Boston University - [BU], Massachusetts, Boston - Courses & Fees

Boston, Massachusetts

University Private (Not for Profit) College

The MS in Mathematical Finance & Financial Technology (MSMF) is a full-time, three-semester program.
The program consists of a total of 39-credit program with a common core during the first semester for the Master of Science in Mathematical Finance and Financial Technology.
MSMF students also have the option to graduate without completing a concentration.
Some of the main courses students go through in this program are:
- Algorithmic trading and high-frequency data
- Big data analysis and cloud computing
- Blockchain and cryptocurrencies
- Computational expertise in R and Python
- Credit risk modeling
- Deep learning and financial applications
- Derivatives valuation
- Portfolio theory and asset management
- Risk management
- Statistical, econometric, and machine learning techniques applied to the analysis of financial data
- Stochastic mathematics

Important Dates

Event	End Date
Application Deadline For Fall 2024 Intake Round 1	Nov 18, 2023
Application Deadline For Fall 2024 Intake Round 2	Jan 20, 2024
Application Deadline For Fall 2024 Intake Round 3	Mar 31, 2024

Head	Avg Cost Per Year
Room and Board	$14590

Academic Eligibility:

Higher Secondary Certificate/ISC (State board exams may also be considered for admission).
Students must complete a bachelor’s degree from a regionally accredited institution (or the international equivalent).
Applicants are expected to have extensive exposure to mathematics, Calculus, Linear Algebra, Differential Equations, probability theory, statistics, and basics of R and Python programming at the undergraduate level.
Students required an average grade of 3.0. (83 to 86% or B grade).
Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test.

90 / 120

Avg. Score in

6.5 / 9

Avg. Score in

3.0 / 4

Minimum gpa

GPA

GMAT Results or GRE Results (optional).

The following required documents are:

Resume/CV: It is the outline of academic achievements and/or awards, publications, relevant work, and/or volunteer experience.
Two Letter of Recommendation: Letter of recommendation (combination of professional and academic recommenders) which includes information about the student, their connection with the person they are recommending, their qualification, and the specific skills they have.
Statement of Purpose/Personal Statement: This statement must describe your qualifications and the objectives of your intended educational program.
Official Transcripts: Applicants who have attended and/or received degrees from institutions outside the US must provide certified copies and certified English translations of transcripts or records of all previous post-secondary education and of all degrees conferred.
Three Required Video Essays: Applicants need to use an internet-connected computer with a webcam and microphone. Applicants will have 30 seconds to prepare, and then 60 seconds to record their answers.
ELP Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL, or other test scores.

After this program, students have the following job opportunities:

Name	Amount	International Students Eligible	Application Deadline
updated Hubert H. Humphrey Fellowship Program updated	Variable	Yes	Jul 1, 2021
Go Clean Scholarship	$3500	Yes	N/A
Ellis R. Ott Scholarship for Applied Statistics and Quality Management	Variable	Yes	Apr 1, 2023
R&D Systems Scholarship	$1500	Yes	Jul 19, 2023