Overview

The Applied Financial Mathematics at University of Connecticut emphasizes finance, investing, and risk-management together with rigorous mathematical modeling and analytical techniques applied to problem-solving in those areas and communications skills required to be effective in a corporate environment.

Students do well in this program if they enter with a high GPA bachelor’s degree in mathematics, statistics, physics, engineering, quantitative economics, or other related fields and want a career applying their already strong mathematics skills and knowledge to the understanding and solution of problems involving finance, investing, and risk. No prior knowledge of business, finance or investing is required but the mathematics background is essential.

We expect applicants to have completed undergraduate coursework in differential calculus, integral calculus, multivariable calculus, differential equations, linear algebra and mathematical probability/statistics (taught in a calculus framework). If one of these is missing it can be made up upon enrollment, but usually an applicant’s background should be missing no more than one of these.

Internship Requirement

A practical internship, usually during the summer between the 2nd the 3rd semester of a student’s program, helps to assure a pragmatic dimension to the student’s development. 1 to 3 credits are earned, registering in Math 5850 (see above,) and more than one internship may be used (along with other options, as above) to meet the 6 credit Practicum requirement. With a wide range of financial firms in Connecticut (the leading U.S. insurance center and unofficial headquarters of the U.S. hedge fund industry) and in nearby New York and Boston, many students find attractive, well-paid internships, especially when the business is in a favorable point of its cycle. While we help students where possible to secure a paid internship, we cannot guarantee one because the business can be cyclical.
Securing such an internship is the student’s own responsibility. When necessary we enable students to meet the internship requirement by offering an unpaid internship assisting the research projects of faculty members who have extensive working experience in financial institutions. Another option to meet the internship requirement is to apply and be selected for one of the School of Business Experiential Learning Collaborative projects.

Programme Structure

Courses include:

Financial Statement Analysis

Investments and Securities Analysis

Futures and Risk Management

Fixed Income Instruments

Real Estate Investment and Portfolio Management

Real Estate Capital Markets

Finance Theory and Evidence

Theory of Financial Markets and Valuation

Key information

Duration

Full-time
- 12 months

Start dates & application deadlines

Starting 2026-08-25 00:00:00
- Apply before 2026-02-01 00:00:00

Language

English

IELTS

6.5

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Duolingo English Test

110

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Credits

30 SCH

Delivered

On Campus

Campus Location

Storrs, United States

Disciplines

Mathematics Finance View 484 other Masters in Finance in United States

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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

IELTS

6.5

Free IELTS Mock Tests!

PTE Academic

Schedule a PTE test!

TOEFL^® IBT

Schedule TOEFL®

Duolingo English Test

110

Take A Free Practice Test!

Check IELTS test dates and locations. Book an IELTS test now!

Other requirements

General requirements

You must hold a baccalaureate degree or its equivalent from a regionally accredited college or university.The Graduate School does not require a third-party credential evaluation, however we accept evaluations from the following services:

NACES (National Association of Credential Evaluation Services) or
AICE (Association of International Credential Evaluators)

If your degree is a 3 year bachelor’s degree from India, Canada, Australia, Sri Lanka or certain other countries, we will not consider the degree to be equivalent with a 4 year US bachelor’s degree. Even if the degree has been evaluated as a 4 year degree by an outside credential evaluator that is a member of NACES (National Association of Credential Evaluation Services) or AICE (Association of International Credential Evaluators), we will not consider the degree to be equivalent with a 4 year US bachelor’s degree.TranscriptsPersonal Statement of Purpose

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

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Tuition Fee

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International

45072 USD/year

Tuition Fee

Based on the tuition of 45072 USD per year during 12 months.
National

34056 USD/year

Tuition Fee

Based on the tuition of 34056 USD per year during 12 months.
In-State

23160 USD/year

Tuition Fee

Based on the tuition of 23160 USD per year during 12 months.

Living costs for Storrs

1100 - 1600 USD /month

Living costs

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 Applied Financial Mathematics.

Available Scholarships

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