M.S Financial Mathematics at University Of Chicago [UCHICAGO], Chicago Fees, Entry Requirement & Application Deadline

Master of Science [M.S] [Financial Mathematics] From University of Chicago

Chicago, IllinoisLocation
UniversitySchool type
Estd1890established year
16445enrollment
Private (Not for Profit)
8.4/10

Master of Science [M.S] (Financial Mathematics)

15 months
Full Time
On Campus

Field of Study

$57,105/Yr

$57,105 /Yr
8 Students Applied
3 Students Admitted
  • MA in Financial Mathematics at The University of Chicago is a 15-month teaching program.
  • This is an on-campus program.
  • Students can complete the program on a full-time basis by taking five quarters, or a part-time professional by taking one to two courses each quarter.
  • Qualified students in the College can pursue a joint MA degree in International Relations through the Committee on International Relations (CIR).
  • The program offers accelerated, integrated coursework that explores the deep-rooted relationship that exists between theoretical and applied mathematics and the ever-evolving world of finance.
  • In total, the Financial Mathematics degree requires the successful completion of 1250 units.
  • The Financial Mathematics program allows students to study at the intersection of mathematics, statistics, finance, economics, and computer science. 
  • Within the curriculum, courses are organized by quarter, with the fall quarter focusing on the mathematical foundations of the subject and an introduction to financial markets.
  • Students get the opportunity to work on projects in the following areas:​
    • Algorithmic trading based on sentiment and news
    • Risk management for illiquid and private securities
    • Options volatility modeling
    • Systematic macro strategies 
    • Data analytics

Important Dates

EventApplication Date
Round 1 Application Deadline Jan 12, 2024
Round 2 Application Deadline Mar 23, 2024

Tuition Fees

Year1st Year Fees
Tuition Fees$57105 (USD 57105)

Other Expenses

HeadAvg Cost Per Year
Room and Board$17004 (USD 17004)
Total Cost$17004 (USD 17004)

Previous Year Tuition Fees

Year1st Year Fees
2021$57642 (USD 57642)

Eligibility & Entry Requirement

Academic Eligibility:

  • Students must complete a bachelor's degree from a recognized institution.
  • All candidates should have a solid background in mathematics including multivariable calculus, linear algebra, and probability.
  • In addition to academic mathematical training and work experience, candidates with basic computer programming skills, especially in C++ or other object-oriented languages, as well as experience in Python.
  • Submission of GRE score is not required in this program.

Work Experience:

Students must have a significant work experience of typically 3-5 years or more.

Indian Student Eligibility:

Indian students are eligible to apply if they meet one of the following eligibility criteria:

  • Completed a 4-year UG degree with first class in a relevant field from a recognized institution
  • Or, completed a master degree with first class in a relevant field from a recognized institution
  • Or, completed a 3-year UG degree with a first-class from an accredited institution 

Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test to get admission to this program.


Scores Required

100 / 120

Avg. Score in

TOEFL

7.0 / 9

Avg. Score in

IELTS

54 / 90

Avg. Score in

PTE


Required Document List

Following are the required Documents:

  • Resume/CV - This provides a summary of a student's experience and skills.
  • Video Statement – Students are required to submit a video statement.
  • Higher Secondary School Certificate - The certificate provided by the education board after completion of the Higher secondary education.
  • Three Letter of Recommendation - This shows who recommended the student to pursue the degree.
  • English Language Requirement - This shows the test score of English Proficiency Exams such as IELTSTOEFL, or PTE, etc.

Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
SWE ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
Young Women in Public Affairs AwardScholarship per student$ 4,000/Yr$4,000Level Of StudyBachelorTypeMerit-Based
BeArt Presets-Academic ScholarshipScholarship per student$ 2,000/Yr$2,000Level Of StudyBachelorTypeMerit-Based
Young Professionals ProgramScholarship per studentVariable AmountLevel Of StudyDoctorateTypeMerit-Based
Prodigy Finance-GyanDhan ScholarshipScholarship per student$ 2,500/Yr$2,500Level Of StudyMasterTypeMerit-Based
VueVille Future Technology ScholarshipScholarship per student$ 1,000/Yr$1,000Level Of StudyBachelorTypeMerit-Based


Comments



No Comments To Show

Similar Colleges


University at Albany

University at Albany

Albany, New York
Northern State University

Northern State University

Aberdeen, South Dakota
Abilene Christian University
Ohio Northern University
University of South Carolina

University of South Carolina

Aiken, South Carolina
University of Akron

University of Akron

Akron, Ohio
University of New Mexico

University of New Mexico

Albuquerque, New Mexico
Alcorn State University

Alcorn State University

Alcorn, Mississippi
Write A Review & Earn Upto 10 USD*

Refer & Earn 3 USD For Every Approved Review

Cash Rewarded

$1500

Reviews Collected

3k+ Reviews

Photos

interested in this College ?

Get free counselling
Faculty, schools and campuses
Colleges in Illinois, USA
Important Dates
Udemy course