Overview

The Mathematics of Finance M.A. at Columbia University provides a sophisticated integration of mathematical theory and practical financial application. This specialised programme leverages the extensive resources of both the Department of Mathematics and the Department of Statistics to deliver a comprehensive education in quantitative finance. Students engage with complex subjects including stochastic processes and numerical methods to prepare for high-level roles in the global financial sector.

Why Mathematics of Finance at Columbia University?

Choosing this programme means joining a community with a global network of over 1,400 alumni spanning 42 countries. The curriculum is uniquely balanced between academic rigour and industry relevance, with many applied courses delivered by active professionals from the financial sector. Students benefit from the university's diverse strengths in mathematics and statistics, while also having the flexibility to select elective modules from across the entire institution to tailor their learning experience.

Tuition Fee Breakdown

International fee: USD 47194 per semester
National fee: USD 47194 per semester
Local fee: USD 47194 per semester

Visit the Fees and Funding section for a breakdown in your local currency.

Syllabus

Modules may include:

Mathematics of Finance
Statistics
Stochastic Processes
Numerical Methods
Financial Applications
Calculus
Linear Algebra
Differential Equations
Probability

Careers with Mathematics of Finance

Graduates of the programme are highly sought after by leading global organisations within the financial industry. The curriculum prepares students for diverse career paths, including quantitative analysis, risk management, and financial engineering. Many alumni secure positions in major financial hubs worldwide, while others utilise the rigorous mathematical training as a foundation for pursuing doctoral research in related quantitative fields. The programme's dedicated career development resources and strong links to industry practitioners further enhance the professional prospects of its graduates.

Programme Structure

Courses include:

Mathematics of Finance
Statistical Inference / Time-Series Modeling
Stochastic Processes – Applications
Numerical Methods in Finance
Quantitative Methods in Investment Management
Linear Regression Models

Key information

Duration

Full-time
- 12 months

Start dates & application deadlines

Starting 2027-09-08 00:00:00
- Apply before 2027-05-01 00:00:00

Language

English

TOEFL^® IBT

100

Schedule TOEFL®

Credits

30 SCH

Delivered

On Campus

Campus Location

Manhattan, United States

Disciplines

Mathematics Finance View 593 other Masters in Mathematics in United States

This information is based on LinkedIn alumni data for graduates from 2018 to 2024 and may not fully represent all career outcomes

Total alumni

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Academic requirements

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

English requirements

TOEFL^® IBT

100

Schedule TOEFL®

Other requirements

General requirements

Transcripts of all previous post-secondary education
Statement of academic purpose
Personal statement (new for 2024)
Curriculum vitae or résumé
Letters of recommendation from academic sources
GRE scores, if required by the department or program
Official TOEFL or IELTS scores, for applicants required to fulfill the English Proficiency Requirement
Sample of scholarly writing, if required by the department or program
Payment of the application fee

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

94388 USD / year

≈ 94388 USD / year
Out-of-State

94388 USD / year

≈ 94388 USD / year
Domestic

Applies to you

In-State

94388 USD / year

≈ 94388 USD / year

Living costs

Manhattan

United States

2638 - 5751 USD / month

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

Financing

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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.

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Scholarships Information

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

Available Scholarships

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