- 2018-2019 Tuition per Term: Residents-$11,564/ Nonresidents-$23,339
- Application deadline
- February 1
- Ann Arbor, MI
The Department of Mathematics and the Department of Statistics jointly oversee an interdisciplinary Master of Science degree program in Quantitative Finance and Risk Management. The MS program focuses strongly on advanced mathematical and statistical methods and provides graduates with a sophisticated mathematical background and the skills necessary to apply their expertise to the solution of real finance problems. The 36-credit MS program has two paths for students interested in advanced study in quantitative finance: a 3-term track for traditional graduate students, and an accelerated BS/MS program for current U-M undergraduates.
The program consists of 24 credits of core classes, plus 12 credits in electives.
Advanced Financial Mathematics I & II
Stochastic Analysis for Finance
Computational Finance I & II
Applied Statistics I
Statistical Analysis of Financial Data
Approved electives include many courses in economics, finance, engineering, mathematics, and statistics.
The program admits students for the Fall term only. The application opens September 15 and closes February 1. GRE scores are required. Subject test is highly recommended.
Starting for Fall 2020 admission, the application fee is waived for all U.S. citizens and permanent residents.
2018 Class Profile
Website: University of Michigan Quant Program