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Master of Science in Mathematical Finance (MSMF) 

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

Duration

17 months

Course Level

PG Degree

Mode of Course

Full Time

International Students Admission Website

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Tuition & Fees

47.91 Lakh
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Type of University

Private

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

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

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

Step one
Prepare documents for application
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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
CV
  • Submit current resume 
  • Upload in the “Supporting Information” section of the online application

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

icon1st year tuition fees
Fees componentsAmount (for 1 year)
Tuition & feesINR 47,91,086
iconOther expenses in 1st Year
Fees componentsAmount (for 1 year)
InsuranceINR 2,35,029
TransportationINR 94,382
FeesINR 3,80,563
Total approximate feesINR 7,09,974
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Calculated at the exchange rate of 1 USD = INR 84.27 | Tuition & expenses were last updated on 5ᵗʰ November 2024

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

Scholarship information is not available. You can apply to non-college specific scholarships available for USA.
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Boston University
Students Ratings & Reviews

4.3/5
Verified Icon7 Verified ReviewsInfo Icon
Vibe of Campus
  • Multi-dimensional
  • Friendly
  • Academically oriented
  • Fun loving
Student Views
  • 71% students never faced discrimination in this university
Internships4.3
Part time work4
Post study jobs3.7
Quality of faculty4.6
Student Life4.7
Value for money4
Public transportation4.9
Safety4.7
Indian Food4.6
Permanent Immigration3.7
A
AnonymousVerified Icon
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
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A
AnonymousVerified Icon
MS in Artificial Intelligence - Batch of 2024
Offered by Boston University
5
An academically enriching experience with a vibrant campus life.
Tips: Boston University offers a rigorous academic experience, but it also provides plenty of support to ensure success. The faculty is deeply involved in research, and the university offers numerous opportunities for hands-on learning. It is important to be involved in student activities and clubs to make use of all the resources available. Moving to Boston was a cultural shift, especially adjusting to the colder weather and a different pace of life.
Reviewed on 16 Sep 2024Read more
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A
AnonymousVerified Icon
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
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A
AnonymousVerified Icon
Master of Science in Management Studies - Batch of 2024
Offered by Boston University
4.2
Expensive but worth it experience. It makes you grow and learn the art of thinking out of the box.
Tips: Students should know that there are scholarships, but mostly given to first-intake students. It's an expensive city but with a lot of diversity. There is a lot to do on campus and off campus, but international students don't mingle quicker to avail of those opportunities. BU is big on ice hockey, so if you are a true terrier, you have to watch all those games. 
Likes (Student Life): The campus life is constantly happening and amazing. There are either professional or fun events happening somewhere, and the university makes sure that they are marketed well, plus there's free food and drinks. There is a BU pub on campus, and every Tuesday it is a random topic trivia night, and Wednesday is meant for karaoke nights. 
Dislikes (Part time work): There are enough on-campus job opportunities, mostly revolving around the kitchen and food. For MSMS, we don't get a chance to be a teacher's assistant since it is a small programme and you are required to have completed the subject on campus before applying for the TA. But some people still worked at a maximum of 20 hours per week, but in my opinion, the pay is not that great. 
Reviewed on 16 Aug 2024Read more
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A
AnonymousVerified Icon
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
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Class Icon
Class Profile

Average class profile for this course
Bachelors GPA / Percentage3.62
GMAT Score Average720
Student Age22 years

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

Address

One Silber Way, Boston, MA 02215
Boston ( Massachusetts)

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