MSc in Financial Mathematics (thesis and non-thesis), Institute of Applied Mathematics (MSc FM)
An interdisciplinary programme drawing on mathematics, business administration, economics, statistics, physics and industrial engineering. Subject areas include stochastic models, option pricing, pricing of complex financial products, portfolio optimization and control, and financial decision aiding in energy and environment.
What you’ll study
The programme doesn’t publish a unit list. Check the programme website for the current structure.
Before you apply
- Background
- Bachelor's degree (held or expected by end of application term)
- Tests
- ALES quantitative >= 70 or GRE quantitative >= 153 (required)
- English
- METU-EPE >= 64.5, TOEFL >= 79 or PTE >= 62
- Other
- At least two reference letters; letter of intention
Source: iam.metu.edu.tr ↗
After graduation
The programme doesn’t publish an employment report.
Want to see what employers ask for? Browse open quant roles.
Course lists, credits and duration were not retrievable (curriculum pages link out to catalogue). Search results mentioned IAM520 Financial Derivatives and IAM521 Financial Management in the PhD preparation programme and IAM 522 Stochastic Calculus for Finance, IAM 524 Financial Economics via a faculty personal page; not recorded as units.
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.