Master of Financial Mathematics
- Public University
- Faculty of Science
Master of Financial Mathematics at McMaster University Overview
Duration | 12 months |
Course Level | PG Degree |
Mode of Course | Full Time |
International Students Admission Website | Go to Website |
Tuition & Fees | ₹27.23 Lakh View full breakup |
Type of University | Public |
Official Career Service Website | Go to Website |
Master of Financial Mathematics at McMaster University Highlights
- The Master of Financial Mathematics (also called M-Phimac) is an intensive one-year graduate program
- Eight months of coursework taught by recognized experts emphasize the development of both strong technical foundations and professional knowledge, with the goal to understand the applications of advanced mathematics to finance and investments
- Financial mathematics applies methods of mathematics, statistics, computational science and economics to core problems arising in financial institutions
Master of Financial Mathematics at McMaster University Rankings
Master of Financial Mathematics at McMaster University Entry Requirements
- No specific cutoff mentioned
- No specific cutoff mentioned
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- Admission requires an Honours Bachelor degree in a quantitative subject, such as mathematics, statistics, physics, computer science, or engineering
- For graduates of mathematics or statistics, a minimum B+ average across their level 3 and 4 undergraduate mathematics and statistics courses, or the equivalent standard from another university. Mathematics graduates are expected to have taken real analysis at level 3 or higher. For other graduates, comparable results in level 2,3 and 4 quantitative courses plus complementary achievement in their chosen specialization. For instance, engineering candidates are expected to have studied PDEs and/or a course with notable theoretical mathematics. Physicists are expected to have taken courses where they have studied stochastic processes. All applicants must meet the Level 4 requirements of the School of Graduate Studies
- Evidence of communication and interpersonal skills, and the ability to work effectively in the North American business culture
- Other evidence of leadership, analytical expertise, industry experience, or other marketable job skills
- Competence in a general computer programming language such as C++ or python as well as experience with scientific packages such as Matlab, maple, R or Mathematica. Any additional programming competence will be beneficial in the program
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Out of 10
- Marks - 92/120
-
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Out of 10
- Marks - 63/90
- NA
- Marks - 6.5/9
- With a minimum of 5.5 in each section
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- Not mentioned
Master of Financial Mathematics at McMaster University Application Process
- Academic transcript(s)
- Statement of Interest: a one-page summary describing how your background and goals make you an excellent candidate for success in MPhimac, and in a future career in financial mathematics
- Official TOEFL or IELTS scores
- Payment plans are available
Master of Financial Mathematics at McMaster University Fees
Fees components | Amount (for 1 year) |
---|---|
Tuition & fees | INR 27,22,520 |
Fees components | Amount (for 1 year) |
---|---|
Hostel & Meals | INR 6,90,829 |
Insurance | INR 38,440 |
Transportation | INR 15,896 |
Athletics & Recreation Sports | INR 2,357 |
Total approximate fees | INR 7,47,522 |
Calculated at the exchange rate of 1 CAD = INR 60.44 | Tuition & expenses were last updated on 23ʳᵈ December 2024
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Master of Financial Mathematics at McMaster University Contact Information
1280 Main Street West, Hamilton, Ontario L8S4L8
Hamilton ( Ontario)