Rutgers, The State University of New Jersey

School of Arts and Sciences

Financial Statistics & Risk Management


33 Livingston Avenue

New Brunswick, NJ 08901

United States

Program Information

Degrees Offered:

Master's of Science

Format: Campus

Program Description:

The Financial Statistics and Risk Management Program (FSRM) at Rutgers University offers a 30-credit Master’s degree in Statistics focused on the analysis and modeling of financial data and risk management. Students in the program receive core training in probability theory, statistical inference and advanced statistical and computational methods tailored to financial data analysis and modeling and risk management. They also receive supportive education in related financial concepts and market structure, operations, trading instruments and risk-related regulation.

Courses are taught by a faculty of experts in the mathematics of uncertainty and in statistical modeling and data analysis. Industry practitioners also contribute to instruction and training through workshops and seminars. Students benefit from a dynamic learning environment featuring internships, projects and case study assignments using real financial data, as well as attendance at practitioner seminars, industry events, career development workshops and mentorship opportunities. By bringing together a world-class faculty, Advisory Board and university located close to New York City, the FSRM program prepares students for a wide range of careers in the financial industry.



Strength of Scholarship. Faculty members have a strong research profile and have published widely in their fields.

Commitment of Scholarship. Courses are taught by faculty members committed to teaching and advising.

Small Classes. Enable extensive and personal interaction between students and faculty.

Research Resources. As a major state university, Rutgers offers extensive resources to support graduate research. Rutgers is a member of the Association of American Universities—the nationwide consortium of leading research universities—as well as the prestigious Big Ten Academic Alliance.

Accessibility. With easy access to the Turnpike and NJ Transit, the program is available to students from throughout New Jersey and beyond.

Educational Value. As the State University of New Jersey, a Rutgers education offers tremendous value.


Rutgers, The State University of New Jersey, is accredited by the Middle States Commission on Higher Education (MSCHE),

International Student Requirements:

TOEFL or IELTS test scores

Facts & Figures

Financial Aid: No

International Financial Aid: No

# of Credits Required: 30

Average Cost per Credit (Graduate): 702 USD

In State Tuition (per year): 8424 USD

Out State Tuition (per year): 14328 USD

Classification: Master's College or University I

Locale: Small City

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