Master of Science in Financial Mathematics
at The University of Chicago, Chicago

4.3 /5

(2 Reviews)

Shiksha popularity ranking

#9 in Mathematics in USA

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Private University
Department of Mathematics

Master of Science in Financial Mathematics
at
UChicago
Overview

Our counselors guided 1 student in securing admission to this course. Know more

Department of Mathematics at UChicago offers Master of Science in Financial Mathematics. The 18 months Degree course has primary stream as Science. The UChicago tuition fees for international students is USD 68061.0. The Degree course offered by the at UChicago requires IELTS and TOEFL.

Duration	1.5 - 2 years
Course Level	PG Degree
Mode of Course	Full Time
International Students Admission Website	Go to Website
Tuition & Fees	₹58.95 Lakh View full breakup
Type of University	Private
Official Career Service Website	Go to Website

Master of Science in Financial Mathematics
at
UChicago
Fees

1st year tuition fees

Fees components	Amount (for 1 year)
Tuition & fees	INR 58,95,444

Other expenses in 1st Year

Fees components	Amount (for 1 year)
Insurance	INR 4,32,927
Transportation	INR 2,59,860
Books and Supplies	INR 1,80,603
Personal/Miscellaneous	INR 3,24,825
Graduate Student Services Fee	INR 1,25,772
Application fee	INR 7,796
Student Life Fee	INR 6,756
Total approximate fees	INR 13,38,539

Calculated at the exchange rate of 1 USD = INR 86.62 | Tuition & expenses were last updated on 5ᵗʰ November 2024

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Master of Science in Financial Mathematics
at
UChicago
Entry Requirements

Requirements for 12th grade Lock Icon

No specific cutoff mentioned

Graduation Lock Icon

No specific cutoff mentioned
Applicants must hold a four-year bachelor’s degree or its equivalent from an accredited college or university

Applicants must have strong math skills and basic computer programming skills

Applicants who do not have mathematics background are required to complete the below four courses:

Multivariable Calculus

Linear algebra

Probability

C++ or other object-oriented languages
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GPA

Percentage

CGPA

TOEFL

Marks - 90/120
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GPA

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CGPA

IELTS

Marks - 7/9
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Work Experience Lock Icon

Applicant must have relevant work experience

Applicant must have experience in Python, will have an advantage in the Program

Conditional Offer Lock Icon

Yes
No programs at the University of Chicago offer conditional admission to students who have not submitted an application following the standard application process and deadlines. A few will make conditional offers of admission to students who otherwise have met the requirements for admission, but do not yet meet the program's English proficiency requirements. If you receive a conditional offer, you will not be allowed to enroll until you have met the requirement; the conditions may not be met after arrival on campus.
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Master of Science in Financial Mathematics
at
UChicago
Application Process

Step one

Prepare documents for application

LOR

Three Letters of Recommendation are required

Resume/CV is required

Step two

Additional documents required

Transcripts from all previous colleges and universities attended
Proof of English language proficiency
2 Video Statement
3 Candidate Statement

Step three

Start your online application

https://apply-psd.uchicago.edu/apply/

Step four

Application fees for this course

USD 90 = INR 7.8 Thousand

Mode of payment: Credit card

University allows students to pay their tuition fee in 10 monthly installments of equal amount
Enrollment fee is $90.00 annually

Master of Science in Financial Mathematics
at
UChicago
Rankings

Course Ranking

University Ranking

Rank	Rank Publisher
#15	Physics and Astronomy QS, 2024
#18	Life Sciences THE (Times Higher Education), 2024
#35	Chemical Engineering PG US News & World Report, 2024

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Master of Science in Financial Mathematics
at
UChicago
Placements

Particulars	Statistics (2024)
Average Salary	USD 86,250
% Batch placed	98
Internship Available	Yes, Students have the option to receive practical training through Project Lab, or an internship 97% of full-time students secured at least one internship Students receive internship in companies like Go Read more Students have the option to receive practical training through Project Lab, or an internship 97% of full-time students secured at least one internship Students receive internship in companies like Goldman Sachs, JP Morgan, Barclays and CME Group

Top Recruiters for UChicago

ABN Amro Bank

Barclays Capital

Goldman Sachs

JP Morgan Chase

Morgan Stanley

Wells Fargo

View placement details

The University of Chicago
Students Ratings & Reviews

4.3/5

2 Verified Reviews Info Icon

Vibe of Campus

Friendly
Academically oriented
Multi-dimensional
Sporty

Student Views

50% students never faced discrimination in this university

Internships4

Part time work4

Post study jobs4.5

Quality of faculty4.5

Student Life4.5

Value for money4.5

Public transportation4.5

Safety3.5

Indian Food4

Permanent Immigration4.5

Kutay serova Verified Icon

BA in Linguistics - Batch of 2026

Offered by The University of Chicago

Academic excellence and innovation.

Tips: After coming here, I have had to adjust to a new place, which included some cultural shifts. The way people do things here is a bit different from my home country, but it's been a valuable learning experience. I was fortunate to receive a scholarship. I'm very satisfied with my university. They offer excellent support and resources.

Likes (Safety): In my college, they make sure we're safe with bright paths, emergency phones, and cameras. They teach us what to do in emergencies. The city is usually good, the people are nice, and there are cool things to do. Sometimes traffic is a hassle, but that's not a big deal compared to the fun stuff.

Dislikes (Student Life): My college days are a mix of classes, study sessions and extracurricular. I enjoy the freedom and diverse events on campus, from cultural festivals to club activities. There's always something happening, and I try to participate when I can. Student clubs cover a wide range of interests and I've made friends in academics and social experiences and I love the opportunities it brings.

Reviewed on 10 Sep 2023Read more

Kuntal Ghosh Verified Icon

Master of Science in Molecular Engineering - Batch of 2025

Offered by The University of Chicago

4.5

Fantastic experience, a definite recommendation for any aspiring applicant!

Tips: I must mention that if you are a graduate student, you get a monthly stipend. The university will cover the tuition fees, and the stipend (or salary) given is very decent. Academically, this is one of the best universities you'll ever come across. The workload can be really demanding at times, but I guess all good places have that in common.

Likes (Quality of faculty): The professors here are top-notch, at least in my department. The Chemistry department boasts some of the best researchers in their field, including a Nobel laureate. In terms of teaching, professors are usually very chill and easy to approach. One shouldn't have too many issues with regard to the faculty.

Dislikes (Safety): Chicago isn't known to be a safe city, including the area around the campus. However, if you follow basic rules eg. don't go out alone on the streets at night, etc. you should be fine. I must say though, that the university tries its best to keep the students safe.

Reviewed on 26 Apr 2023Read more

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Master of Science in Financial Mathematics
at
UChicago
Highlights

The University of Chicago's Department of Mathematics offers a one year postgraduate degree in Financial Mathematics which equips students with a solid foundation in mathematics
Students explore the deep-rooted relationship that exists between theoretical and applied mathematics
Graduates are provided with practical knowledge that they can successfully apply to complicated financial models