Master of Science in Mathematical Finance (MSMF)
3.8 /5
- Private University
School of Management
Talk to ExpertMaster of Science in Mathematical Finance (MSMF) at Boston University Overview
Master of Science in Mathematical Finance (MSMF)
at Boston University
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 | ₹54.54 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)
Table of contents
Master of Science in Mathematical Finance (MSMF) at Boston University Fees
Master of Science in Mathematical Finance (MSMF)
at Boston University
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.
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 54,53,629 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Insurance | INR 2,67,530 |
| Transportation | INR 1,07,434 |
Calculated at the exchange rate of 1 USD = INR 95.92339 | Tuition & expenses were last updated on 11ᵗʰ November 2025Download exam sample paper
TOEFL
TOEFL
PTE
IELTS
Duolingo
GMAT
GRE
Master of Science in Mathematical Finance (MSMF) at Boston University Entry Requirements
Master of Science in Mathematical Finance (MSMF)
at Boston University
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- No specific cutoff mentioned
- Read less
- 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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GPA
Percentage
CGPA
Out of 10
TOEFL
- No specific cutoff mentioned
- Minimum score of 90 is recommended
-
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Convert your CGPA to GPA
Calculate your score and check your eligibility at over 2000+ universities.
GPA
Percentage
CGPA
Out of 10
GMAT
- No specific cutoff mentioned
- NA
PTE
- No specific cutoff mentioned
- NA
IELTS
- No specific cutoff mentioned
- Read less
- Minimum score of 6.5 across each band
- Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS
GRE
- No specific cutoff mentioned
- NA
Duolingo
- No specific cutoff mentioned
Other eligibility criteria
ELP waiver- Applicants who have earned or will have completed at least two years of a bachelor’s or master’s degree at an institution in which the language of instruction was solely based in English are eligible for an automatic TOEFL/IELTS/PTE waiver
Sign-up to view details
Master of Science in Mathematical Finance (MSMF) at Boston University Frequently Asked Questions
Master of Science in Mathematical Finance (MSMF)
at Boston University
Master of Science in Mathematical Finance (MSMF) at Boston University Application Process
Master of Science in Mathematical Finance (MSMF)
at Boston University
Step one
Prepare documents for application
LOR
- Applicants need to submit two letters of recommendation
ESSAYS
- One essay is required
- Upload in the “Documents” section of the “Program Materials” portion of the application
CV
- Submit current resume
- Upload in the “Supporting Information” section of the online application
Step two
Additional documents required
- 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.
Step three
Start your online application
Step four
Application fees for this course
USD 125 = INR 11.92 Thousand
Mode of payment: Credit card, Debit card
- 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
Step five
Application deadline
Fall (Sept): 20th Jan
Fall (Sept): 31st Mar
*The dates specified are tentative dates as per the previous year records. Our expert counselors can help with exact deadline date. Connect with the expert now!
Master of Science in Mathematical Finance (MSMF) at Boston University Rankings
Master of Science in Mathematical Finance (MSMF)
at Boston University
Course Ranking
University Ranking
| Rank | Rank Publisher |
|---|---|
| #18 | |
| #62 | |
| #77 |
Master of Science in Mathematical Finance (MSMF) at Boston University Placements
Master of Science in Mathematical Finance (MSMF)
at Boston University
| 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
Master of Science in Mathematical Finance (MSMF)
at Boston University
Boston UniversityStudents Ratings & Reviews
3.8/5
37 Verified ReviewsStudent Views (Based on Reviews)
- 32% students never faced discrimination in this university
Vibe of Campus
Friendly
Multi-dimensional
Academically oriented
Fun loving
Internships3.1
Part time work2.8
Post study jobs3.9
Quality of faculty4.5
Student Life4.5
Value for money3.2
Public transportation4.5
Safety4.6
Indian Food4.1
Permanent Immigration2.8
A
Anonymous
Master of Science in Enterprise Risk Management - Batch of 2026
3.7
Lovely and fulfilling experience.
Tips: The weather has been the biggest change for me here and there is a lot of stuff that you will have to buy locally rather than from back home such as jackets, shoes, adapters, Instant Pot and more. Sometimes you can get discounted stuff at garage sales or from seniors who are moving out and wish to get rid of their stuff such as kitchenware or furniture. Academically, the university is pretty good and offers many courses and chances to experiment.
Total Monthly ExpenseUSD 1925
Prepping time for classes31 hours/Week
Expected Annual SalaryUSD 103725
A
Anonymous
Master of Science in Software Development - Batch of 2024
3.8
Strong academics and a vast college.
Tips: My programme at Boston University is quite vigorous and heavy and some of the assignments have given me sleepless nights. Professors here really emphasise research and clarity and a lot of your projects will also require the same energy. Jobs are not really easy to get any longer because of all the changes and BU is an expensive school so consider all your options.
Total Monthly ExpenseUSD 1850
Prepping time for classes32 hours/Week
Expected Annual SalaryUSD
A
Anonymous
Master of Science in Software Development - Batch of 2025
3.6
Great university and helpful staffs.
Tips: The transition from life back home and here is quite prevalent. But I had an easy time adapting as the city is very student-friendly and welcoming, and the university takes measures to help you out with administrative stuff once you arrive. No part-time jobs off campus, and for on-campus opportunities, there are limited spots. Public transport is free, and my experience has been quite great so far.
Total Monthly ExpenseUSD 1750
Prepping time for classes29 hours/Week
Expected Annual SalaryUSD 97550
A
Anonymous
Master of Science in Applied Biostatistics - Batch of 2026
3.8
Student-friendly and diverse.
Tips: This is a lively city and I've never seen a campus as spread out as Boston University. The best aspects include the safety, easily accessible transportation and the fact that the whole town is student friendly. However the cost of rent and living is quite expensive. You'll need to compensate by budgeting carefully in other areas. Also tuition is very high so be sure you've considered this carefully before coming here.
Total Monthly ExpenseUSD 2350
Prepping time for classes30 hours/Week
Expected Annual SalaryUSD
I
Ishaani J
Master of Arts in Emerging Media Studies - Batch of 2026
3.5
The city is friendly, with many universities and students, making it a great college town.
Tips: Boston was a city that instantly drew me in. The people are friendly, and the city is filled with many universities and students; making it a great college town basically. I've also managed to find a good balance studying here. Accommodation is expensive, but you can save a lot on travel by carpooling, and most of the public transport is free. You'll be expected to engage in your classes and advocate for yourself if there are projects you wish to be a part of.
Total Monthly ExpenseUSD 2550
Prepping time for classes34 hours/Week
Expected Annual SalaryUSD 86750
View All 37 Reviews
Master of Science in Mathematical Finance (MSMF) at Boston University Highlights
Master of Science in Mathematical Finance (MSMF)
at Boston University
- 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
Read more
Master of Science in Mathematical Finance (MSMF) at Boston University Scholarships
Master of Science in Mathematical Finance (MSMF)
at Boston University
Scholarship information is not available. You can apply to non-college specific scholarships available for
USA.
View all 38 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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Master of Science in Mathematical Finance (MSMF)
at Boston University