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Our degree program, "MSMF", integrates theoretical foundations with practical applications to quantitative finance. Core courses are offered by the departments of Mathematics, Statistics, and Electrical and Computer Engineering; electives are offered by these departments, the Business School, and the departments of Computer Science, Economics, Systems Engineering, and Operations Research.

What is Mathematical Finance?

Excellent descriptions of mathematical finance and the careers and opportunities available to students are provided by the International Association of Financial Engineers and the Courant Institute for Mathematical Sciences.For more technical information about quantitative finance and risk management, visit the websites of Global Derivatives, the Global Association of Risk Professionals, and Willmott.


We prepare our graduates for rewarding careers in investment banks, hedge funds, asset management companies, financial software and data companies, and insurance companies, with roles in financial modeling and software development, model, market, credit, and operational risk management, asset valuation, trading desk support, trading, and portfolio management.

To see the latest MSMF placement information, please review the MSMF Career Employment announcement in our News.

Applicant Information

We encourage you to apply for admission well before the deadline. Applicants and prospective students are invited to attend one of our upcoming web conference application information sessions (please contact us for upcoming dates) or to meet the Acting Director, Dan Ocone, during weekly office hours at the New Brunswick campus.

News & Announcements

The MSMF Program is now Accepting Applications for the Fall 2017 Semester

Due to overwhelming demand, we have extended our deadline for International Applicants to April 15, 2017 and our deadline for US Applicants is April 30, 2017. Please see the Admissions tab for further details.

Introducing: MS in Mathematical Finance Merit Scholarships

Three scholarships will be awarded to Fall 2017 students who present outstanding mathematical talent as evidenced by coursework, exam scores & qualifying professional experience.

Scholarship recipients will be announced at the Fall 2017 Orientation.

Geometric Analysis Conference

The Geometric Analysis Conference will take place Thursday-Friday, November 16-17, 2017. Please visit the Conference Website for more information.

Upcoming Events

Tue Mar 28 @11:45AM - 12:45PM
Modeling wealth dynamics under central clearing
Tue Apr 04 @ 2:00PM - 04:00PM
Ernest and Young
Thu Apr 06 @ 3:15PM - 04:45PM
Tue Apr 11 @ 2:00AM - 04:00PM
JP Morgan
Tue Apr 18 @ 2:00PM - 04:00PM

Past Events

Tue Feb 07 @ 2:00PM - 04:00PM
Garrett Asset Management
Tue Feb 14 @ 2:00PM - 04:00PM
Career Advice Panel: AQR Capital Management & Cubist Systematic Strategies
Tue Feb 28 @11:45AM - 12:45PM
Hedging with Uncertainty-Averse Preferences
Tue Feb 28 @ 2:00PM - 04:00PM
Deutsche Bank
Tue Mar 21 @ 2:00PM - 04:00PM

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Contact Us


Mathematical Finance Master's Program

Department of Mathematics, Hill 348
Hill Center for Mathematical Sciences
Rutgers, The State University of New Jersey
110 Frelinghuysen Road
Piscataway, NJ 08854-8019

Email: finmath (at)
Phone: +1.848.445.3920
Fax: +1.732.445.5530