Master of Science in Mathematical Finance (MSMF)
at Boston University, Boston

4.2 /5

(9 Reviews)

Shiksha popularity ranking

#53 in MS in USA

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Private University
School of Management

Master of Science in Mathematical Finance (MSMF)
at
Boston University
Overview

School of Management at Boston University offers Master of Science in Mathematical Finance (MSMF). The 17 months Degree course has primary stream as Business & Management Studies. The Boston University tuition fees for international students is USD 56854.0. The Degree course offered by the at Boston University requires IELTS, TOEFL, and PTE.

Duration	17 months
Course Level	PG Degree
Mode of Course	Full Time
International Students Admission Website	Go to Website
Tuition & Fees	₹49.25 Lakh View full breakup
Type of University	Private
Official Career Service Website	Go to Website

Master of Science in Mathematical Finance (MSMF)
at
Boston University
Fees

1st year tuition fees

Fees components	Amount (for 1 year)
Tuition & fees	INR 49,24,694

Other expenses in 1st Year

Fees components	Amount (for 1 year)
Insurance	INR 2,41,583
Transportation	INR 97,014
Fees	INR 3,91,176
Total approximate fees	INR 7,29,773

Calculated at the exchange rate of 1 USD = INR 86.62 | Tuition & expenses were last updated on 9ᵗʰ January 2025

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Master of Science in Mathematical Finance (MSMF)
at
Boston University
Entry Requirements

Requirements for 12th grade Lock Icon

No specific cutoff mentioned

Graduation Lock Icon

No specific cutoff mentioned
Applicants must have a four-year bachelor’s degree from an accredited US institution or its international equivalent

Applicants with a three-year degree will also be accepted in the application process

Prerequisites required: Calculus, Linear Algebra, Differential Equations, Probability Theory, Statistics and Computer Programming
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TOEFL

No specific cutoff mentioned
Minimum score of 90 is recommended

Register for TOEFL iBT® Test Today and get ?1500 Off. Use code SHIKTOEFL to avail the discount. Hurry Register now for TOEFL
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GMAT

No specific cutoff mentioned
NA

PTE

No specific cutoff mentioned
NA

IELTS

No specific cutoff mentioned
Minimum score of 6.5 across each band

Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS
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GRE

No specific cutoff mentioned
NA

Other eligibility criteria Lock Icon

ELP waiver- Applicants who have earned or will have completed at least two years of a bachelor’s or master’s degree at an institution in which the language of instruction was solely based in English are eligible for an automatic TOEFL/IELTS/PTE waiver

Conditional Offer Lock Icon

Not mentioned

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Master of Science in Mathematical Finance (MSMF)
at
Boston University
Application Process

Step one

Prepare documents for application

LOR

Applicants need to submit two letters of recommendation

ESSAYS

One essay is required
Upload in the “Documents” section of the “Program Materials” portion of the application

Submit current resume
Upload in the “Supporting Information” section of the online application

Step two

Additional documents required

Academic transcripts of previous studies
GMAT Results or GRE Results
English language proficiency result
Prerequisite Form- prerequisite course information in the “Questions” section of the “Program Materials” portion of the application.

Step three

Start your online application

https://www.bu.edu/questrom/admissions/graduate-programs/msmf/

Step four

Application fees for this course

USD 125 = INR 10.83 Thousand

Mode of payment: Credit card, Debit card

University allows students to pay their tuition fee in installments in each semester
- Fall – Monthly Payment Plan for Fall expenses only (June – September)
- Spring – 5 month Payment Plan for spring expenses only (October – February)
All available plans and applicable payment options, fees, and disclosures will be presented to students during enrollment. An enrollment fee and other fees may apply

Step five

Application deadline

Fall (Sept): 20th Jan

Fall (Sept): 31st Mar

*The dates specified are tentative dates as per the previous year records. Our expert counselors can help with exact deadline date. Connect with the expert now!

