learn about msmf

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 Director, Paul Feehan, during weekly office hours at the New Brunswick campus.

News & Announcements

Launching Three New Certificate Programs in Fall 2019

Graduate Certificate in Data Science (for MSMF and FSRM students) - Click for details.

Graduate Certificate in Financial Statistics and Risk Management (for MSMF and MSDS students) - Click for details

Graduate Certificate in Mathematical Finance (for all students except MS Statistics students) - Click for details

For more information, please contact Professor Paul Feehan, Director of the Mathematical Finance Master’s Degree Program feehan (at) math.rutgers.edu.

The MSMF Program is now Accepting Applications for the Fall 2019 Semester

The deadline for international applications is April 15, 2019 and domestic applications is May 15, 2019.   All applications are reviewed on a rolling basis beginning December 1, 2019.

Upcoming Events

Tue Mar 26 @11:50AM - 12:55PM
The Dyson Game
Mark Cerenzia - Princeton University
Fri Mar 29 @ 2:00PM - 03:30PM
Career Seminar: Amazon Web Services
Alvin Huang, Project Manager, Capital Markets; MSMF Alumni, Class of 2009
Tue Apr 02 @11:50AM - 12:55PM
Philip Ernst - Rice
Wed Apr 03 @11:50AM - 12:55PM
Philip Ernst - Rice
Thu Apr 04 @11:50AM - 12:55PM
Philip Ernst - Rice

Past Events

Tue Feb 19 @11:50AM - 12:55PM
Homogenization of a class of one-dimensional nonconvex viscous Hamilton-Jacobi equations with random potential
Atilla Yilmaz - Temple University
Fri Mar 01 @ 2:00PM - 03:30PM
Career Seminar: DetectiveAnalytics.com AI-Crime Solving
Dean Takacs, CEO & Founder
MSMF Alumni - Class of 2015
Fri Mar 08 @ 2:00PM - 03:30PM
CFA Society New York
Mario Carias, CFA, Managing Director
Tue Mar 12 @11:50AM - 12:55PM
Equilibrium Model of Limit Order Book and Optimal Execution Problem
Eunjung Noh
Fri Mar 15 @ 2:00PM - 03:30PM
Career Seminar: Atara Partners Capital
Rahul Sachdeo, Founding Partner