Phimac, the Department and McMaster University
Established in 1999, Phimac - the Financial Mathematics laboratory
at McMaster - is a group of faculty, postdoctoral fellows and graduate
students working on the theory and practice of financial mathematics,
including derivative pricing models in complete and incomplete markets,
credit risk modeling, statistical properties of financial time series,
interest rate models, and portfolio risk management. More generally,
we are interested in problems from all areas of industrial mathematics.
We welcome contact from partners in industry and academia who face
challenges in finance or other industrial areas that have a mathematical,
statistical, or computational foundation.
The Mathematics and Statistics
Department at McMaster University is a largesized
department of 37 regular faculty, 19 post-doctoral
fellows and 87 graduate students.
Research seminars in Algebra, Analysis, Applied Math, Finance, Geometry
and Topology, and Statistics and the weekly Colloquium attract some of the
world's most prominent mathematicians.
The department is well-known throughout the world mathematical
community for the high quality of research in many areas of mathematics
and statistics. A 2000 survey by OST ranks McMaster third among
Canadian mathematics departments based on the impact of published
research in our department.
The Department of Mathematics and Statistics is located in the James Stewart
Centre for Mathematics, located in McMaster's historic Hamilton Hall,
providing agreeable space for the faculty and graduate students. A "Math
Café" on the main floor provides a natural setting for informal meetings.
Hamilton Hall is located in the centre of campus and affords panoramic
views of the forested area which borders the scenic McMaster campus.
McMaster University, located in Hamilton, Ontario, is a mid-sized, research
intensive university with approximately 2,740 graduate students and 19,100
undergraduate students. The University is located in West Hamilton on an
attractive campus measuring 296 acres beside the Royal Botanical Gardens.