students and uninsured U.S. students.

    What's included

    One three-week on-campus course., Residential option: campus housing and three meals daily., Commuter option: one dining-hall meal daily., Fitness, athletic and aquatics center access., Program activities and excursions., Digital completion certificate after successful completion., Instructor Course Performance Report.

    How to apply to Financial Mathematics Applications

    1. 1

      Create one applicant account through Brown’s Student Portal.

    2. 2

      Complete the application form and a 250-500-word essay.

    3. 3

      Upload current and previous academic-year grades and pay the application fee or obtain a waiver.

    4. 4

      Provide any required English test results and your recommendation if you choose to submit one.

    5. 5

      Monitor the portal for requests and the admission decision.

    6. 6

      After admission, confirm the course can be booked before paying the deposit.

    7. 7

      Submit the deposit and enroll in the course separately through the portal.

    Next step with Succeed

    Interested in this programme?

    or let us know if .

    Succeed replies first, usually within a working day

    What does Financial Mathematics Applications cover?

    The program covers the following focus areas.

    Probability models

    Study sample spaces, random variables, expectations, mean, variance and conditional probability.

    Markov processes

    Identify Markov processes and explore their use in financial applications.

    Portfolio theory

    Examine long and short positions, asset returns, portfolio returns and optimal portfolio selection.

    Financial simulations

    Use historical data to estimate parameters and investigate possible future behavior.

    Curriculum may be adjusted based on participant interests and current developments.

    What is a typical day on Financial Mathematics Applications?

    A typical day during the program.

    Course meetings

    Attend lectures, discussions and course activities every weekday.

    Independent work

    Complete homework and project work outside class, managing your own study time.

    Campus activities

    Choose optional workshops, activities and events around your academic commitments.

    Residential check in

    Check in face to face with residential staff and remain on your floor until 6 a.m.

    Who teaches on Financial Mathematics Applications?

    Mehdi Khorami is the named instructor for the listed course section. Students can use instructor office hours to discuss course content and assignments, alongside Brown’s library, writing and language-support resources.

    Where do students stay on Financial Mathematics Applications?

    Residential plan

    • University residence halls: Rooms include furniture, wireless internet and portable or central air conditioning.
    • Three daily meals: Breakfast, lunch and dinner are included in Brown’s all-you-care-to-eat dining halls.
    • Residential staff support: Trained staff provide nightly check-ins and 24/7 on-call support.
    • Campus activities and facilities: Program activities, excursions and fitness, athletic and aquatics center access are included.

    Non-residential plan

    • Commuter participation: Attend classes and use campus resources and activities without overnight housing.
    • One daily meal: One dining-hall meal is included each day; additional meals can be purchased.
    • Local transit access: Commuters receive free RIPTA access with their Brown ID during the course.

    Rooms may be single, double or triple occupancy; roommate requests are not honored. Students bring their own bedding and towels.

    What happens after Financial Mathematics Applications?

    After completing this program, participants often pursue:

    Apply probability methods to financial questions.

    Explain portfolio returns and optimal portfolio selection.

    Use simulations to investigate behavior from historical data.

    Earn a digital CeCertificate after successful completion.

    Receive an instructor Course Performance Report.

    This is a non-credit course and is not a prospecting program for Brown undergraduate admission.

    Where does Financial Mathematics Applications take place?

    The course takes place on Brown University’s campus in Providence, Rhode Island. Families arrange transportation independently, while commuter students can use free RIPTA transit with their Brown ID during the course.

    Financial Mathematics Applications FAQs

    No finance or calculus background is required. You do need a solid background in basic algebra.

    The course covers probability models, random variables, mean and variance, conditional probability and Markov processes. Students apply these ideas to asset returns, portfolio selection and simulations using historical data.

    The listed section meets Monday through Friday from 12:15 p.m. to 3:05 p.m. ET. Summer@Brown also expects at least two to three hours of homework each day.

    Yes. Summer@Brown offers a commuter option with one on-campus meal per day, campus resources, activities and fitness facilities, without a campus room assignment.

    This is a non-credit course. Successful completion earns a digital CeCertificate of Completion, and the three-week course qualifies for a Course Performance Report.

    No. Students apply to Brown Pre-College first and enroll in a specific course separately after admission and payment of the required deposit.

    Trained residential staff provide support, nightly check-ins and 24/7 on-call assistance. Students are expected to manage their time independently and may explore Rhode Island independently within program rules.

    Alternatives to Financial Mathematics Applications

    Compare these options if you want finance coding, broader business study or a different campus experience.

    Alternatives to Financial Mathematics Applications

    Save this program in Succeed to compare it with similar programs, dates, costs and formats in one place.

    Compare with other programs
    Sean Stevens

    Content reviewed by

    Sean Stevens

    Co-founder, Succeed | Founder, Immerse Education (2012–2026)

    Sean works at the intersection of academic enrichment, program quality and university preparation, with expertise in evaluating pre-university experiences for ambitious secondary school students.

    View author page

    Sources and verification

    Source types reviewed

    • Handbook of Pre-College Policies | Pre-College Program | Brown University
    • Frequently Asked Questions (FAQ) | Pre-College Program | Brown University
    • Financial Policies and Payment Information | Pre-College Program | Brown University
    • Commuter - Summer@Brown On Campus | Pre-College Program | Brown University
    • Summer@Brown On Campus | Pre-College Program | Brown University
    • Summer@Brown
    • Application Checklist | Pre-College Program | Brown University
    • Apply | Pre-College Program | Brown University
    • Program Dates and Costs | Pre-College Program | Brown University
    • 2026 Program Costs — Breakdown of Fees
    • Financial Mathematics: Applications in Investment Analysis - Pre-College Course Catalog"

    Succeed uses official provider information where available, but keeps this public page focused on comparison and planning inside Succeed.

    What we verified (on 9 Oct 2026)

    • Course curriculum reviewed

    • Academic prerequisites checked

    • Historical application deadline checked

    • Residential and commuter fees checked

    • Daily workload reviewed

    • Certificate conditions checked

    • Campus support policies reviewed

    How Succeed uses this information

    We use source material to verify core facts, then show older cycle dates as reference when a current cycle is not available. Always check current application instructions before applying.