Language Requirements
Qualification Requirements
In addition to the general requirements for admission to the Graduate School, the following are required for admission to the Master of Science in Mathematical Finance program.
A baccalaureate degree in a related field with a minimum GPA of 3.0 on a 4.0 scale.
Acceptable scores on each portion of the GRE or GMAT.
For applicants from non-English speaking countries, a language requirement score of 557 on the TOEFL or 220 on the new computer-based TOEFL or 78% on the MELAB. Non-native speakers of English, may, at the discretion of either the Graduate School or the Program Committee for the MS in Mathematical Finance, be required to enroll in English as a Second Language (ESL) courses at the English Language Training Institute.
Specific coursework equivalent to the following: introductory course in the Theory of Finance, a standard two-semester sequence in Calculus, Linear algebra, and at least one upper-level course in Probability and Statistics. Students are strongly recommended to be familiar with at least one programming language, most preferably C or C++. Students lacking this coursework may be admitted subject to the condition that they satisfactorily complete such coursework during the first two semesters that they are enrolled in the program and prior to their taking any program courses where prerequisites are missing.
For non-native English language speakers: official and satisfactory scores on the English language proficiency scores on the Test of English as a Foreign Language (TOEFL) or the International English Language Testing System (IELTS) are required. A minimum score of 83 on the Internet-based TOEFL or a minimum overall band score of 6.5 on the IELTS is required for admissions consideration.