BSc in Mathematics - Mathematics of Finance and Risk Management in Ann Arbor United States | University of Michigan Ann Arbor

University of Michigan Ann Arbor | Ann Arbor United States
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Qualification
Bachelor Degree
Languages
English
Delivery Mode
On-Campus
Tuition (2025)
USD 57,740
Attendance
Full-time
Full-time Duration
48 months

The Mathematics of Finance and Risk Management program (also known as Mathematics of Finance) offers comprehensive training in quantitative approaches to financial analysis and risk assessment. Modern financial tools demand advanced mathematical methods for accurate evaluation, drawing from probability theory, statistical analysis, and differential equations. With dedication and consistent effort, nearly anyone with mathematical curiosity can master these concepts. Though mathematics possesses inherent beauty and endless fascination, its greatest value lies in the lifelong skills it develops: problem formulation and solution, analytical reasoning, and constructing logical, well-supported arguments. Given mathematics' vast scope and the four-year undergraduate timeframe, our Mathematics Department provides six specialized tracks for majors. While each program has unique requirements, they share common foundational courses and prerequisites.


Destination of Study

Subjects of Study

Language Requirements

English
IELTS 6.5

Qualification Requirements

International Students Should Submit the School Report.
Submit one Teacher Evaluation (core academic teacher or other non-relative who can speak directly to the student's academic aptitude, potential, and classroom performance).
Submit a Counselor Recommendation (encouraged, but not required).
Submit your high school transcript. An official English translation is required to accompany the transcript if the transcript is not issued in English by the school. Students who have already completed high school, including university transfer applicants, should be sure to have final high school transcript submitted showing the graduation date. Also provide a detailed explanation of any educational gaps.
TOEFL (iBT) - 100 range with section scores 23 plus in listening and reading and 21 plus in speaking and writing.
IELTS - 7.0 range with section scores 6.5 plus
Duolingo (DET) - 130 range with section scores 120 plus

Tuition USD 57,740

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