Degrees Awarded and Program Duration
The Department of Mathematics at the University of Chicago offers a 1-year full-time and up to 3-year part-time graduate program leading to a MS in Financial Mathematics.

Program Size
45-50 students enrolled per year.

Contact Information

Phone: +1 (773) 834-4385

E-mail: terri@math.uchicago.edu

Website: http://www-finmath.uchicago.edu

Program Description
The Program, which was the first of its kind in the U.S., teaches applied math and its application in the financial industry, utilizing a highly distinguished faculty from the University’s Mathematics, Statistics and Economics Departments, as well as industry professionals. Coursework emphasizes both the theoretical background and practical aspects of pricing derivatives and managing assets, and is designed for students to attain a deep understanding of the underlying assumptions and to critically ascertain the applicability and limitations of various models.

Mathematical knowledge and ability comparable to an undergraduate degree in mathematics or a physical science is preferred. Exposure to the financial industry is also desirable.

Typical Graduate Career Paths
Graduates are employed in all areas of the financial industry and business.