M.S Mathematical Finance & Financial Technology at Boston University [BU], Boston Fees, Entry Requirement & Application Deadline

Master of Science [M.S] [Mathematical Finance & Financial Technology] From Boston University

Boston, MassachusettsLocation
UniversitySchool type
Estd1839established year
33355enrollment
Private (Not for Profit)
7.3/10

Master of Science [M.S] (Mathematical Finance & Financial Technology)

18 months
Full Time
On Campus

Field of Study

$66,670 /Yr

Students will be exposed to the latest concepts, tools and computational techniques employed in financial econometrics and data analysis and will have the opportunity to explore exciting new frontiers such as machine learning and algorithmic trading.

The program comprises five areas of concentration:

  • Asset Management
  • Financial Technology
  • Quantitative Analytics
  • Risk Management
  • Analytics & Research

Important Dates

EventApplication Date
Application Deadline For Fall 2025 Intake Round 1 Dec 1, 2024
Application Deadline For Fall 2025 Intake Round 2 Feb 9, 2025
Application Deadline For Fall 2025 Intake Round 3 Mar 29, 2025

Tuition Fees

Year1st Year Fees
Tuition Fees$66670

Other Expenses

HeadAvg Cost Per Year
Room and Board$14590
Health Insurance$3280
Books and supply$1574
Other Fees$3189
Total Cost$22633

MSMFT program fee of $1,830 each semester


Eligibility & Entry Requirement

Academic Eligibility: 

  • Applicants to master’s degree and graduate certificate programs must have earned a bachelor’s degree from a regionally accredited institution (or the international equivalent) prior to enrollment.
  • Students required an average grade of 3.0. (83 to 86% or B grade)

Language Requirments:

  • Students whose official language is not English are required to submit IELTS or TOEFL scores. 

Indian Student Eligibility:

  • Students required a Higher Secondary Certificate/ISC (State board exams may also be considered for admission) and a four-year bachelor’s degree.

Scores Required

84 / 120

Avg. Score in

TOEFL

7 / 9

Avg. Score in

IELTS

298 / 340

Avg. Score in

GRE

3 / 4

Minimum gpa

GPA


Required Document List

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/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.
  • ELP Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL, or other test scores.

Ranking

20242023202220212020201920182017

QS World University logo
Finance 75 out of 351 in Global Ranking
( #21 out of 70 in USA 2024)

Similar Programs

ProgramImportant DateTotal FeesMedian Exams ScoreAction
Application Deadline For Spring 2024 Intake (31st Oct 2023)
USD 63,606 /Yr
  • TOEFL: 84
  • IELTS: 7
  • GRE: 298
Application Deadline For Spring Intake (1st Dec 2024)
Application Deadline For Fall Intake (15th Jun 2025)
USD 53,940 /Yr
  • TOEFL: 80
  • IELTS: 6.5
  • PTE: 65
Application Deadline For Fall 2025 Intake (1st May 2025)
Application Deadline For Winter 2026 Intake (1st Sep 2025)
USD 75,392 /Yr
  • GMAT: 660
  • GRE: 322
Final Application Deadline For Spring 2024 Intake (15th Nov 2023)
Priority Application Deadline For Summer 2024 Intake (1st Feb 2024)
USD 35,693 /Yr
  • TOEFL: 79
  • IELTS: 6
  • PTE: 53
Round 1 Application Deadline (1st Feb 2025)
Round 1 Application Decision Deadline (21st Feb 2025)
Round 2 Application Deadline (1st Mar 2025)
Round 2 Application Decision Deadline (20th Mar 2025)
USD 69,713 /Yr
  • IELTS: 6.5
  • TOEFL: 79
  • PTE: 59

Career and Placement after Course

Every MSMFT student completes the career management course, MF 610:  Mathematical Finance Career Management. This course:

  • Develops sound networking and job search strategies
  • Prepares you for 'quant' interviews
  • Develops good career management habits
  • Introduces you to practicing industry experts via the Visiting Speaker Series
  • Informs you of important developments in financial markets and issues of the day that affect the global financial services industry

In addition to MF 610, you will work with career counselors in our Master's and PhD Center and the Executive Director of the MSMFT program to explore career options and to further refine your career management strategy.

The career paths that MSMFT graduates embark on include:

  • Algorithmic and quantitative trading
  • Design and valuation of financial products
  • Financial data analysis
  • Financial technology
  • Portfolio management
  • Quantitative risk management

Recent employers of MSMFT graduates include:

  • Barclays Capital
  • Citigroup
  • CITIC Securities
  • Fidelity Investments
  • Jane Street
  • Morgan Stanley
  • State Street

Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
Hubert H. Humphrey Fellowship ProgramScholarship per studentVariable AmountLevel Of StudyDoctorateTypeMerit-Based
Trustee ScholarshipsScholarship per studentVariable AmountLevel Of StudyMasterTypeCollege-Specific
Innovation in Education Scholarship - La Tutors 123Scholarship per student$ 500/Yr$500Level Of StudyBachelorTypeMerit-Based
(ISC)² Women’s Cybersecurity ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
KC Mahindra ScholarshipScholarship per student$ 10 L/Yr$1,000,000Level Of StudyMasterTypeMerit-Based
Prodigy Finance-GyanDhan ScholarshipScholarship per student$ 2,500/Yr$2,500Level Of StudyMasterTypeMerit-Based


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