MSc in Applied Financial Mathematics in Storrs United States | University of Connecticut

University of Connecticut | Storrs United States
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Qualification
Masters Degree
Languages
English
Delivery Mode
On-Campus
Tuition (2025)
USD 40,746
Attendance
Full-time
Full-time Duration
18 months

The University of Connecticut's Professional Master's in Applied Financial Mathematics equips graduates for analytical roles throughout the financial sector, including investment banking, private equity, asset management, consulting, insurance, commercial banking, and brokerage services. This program blends financial theory, investment strategies, and risk assessment with advanced mathematical modeling and analytical methods, while also developing the communication skills vital for corporate success.

This interdisciplinary program is collaboratively offered by the Mathematics, Finance, and Statistics Departments.

Ideal candidates possess strong undergraduate performance in mathematics, statistics, physics, engineering, quantitative economics, or similar quantitative disciplines, seeking to apply their mathematical expertise to financial challenges. While no prior business or finance experience is necessary, a solid mathematical foundation is crucial. Applicants should have completed coursework in differential calculus, integral calculus, multivariable calculus, differential equations, linear algebra, and probability/statistics (with calculus-based instruction). Missing one requirement may be addressed upon admission, though applicants typically shouldn't lack more than one prerequisite.


Destination of Study

Subjects of Study

Language Requirements

English
IELTS 6.5

Qualification Requirements

A sound undergraduate program in mathematics is required for entrance into the PhD program. For the Master's degree programs, a strong undergraduate program in mathematics or a closely related field to mathematics is recommended. GRE is not required. (If you choose to take the GRE, the code is 3915.)

Three recommendation letters are required.

All international students must submit a TOEFL or IELTS score or qualify for a waiver. Further information for international graduate students is available below.

If a student was awarded funding in one program and transfers to another program, the funding may be terminated.

There are two English language requirements for prospective international graduate students.

1.) To be considered for admission by the Graduate School, an international student who has not graduated from an English speaking university must take the TOEFL iBT and achieve a score of at least 79 or take the IELTS and achieve a score of at least 6.5.
A cumulative GPA for their most recent degree of 3.0 or higher for the entire degree, pbt-550

A minimum overall score of 53 or higher on the PTE Test.

Tuition USD 40,746

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