MASTER OF SCIENCE MS IN MATHEMATICAL FINANCE IN MATHEMATICAL FINANCE
If math is your passion, you have an affinity for logic and analysis, and you’re highly motivated to take on a demanding curriculum, consider the Master of Science in Mathematical Finance (MSMF). A very strong undergraduate preparation in mathematics, physics, engineering, or economics is an essential prerequisite for this structured and intense program.
The MSMF program is grounded in the fundamental principles of finance, in conjunction with the analytical and computational tools of stochastic calculus and optimization theory. What you’ll learn in this program goes far beyond the Black-Scholes-Merton option pricing formula and covers some of the most complex relations between various components of the modern ANNIKA WESTRE financial system. Such knowledge is indispensable in the design of financial FOCUS: MS IN MATHEMATICAL FINANCE instruments and policies that foster technological innovation and economic HOMETOWN: SPOKANE, WASHINGTON behavior. REAL WORLD EXPERIENCE “From the beginning, Boston University was The three-semester, 17-month master’s program includes a full-summer my first choice,” said Westre. “I knew my internship, a key component that gives students real-world experience and exposure to industry professionals and makes them more marketable to employers. career opportunities would be most robust through a management school. Additionally, A CLEAR FOCUS the structure of the curriculum, combined The graduate program in mathematical finance focuses on advanced with the strategic placement of a summer analytical and computational method in finance—together with the internship between the second and third necessary tools from mathematics and computer science—and emphasizes semesters, seemed the most helpful in the interplay between these fields. preparing for full time work.” CAREER OPPORTUNITIES Whether you’re seeking a summer internship or a full-time position after graduation, you’ll enjoy the support, strong faculty, student clubs and organizations, and our 48,000+ Questrom School of Business and nearly 300,000 University alumni worldwide. MSMF 2015 ENTERING CLASS PROFILE
Over the last two years, 92% of our students secured summer internships. ENROLLED STUDENTS 99 Students use direct support from Questrom faculty and staff in job search, APPLICATIONS RECEIVED 1119 resume, and interview preparation. SELECTIVITY/ACCEPTANCE RATE 23% MALE/FEMALE 50%/50% SELECTED EMPLOYERS SAMPLE CAREER PATHS AND INTERNSHIP SITES MEAN MID 80% RANGE GRE QUANTITATIVE 168 164 – 170 ALGORITHMIC TRADING AND CHARLES RIVER DEVELOPMENT UNDERGRADUATE GPA (4.0) 3.60 3.24 – 3.91 RISK MANAGEMENT EPFR GLOBAL AGE 22 21 – 24 FINANCIAL PRODUCT DESIGN AND IMPLEMENTATION NOMURA QUANTITATIVE MODELING STATE STREET GLOBAL ADVISORS SECURITIES AND DERIVATIVE UBS FINANCIAL SERVICES INC. PRODUCTS MANAGEMENT MS IN MATHEMATICAL FINANCE
MS IN MATHEMATICAL FINANCE VIDEO INTERVIEWS 36 During the application process, all candidates are asked to complete three CURRICULUM CREDITS video interviews. These interviews will allow us to get to know candidates on a more personal level. Information about how to submit your interviews The MS in Mathematical Finance (MSMF) is a is found within the online application. full time, three semester, 36 credit program with a common core during the first semester. In the two remaining semesters students have the SCHOLARSHIPS choice to concentrate in Asset Management, Through our merit-based scholarship program, we provide a limited Quantitative Analytics, Risk Management, or number of awards for candidates with outstanding academic aptitude and Analytics & Research. MSMF students also who contribute to diversity in the classroom. A separate application for have the option to graduate without choosing a scholarship consideration is not needed. Both domestic and international concentration. candidates will be considered for these awards.
REQUIRED CORE 15 ADMISSION REQUIREMENTS Fundamentals of Finance We’ll review your application when you have submitted: C++ Programing for Mathematical Finance
Statistical Methods of Mathematical Finance • Application form, including one essay Stochastic Methods of Mathematical Finance • Three video interviews Fixed Income Securities • Current resume • Two letters of recommendation ELECTIVES 21 • Official copies of all university-level transcripts (undergraduate and graduate) Seven Electives • GMAT or GRE results • IELTS, PTE, or TOEFL results* • $125 application fee (paid online)
*Waiver eligibility, as well as additional information for international applicants, is available online.
ADMISSIONS INFORMATION APPLICATION DEADLINES For admission requirements and visit options, please visit our website or review our factbooks. Ready to begin the application AUGUST ENTRY DATE process? If you have any questions about the application or admission process, please contact the Graduate Admission Office at 617-353-2670 or [email protected]. APPLICATION RECEIVED BY NOV 9 FEB 10 APPLY ONLINE AT BU.EDU/QUESTROM/APPLY
ADMISSION DECISION JAN 15 MAR 18 SENT BY