Program Overview
The Mathematics - Quantitative Finance & Risk Management at University of Michigan is a MSc programme in Business & Management over 24 months, delivered On-campus. This programme equips graduates with advanced knowledge and practical skills for professional and academic careers in the field.
Students gain a rigorous grounding in both the theoretical foundations and applied dimensions of business & management. The programme combines coursework, research components, and practical projects that develop critical thinking, problem-solving, and specialist expertise relevant to industry and research needs.
Graduates of the Mathematics - Quantitative Finance & Risk Management programme are well-prepared for careers in academia, industry, government, and the private sector across United States and internationally. The programme provides an internationally recognised qualification within the Bologna higher education framework.
Key Program Features
- Duration: 24 months
- Language of instruction: English
- Study mode: On-campus
- English requirement: IELTS 7
- Tuition: USD 12,021 (Tuition (Year)) — International students; USD 5,946 (Tuition (Year)) — National students
- Location: Ann Arbor, United States, United States
Career Opportunities
Graduates of the Mathematics - Quantitative Finance & Risk Management programme are prepared for diverse careers in business & management:
- Business Analyst
- Management Consultant
- Product Manager
- Strategy Analyst
- Operations Manager
- Entrepreneur
Program Curriculum
Course Structure
- Advanced Financial Mathematics I
- Discrete State Stochastic Processes
- Stochastic Analysis for Finance
- Numerical Methods with Financial Applications
- Computational Finance
- Applied Statistics I
- Statistical Analysis of Financial Data
Admission Requirements
Academic Requirements
- \n
- Rackham\xc2\xa0Online Application\xc2\xa0with\nfee. \n
- Statement\nof Purpose \n
- Personal\nStatement: \n
- Curriculum\nVitae/Resume (4 page limit) \n
- Three\nletters of recommendation.
- \n
- \n
- Official\nGRE General scores \n
- The\xc2\xa0ETS\nschool code\xc2\xa0for the University of Michigan Rackham Graduate\nSchool is\xc2\xa01839.
- \n
- \n
- Official\nTranscripts\xc2\xa0from\nall post secondary institutions are submitted to the University of\nMichigan Rackham Graduate School.
- \n
- Official\nTOEFL or IELTS Scores\xc2\xa0are required for non-native English speakers. \n
- \n
English Proficiency: IELTS 7 or equivalent.
Tuition & Financial Information
Tuition Fee
USD 12,021 (Tuition (Year)) — International students; USD 5,946 (Tuition (Year)) — National students
Tuition fees: USD 12,021 (Tuition (Year)) — International students; USD 5,946 (Tuition (Year)) — National students
IELTS requirement: 7
Financial Aid & Scholarships
Contact University of Michigan directly for scholarship, grant, and financial aid information for this programme. Many European universities offer merit-based and need-based funding for international and domestic students.
About University of Michigan
University of Michigan
United States
The University of Michigan is a public research university in Ann Arbor, Michigan, United States. It was founded in 1817 and is the oldest institution of higher education in the state. It is also...
University Profile- Language English
- Duration 24 months