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Financial Mathematics Team Challenge

Each year, since 2014, Masters and PhD students gather to form four or five mixed teams led by a PhD student and mentored by an academic or an industry practitioner. The goal of the FMTC is to create an opportunity for postgraduate students (studying in a developing country) to interact with international students and academics. Students work together in teams on a topical and industry-relevant research project without any distractions. At the same time, the FMTC produces a platform for developing lasting links with overseas postgraduate students and experienced scientists. The FMTC teams are assembled so that students learn to work in diverse teams while they are exposed to a beneficial dose of competition.

University of Cape Town – South Africa

Financial Mathematics Team Challenge 2015 (video)

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FGV – Rio de Janeiro – Brazil

Encouraged by the consistent positive feedback by past FMTC participants and the industry, which over the years has grown keen to hire students with an FMTC experience, the first FMTC Brazil (FMTC-BR) was hosted by the Fundação Getulio Vargas (FGV) in Rio de Janeiro in 2018 and co-organised with UCL Mathematics.

Financial Mathematics Team Challenge 08-

Fundação Getulio Vargas - EMAp

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Financial Mathematics Team Challenge

Brazil, FGV:

FMTC-BR I 2018 Report

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​FMTC-BR II 2019 Report

Financial Mathematics Team Challenge 08-
Financial Mathematics Team Challenge 08-
Financial Mathematics Team Challenge 08-
Financial Mathematics Team Challenge 08-

©biancagensfotografia 2018                                                                                                                                                    FMTC-BR I                                                                                                                                                                                FGV, 8-18 August 2018

Students and young researchers in developing countries sometimes can feel isolated from the big international centres of research and innovation. The enduring scarcity of Science, Technology, Engineering and Mathematics (STEM)-educated young talent produces much competition in the industry to secure the graduates with such a background. Such situations can produce vicious circles and exacerbate brain-drain from higher education institutions, which struggle to grow and foster future generations of domestic researchers and academics. Attracting established or promising scientists from cutting-edge international research hubs might be even harder. The FMTC, even if just a drop in an ocean, endeavours to create opportunities in particular for keen, less privileged students at their institutions, at home, in places with much drive and aspiration, which try to break what sometimes seems to be a circle with little hope of escaping from.

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©biancagensfotografia 2019                                                                  FMTC-BR II

FGV, 24 July - 3 August 2019

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