Master of Financial Mathematics
4.5 /5- Public University
Carlson School of Management
Talk to ExpertMaster of Financial Mathematics at UMN Overview
Master of Financial Mathematics
at UMN
UMN`s Carlson School of Management offers Master of Financial Mathematics Degree program. The 2 years course of Master of Financial Mathematics is offered by the UMN. To pursue Degree Master of Financial Mathematics fees for international students is USD 20112.0. The UMN Master of Financial Mathematics requirement for international students are IELTS, TOEFL, and PTE. Graduation cutoff for admission is CGPA - 3.0/4.
Duration | 2 years |
Course Level | PG Degree |
Mode of Course | Full Time |
International Students Admission Website | Go to Website  |
Tuition & Fees | ₹16.95 Lakh View full breakup |
Type of University | Public |
Official Career Service Website | Go to Website |
Master of Financial Mathematics at UMN Highlights
Master of Financial Mathematics
at UMN
- The Master of Financial Mathematics prepares students to enter the field of quantitative finance, which merges the disciplines of finance, mathematics, statistics, economics and computer/data science
- MFM students develop a foundation in mathematical and statistical modeling, data science and risk analysis within the specific domain of quantitative finance
- The Master of Financial Mathematics (MFM) program is structured with a balance between theory and practice
Master of Financial Mathematics at UMN Rankings
Master of Financial Mathematics
at UMN
Master of Financial Mathematics at UMN Entry Requirements
Master of Financial Mathematics
at UMN
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- CGPA - 3/4
- Read less
- A bachelor's degree from an accredited US university or foreign equivalent. The minimum undergraduate GPA for admittance to the program is 3.00
- All applicants should have completed college-level courses in single variable and multivariable calculus and linear algebra.
- Background in Probability and familiarity with programming language are highly recommended.
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GPA
Percentage
CGPA
Out of 10
TOEFL
- No specific cutoff mentioned
- Read less
- With minimum 21 in the writing section and a minimum 19 in the reading section
-
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Convert your CGPA to GPA
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GPA
Percentage
CGPA
Out of 10
PTE
- No specific cutoff mentioned
- With a minimum of 59 in Writing and reading
IELTS
- No specific cutoff mentioned
- Read less
- With a minimum 6.5 in Writing and reading
- Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS
GRE
- No specific cutoff mentioned
- Either a GRE General or a GRE Math Subject test score (no more than two years old) is required
Conditional Offer
- Yes
- Read lessConditional admission means you are academically qualified for admission to the University of Minnesota. However, because your English proficiency is below the minimum level we require for admission to our degree programs, you will need to enroll in the Minnesota English Language Program (MELP), which is the University of Minnesota's Intensive English Program, in order to achieve the level of English proficiency that will allow you to be successful in your academic program. You will be eligible for admission to your academic program for the fall semester noted in your letter once you have demonstrated high enough English proficiency.
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Master of Financial Mathematics at UMN Application Process
Master of Financial Mathematics
at UMN
Step one
Prepare documents for application
LOR
- Submit three letters of recommendation. These letters are a very important part of your application since they are used to estimate your potential and motivation for the Financial Mathematics program. We recommend that applicants who have been out of school for a while get at least one recommendation from a professor (preferably a math professor) who can attest to their mathematical abilities
Step two
Additional documents required
- Submit a transcript from each college or university
- Program Supplementary Information:
- Writing Sample is not required, but will be considered if submitted
- Description of Research or Work Experience may be uploaded and will be considered
- Resume or CV may be uploaded and will be considered
- Other Credentials are not required but will be considered if submitted
- Any additional materials are not required but will be considered if submitted
- Proof of English language proficiency scores
- Proof of GRE scores
- Personal Statement of Purpose and Goals is very important for us to assess your sincerity, motivation, and expectations
Step three
Start your online application
Step four
Application fees for this course
USD 95 = INR 8.01 Thousand
Mode of payment: Credit card
Master of Financial Mathematics at UMN Fees
Master of Financial Mathematics
at UMN
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 16,94,838 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 8,72,869 |
| Insurance | INR 2,14,383 |
| Transportation | INR 84,270 |
| Student Services Fees | INR 47,865 |
| Total approximate fees | INR 12,19,387 |
Calculated at the exchange rate of 1 USD = INR 84.27 | Tuition & expenses were last updated on 17ᵗʰ December 2024
Master of Financial Mathematics at UMN Scholarships
Master of Financial Mathematics
at UMN
Scholarship information is not available. You can apply to non-college specific scholarships available for
USA.
View all 72 scholarships
University of Minnesota, Twin CitiesStudents Ratings & Reviews
4.5/5
2 Verified ReviewsVibe of Campus
- Fun loving
- Easy going
- Friendly
- Liberal
Student Views
- 100% students never faced discrimination in this university
Internships5
Part time work5
Post study jobs5
Quality of faculty4.5
Student Life4.5
Value for money4.5
Public transportation5
Safety3.5
Indian Food4.5
Permanent Immigration4
A
Anonymous
Master of Science in Electrical and Computer Engineering - Batch of 2024
Offered by University of Minnesota, Twin Cities
4.4
Cold place but warm and gentle people.
Tips: There are a few things that I had to get used to but it is nothing that I couldn't do. I got used to the people, culture, weather, and so on in no time. I did not apply for any scholarships. I am very much satisfied with the university and its people, they are nice, warm, and welcoming.
Likes (Indian Food): I prefer cooking for myself and there is nothing I couldn't find, there are Indian stores about 15 mins via a bus from campus. There are also several Indian restaurants a few kilometres away as well. There are a lot of different restaurants all over and around the campus as well.
Dislikes (Permanent Immigration): Permanent immigration in the US has a long queue if you are an Indian. It is totally possible to extend your visa indefinitely once you apply for a green card, but it is by no means a citizenship until you get your green card. I would love to have a permanent residence here, it is a fun place.
Reviewed on 5 Mar 2024Read more
A
Anonymous
Master of Science in Business Analytics - Batch of 2023
Offered by University of Minnesota, Twin Cities
4.7
It was amazing when it came to college.
Tips: You need to be okay with guns being used around. It's not too bad because I think that's just an American thing. Also, the Hospitality Center is great, they have so many events coming up and it's fun to meet new people and go have new experiences like snowboarding etc.
Likes (Value for money): It's great value for money as I got more in return than what I paid for in my course. The course covered all the great aspects of data Science and machine learning though it was very hectic but definitely worth it.
Dislikes (Safety): Minneapolis isn't safe. Guns are used around the city and a lot of tension is related to black people and cops. Things do get stolen and you have to worry about not getting shot. This is the experience of some people who come here I personally never experienced it. I had fun here and I went out on walks at night alone but only around campus.
Reviewed on 23 Aug 2023Read more
View All 2 Reviews
Master of Financial Mathematics at UMN Placements
Master of Financial Mathematics
at UMN
| Particulars | Statistics (2021) |
|---|---|
| % Batch placed | 80.65 |
Top Recruiters for UMNAmazon
Bank of America
Bloomberg
General Motors
Goldman Sachs
Google
HSBC
JP Morgan Chase
KPMG
McKinsey
Morgan Stanley
Wells Fargo
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Master of Financial Mathematics at UMN Contact Information
Master of Financial Mathematics
at UMN
Address
301 19th Ave. South
Minneapolis, Minnesota 55455
Minneapolis ( Minnesota)
Phone
Email
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