12 months
15456 USD/year
15456 USD/year
9090 USD/year
Tuition fee
Apply date
Start date


The Mathematical Finance program of Rutgers University trains exceptional quantitative analysts who combine an in-depth theoretical foundation in mathematical and statistical models, critical applied computer programming skills, and a practical knowledge of the world of finance.


Graduates of the Mathematical Finance program of Rutgers University are ready to make immediate contributions to the employers at hedge fund companies, assets and risk management firms, investment banks, insurance companies, rating agencies, energy trading firms, and an expanding network of businesses that rely on advanced financial engineering methods.

Why MSMF at Rutgers

The MSMF program consists of a combination of core and elective courses, a practical training experience within the first year and a master’s degree essay prior to graduation.

The curriculum is highly interdisciplinary and is frequently updated to meet the changing needs of the financial industry. Courses are taught by an outstanding team of faculty members and expert industry practitioners.

Our degree program, integrates theoretical foundations with practical applications to quantitative finance. Core courses are offered by the departments of Mathematics, Statistics, and Electrical and Computer Engineering; electives are offered by these departments, the Business School, and the departments of Computer Science, Economics, Systems Engineering, and Operations Research.

Students may pursue the program full or part time, and courses are offered in the evening to accommodate students who work during day at internships or full-time positions.

Programme Structure

Courses include:

  • Mathematical Finance
  • Econometrics
  • Numerical Analysis
  • Computational Finance
  • Programming Methodology for Numerical Computing and Finance (C++)
  • Fixed-income Securities and Derivative Modeling

Key information


  • Full-time
    • 12 months

Start dates & application deadlines


30 alternative credits


On Campus

Academic requirements

GPA admission requirements GPA

Other requirements

General requirements

  • Online Application
  • Application fee
  • Official University Transcripts
  • Letters of Recommendation
  • The Supplementary Form
  • Prerequisite Document
  • Personal Statement
  • Resume

Tuition Fee

To alway see correct tuition fees
  • International

    15456 USD/year
    Tuition Fee
    Based on the tuition of 15456 USD per year during 12 months.
  • National

    15456 USD/year
    Tuition Fee
    Based on the tuition of 15456 USD per year during 12 months.
  • In-State

    9090 USD/year
    Tuition Fee
    Based on the tuition of 9090 USD per year during 12 months.

Living costs for New Brunswick

1204 - 2963 USD /month
Living costs

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


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

Mathematical Finance
Rutgers University


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