Overview

Courses in the Mathematical Finance program at University of Miami cover a broad array of topics that prepare students to enter the worlds of finance, risk management, and financial computing.

Mission

The Master of Science in Mathematical Finance program is dedicated to producing technically trained professionals with an understanding of how to analyze and value complex investments, and assess the associated risks.

The financial landscape is constantly changing, and we design the MSMF curriculum to equip students with skills and knowledge that will provide the foundation for their future success. Our program seeks the proper balance between the mathematical and statistical theory, programming practice and financial applications.

Programme Structure

Courses include:

Statistical Analysis

Statistical Analysis with Financial Applications

Optimization Methods

Mathematical Finance

Stochastic Calculus with Applications to Finance

Computational Methods of Finance

Financial Investments

Advanced Topics in Investments

Parallel Computing

Artificial Intelligence

Machine Learning

Neural Networks

Key information

Duration

Full-time
- 18 months

Start dates & application deadlines

Starting 2026-08-18 00:00:00
- Apply before 2026-03-15 00:00:00

Language

English

IELTS

6.5

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TOEFL^® IBT

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Duolingo English Test

125

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Credits

34 SCH

Delivered

On Campus

Campus Location

Miami, United States

Disciplines

Applied Mathematics View 162 other Masters in Applied Mathematics in United States

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Academic requirements

GPA

GRE^®

Required

English requirements

IELTS

6.5

Free IELTS Mock Tests!

TOEFL^® IBT

Schedule TOEFL®

Duolingo English Test

125

Take A Free Practice Test!

Check IELTS test dates and locations. Book an IELTS test now!

Other requirements

General requirements

Complete an online application.

Pay application fee as part of your online application (currently $85)

Provide official GRE scores. Note that the GRE scores can be at most 5 year old.

Provide official TOEFL score, if your native language is not English

Provide 2 letters of reference.

Provide a resume with exact dates of employment (note: work experience is NOT required for MSMF)

Provide official transcripts from all undergraduate institutions attended.

Provide a purpose statement: In 300 words or less, describe your area of interest and what your goals are upon completion of the MSMF program.

Student insurance

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:

Additional medical costs (i.e. dental)
Repatriation, if something happens to you or your family
Liability
Home contents and baggage
Accidents
Legal aid

We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

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Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at University of Miami and/or in United States, please visit Student Insurance Portal.

Tuition Fee

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International

45540 USD/year

Tuition Fee

Based on the tuition of 45540 USD per year during 18 months.
National

45540 USD/year

Tuition Fee

Based on the tuition of 45540 USD per year during 18 months.
In-State

45540 USD/year

Tuition Fee

Based on the tuition of 45540 USD per year during 18 months.

Living costs for Miami

1508 - 2603 USD /month

Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Financing

Interested in financing your studies? Find a student loan that works for you.

MPOWER Financing Loans for studying in the USA & Canada - no co-signer or credit check!

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DISCLAIMER – Subject to credit approval, loans are made by Bank of Lake Mills or MPOWER Financing, PBC. Bank of Lake Mills does not have an ownership interest in MPOWER Financing. Neither MPOWER Financing nor Bank of Lake Mills is affiliated with the school you attended or are attending. Bank of Lake Mills is Member FDIC. None of the information contained in this website constitutes a recommendation, solicitation or offer by MPOWER Financing or its affiliates to buy or sell any securities or other financial instruments or other assets or provide any investment advice or service. 2022 © MPOWER Financing, Public Benefit Corporation NMLS ID #1233542. 1101 Connecticut Ave NW Suite 900, Washington, DC 20036

Funding

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.

Scholarships Information

Below you will find Master's scholarship opportunities for Mathematical Finance.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

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