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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.

The following books and articles provide further insight into the history and development of mathematical finance in academia and industry, as well as the developing role of graduate degrees in mathematical finance:

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

Geometric Analysis Conference

The Geometric Analysis Conference will take place Thursday-Friday, October 27-28, 2016.  Please visit the Conference Website for more information.

Student Orientation Program

The departmental orientation will begin with breakfast  In the Hill Center 7th Floor Lounge (Hill 703) and will be followed with events in Hill 124.  Lunch will be served In Hill 703 from 12:15-1:15 followed by student photos and then back to Hill 124 for remainder of events.  

The MSMF Program is now Accepting Applications for the Fall 2016 Semester

The Deadline for International Applicants is February 28, 2016; Deadline for US Applicants is March 31, 2016. Please see the Admissions tab for further details. 

Upcoming Events

Tue Oct 25 @11:45AM - 12:45PM
Persistence of Gaussian Stationary Processes
Wed Oct 26 @ 2:00PM - 04:00PM
Mass Mutual Financial Group
Thu Oct 27 @ 8:00AM - 05:00PM
Geometric Analysis Conference 2016
Wed Nov 02 @ 2:00PM - 04:00PM
Kemnay Advisory Services
Wed Nov 09 @ 2:00PM - 04:00PM
Deutsche Bank

Past Events

Wed Sep 28 @ 2:00PM - 04:00PM
RiXtrema Inc.
Wed Oct 05 @ 2:00PM - 04:00PM
Deloitte Financial Advisory Services LLP
Wed Oct 12 @ 2:00PM - 04:00PM
The Olympian Group of Investment Management Cos.
Tue Oct 18 @11:45AM - 12:45PM
Wed Oct 19 @ 2:00PM - 04:00PM
CIT Group Inc.

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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