Master of Science in Financial Mathematics (online, part-time) (MS FM Online)
A flexible financial-mathematics MS for working professionals, covering derivatives, stochastic modelling and statistical methods. Students combine five core courses, two core electives and three further electives.
What you’ll study
Core
- Mathematics of Finance
- Introductory Stochastic Differential Equations with Applications OR Stochastic Processes and Applications to Finance
- Introduction to Financial Derivatives
- Interest Rate and Credit Derivatives
- Statistical Methods and Data Analysis
Electives
- Financial Risk Management and Measurement
- Optimization in Finance
- Monte Carlo Methods
- Time Series Analysis
- Quantitative Portfolio Theory & Performance Analysis
- Financial Engineering and Structured Products
Source: ep.jhu.edu ↗
Before you apply
- Background
- Undergraduate or graduate degree in a quantitative discipline such as mathematics, engineering or science
- Maths
- Calculus through multivariable calculus; Linear algebra; Differential equations; Probability and statistics
- Programming
- Programming competency demonstrated through coursework, a verified MOOC or work experience
- Tests
- GRE not required
- English
- TOEFL iBT 100 for older exams or 5 for exams from 21 January 2026; IELTS 7.0; Duolingo 135; exceptions subject to EP waiver rules
- Other
- At least two years of relevant full-time finance or related work is suggested. Missing prerequisites may be completed under provisional admission with grades of B− or better. Admitted students typically have at least a 3.0 GPA in the latter half of undergraduate study.
Source: ep.jhu.edu ↗
After graduation
The programme doesn’t publish an employment report.
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What students and graduates say
Threads from QuantNet and other forums where applicants, students and graduates discuss this programme. They’re personal views and may be out of date.
- Anyone here have thoughts on the JHU MS in Financial Mathematics? Is it worth it? (Reddit)
- Anyone here have thoughts on the JHU MS in Financial Mathematics? Is it worth it? (Reddit)
Two of four core-elective choices are required before three further electives. The online route uses the online stochastic differential-equations alternative; the alternative Stochastic Processes and Applications to Finance is listed as in person. Tuition support applies only to Engineering for Professionals courses. Applications accepted year-round; Spring 2027 registration is advertised.
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.