[UMN MFM] Review on University of Minnesota Master of Financial Mathematics Program


New Member
I got selected by this program a little more than two years ago. What drew most of my attention when I applied was that this program is under the mathematics department of University of Minnesota. UMN math department is continuously ranked top in the U.S. so that I knew this program would be mathematics-intensive.

Later on I found my choice to be absolutely right! Students of this program can choose to study for a minor master's degree in mathematics. And to my favourite part, I can customize my curriculum based on my interest and strength. I registered Fourier Analysis and audited subsequent Numerical Analysis classes, which helped me get better understanding when it comes to topics inside MFM curriculum such as finite element method in Option Pricing. And did i mention that we happen to have some most important scholars in the field of PDE such as Prof. Douglas Arnold who is also on the board of one of the most important Python PDE packages?

In terms of job placement, the past record shows that it is not enough to just sit in a classroom studying to secure a preferred position in the quant world. This program values local and national quant alumni networks as much as academic strength. As a recent graduate of this program and as a new hire into the industry, I appreciate a lot the help I got from my seniors. That is the reason why I feel the need to share some thought and review here about this program. Hope this helps you get to know more about your options when applying. Feel free to contact me if you have any further questions!