Master of Financial Mathematics (MFM) Program

The Master of Financial Mathematics prepares students to enter the field of quantitative finance, which merges the disciplines of finance, mathematics, statistics, economics and computer/data science.  The program has a strong academic curriculum and a multifaceted career development program.  MFM students develop a foundation in mathematical and statistical modeling, data science and risk analysis within the specific domain of quantitative finance. Our alumni work in a wide range of quantitative finance and data science jobs. We have a tight-knit relationship with our quantitative finance and data science alumni and practitioner network in Minneapolis-St. Paul, nationwide and globally.  All courses are held at night to facilitate working students as well as full time students, who can engage in additional academic and career activities during the day.

How to Apply

What makes Minnesota's MFM Great:

Experienced Faculty:

Theoretical and Real-World Graduate Coursework:

    Strong Program Reputation:

    • Ranked in top 12-23 MFM / MFE Programs in North America
    • One of only two MFM programs in Upper Midwest
    • Our MFM talent sought locally and nationally


    Meet some of our Alumni

    student photo

    May Ji

    Quantitative Quality Engineer, The Options Clearing Corporation (OCC)
    student photo

    Robert Schell

    Assistant V.P., Corporate Treasury, U.S. Bank
    2014 Financial Math Modeling Workshop
    Schedule Facilitates Working and  Full Time Students:
    • All courses taught at night-good for working adults
    • Full-time students have time to pursue minors, internships

    Vibrant Finance, Insurance , Business and Data Science Hub:

    Excellent Career Support and Alumni Network:

    • Weekly MFM career workshop for first year students
    • Individualized career advising & excellent placement 
    • MFM clubs for industry interaction; quant projects
    • Career events, site visits, trading & data analytics competitions
    • Highly involved and dedicated alumni and practitioner network 



    Current MFM Graduate Student Brady Miller