Financial Mathematics - Master [2 Years]
$16,583 /Yr On-campus full_time

Master of Financial Mathematics

  • The Master of Financial Mathematics is a collaboration of the Department of Mathematics and the Department of Economics and Finance and integrates the study of statistics, computation, and modeling with training in the professional domain.
  • The capstone element of the program is a Mathematics Clinic, a research project in which the student applies mathematical, numerical, or statistical modeling methods to a problem related to the financial industry. 
  • The Mathematics Clinic can be a team project and can involve faculty members from both departments.

Tution & Application Fees

Year Year 1 Year 2
Tuition Fees $16583 $16583
Total Fees $16583 $16583

Examinations

Exam Type Exam Name Score Out of Score Exam Level
IELTS International English Language Testing System 6.5 9 3
TOEFL Test of English as a Foreign Language 80 120 3
PTE Pearson Test of English 60 90 3
GRE Graduate Record Examination 298 340 2

Academic Eligibility:

  • Applicants should have a bachelor's degree in science or technical areas such as mathematics, physics, computer science, engineering, economics, or finance.
  • They should have at least a 3.0 cumulative grade-point average on a 4.0 scale.
  • Mathematics coursework in calculus, differential equations, linear algebra, elementary probability, and statistics is required. Computer programming skills are also desirable.

Indian Eligibility:

Indian students are eligible to apply if they meet one of the following eligibility criteria:

  • Students must complete a 4-year undergraduate degree with first class in a relevant field from a recognized institution
  • Or, students completed a master's degree with first-class in a relevant field from a recognized institution.

Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test to get admission to this program.