Bachelor of Science in Applied Mathematics / Master of Mathematical Finance (Accelerated Master’s) Undergraduate Program By Illinois Institute of Technology |Top Universities

Bachelor of Science in Applied Mathematics / Master of Mathematical Finance (Accelerated Master’s)

Subject Ranking

# 451-500QS Subject Rankings

Scholarship

YesScholarships

Main Subject Area

MathematicsMain Subject Area

Program 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.

Program 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.

Tuition fee and scholarships

One of the important factors when considering a master's degree is the cost of study. Luckily, there are many options available to help students fund their master's programme. Download your copy of the Scholarship Guide to find out which scholarships from around the world could be available to you, and how to apply for them.

In this guide you will find:
opportunities

Where to look for scholarship opportunities

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How to apply to scholarships relevant to you

list

A list of available scholarships around the world

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A scholarship application checklist

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More programs from the university

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