Columbia University MA Mathematics of Finance: Fees, Living Costs, Test Scores, Visa Process, Work during Study, Entry Requirements.

Master of Arts [M.A] [Mathematics of Finance] From Columbia University

New York City, New YorkLocation
UniversitySchool type
Estd1754established year
33413enrollment
Private (Not for Profit)
7.4/10

Master of Arts [M.A] (Mathematics of Finance)

1 year
Full Time
On Campus

Field of Study

$35,314 /Yr

  • The MA program in Mathematics of Finance is designed for students who want to work in areas of quantitative finance such as quantitative portfolio management, quantitative trading, risk management, derivatives modeling, structuring and trading, and other related quantitative fields.
  • In conjunction with the Department of Statistics, the Department of Mathematics offers an MA in Mathematics with a specialization in the Mathematics of Finance.
  • The program concentrates on the advanced quantitative methods required for modern finance and draws on the diverse strengths of Columbia in stochastic processes, numerical methods, and application to finance.
  • The program consists of ten courses, of which six are required and four are electives. Topics covered include probability and random processes, statistics, partial differential equations, financial markets and instruments, valuation and hedging techniques, and computational and simulation methods. 

Important Dates

EventApplication Date
Application Deadline For Fall Intake May 9, 2025

Tuition Fees

Year1st Year Fees
Tuition Fees$35314

Other Expenses

HeadAvg Cost Per Year
Living Expenses$22800
Total Cost$22800

Eligibility & Entry Requirement

Academic Eligibility: 

  • Students must have a bachelor's degree in a related field to get admission to this program.
  • Students are required to maintain at least a 2.7 overall GPA.

Language Requirments:

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

Scores Required

100 / 120

Avg. Score in

TOEFL

7.5 / 9

Avg. Score in

IELTS

68 / 90

Avg. Score in

PTE

311 / 340

Avg. Score in

GRE

2.7 / 4

Minimum gpa

GPA


Ranking

2024202320222020201920182017

QS World University logo
Mathematics 21 out of 553 in Global Ranking
( #10 out of 86 in USA 2024)

Similar Programs

ProgramImportant DateTotal FeesMedian Exams ScoreAction
Early Application Deadline For Fall Intake (31st Jan 2025)
Application Deadline For Fall Intake (2nd May 2025)
USD 35,314 /Yr
  • TOEFL: 100
  • IELTS: 7.5
  • PTE: 68
  • GRE: 311
Application Deadline For 2025 Intake (15th Mar 2025)
USD 62,400 /Yr
  • TOEFL: 108
  • IELTS: 8
  • GRE: 316
  • Duolingo: 130
Application Deadline For Fall 2025 Intake (31st Dec 2024)
USD 32,796 /Yr
  • TOEFL: 100
  • IELTS: 6.5
  • GRE: 324
  • PTE: 68

Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
QS Connect Master’s ScholarshipScholarship per student$ 2,000/Yr$2,000Level Of StudyMasterTypeMerit-Based
Collegedunia $150 Scholarship ProgramScholarship per student$ 150/Yr$150Level Of StudyBachelorTypeMerit-Based
Scholarships in GeorgiaScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
Go Clean ScholarshipScholarship per student$ 3,500/Yr$3,500Level Of StudyBachelorTypeMerit-Based
Ellis R. Ott Scholarship for Applied Statistics and Quality ManagementScholarship per student$ 7,500/Yr$7,500Level Of StudyDoctorateTypeMerit-Based
University of PhoenixScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based


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