Master of Financial Mathematics
4.0 /5
- Public University
Department of Mathematics
Talk to ExpertMaster of Financial Mathematics at NC State University Overview
Master of Financial Mathematics
at NC State University
North Carolina State University offers Master of Financial Mathematics to Indian students. It is university's flagship course. The duration of the course at the university is 18 months. While choosing this university, students must pay the tuition fee and living expenses required. To pursue this course, students will have to pay annual tuition fee of USD 43,073 (INR 4,134,577). In addition, students will have to bear the living expenses, including housing, food, transportation, books and supplies, and other miscellaneous expenses. On the average, the cost of attending Master of Financial Mathematics at North Carolina State University is around USD 13,400 (INR 1,286,266). Indian students must appear for the following exams and obtain the minimum scores required: IELTS, TOEFL, GRE, PTE and Duolingo
Duration | 18 months |
Tuition & Fees | ₹40.94 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
Master of Financial Mathematics
Table of contents
Master of Financial Mathematics at NC State University Fees
Master of Financial Mathematics
at NC State University
Students are required to pay the first-year tuition fee as per the North Carolina State University Master of Financial Mathematics fee structure. In addition to tuition costs students should budget for
- housing
- food
- other utilities
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 40,94,132 |
| Application Fee | INR 8,079 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 12,73,684 |
| Insurance | INR 2,64,622 |
Calculated at the exchange rate of 1 USD = INR 95.05101 | Tuition & expenses were last updated on 18ᵗʰ April 2025Download exam sample paper
TOEFL
TOEFL
PTE
IELTS
Duolingo
GRE
Master of Financial Mathematics at NC State University Entry Requirements
Master of Financial Mathematics
at NC State University
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- CGPA - 3/4
- Applicants for admission should have an undergraduate degree that would preferably include courses in advanced calculus, linear algebra, probability, and statistics.
- A GPA of at least 3.00 (on a 4.00 scale) in their undergraduate degrees.
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GPA
Percentage
CGPA
Out of 10
3 year degree accepted
- N/A
- Some 3 year degrees are treated as equivalent to the U.S. bachelor’s (see below) where others may require outside evaluation.
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GPA
Percentage
CGPA
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TOEFL
- Marks - 80/120
- Read less
- TOEFL 80 with minimum 18 for each section
- However, a TOEFL score of 90 (minimum 19 for each section) is preferred by the department
-
Register for TOEFL iBT® Test Today and get Rs 500 Off. Use code SHIKTOEFL to avail the discount. Hurry Register now for TOEFL
PTE
- No specific cutoff mentioned
IELTS
- Marks - 6.5/9
- Read less
- IELTS 6.5 with minimum 6.5 for each section
- IELTS score of 7.0 (minimum 7.0 for each section) is preferred by the department
- 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
Duolingo
- No specific cutoff mentioned
Sign-up to view details
Master of Financial Mathematics at NC State University Application Process
Master of Financial Mathematics
at NC State University
Step one
Prepare documents for application
LOR
- Three Letter of Recommendations
CV
- Your professional resume.
Step two
Additional documents required
- An unofficial transcript from all colleges and universities
- English Language Proficiency Score
- Personal Statement:
- Explain your motivation and provide some understanding to your application materials.
- 1 – 2 pages, single-spaced, are recommended.
- GRE score (optional)
Step three
Start your online application
Step four
Application fees for this course
USD 85 = INR 8.14 Thousand
Mode of payment: Credit card
Step five
Application deadline
Summer (May): 15th Dec
Summer (June): 15th Dec
Spring (Jan): 15th July
Fall (Aug): 1st 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 Financial Mathematics at NC State University Rankings
Master of Financial Mathematics
at NC State University
Course Ranking
University Ranking
| Rank | Rank Publisher |
|---|---|
| #21 | |
| #101 | |
| #151 |
Master of Financial Mathematics at NC State University Placements
Master of Financial Mathematics
at NC State University
| Particulars | Statistics (2021) |
|---|---|
| Internship Available | Yes |
North Carolina State UniversityStudents Ratings & Reviews
4/5
48 Verified ReviewsStudent Views (Based on Reviews)
- 33% students never faced discrimination in this university
Vibe of Campus
Multi-dimensional
Friendly
Academically oriented
Fun loving
Internships3.4
Part time work3.6
Post study jobs4.1
Quality of faculty4.4
Student Life4.4
Value for money3.4
Public transportation4.3
Safety4.5
Indian Food4.2
Permanent Immigration3.3
A
Anonymous
Master in Engineering Management - Batch of 2027
4.6
A very welcoming and homely place where you can learn a lot.
Tips: Received a 10% scholarship and a 500 professional development fund to attend conferences and get certificates. Definitely very satisfied with all the learning outcomes. There's also an Indian association that takes care of all Indian students' needs.