Master of Science in Mathematical Finance (MSMF)
at
Boston University
Rankings

Course Ranking

University Ranking

Rank	Rank Publisher
#17	Biomedical Engineering PG US News & World Report, 2024
#72	Life Sciences THE (Times Higher Education), 2024
#98	Biological Sciences QS, 2024

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Master of Science in Mathematical Finance (MSMF)
at
Boston University
Placements

Particulars	Statistics (2021)
Internship Available	Yes, Students will have an opportunity to complete a two-month summer internship which adds real-world experience to their resume and helps them expand their network

View placement details

Boston University
Students Ratings & Reviews

4.2/5

9 Verified Reviews Info Icon

Vibe of Campus

Academically oriented
Friendly
Multi-dimensional
Liberal

Student Views

56% students never faced discrimination in this university

Internships4

Part time work3.8

Post study jobs3.8

Quality of faculty4.6

Student Life4.8

Value for money4

Public transportation4.9

Safety4.6

Indian Food4.4

Permanent Immigration3.7

Anonymous

MS in Actuarial Science - Batch of 2025

Offered by Boston University

4.1

The university offers many student-friendly services.

Tips: Boston University has a very good reputation, not just in Boston, but in the US and abroad. They have an orientation that lasts three days, and it really helps in understanding how the campus functions and how the school system works. The university offers many student-friendly services, including help with visa applications, immigration issues, and other documentation. There are numerous activities, events and seminars on campus. There are student communities as well. I would highly recommend them for their academic programs, faculty, and student support services.

Reviewed on 31 Jan 2025Read more

Anonymous

Master of Arts in Psychology - Batch of 2026

Offered by Boston University

3.9

Highly engaging campus life.

Tips: The campus is extremely welcoming and engaging with a lot of activities to involve yourself in. The weather is much colder than I had anticipated and it is important to prepare according. The faculty are highly qualified and are experts in their field. To look for academic assistance, you can enroll in the ISSP or the International Students Success programme which is run by international students as well as professionals. There are many student communities to help us. Overall, I am quite satisfied with the course, college and the university.

Reviewed on 31 Jan 2025Read more

Anonymous

Master of Science in Management Studies - Batch of 2024

Offered by Boston University

3.5

The university is decent but very expensive.

Tips: Students should know that this course gives you a glimpse of the corporate culture here and the outline of all management courses. I can pursue it just to have some international experience. ROI is not great. It is too expensive for a one-year program. It is structured well and offers the opportunity to work with real-life clients.

Reviewed on 19 Aug 2024Read more

Anonymous

Master of Science in Robotics and Autonomous Systems - Batch of 2025

Offered by Boston University

4.5

Boston University is a bit expensive and the market is slow.

Tips: The city and the school are a bit expensive, and I would suggest that students have a clear or at least a vague idea of what they want to do. I would suggest they find a lab of interest and join as soon as possible. I personally got my allowance from my parents and did some parting on the campus as well.

Likes (Quality of faculty): The faculty at Boston University is very helpful. You can approach the faculty at all times. I also enjoyed the hands-on experience that some courses provided. It was fun to put what I had learned into practice. In addition, I found that the faculty was very diverse, which added to my overall experience.

Dislikes (Post study jobs): There are various companies that will offer to sponsor your visas. There are a variety of job roles and salary packages being offered. It totally depends on the role you are looking for. Although the market is a bit down we need to work on ourselves to stay different from others.

Reviewed on 30 Oct 2024Read more

Anonymous

Master of Arts in Statistics - Batch of 2025

Offered by Boston University

3.7

Quite an adventure here.

Tips: My experience here has been a rollercoaster ride with a lot of twists and turns. There are a number of on-campus options and part-time opportunities such as research, tutoring, and on-campus stores among more. The professors are open and kind enough to help us out with doubts or questions. Overall, I am quite satisfied with my experiences.

Reviewed on 31 Oct 2024Read more

View All 9 Reviews

Master of Science in Mathematical Finance (MSMF)
at
Boston University
Highlights

Designed for the students interested in having a career as a trader, quantitative analyst or developer, or another finance-focused role
The program focuses on the crux of mathematical concepts that led to the development of the Black-Scholes option pricing method, covering some of the most complex relations between various components of the modern financial system
A distinguishing characteristic of the MSMF is that it is the careful integration of certain practical domains of mathematics with an in-depth study of the theory and practice of modern finance
The program comprises the following areas of concentration:
Financial Technology
Quantitative Analytics
Risk Management
Analytics & Research
It provides the students with the option of completing a summer internship at a leading company in Boston and beyond, where they gain valuable skills and become more marketable to employers