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The Master of Mathematical Finance program at Illinois Tech is a professional, non-thesis interdisciplinary program offered jointly by the Department of Applied Mathematics in the College of Science and Stuart School of Business, providing an advanced education in theoretical, computational, and business aspects of quantitative methodologies relevant to the financial industry—essential skills in pursuing a career in financial risk management. This accelerated master's program offers an ideal balance of theoretical knowledge and practical application. After building a solid foundation in mathematics and mathematical finance, you will be immersed in the quantitative principles of valuation and hedging of financial securities. The quantitative core is based on the theory of stochastic process and stochastic calculus and mathematical and computational finance, as well as advanced numerical and simulation methods. Lying at the intersection of Chicago’s diverse economy and a thriving science and technology community, Illinois Tech’s mathematical finance program can offer research and internship experiences, as well as future employment opportunities, enriched by the resources available in Chicago.
Programme overview
Main Subject
Mathematics
Degree
Other
Study Level
Undergraduate
Study Mode
On Campus
The Master of Mathematical Finance program at Illinois Tech is a professional, non-thesis interdisciplinary program offered jointly by the Department of Applied Mathematics in the College of Science and Stuart School of Business, providing an advanced education in theoretical, computational, and business aspects of quantitative methodologies relevant to the financial industry—essential skills in pursuing a career in financial risk management. This accelerated master's program offers an ideal balance of theoretical knowledge and practical application. After building a solid foundation in mathematics and mathematical finance, you will be immersed in the quantitative principles of valuation and hedging of financial securities. The quantitative core is based on the theory of stochastic process and stochastic calculus and mathematical and computational finance, as well as advanced numerical and simulation methods. Lying at the intersection of Chicago’s diverse economy and a thriving science and technology community, Illinois Tech’s mathematical finance program can offer research and internship experiences, as well as future employment opportunities, enriched by the resources available in Chicago.
Admission Requirements
3+
6.5+
90+
Students in the Bachelor of Science in Applied Mathematics program may apply for admission to the accelerated master's program for mathematical finance after their second year, fourth semester, or 80 credit hours (including transfer credit) of undergraduate study. An overall GPA of at least 3.0 and a GPA of at least 3.25 in math are required for admission to the accelerated master's program.
Scholarships
Selecting the right scholarship can be a daunting process. With countless options available, students often find themselves overwhelmed and confused. The decision can be especially stressful for those facing financial constraints or pursuing specific academic or career goals.
To help students navigate this challenging process, we recommend the following articles:
Bachelor of Science in Applied Mathematics / Master of Mathematical Finance (Accelerated Master’s)
Mies (Main) Campus, Chicago, United States
# 451-500QS Subject Rankings
MathematicsMain Subject Area
Programme overview
Main Subject
Mathematics
Degree
Other
Study Level
Undergraduate
Study Mode
On Campus
This accelerated master's program offers an ideal balance of theoretical knowledge and practical application. After building a solid foundation in mathematics and mathematical finance, you will be immersed in the quantitative principles of valuation and hedging of financial securities. The quantitative core is based on the theory of stochastic process and stochastic calculus and mathematical and computational finance, as well as advanced numerical and simulation methods.
Lying at the intersection of Chicago’s diverse economy and a thriving science and technology community, Illinois Tech’s mathematical finance program can offer research and internship experiences, as well as future employment opportunities, enriched by the resources available in Chicago.
Programme overview
Main Subject
Mathematics
Degree
Other
Study Level
Undergraduate
Study Mode
On Campus
This accelerated master's program offers an ideal balance of theoretical knowledge and practical application. After building a solid foundation in mathematics and mathematical finance, you will be immersed in the quantitative principles of valuation and hedging of financial securities. The quantitative core is based on the theory of stochastic process and stochastic calculus and mathematical and computational finance, as well as advanced numerical and simulation methods.
Lying at the intersection of Chicago’s diverse economy and a thriving science and technology community, Illinois Tech’s mathematical finance program can offer research and internship experiences, as well as future employment opportunities, enriched by the resources available in Chicago.
Admission Requirements
An overall GPA of at least 3.0 and a GPA of at least 3.25 in math are required for admission to the accelerated master's program.
Scholarships
Selecting the right scholarship can be a daunting process. With countless options available, students often find themselves overwhelmed and confused. The decision can be especially stressful for those facing financial constraints or pursuing specific academic or career goals.
To help students navigate this challenging process, we recommend the following articles:
How to get a full scholarship
Looking for a fully-funded scholarship to see you into university? Find out how to boost your chances of getting one.
Scholarships to study abroad
Find scholarships to study abroad with our lists of international scholarships – categorized by country, by subject, and by type of student.
Scholarship Applications: Frequently Asked Questions
Get answers to all your questions about scholarship applications, including tips on how to find scholarships and chances of success.
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