Likes (Value for money): The courses are very good. The living expenses of the city of Raleigh are also quite low in comparison to other cities, making it easy to manage expenses while working part time on campus. The tuition is manageable as well and they also waive tuition if you get a TA or RA position.
Dislikes (Internships): There are internships but just the market in general isn't the best right now and for the career fair, only a few companies accept F1 students. Some students who have work experience have got very good internships all around the US and they provide good career guidance services so eventually everyone will definitely get a job.
Total Monthly ExpenseUSD 900
Prepping time for classes20 hours/Week
Expected Annual SalaryUSD 100000
S
Shrawani Gulhane
Master of Computer Science- Data Science Track - Batch of 2026
4.7
A challenging yet very supportive university; good opportunities for future.
Tips: The university is academically rigorous but it helped me a lot to learn new things. There are many resources and mentors for you every step whenever you need help. My transition was smooth, I had even got my finances sorted and even secured a part-time job before arriving in the States. Most international students work part-time jobs here. The university offers scholarships and funding to various departments.
Likes (Public transportation): The university has its own public transportation which is well-connected to all campuses and the housing location that students prefer on or off-campus. The frequency is amazing year around. The public transportation is completely free and very convenient.
Dislikes (Value for money): The fee structure is very manageable compared to most of the Universities. And the university being a public university, has various facilities and resources for international students. The departments have funding and scholarships, even if you want to do a the university funds you for it.
Total Monthly ExpenseUSD 800
Prepping time for classes20 hours/Week
Expected Annual SalaryUSD 100000
S
Soham Santosh Joshi
Master of Financial Mathematics - Batch of 2026
4.3
Great value-for-money program.
Tips: One of the best courses with a strong curriculum and excellent career support. The Financial Mathematics programme at NC State offers a well-structured and rigorous curriculum. The career services are outstanding and very supportive with good industry exposure and guidance. Tuition is reasonable compared to similar programs and there are multiple scholarship opportunities available. Additionally, there are plenty of on-campus part-time jobs available for students. A great value-for-money programme.
Likes (Value for money): It is one of the best courses with a strong curriculum, excellent career services and reasonable tuition. Being rigorous academically and having excellent career guidance along with great industry exposure with hands-on projects makes this a great value-for-money programme.
Dislikes (Indian Food): Mostly American food options are available at a reasonable price. Indian grocery and food options are not very accessible. I prefer cooking for myself which reduces living expenses by a considerable amount. There is a Feed the Pack free grocery service which you can avail for basic groceries.
Total Monthly ExpenseUSD 800
Prepping time for classes10 hours/Week
Expected Annual SalaryUSD 120000
A
Anonymous
Master of Science in Psychology - Batch of 2025
3.6
Very fulfilling experience.
Tips: The university here is very diverse, and there is plenty of representation on campus. Once you're settled, things move much smoothly and the bus services are free to help you get around. There is an Indian restaurant available, although not as authentic as you might like, but there are plenty of options nearby. I am quite satisfied with my experiences.
Total Monthly ExpenseUSD 1650
Prepping time for classes30 hours/Week
Expected Annual SalaryUSD 102950
K
Kunal Sachdeva
MS Aerospace Engineering - Batch of 2025
4.5
Great university for aerospace and Indian students.
Tips: Cultural shock might initially be challenging but the large Indian student population at NC State makes it easy to make friends, which can help ease homesickness. Securing Resident Assistant (RA) or Teaching Assistant (TA) positions is quite competitive so plan accordingly. Finding part-time work is relatively easy; dining jobs offer $10 per hour with a maximum of 20 hours per week, which can cover living expenses if you share a room and budget carefully. Over time you may be able to move into a higher grade or departmental position which is less demanding and offers better pay. Scholarships for Indian nationals are scarce. The university is excellent with a good faculty, well structured coursework and strong research opportunities. Be prepared to dedicate yourself to your studies. The academic approach here differs significantly from Indian universities; cramming won't suffice for good grades. Plan your studies thoroughly
Total Monthly ExpenseUSD 900
Prepping time for classes25 hours/Week
Expected Annual SalaryUSD 84450
View All 49 Reviews
Master of Financial Mathematics at NC State University Highlights
Master of Financial Mathematics
at NC State University
- Financial Mathematics Program is known for rigorous training in the core areas of probability, statistics, modeling, investment theory, stochastic processes, and economics.
- The depth of understanding prepares students to respond to today's rapidly evolving, world-wide economic, and financial landscape.
- During the 18 month program, students are encouraged to build on the core with a focus in areas such as business management, statistics, mathematics, or risk management.
- In addition to course requirements (six core courses and five electives), the Master of Financial Mathematics degree requires completion of a 1-credit internship or research project.
Read more
Master of Financial Mathematics at NC State University Scholarships
Master of Financial Mathematics
at NC State University
Scholarship information is not available. You can apply to non-college specific scholarships available for
USA.
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Master of Financial Mathematics
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