University of Minnesota - Twin Cities Programs: Tuition fees, Ranking, Scholarships, Application Deadlines & Entry Requirements

Master of Science [M.S] (Financial Mathematics)

2 years

On Campus

English

Field of Study:

$30,864/Yr

$30,864 /Yr

MSc in Financial Mathematics at the University of Minnesota, Twin Cities is offered as a 2-years program by the School of Mathematics.
This university is ranked 34th in the United States of America.
It is an on-campus program offered on a full-time basis only.
The University of Minnesota’s (UMN) MFM is a professional master’s program that prepares students to enter the well-paying and fascinating field of quantitative finance, which entails the application of mathematics, statistics, data science/machine learning, and scientific computing to finance investments, and risk management.
Many of the courses are taught by top-notch practitioners with extensive industry experience.
The curriculum covers theoretical and practical topics that prepare students for the field of quantitative finance.
When students enter the program they will become part of a supportive, caring community of students, alumni, faculty, and advisors. This community helps students thrive in the MFM and long after, over the lifetime of their careers.
Students will benefit from a career workshop and one-on-one advising with our career advisor.
Students will gain insight and explore the right types of jobs to fit their own unique interests and profile within quantitative finance/related domains.
The MSc program consists of 35 credits.

Important Dates

Event	End Date
Application Deadline	Feb 1, 2023

Head	Avg Cost Per Year
Housing and Board	$15822

79 / 120

Avg. Score in

6.5 / 9

Avg. Score in

59 / 90

Avg. Score in

3.0 / 4

Minimum gpa

GPA

The following required documents are:

Resume/CV: It is the outline of academic achievements and/or awards, publications, relevant work, and/or volunteer experience.
Three 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: This statement must describe your qualifications and the objectives of your intended educational program.
Personal Statement: Reasons or intentions for pursuing studies in this program, including a description of prior experience.
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.
Description of Research or Work Experience may be uploaded and will be considered.
ELP Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL, or other test scores.

Name	Amount	International Students Eligible	Application Deadline
Ritchie-Jennings Memorial Scholarship Program	Variable	Yes	Feb 6, 2023
TEC Scholarship	$1000	Yes	Jun 1, 2023
SWE Scholarships	Variable	Yes	Feb 28, 2023
Young Women in Public Affairs Award	$4000	Yes	N/A