The University of Chicago is in its tenth year of offering the Master of Science in Financial Mathematics degree. Since our first class of 16 students began its studies in the fall of 1996, over 350 students have come to Chicago from all over the world, to study the mathematical foundations of finance. Many of our graduates now occupy high level positions in the financial industry, everything from running statistical arbitrage groups to managing the risk of large hedge funds. We are proud of the success of our graduates and the growth of our program.

The University of Chicago financial mathematics curriculum concentrates on the core mathematical theories underlying finance along with the fundamental theoretical aspects of finance and economics. We take these basic building blocks as a starting point for our program while at the same time covering numerous applications to practical problems in today's world of finance. The theory provides a firm foundation of knowledge, while the applications are constantly changing. The applications provide critical examples of how to apply the theory to practice, even if that practice changes over time. We take this approach because we believe that the pace of financial innovation will only quicken during the careers of our graduates and the best way to prepare students for this environment is to equip them with as much fundamental, core knowledge as possible.

If you feel you have the background and the drive to complete this challenging program we welcome your application.