University of Miami Programs: Tuition fees, Ranking, Scholarships, Application Deadlines & Entry Requirements

Master of Science [M.S] [Mathematical Finance] From University of Miami

Coral Gables, FloridaLocation
UniversitySchool type
Estd1925established year
17003enrollment
Private (Not for Profit)
8.3/10

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

2 years
Full Time
On Campus

Field of Study

$50,841 /Yr

  • The Master of Science in Mathematical Finance program is dedicated to producing technically trained professionals with an understanding of how to analyze and value complex investments, and assess the associated risks. Over the course of three semesters of study, the students receive a rigorous training in mathematics, especially in the area of probability and stochastic calculus, in statistical analysis, and in computation, together with an overview of the common financial instruments and the institutional operation of markets and exchanges.
  • The financial landscape is constantly changing, and we design the MSMF curriculum to equip students with skills and knowledge that will provide the foundation for their future success. Our program seeks the proper balance between the mathematical and statistical theory, programming practice and financial applications.
  • The finance industry is one of the largest employers of mathematically trained professionals in the world. One can find the quantitative analysts ("quants") not only in investment banks and central banks but also in associated software companies, hedge funds, broker-dealer firms, insurance companies and the finance departments of large corporations. The common language of modern financial markets is mathematics and those who work in this field have the opportunity for challenging and well-rewarded careers. Increasingly, a Master's degree is regarded as a prerequisite qualification to work in the industry.

Important Dates

EventApplication Date
Application Deadline For 2024 Intake Mar 15, 2024

Tuition Fees

Year1st Year Fees
Tuition Fees$50841

Other Expenses

HeadAvg Cost Per Year
Books and supply$2685
Total Cost$2685

Eligibility & Entry Requirement

Academic Eligibility:

  • Applicants must have passed graduation from a recognised institution

Indian Students Eligibility:

  • Applicants must have a 4 year bachelor degree from a recognised institution

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 to get admission to this program


Scores Required

80 / 120

Avg. Score in

TOEFL

6.5 / 9

Avg. Score in

IELTS

3.0 / 4

Minimum gpa

GPA


Ranking

202320222021202020192018

Times Higher Education logo
Finance 194 out of 1501 in Global Ranking
( #47 out of 161 in USA 2023)

Similar Programs

ProgramImportant DateTotal FeesMedian Exams ScoreAction
Application Deadline For 2024 Intake (15th Apr 2024)
USD 50,841 /Yr
  • GMAT: 550
  • TOEFL: 80
  • IELTS: 6.5

Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
VueVille Future Technology ScholarshipScholarship per student$ 1,000/Yr$1,000Level Of StudyBachelorTypeMerit-Based
Chuan Ai Lu Engstrom Memorial ScholarshipScholarship per student$ 1,000/Yr$1,000Level Of StudyBachelorTypeMerit-Based
Aga khan Foundation ScholarshipsScholarship per studentVariable AmountLevel Of StudyMasterTypeMerit-Based
Prodigy Finance-GyanDhan ScholarshipScholarship per student$ 2,500/Yr$2,500Level Of StudyMasterTypeMerit-Based
KC Mahindra ScholarshipScholarship per student$ 10 L/Yr$1,000,000Level Of StudyMasterTypeMerit-Based
Axol Science ScholarshipScholarship per student$ 2,000/Yr$2,000Level Of StudyBachelorTypeCompany-Sponsored


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