Master of Financial Mathematics
- Public University
Faculty of Science
Master of Financial Mathematics at McMaster University Overview
Master of Financial Mathematics
at McMaster University
McMaster University`s Faculty of Science offers Master of Financial Mathematics Degree program. The duration of this program is 12 months. The tuition fees to pursue this program is CAD 45045.0. IELTS, TOEFL, and PTE scores are accepted for admission to McMaster University Master of Financial Mathematics.
Duration | 12 months |
Course Level | PG Degree |
Mode of Course | Full Time |
International Students Admission Website | Go to Website  |
Tuition & Fees | ₹27.96 Lakh View full breakup |
Type of University | Public |
Official Career Service Website | Go to Website |
Master of Financial Mathematics at McMaster University Highlights
Master of Financial Mathematics
at McMaster University
- The Master of Financial Mathematics (also called M-Phimac) is an intensive one-year graduate program
- Eight months of coursework taught by recognized experts emphasize the development of both strong technical foundations and professional knowledge, with the goal to understand the applications of advanced mathematics to finance and investments
- Financial mathematics applies methods of mathematics, statistics, computational science and economics to core problems arising in financial institutions
Master of Financial Mathematics at McMaster University Rankings
Master of Financial Mathematics
at McMaster University
Master of Financial Mathematics at McMaster University Entry Requirements
Master of Financial Mathematics
at McMaster University
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- No specific cutoff mentioned
- Read more
- Admission requires an Honours Bachelor degree in a quantitative subject, such as mathematics, statistics, physics, computer science, or engineering
- For graduates of mathematics or statistics, a minimum B+ average across their level 3 and 4 undergraduate mathematics and statistics courses, or the equivalent standard from another university. Mathematics graduates are expected to have taken real analysis at level 3 or higher. For other graduates, comparable results in level 2,3 and 4 quantitative courses plus complementary achievement in their chosen specialization. For instance, engineering candidates are expected to have studied PDEs and/or a course with notable theoretical mathematics. Physicists are expected to have taken courses where they have studied stochastic processes. All applicants must meet the Level 4 requirements of the School of Graduate Studies
- Evidence of communication and interpersonal skills, and the ability to work effectively in the North American business culture
- Other evidence of leadership, analytical expertise, industry experience, or other marketable job skills
- Competence in a general computer programming language such as C++ or python as well as experience with scientific packages such as Matlab, maple, R or Mathematica. Any additional programming competence will be beneficial in the program
TOEFL
- Marks - 92/120
PTE
- Marks - 63/90
IELTS
- Marks - 6.5/9
- With a minimum of 5.5 in each section
Other eligibility criteria
Successful applicants generally have a first-class degree, or 85% average, and reference letters presenting evidence of a strong academic background
Conditional Offer
- Not mentioned
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Master of Financial Mathematics at McMaster University Application Process
Master of Financial Mathematics
at McMaster University
Step one
Prepare documents for application
LOR
- Two Letters of Recommendation: Two confidential letters of recommendation from instructors most familiar with applicants academic work
Step two
Additional documents required
- Academic transcript(s)
- Statement of Interest: a one-page summary describing how your background and goals make you an excellent candidate for success in MPhimac, and in a future career in financial mathematics
- Official TOEFL or IELTS scores
Step three
Start your online application
Step four
Application fees for this course
CAD 110 = INR 6.83 Thousand
Mode of payment: Credit card, Debit card
- Payment plans are available
Master of Financial Mathematics at McMaster University Fees
Master of Financial Mathematics
at McMaster University
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 27,96,394 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 7,09,574 |
| Insurance | INR 39,483 |
| Transportation | INR 16,327 |
| Athletics & Recreation Sports | INR 2,421 |
| Total approximate fees | INR 7,67,805 |
Calculated at the exchange rate of 1 CAD = INR 62.08 | Tuition & expenses were last updated on 21ˢᵗ February 2024
Master of Financial Mathematics at McMaster University Scholarships
Master of Financial Mathematics
at McMaster University
Master of Financial Mathematics at McMaster University Placements
Master of Financial Mathematics
at McMaster University
Top Recruiters for McMaster UniversityCredit Suisse
Deloitte
Deutsche Bank
Ernst & Young
KPMG
Morgan Stanley
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Master of Financial Mathematics at McMaster University Contact Information
Master of Financial Mathematics
at McMaster University
Address
1280 Main Street West, Hamilton, Ontario L8S4L8
Hamilton ( Ontario)
Phone
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