Universities / Boston University
MS in Mathematical Finance & Financial Technology (MSMFT)
A 33-credit programme combining a math/programming refresher, stochastic calculus, fixed income and statistics with a spring and fall elective menu covering machine learning, algorithmic trading and deep learning. A required summer internship and career-management series give it a strong recruiting focus.
What you’ll study
Core
- MF702 Fundamentals of Math Finance
- MF703 Programming for Mathematical Finance
- MF790 Introduction to Stochastic Calculus
- MF793 Statistical Methods of Mathematical Finance
- MF728 Fixed Income Securities
- MF610 Mathematical Finance Career Management
- MF650 Industry Internship
Electives
- MF796 Computational Methods of Mathematical Finance
- MF810 Advanced Programming: Data Structures and Algorithms
- MF815 Advanced Machine Learning Applications for Finance
- MF821 Algorithmic and High-Frequency Trading
- MF825 Portfolio Construction
- MF840 Data Analysis and Empirical Methods
- MF730 Dynamic Portfolio Theory
- MF731 Corporate Risk Management
- MF740 Economics of FinTech
- MF770 Advanced Derivatives
- MF772 Credit Risk
- MF850 Deep Learning, Statistical Learning
- AC860 Accounting Risk Management
Source: bu.edu ↗
Before you apply
- Background
- Four-year bachelor's (or international equivalent)
- Maths
- multivariate calculus; linear algebra; probability; statistics; differential equations
- Programming
- Initial programming coursework required; pre-programme programming refresher offered
- Tests
- GMAT/GRE optional
- English
- TOEFL iBT 90 recommended (4.5 on new scale), IELTS 6.5 each band, Duolingo 120
- Other
- Three video essays; no interview; work experience not required
Source: bu.edu ↗
After graduation
- Employment
- 93% of graduates seeking employment accepted an offer within 6 months, class of 2026
- Salary
- Mean base salary $93,957 (class of 2026; no median published)
- Typical first roles
- Quantitative & Research Analyst (39%), Data Science & Analytics (22%), Trading & Portfolio (17%), Risk (11%), Financial Technology & Other (11%)
- Employers
- Goldman Sachs, JPMorgan Chase, Bloomberg, BlackRock, Morgan Stanley, State Street, Fidelity, Bank of America
Source: bu.edu ↗
Want to see what employers ask for? Browse open quant roles.
Page lists '80% selectivity' undefined. QuantNet figures not retrieved.
Checked 6 November 2026 against the sources linked on this page. Fees, units and requirements change each year, so confirm them on the programme’s website before applying.
Similar programmes
Pittsburgh, United StatesMSCFCarnegie Mellon UniversityClaremont, United StatesMSFEClaremont Graduate UniversityIthaca, United StatesMEng FECornell UniversityTallahassee, United StatesMS FMFlorida State UniversityAtlanta, United StatesQCFGeorgia Institute of TechnologyCambridge, United StatesMFinMassachusetts Institute of Technology