

Master of Science in Mathematical Finance (MSMF)
- Private University
School of Management
Master of Science in Mathematical Finance (MSMF) at Boston University Overview
Master of Science in Mathematical Finance (MSMF) at Boston University is a popular program among Indian students. For admission to this course, which has 17 months, an Indian student needs to be eligible and submit documents. The documents to be submitted are academic qualifications, standardised text and language test score, resume and others. English language tests accepted by the university such as IELTS, TOEFL, PTE, GMAT and GRE. The first-year tuition fee for this course at the time of admission is USD 56,854. Also, there is regular spending on food, travel, staying, books, supplies and others.
Duration | 17 months |
Tuition & Fees | ₹51.01 Lakh Get Fees details |
International Students Admission Website | Go to Website |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
Master of Science in Mathematical Finance (MSMF) at Boston University Fees
The fee structure for the Master of Science in Mathematical Finance (MSMF) at the Boston University covers the first-year tuition fees along with other additional charges, including the Books and supplies charges; facilities cost and many more offered by the Boston University. Other than tuition costs, students need to pay living expenses that cover various factors like rent, food, transportation, utility, and other personal expenses. The total tuition fees for the first year of Master of Science in Mathematical Finance (MSMF) is USD 56,854.
Find more details about Boston University Master of Science in Mathematical Finance (MSMF) on the fee breakup, from the table mentioned below.
| Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 51,00,941 |
| Fees components | Amount (for 1 year) |
|---|---|
| Insurance | INR 2,50,229 |
| Transportation | INR 1,00,486 |
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Master of Science in Mathematical Finance (MSMF) at Boston University Entry Requirements
- No specific cutoff mentioned
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- Students must have a four year bachelors degree from an accredited US institution or its international equivalent
- Students with a three year degree will also be accepted in the application process
- Prerequisites required are Calculus, Linear Algebra, Differential Equations, Probability Theory, Statistics and Computer Programming

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- Minimum score of 90 is recommended
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- Minimum score of 6.5 across each band
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Master of Science in Mathematical Finance (MSMF) at Boston University Frequently Asked Questions
Boston is worth for studying the MS programme because of its affordable tuition fee and ranking. The cost of studying MS at the university is around INR 26 L to INR 88 L for first-year. Some top-ranking MS specializations at the university are Computer Science, Artificial Intelligence, Chemistry, Health Informatics, etc.
Check the list of Top Universities for MS In the USA
Yes, BU ranks at #41 in the US for the year 2025 per US News. The same source also ranks it #73 globally. Furthermore, as per another world-ranking publisher, the BU ranking is #75 in 2025. It can be said that Boston University is a top 100 University in the U.S.
Provided that the applicant meets all the other Boston University eligibility requirements, they are allowed to submit an application holding a three-year bachelor's degree from India. This degree should be accredited by India's National Assessment and Accreditation Council (NAAC) with a grade of 'A' or higher or by similarly recognised bodies.
Look at the important pointers given below -
- While the three-year degrees are accepted, this university generally prefers applicants holding a four-year UG degree due to it being the standard educational benchmark in the US.
- To show the English language proficiency is another eligibility criteria that is a non-negotiable admission criteria at this university.
Boston Uni acceptance rate is around 12.8% applicants must have a good academic profile and submit necessary tests score by the admission deadline to get admission. Check steps of Boston Uni admission process for UG admission mentioned below take a look -
- Go to the online application page and register
- Complete your application by providing the required details
- Pay the non refundable Boston University application fee
- Submit official records
- Receive your application decision
- At last, pay George Mason University tuition fees for your program
The total cost to study Boston University MBA course is USD 96,404. Out of this, the tuition fee is around USD 68,870. Other details are given below:
| Particulars | Expenses |
|---|---|
| Fees | USD 1,352 |
| Books | USD 1,574 |
| Housing & food | USD 15,450 |
| Health insurance | USD 3,538 |
| Transportation | USD 1,120 |
| Personal | USD 3,292 |
| Loan origination fee | USD 208 |
Master of Science in Mathematical Finance (MSMF) at Boston University Application Process
- Academic transcripts of previous studies
- GMAT Results or GRE Results
- English language proficiency result
- Prerequisite Form- prerequisite course information in the “Questions” section of the “Program Materials” portion of the application.
