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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.
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Visit official programme websiteProgramme 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
- Starting
- Apply before
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- Starting
- Apply before
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Language
English
IELTS 7
TOEFL® IBT 84
Credits
30 alternative credits
Delivered
On Campus
Disciplines
Financial Mathematics Actuarial Science View 85 other Masters in Financial Mathematics in United StatesAcademic requirements
GRE® 150 (verbal)
165 (quantitative)
3 (analytical)
English requirements
IELTS 7
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
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International
28980 USD/yearTuition FeeBased on the tuition of 28980 USD per year during 12 months. -
National
28980 USD/yearTuition FeeBased 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.
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Due for update
Updated over a year ago
Check the official programme website for potential updates.