Friday, March 19, 2021

Apply to the Master of Financial Mathematics grad program by May 1; fellowship applications due by May 31

If you have not yet decided on your plans for fall 2021, consider applying for the Master of Financial Mathematics (MFM). The MFM degree prepares you to enter the field of quantitative finance and related domains that combine mathematics, statistics, engineering, computer, and data science skills within the applied context of finance. The application deadline is Saturday, May 1. The MFM program also offers two, full fellowships for eligible students who apply and enter the MFM program in fall 2021.
Consider a master's in math!

If you have not yet decided on your plans for Fall 2021, consider applying for the Master of Financial Mathematics (MFM). The MFM degree prepares you to enter the field of quantitative finance and related domains that combine mathematics, statistics, engineering, computer, and data science skills within the applied context of finance.

In addition, the MFM program will offer two, full fellowships for eligible students who apply and enter the MFM program in fall 2021. Valued at approximately $94,000, the fellowships are provided by employer donor sponsors and cover full tuition (at resident rates), $50,000 in living stipends over two consecutive years of the program, and health care coverage while in the program. Students will have opportunities to job-shadow in the donor companies, apply for internships, and interact with employees in their firms and others.

Fellowship eligibility requirements

Fellowship applicants must be:
  • U.S. citizens, U.S. permanent residents, and those legally in the United States on a non-temporary basis (refugees and asylees) 
  • Students who can demonstrate financial need through a FAFSA application
  • Students admitted to the MFM program 
  • Students who will help the MFM program increase diversity—examples include: 
    • First generation in the family to attend college 
    • Evidence of having overcome social, economic, or physical barriers to educational achievement 
    • Strong commitment to community service and leadership
    • Other personal or extenuating circumstances  
The graduate program application deadline is Saturday, May 1. The deadline to apply for the fellowships is Monday, May 31.

For more information about the program and fellowships, how to apply for both, and to sign up for virtual information sessions, visit the Master of Financial Mathematics program web page.

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Minnesota Center for Financial and Actuarial Mathematics (MCFAM)
mcfam@umn.edu