Master of Science in Financial Mathematics

The University of Chicago

Chicago, Illinois, USA
Master of Science in Financial Mathematics
Duration15 Months
LevelMasters Program
  • The University of Chicago’s Department of Mathematics offers a one year postgraduate degree in Financial Mathematics which equips students with a solid foundation in mathematics
  • Students explore the deep-rooted relationship that exists between theoretical and applied mathematics
  • Graduates are provided with practical knowledge that they can successfully apply to complicated financial models


Fees componentsAmount
Tuition & fees5454183 INR
Insurance334414 INR
Transportation194452 INR
Student Life Fee91404 INR
Books and Supplies 130733 INR
Personal/Miscellaneous230706 INR
Graduate Student Services Fee30468 INR
Total1012177 INR

Entry Criteria

Class 12thNo specific cutoff mentioned
BachelorsNo specific cutoff mentioned
  • Applicants must hold a four-year bachelor’s degree or its equivalent from an accredited college or university
  • Applicants must have strong math skills
  • Applicants who do not have mathematics background are required to complete the below four courses:
    • Multivariable Calculus
    • Linear algebra
    • Probability
    • Python
ExamsTOEFL: 90


GRE: Accepted
  • Applicants are strongly recommended to submit GRE Math Subject Test, although it is not required

Additional info
  • Applicants are strongly encouraged to have some relevant industrial work experience
  • Applicants with basic computer programming skills, especially in C++ or other object-oriented languages, as well as experience in MATLAB, will have an advantage in the Program. All students are required to take 300 units of Computing coursework
Contact form