Studyportals

Financial Mathematics

University of Minnesota

Master
12 months
Duration
27204 USD/year
27204 USD/year
17580 USD/year
Unknown
Tuition fee
Unknown
Apply date
Unknown
Start date

About

The Master of Financial Mathematics from University of Minnesota prepares students to enter the field of quantitative finance, which merges the disciplines of finance, mathematics, statistics, economics and computer/data science. 

Overview

The Master of Financial Mathematics program from University of Minnesota has a strong academic curriculum and a multifaceted career development program.  MFM students develop a foundation in mathematical and statistical modeling, data science and risk analysis within the specific domain of quantitative finance. Our alumni work in a wide range of quantitative finance and data science jobs. 

We have a tight-knit relationship with our quantitative finance and data science alumni and practitioner network in Minneapolis-St. Paul, nationwide and globally.  All courses are held at night to facilitate working students as well as full time students, who can engage in additional academic and career activities during the day.

Programme Structure

Courses included:

  • Mathematical Background for Finance
  • Mathematical Theory Applied to Finance
  • A Practitioner's Course in Finance
  • Computation, Algorithms, and Coding in Finance
  • Topics in Financial Mathematics

Key information

Duration

  • Full-time
    • 12 months

Start dates & application deadlines

Language

English
IELTS or TOEFL needed

Credits

32 alternative credits

Delivered

On Campus

Academic requirements

GPA admission requirements GPA Your GPA, or Grade Point Average, is a number that indicates how well or how high you scored in your courses on average. Usually a GPA scales between 1.0 and 4.0, however different countries and universities can have different grading systems.
3 (required)
GRE admission requirements GRE® The GRE® General Test is a widely administered admissions test that measures the skills needed in today's graduate and business school programs worldwide. It contains three sections - Verbal Reasoning, Quantitative Reasoning, and Analytical Writing. Three scores are reported: a Verbal Reasoning score on a 130 - 170 score scale in one-point increments, a Quantitative Reasoning score on a 130 - 170 score scale in one-point increments, and an Analytical Writing score on a 0 - 6 score scale in half-point increments.
GMAT admission requirements GMAT The Graduate Management Admission Test (GMAT) is a test intended to assess certain analytical, writing, quantitative, verbal, and reading skills in written English for use in admission to a graduate management program, such as an MBA. GMAT contains 4 sections - Analytical Writing Assessment, Integrated Reasoning, Quantitative and Verbal. The score has a range from 200 - 800.

English requirements

IELTS admission requirements IELTS The International English Language Test System (IELTS) tests your English-language proficiency on a scale of 1 – 9. The score refers to the combined average score of 4 subjects (writing, listening, speaking, and reading).
6.5 (required)
TOEFL admission requirements TOEFL® IBT The TOEFL iBT® is given online through the internet at desiganated testing site. The test measures your English-language abilities in an academic setting. The score refers to the total score of 4 subjects (writing, listening, speaking, and reading), each subject has a range of 0 - 30.
79 (required)
PTE Academic admission requirements PTE Academic PTE Academic (Pearson Test of English Academic) is a language test that enables students to demonstrate their writing, listening, speaking, and reading skills when applying to study in English. The score refers to a total score which ranges between 10 and 90.
59 (required)

Other requirements

General requirements

  • Admission to a UMN graduate program requires a bachelor’s degree from an accredited institution in the U.S., or a comparable degree from outside the U.S.
  • Many graduate programs prefer an undergraduate grade point average (GPA) of 3.0 (on a 4.0 scale) or higher for admission.
  • Graduate Record Examination (GRE)
  • Many graduate programs require letters of recommendation, submitted and uploaded online. 

Tuition Fee

  • International

    27204 USD/year
    Tuition Fee
    Based on the original amount of 13602 USD per semester and a duration of 12 months.
  • National

    27204 USD/year
    Tuition Fee
    Based on the original amount of 13602 USD per semester and a duration of 12 months.
  • In-State

    17580 USD/year
    Tuition Fee
    Based on the original amount of 8790 USD per semester and a duration of 12 months.

Funding

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

Our partners

Financial Mathematics
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University of Minnesota

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