McMaster University - School of Graduate Studies

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Financial Mathematics

McMaster University - School of Graduate Studies

Faculty:Faculty of Science, Department of Mathematics & Statistics
Degree:Master
Field of Study:Financial Mathematics
Course Based:Yes
Length:12 Month(s)
Cost per year:*
National: $23,489

Description:

The Master of Financial Mathematics (also called M-Phimac) is an intensive one year graduate program. Eight months of coursework taught by recognized experts emphasize the development of both strong technical foundations and professional knowledge, with the goal to understand the applications of advanced mathematics to finance and investments. The major industrial project completed in the third term will explore a topic of current interest with guidance from a finance industry professional and can be completed while working full time or as an intern.

Prerequisites:

Grade for Entrance Previous Year (%)*77
Test Scores:
  • Test of English as a Foreign Language (Internet Based) or Test of English as a Foreign Language (Paper Based) or Test of English as a Foreign Language (Paper Based)
Additional Admission Requirements:
  • Letter(s) of Reference
  • Statement of Research Interests
- Honours Bachelor’s Degree or equivalent


- B+ (B- for Engineering) minimum average, based on a full year equivalent of final year courses (3rd/4th level) relevant to the program


- Each program may set additional/higher requirements. Please review the program website for details.

* The entrance grade may change from year to year. Please contact the school for further information.

* We make every attempt to provide accurate information on prerequisites, programs, and tuition. However, this information is subject to change without notice and we highly recommend that you contact the school to confirm important information before applying.

Modified on September 04, 2022