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M.Sc. On Campus

Financial Mathematics

Worcester Polytechnic Institute

12 months
Duration
28980 USD/year
28980 USD/year
Unknown
Tuition fee
Unknown
Apply date
Unknown
Start date

About

Distinguished by its mathematically rigorous course content and direct applications to industry, the Financial Mathematics program of Worcester Polytechnic Institute will prepare you for a successful career in the financial services industry.

Overview

Key Features

The Financial Mathematics program of Worcester Polytechnic Institute offers unique courses that bridge strong theoretical mathematical knowledge with practical, real-world projects, enabling you to gain industry-level experience in the classroom.

Our master’s in financial mathematics also provides the opportunity to learn from and work alongside internationally renowned faculty members who are spurring advances in topics including portfolio optimization, liquidity, credit and systemic risk, and numerical methods of stochastic and partial differential equations.

Programme Structure

  • Through core financial mathematics masters courses, you’ll build a strong foundation in concepts and processes involved in arbitrage-based pricing of derivative securities and fixed income securities, based on a sound understanding of measure-theoretic probability theory and stochastic processes. You’ll also take advanced courses that give you in-depth knowledge and hands-on practice in computational methods in finance, portfolio management, and market and credit risk modeling.
  • You will complement your financial mathematics masters studies with courses in financial management, information technology, or computer science, as well as a professional skills development seminar and capstone experience involving a project, practicum, or advanced course.

Key information

Duration

  • Full-time
    • 12 months

Start dates & application deadlines

Language

English
IELTS admission requirements IELTS
7
TOEFL admission requirements TOEFL® IBT
84

Credits

30 alternative credits

Delivered

On Campus

Academic requirements

GRE admission requirements GRE®
150 (verbal)
165 (quantitative)
3 (analytical)

English requirements

IELTS admission requirements IELTS
7
TOEFL admission requirements TOEFL® IBT
84

Other requirements

General requirements

  • Transcripts for all post-secondary colleges or universities
  • Application fee of $70
  • Three letters of recommendation from individuals who can comment on your qualifications for pursuing graduate study are required
  • GRE: Subject test in math is strongly recommended. There are no minimum GRE scores, but the average for admitted students is typically 150 verbal, 165 quantitative, and 3.0 analytical
  • TOEFL / IELTS scores

Tuition Fee

To alway see correct tuition fees
  • International

    28980 USD/year
    Tuition Fee
    Based on the tuition of 28980 USD per year during 12 months.
  • National

    28980 USD/year
    Tuition Fee
    Based on the tuition of 28980 USD per year during 12 months.

Living costs for Worcester

1100 - 1620 USD /month
Living costs

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

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.

Due for update

Updated over a year ago

Check the official programme website for potential updates.

Our partners

Financial Mathematics
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Worcester Polytechnic Institute

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