MS in Quantitative Finance

University of Michigan (United States) · 500 S State St, Ann Arbor, MI 48109, United States

About University:

The University of Michigan (U-M, UMich, or simply Michigan) is a public research university in Ann Arbor, Michigan. Founded in 1817, it is the oldest institution of higher education in the state. The University of Michigan is one of the earliest American research universities and is a founding member of the Association of American Universities. In the fall of 2023, the university enrolled over 52,000 students.The university is classified among "R1: Doctoral Universities – Very High Research Activity". It consists of nineteen colleges and offers 250 degree programs at the undergraduate and graduate level across various liberal arts and STEM disciplines. The university is accredited by the Higher Learning Commission. In 2021, it ranked third among American universities in research expenditures according to the National Science Foundation.The University of Michigan's athletic teams are collectively known as the Wolverines. They compete in NCAA Division I FBS as members of the Big Ten Conference. The university currently fields varsity teams across 29 NCAA-sanctioned sports. As of 2022, athletes from the university have won 188 medals at the Olympic Games.

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About University:

The University of Michigan (U-M, UMich, or simply Michigan) is a public research university in Ann Arbor, Michigan. Founded in 1817, it is the oldest institution of higher education in the state. The University of Michigan is one of the earliest American research universities and is a founding member of the Association of American Universities. In the fall of 2023, the university enrolled over 52,000 students.The university is classified among "R1: Doctoral Universities – Very High Research Activity". It consists of nineteen colleges and offers 250 degree programs at the undergraduate and graduate level across various liberal arts and STEM disciplines. The university is accredited by the Higher Learning Commission. In 2021, it ranked third among American universities in research expenditures according to the National Science Foundation.The University of Michigan's athletic teams are collectively known as the Wolverines. They compete in NCAA Division I FBS as members of the Big Ten Conference. The university currently fields varsity teams across 29 NCAA-sanctioned sports. As of 2022, athletes from the university have won 188 medals at the Olympic Games.

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Program Details:

Program Website

Basic Info

Institute

College of Literature, Sciences and the Arts

Degree

MS

Duration

1.5 years

STEM Designated

Yes

Program

Quantitative Finance

Expense

Living Expenses

USD 27100

Tuition Fee (Domestic)

USD 28900

Tuition Fee (International)

USD 57800

Eligibility

Minimum/ Avg Score

IELTS

7

(waiver offered)

TOEFL

95

(waiver offered)

Undergrad GPA

3.6

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Document Required:

  • Degree Transcript

    Common Document

    Submit official transcripts from all post secondary institutions are submitted to the University of Michigan Rackham Graduate School.

  • Letter of Recommendation (LOR)

    University Specific

    Three (3) Letters of Recommendation: Register your recommenders for the electronic Letters of Recommendation system in the online application. AMDP applicants need to only submit 2 letters of recommendation, though we recommend that both come from U-M faculty in Mathematics or Statistics.

  • Personal Statement

    University Specific

    This is different from the Statement of Purpose in that we ask that you write about things not captured by the application or the Statement of Purpose. Tell us about where you grew up, when you first decided you wanted to study quantitative finance, what challenges you faced and how you overcame them in your pursuit of your education and career.

  • Resume

    Common Document

    Upload your resume that describes your education, work experience, research experience, professional affiliations, volunteer activity and community engagement, honors and awards. Please limit your resume to 1 page.

  • Statement of Purpose (SOP)

    University Specific

    The Statement of Purpose should be a concise, well-written essay about your mathematical background, your career goals, and how the Quantitative Finance and Risk Management program will help you meet your career and educational objectives.

  • Test Score Report

    Common Document

    GRE

  • Test Score Report

    Common Document

    TOEFL/IELTS

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