Master of Science in Mathematical Finance (MSMF) at Boston University

The Master of Science in Mathematical Finance (MSMF) program at Boston University is provided by the School of Management. This 17-month-long course is designed for those interested in deepening their understanding of finance through mathematical approaches. To enroll in the MSMF program, students need to demonstrate English proficiency by taking tests like IELTS, TOEFL, or PTE. The tuition fee for this program is USD 56,854. When considering your options, GyanDhan Grading can help you assess the program's value and fit for your educational goals. Keywords like 'Boston University MSMF', 'Master of Science in Mathematical Finance', and 'Boston University tuition fees' can be essential for finding detailed information about this course.

The Master of Science in Mathematical Finance (MSMF) program is designed for students who want to build a career as a trader, quantitative analyst, developer, or in other finance-related roles.

This program focuses on important mathematical concepts that are key to understanding the Black-Scholes option pricing model, which examines complex relationships within the modern financial system.

A unique feature of the MSMF program is its integration of practical math skills with a thorough study of modern finance theory and practice.

The program offers several areas of concentration, including:

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

Students also have the opportunity to complete a summer internship at a top company in Boston or elsewhere, helping them gain valuable skills and become more appealing to employers.

12th Grade

There is no specific cutoff mentioned for 12th grade.

Graduation

Applicants need a four-year bachelor’s degree from a recognized US institution or an equivalent degree from another country. Applicants with a three-year degree are also accepted. Required subjects include Calculus, Linear Algebra, Differential Equations, Probability Theory, Statistics, and Computer Programming.

TOEFL

Marks: 90.0

A minimum score of 90 is recommended.

IELTS

Marks: 6.5

A minimum score of 6.5 is needed in each band.

• Step one Prepare documents for application LOR Applicants need to submit two letters of recommendation ESSAYS One essay is required Upload in the “Documents” section of the “Program Materials” portion of the application CV Submit current resume Upload in the “Supporting Information” section of the online application • Step two Additional documents required Academic transcripts of previous studies GMAT Results or GRE Results English language proficiency result Prerequisite Form- prerequisite course information in the “Questions” section of the “Program Materials” portion of the application. • Step three Start your online application https://www.bu.edu/questrom/admissions/graduate-programs/msmf/ • Step four Application fees for this course USD 125 = INR 10.53 Thousand Mode of payment: Credit card, Debit card University allows students to pay their tuition fee in installments in each semester Fall – Monthly Payment Plan for Fall expenses only (June – September) Spring – 5 month Payment Plan for spring expenses only (October – February) All available plans and applicable payment options, fees, and disclosures will be presented to students during enrollment. An enrollment fee and other fees may apply • Step five Application deadline Fall (Sept): 20th Jan Fall (Sept): 31st Mar *The dates specified are tentative dates as per the previous year records. Our expert counselors can help with exact deadline date. Connect with the expert now!

Calculated at the exchange rate of 1 USD = INR 84.27 | Tuition & expenses were last updated in December 2024"