- Byline
- The University of Chicago's Master in Financial Mathematics (MSFM) program is offered by the Department of Mathematics under the Physical Sciences Division. Launched in 1996, this three-semester program starts each Fall semester.
- Location
- Chicago, IL 60637
- Yearly Ranking Data
- [{"key":"2024","value":{"rank":"6","display_order":"","total_score":"85","peer_score":"3.6","employment_rate_graduation":"90","employment_rate_3mo":"98","salary":"143216","applications":"1005","admissions":"286","ft":"127","pt":"6","tuition_cost":"90013","resident_tuition":"","women":"43","men":"90","resident":"24","international":"109","currency_symbol":"$"}},{"key":"2023","value":{"rank":"12","display_order":"","total_score":"79","peer_score":"3.4","employment_rate_graduation":"91","employment_rate_3mo":"96","salary":"128395","applications":"987","admissions":"247","ft":"91","pt":"10","tuition_cost":"88183","resident_tuition":"","women":"36","men":"65","resident":"20","international":"81","currency_symbol":"$"}},{"key":"2022","value":{"rank":"10","display_order":"","total_score":"80","peer_score":"3.5","employment_rate_graduation":"76","employment_rate_3mo":"90","salary":"108391","applications":"1357","admissions":"305","ft":"141","pt":"5","tuition_cost":"86428","resident_tuition":"","women":"49","men":"97","resident":"38","international":"108","currency_symbol":"$"}},{"key":"2021","value":{"rank":"8","display_order":"","total_score":"83","peer_score":"3.4","employment_rate_graduation":"81","employment_rate_3mo":"93","salary":"105499","applications":"1353","admissions":"371","ft":"69","pt":"6","tuition_cost":"84625","resident_tuition":"","women":"20","men":"55","resident":"24","international":"51","currency_symbol":"$"}},{"key":"2020","value":{"rank":"12","display_order":"","total_score":"80","peer_score":"3.3","employment_rate_graduation":"74","employment_rate_3mo":"93","salary":"99345","applications":"1147","admissions":"255","ft":"75","pt":"7","tuition_cost":"84625","resident_tuition":"","women":"36","men":"46","resident":"15","international":"67","currency_symbol":"$"}},{"key":"2019","value":{"rank":"11","display_order":"","total_score":"82","peer_score":"3.3","employment_rate_graduation":"71","employment_rate_3mo":"86","salary":"84529","applications":"1350","admissions":"273","ft":"82","pt":"7","tuition_cost":"82698","resident_tuition":"","women":"42","men":"47","resident":"16","international":"73","currency_symbol":"$"}},{"key":"2018","value":{"rank":"9","display_order":"","total_score":"88","peer_score":"3.4","employment_rate_graduation":"71","employment_rate_3mo":"97","salary":"86250","applications":"1243","admissions":"273","ft":"75","pt":"2","tuition_cost":"81358","resident_tuition":"","women":"","men":"","resident":"","international":"","currency_symbol":"$"}},{"key":"2017","value":{"rank":"9","display_order":"","total_score":"88","peer_score":"3.4","employment_rate_graduation":"","employment_rate_3mo":"","salary":"","applications":"1211","admissions":"273","ft":"75","pt":"4","tuition_cost":"80000","resident_tuition":"","women":"","men":"","resident":"","international":"","currency_symbol":"$"}},{"key":"2016","value":{"rank":"9","display_order":"","total_score":"85","peer_score":"3.5","employment_rate_graduation":"","employment_rate_3mo":"","salary":"","applications":"1001","admissions":"261","ft":"75","pt":"4","tuition_cost":"81216","resident_tuition":"","women":"","men":"","resident":"","international":"","currency_symbol":"$"}},{"key":"2014","value":{"rank":"14","display_order":"","total_score":"78","peer_score":"","employment_rate_graduation":"57","employment_rate_3mo":"80","salary":"78000","applications":"896","admissions":"190","ft":"133","pt":"","tuition_cost":"51012","resident_tuition":"","women":"","men":"","resident":"","international":"","currency_symbol":"$"}},{"key":"2012","value":{"rank":"12","display_order":"","total_score":"","peer_score":"","employment_rate_graduation":"44","employment_rate_3mo":"44","salary":"77000","applications":"564","admissions":"124","ft":"109","pt":"0","tuition_cost":"44892","resident_tuition":"","women":"","men":"","resident":"","international":"","currency_symbol":"$"}}]
Currently the Program offers 15 months of accelerated, integrated coursework that explores the deep-rooted relationship that exists between theoretical and applied mathematics and the ever-evolving world of finance. To assist our students with applying theory to practice, we offer Project Labs with area employers to help build out our student's skills and knowledge about the quant industry. Our Program, with its unmatched student body and highly accomplished faculty, works hard to uphold the University’s core values by creating an atmosphere that encourages intellectual collaboration and growth.
Lastly, students of the MSFM Program at the University of Chicago enjoy a world-class education. Courses are taught by a combination of established academics and industry professionals. Beyond academics, the MSFM Program offers students the opportunity to grow both privately and professionally. Networking events are held regularly to encourage communication and professional growth.
Our mission is to equip our students with a solid foundation in mathematics, and in doing so provide them with practical knowledge that they can successfully apply to complicated financial models. Our students become leaders in their field; program alumni have gone forth to find success at companies like JP Morgan, UBS, and Goldman Sachs.
The program offers two types of merit-based scholarship. All applicants are considered. No separate application required.
Alpha Scholarship recipients are offered a financial award in the amount of 60% of total tuition costs in 2023. Maroon Scholarship recipients are offered a financial award in the amount of 30% of total tuition costs in 2023.
Interested in learning more? Request information by going to: The University of Chicago | Financial Mathematics and someone from our admissions team will follow up with you shortly.
Lastly, students of the MSFM Program at the University of Chicago enjoy a world-class education. Courses are taught by a combination of established academics and industry professionals. Beyond academics, the MSFM Program offers students the opportunity to grow both privately and professionally. Networking events are held regularly to encourage communication and professional growth.
Our mission is to equip our students with a solid foundation in mathematics, and in doing so provide them with practical knowledge that they can successfully apply to complicated financial models. Our students become leaders in their field; program alumni have gone forth to find success at companies like JP Morgan, UBS, and Goldman Sachs.
The program offers two types of merit-based scholarship. All applicants are considered. No separate application required.
Alpha Scholarship recipients are offered a financial award in the amount of 60% of total tuition costs in 2023. Maroon Scholarship recipients are offered a financial award in the amount of 30% of total tuition costs in 2023.
Interested in learning more? Request information by going to: The University of Chicago | Financial Mathematics and someone from our admissions team will follow up with you shortly.