- University allows students to pay their tuition fee in installments in each semester
- Fall – Monthly Payment Plan for Fall expenses only (June – September)
- Spring – 5 month Payment Plan for spring expenses only (October – February)
- All available plans and applicable payment options, fees, and disclosures will be presented to students during enrollment. An enrollment fee and other fees may apply
Master of Science in Mathematical Finance (MSMF) at Boston University Rankings
| Rank | Rank Publisher |
|---|---|
| #19 | |
| #64 | |
| #76 |
Master of Science in Mathematical Finance (MSMF) at Boston University Placements
| Particulars | Statistics (2021) |
|---|---|
| Internship Available | Yes, Students will have an opportunity to complete a two-month summer internship which adds real-world experience to their resume and helps them expand their network |
Master of Science in Mathematical Finance (MSMF) at Boston University Students also asked
The total number of students enrolled at Boston University is 37,557. Out of this, more than 17,000 were UG and 18,000+ were PG & Professional students. The international student population at the university in 2023 was 12,853. India is one of the top origin from where international students enrolled at this university. The average class size is 30 and the number of faculty is 4,300+ at Boston University.
Boston University application fee for UG students is USD 80. For PG courses, the application fee varies as per the courses. For full-time MBA course, the application fee is USD 125 (INR 10,000). To apply to graduate courses, the applicants can apply via the university portal. Whereas, to apply to the UG courses, the students can apply via the Common Application.
Interntional students who wish to study at Boston USA must apply through 'Common Application' for UG admissions. They can apply for graduate admission through college application. First-year international applicants must submit the following credentials to complete the application:
- Secondary School Records
- Senior Year Grades
- Counselor Recommendation and School Report Form
- Teacher Evaluation
- English Proficiency Testing Results
- Documentation of Financial Support
- Copy of Data Page of Passport
- Standardized Tests (Optional)
Below-given are the estimates for undergraduate international students enrolled at Boston University in the 2025/26 academic year. Boston University cost for international students are given below:
Particulars | Fees for 9 months |
|---|---|
Tuition | USD 69,670 |
University fees | USD 1,496 |
Health insurance | USD 3,554 |
Room and board | USD 19,876 |
Books and supplies | USD 1,045 |
Incidentals | USD 4,855 |
Boston ranks among the top 100 universities in the world according to the QS rankings. Rankings for some popular courses are given below:
| Course | Rank |
|---|---|
| Accounting and Finance | 70 |
| Communication and Media Studies | 51 |
| Global MBA | 35 |
| Law and Legal Studies | 75 |
| Masters in Business Analytics | 27 |
| Medicine | 51 |
Boston UniversityStudents Ratings & Reviews
- 32% students never faced discrimination in this university
Master of Science in Mathematical Finance (MSMF) at Boston University Highlights
- Designed for the students interested in having a career as a trader, quantitative analyst or developer, or another finance-focused role
- The program focuses on the crux of mathematical concepts that led to the development of the Black-Scholes option pricing method, covering some of the most complex relations between various components of the modern financial system
- A distinguishing characteristic of the MSMF is that it is the careful integration of certain practical domains of mathematics with an in-depth study of the theory and practice of modern finance
- The program comprises the following areas of concentration:
Financial Technology
Quantitative Analytics
Risk Management
Analytics & Research - It provides the students with the option of completing a summer internship at a leading company in Boston and beyond, where they gain valuable skills and become more marketable to employers
Master of Science in Mathematical Finance (MSMF) at Boston University Scholarships
Class Profile
| Average class profile for this course | |
|---|---|
| Bachelors GPA / Percentage | 3.62 |
| GMAT Score Average | 720 |
| Student Age | 22 years |
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