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Universities / New York University (Courant)

MS in Mathematics in Finance (MSMF)

Courant combines mathematical finance with computational research and an industry-supervised capstone. Core teaching spans derivatives, stochastic models, machine learning, portfolio risk and financial software.

What you’ll study

Core

  • Financial Securities and Markets
  • Machine Learning & Computational Statistics
  • Stochastic Calculus & Dynamic Asset Pricing
  • Scientific Computing OR Scientific Computing in Finance
  • Risk & Portfolio Management
  • Computing in Finance
  • Project and Presentation

Electives

  • Active Portfolio Management
  • Advanced Risk Management
  • Algorithmic Trading & Quantitative Strategies
  • Interest Rate & FX Models
  • Alternative Data, Cryptocurrencies & Blockchains
  • Trends in Sell-Side Modeling: XVA, Capital, and Credit Derivatives

Source: math-finance.cims.nyu.edu ↗

Before you apply

Maths
Multivariate calculus; Linear algebra; Calculus-based probability; Statistics
Programming
Summer computing assignment before Computing in Finance
Tests
General GRE required; quantitative PhD holders may request a waiver. GMAT not accepted.
English
TOEFL or IELTS unless a prior degree was taught in English; numeric minimum not specified on this page
Other
Three recommendations and a video statement; work experience required for part-time study, not for full-time applicants

Source: math-finance.cims.nyu.edu ↗

After graduation

The programme doesn’t publish an employment report.

QuantNet’s 2026 ranking reports 2025 full-time graduating cohort: 26% employed at graduation; 63% employed three months after graduation employment and a US$126,000 reported compensation figure for the 2025 full-time graduating cohort. The table labels this “Base salary”; the methodology defines average starting salary and sign-on bonus. Components are not reconciled by the source; this is not a median. starting salary. See the ranking ↗

Want to see what employers ask for? Browse open quant roles.

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 They’re personal views and may be out of date.

The programme homepage advertises 95% placement within three months but does not identify a cohort year.

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.

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