Monmouth University

Program Information

Degree Offered

MS Financial Mathematics

Format: Campus

Program Description:

Monmouth University’s Master of Science in Financial Mathematics combines traditional business school learning with advanced mathematics studies. As a result, students earn a degree that makes them marketable to employers in securities and investments firms, the banking industry, at consulting firms, at insurance firms, with hedge fund groups, and more.

Earn skills that would enable you to:

manage financial portfolios and minimize investment risk
support investment decisions
develop financial products and pricing

Monmouth’s proximity to a large business-industrial sector makes our faculty well aware of emerging needs in the banking and financial worlds. Many of these firms seek graduates with advanced knowledge in the areas of:

financial economics
mathematics
computational modeling or simulation
At Monmouth, you can now learn these skills—from both mathematics and business professors who are experienced professionals in relevant fields.

The MSFM curriculum consists of 36 credits. Students with sufficient background and training may have two foundation courses waived, which means they would only need 30 credits to complete the program. Students may attend either full- or part-time, allowing them to earn their degree in as little as one or two years. See the curriculum sequence for additional details.

Accreditation:

Middle States Commision of Higher Education

Eligibility Requirements:

At a minimum, applicants must have an undergraduate degree in mathematics or in a related field that requires substantial study of mathematics, such as physics or engineering, and a minimum 3.0 GPA in their major. Must have completed Calculus I II, and III; Linear Algevra; Differential equations and a coursse in calculus-based stattstics.

# of Credits Required:

36

International Student Requirements:

Applicants whose native language is not English must take the TOEFL. There are three versions of the TOEFL: computer-based, paper-based, and Internet-based. Requirements are: a minimum of 550 on the paper-based TOEFL; 213 on the computer-based test; and 79 on the Internet-based test. For test locations please visit www.toefl.org. Other tests considered: IELTS (International English Language Testing System, minimum score required is 6) CAE (Certificate of Advanced English) Minimum score is B2. MELAB (Michigan English Language Assessment Battery, minimum score required is 77) Score is based on a 100 point scale. Financial documents and passport are required of all students seeking F-1 visa status. The deadline for fall admission is June 1; the deadline for spring admission is November 1

Tuition & Financial Aid

Cost Per Credit Hour:

$868. USD

Financial Aid Offered: Yes

Classification: Master's Colleges & Universities I

Institution Sector: Private not-for-profit

Locale: Large Suburb

Size & Settings: 5,000 - 9,999