Overview

Objectives

The objectives of the Financial Mathematics at METU Middle East Technical University are:

To provide students with the knowledge and skills which are necessary for comprehending and applying established and emerging techniques of Financial Mathematics and related fields in modern markets;

To cultivate the students’ ability in creating new, innovative techniques;

To analyze, advise and manage financial markets in Turkey and in the world;

To conduct research on risk modeling and management, modelling of stochastic processes, pricing and hedging, portfolio optimization and stochastic control, and on the development of new financial decision-making tools;

To present and discuss new scientific results and methods at international conferences, in premium journals and books, to initiate future research cooperation, and to contribute to a solution of urgent financial challenges.

Programme Structure

Courses include:

Probability Theory

Financial Derivatives

Stochastic Calculus for Finance

Financial Economics

Research Methods and Ethics

Key information

Duration

Full-time
- 24 months

Start dates & application deadlines

Starting 2025-09-30 00:00:00
- Apply before 2024-12-27 00:00:00 , International

Language

English

TOEFL^® IBT

79

Credits

120 ECTS

Delivered

On Campus

Disciplines

Financial Mathematics View 7 other Masters in Financial Mathematics in Turkey

Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

English requirements

TOEFL^® IBT

79

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.

Get your student insurance now

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 METU Middle East Technical University and/or in Turkey, please visit Student Insurance Portal.

Other requirements

General requirements

METU-EPE ≥ 64.5 or TOEFL ≥ 79 (see Equivalence Table for Recognised Exams)

ALES-quant.≥70

or GRE-quant.≥155 (GRE-quant.≥696)

At least two (2) reference letters

Letter of intention (included in the online form)

Tuition Fee

To always see correct tuition fees

International

1500 USD/year

Tuition Fee

Based on the tuition of 750 USD per semester during 24 months.

Living costs for Ankara

1600 - 2350 TRY /month

Living costs

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

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.

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Scholarships Information

Below you will find Master's scholarship opportunities for Financial Mathematics.

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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