Boston University

School of Management

Mathematical Finance Program


640 Commonwealth Ave

Boston, MA 02215

United States

Program Information

Degrees Offered:

Ph.D. Mathematical Finance, M.S. Mathematical Finance

Format: Campus

Program Description:

The 17 month Master of Science in Mathematical Finance (MSMF) program focuses on the crux of mathematical concepts that led to the development of the Black-Scholes option pricing method and have grown recently into a universal tool for creating effective investment strategies and risk-analysis. A distinguishing characteristic of the Master of Science in Mathematical Finance is the careful integration of certain practical domains of mathematics with an in-depth study of the theory and practice of modern finance. Our view of the field of mathematical finance (MF) has always been that “mathematical” modifies “finance” and that understanding the nature of the Brownian motion, however instrumental, does not amount to an understanding of finance. Therefore, this program focuses on the unique field of mathematical finance rather than treating mathematics and finance as separate entities.


AACSB accredited.

Facts & Figures

# of Credits Required: 48

In State Tuition (per year): 39314 USD

Out State Tuition (per year): 29227 EUR

Classification: Doctoral/Research University—Extensive

Locale: Large City

Size & Settings: 0-999

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