Master of Financial Mathematics (MFM)

What is the MFM?

The University of Minnesota’s MFM is a professional master’s program that prepares students for the well paid, interesting field of quantitative finance.  Students learn to apply mathematics, statistics, machine learning and scientific computing to finance, investments, and risk management.

Attend an MFM/FQF Info. Session

High Value Curriculum

Many of the courses are taught by top-notch practitioners with extensive industry experience. The curriculum covers theoretical and practical topics that prepare you for the field of quantitative finance. 
All MFM courses are held in the evenings. Learn more about our curriculum.

Tight-Knit Community

When you enter the program you will become part of a supportive, caring community of students, alumni, faculty and advisors. This community helps you thrive in the MFM and long after, over the lifetime of your career. Learn more about our supportive community.

Strong Career Support

Benefit from a career workshop and one-on-one advising with our career advisor. Gain insight and explore the right types of jobs to fit your own unique interests and profile within quantitative finance/related domains. Learn more about our career support.

NEW:  MFM Individual Courses and Course Sequences available starting in Fall 2022:   

Consider leveraging and learning new skills and get a taste of the MFM Program through selected courses or sequences from the MFM curriculum. Available courses include a modeling and programming sequence or one of several electives including the following:

  • FM 5151 - Financial Modeling I: Modeling with Python (Fall, 3 credits) 
  • FM 5252 - Financial Modeling II: Numerical Methods and Simulations (Spring, 3 credits) 
  • FM 5323 - Data Science and Machine Learning in Finance (Fall, 3 credits) 
  • FM 5462 - Market Microstructure (Spring, 2 credits)
  • FM 5422 - Quantitative Hedge Fund Strategies (Spring, 2 credits)

All courses are taught at night to facilitate people who work full time. Please visit the course description webpage.

Note that participation in any course must be approved to assure a good fit. Email: MCFAM@umn.edu for further information including registration process.

MFM by the numbers

  • Our program is ranked 17 out of 80 + graduate programs in North America.

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  • Our average placement rate over the past four years is 92%.

  • University of Minnesota’s School of Mathematics is Ranked 9th in the U.S. for Applied Mathematics.

 

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