About the course
Distinguished by its mathematically rigorous course content and direct applications to industry, WPI?s Professional MS in Financial Mathematics program will prepare you for a successful career in the financial services industry. Through core financial mathematics courses you?ll build a strong foundation in concepts and processes involved in arbitrage-based pricing of derivative securities and fixed income securities, based on a sound understanding of measure-theoretic probability theory and stochastic processes. You?ll also take advanced courses that give you in-depth knowledge and hands-on practice in computational methods in finance, portfolio management, and market and credit risk modeling.
You will complement your studies with courses in financial management, information technology, or computer science, as well as a professional skills development seminar and capstone experience involving a project, practicum, or advanced course. The master?s program in Financial Mathematics requires a minimum of 30 credithours of coursework. Additional credit from coursework may be required by the department depending on the student?s background. Scholarships - View all scholarships Internships
Start dates and prices
Course fees are indicative and should be used as a guide. Speak to a counsellor to get an accurate price.
Duration: 3 Semester(s)Fees: US$43,470
How to apply
Entry requirements for Worcester Polytechnic Institute
Any international applicant seeking to attend WPI on an F-1 student Visa must submit official TOEFL scores or IELTS scores. However, if applicants have two years of continuous full-time college study completed within the last five years, in a country whose official language is English, he or she can apply for a TOEFL/IELTS waiver.
TOEFL IBT: 84
IELTS: 7
TOEFL PBT: 160
There are no minimum GRE scores, but the average for admitted students over the past three years has been 150 verbal, 165 quantitative, and 3.0 analytical.
English language requirements
7.0
Overall IELTS band score
Book IELTS
About IELTS
Practice and prepare
TOEFL Internet based overall score: 84.0
The next application deadline is 15 November 2023
Further information
Career outcomes
Reviews and rankings
World ranking
601st / 1250
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