My daughter is engineer and is seeking admission to "mathematical Finance" program. I would appreciate feedback on the prospects of this study program in terms of degree of difficulty in completing the course and job prospects. We need to decide soon. We would appreciate a quick response

This program will help her get into the core financial sector - dealing with hardcode numbers, formulas and calculation. Good field if you are really into numbers. Job market might range from in or around financial sector, investment sectors, etc; something like a financial analyst.
Depending on if it is a diploma or a masters or anywhere between, the knowledge gained could be combination of Maths, Stats and Economics.