Master of Science in Mathematical Finance (MSMF) 

at Boston University, Boston

With an acceptance rate of just 12.8%, the Boston University admissions are considered very tough. The low acceptance rate suggests that this university follows a highly selective approach in finding the right and academically inclined students to pursue education here. 

Below are the Boston University application requirements for UG and PG students:

• Completed Common Application form.

• Application fee of approx. USD 80 or around INR 7.17K

• Letters of recommendation (usually from teachers or counselors).

• Personal essay or statement of purpose.

• Financial documents proving the ability to pay tuition and living expenses.

• Copy of passport data page.

• Educational qualifications (a high school degree or a Bachelor's degree)

In the 2026 National Universities rankings of U.S. News, Boston University ranking is #42. In the QS Global University rankings, BU ranks at #88 in 2026. In Times Higher Education rankings, this university ranks at #76 in 2026. In the U.S. News Global rankings 2025, BU ranks at #86. Considering the world rankings, BU ranks among the Top 100 Universities in the world. 

At Boston University, students come from all walks of life and every corner of the globe. There is no single type of student at BU as the university's community includes students from different backgrounds and with a wide variety of life experiences. The total number of first-year applicants enrolled in Fall 2024 is 78,769. 23% of the students in the BU Class of 2028 are international.  

Purdue University, Boston University and Northeastern University are renowned institutions offering great campus cultures and various academic programs. There are subtle differences between the three universities. Below table compares rankings fees and acceptance rates of Purdue University, Boston University and Northeastern University. The information could be useful for students.

Here is the comparison highlighting the differences between the Universities:

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)

The University of Boston application fee varies by application type for international students. Mentioned below are the application fees at the university for UG, PG, and MBA admission:

• UG: USD 80 or INR 7.1K
• PG: USD 85 to USD 125 (INR 7.6K to INR 11.1K)
• MBA: USD 125 or INR 11.1K

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

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. 

It can be difficult to take admission at UBoston with 2.7 GPA. University does not mention any min GPA but it is recommended to have GPA of 3.0 out of 4.0 or higher.

There is a specified time for which international students should accept the Boston University offer by paying an enrollment fee. 

If an Indian applicant has received an offer for the UG level at Boston University, they should be able to accept it by May 1, 2026, for Regular Decision.

For Early Decision admissions, the offer acceptance deadlines are generally in December and February.