QS Rank:

401

University of Dayton

Ohio
,United States

Program Name
MFM in Financial Mathematics
Overview

The Master of Financial Mathematics (MFM) program at the University of Dayton is meticulously designed to equip students with comprehensive knowledge and skills in financial mathematics, which is integral in today’s complex financial landscape. This program delves deep into the quantitative methods and analytical techniques associated with financial analysis, risk management, and investment strategies, preparing graduates to tackle real-world financial challenges. The curriculum is tailored to cover essential topics such as stochastic processes, financial modeling, derivatives pricing, and risk analysis. By engaging with these concepts, students will learn to construct financial models that can predict market trends and improve decision-making processes.
A distinctive feature of the MFM program at the University of Dayton is its blend of theoretical knowledge and practical application. Courses are designed not only to impart foundational knowledge but also to foster critical thinking and problem-solving abilities. Core courses include Advanced Financial Mathematics, Quantitative Finance, and Financial Risk Management, each focusing on equipping students to analyze and interpret financial data effectively. The program also integrates modern computational tools and software that enhance learning and prepare students for today’s technology-driven financial professions.
The faculty at the University of Dayton comprises experts in financial mathematics and related fields, bringing years of academic and industry experience to the classroom. These professors are dedicated to providing a rigorous academic experience while fostering an interactive learning environment. They employ diverse teaching methodologies, including project-based learning, case studies, and hands-on workshops, to ensure that students are engaged and equipped with practical skills. Faculty members also serve as mentors, guiding students through research opportunities and collaborative projects that can enhance their academic profile and professional network.
Research is a cornerstone of the MFM program, providing students with unique opportunities to engage in groundbreaking studies that contribute to the field of finance. The University of Dayton encourages students to participate in research initiatives alongside faculty, allowing them to explore various areas of financial mathematics in depth. This hands-on experience is invaluable as it not only enhances learning but also builds a strong foundation for students interested in pursuing doctoral studies or careers in academia. The university also provides access to state-of-the-art laboratories and resources that facilitate advanced research endeavors.
As part of the program, students benefit from the University of Dayton's strong industry connections and internship opportunities. The university’s close ties with financial institutions and organizations in Ohio and beyond give students access to internships that provide real-world experience and enhance their employability. This practical exposure is complemented by a robust career services department that assists students in job placement and networking. Graduates can expect to find career opportunities in various sectors, including investment banking, risk management, quantitative analysis, and financial consulting.
The anticipated career outcomes for MFM graduates are impressive, reflecting the program's commitment to preparing students for successful careers in finance. Alumni of the program have gone on to work as Portfolio Managers, Financial Analysts, Investment Bankers, and Quantitative Analysts. Many have secured positions at prestigious firms and organizations, underscoring the program’s effectiveness in equipping students with skills that are in high demand within the financial industry. Success stories from alumni illustrate the program's impact, with graduates frequently praising the comprehensive education and networking opportunities provided.
Overall, the Master of Financial Mathematics program at the University of Dayton stands out for its rigorous curriculum, expert faculty, research opportunities, and strong industry connections. It is an ideal choice for students seeking an in-depth understanding of financial mathematics and who aspire to make significant contributions to the financial sector.
Why Study Financial Mathematics at the University of Dayton
- A popular choice for international students with a diverse community, fostering a rich cultural exchange.
- Learn from award-winning faculty members who are accessible and committed to student success, providing opportunities to engage as research assistants.
- Access to high-end labs and advanced software tools to facilitate innovative research and practical learning experiences.
- Excellent placement programs after course completion, with strong ties to industry leading to high employment rates and salary potential.
- A curriculum that is continuously updated to reflect the latest industry trends and technological advancements in financial mathematics.
- Opportunities for interdisciplinary collaboration and exposure to a broad spectrum of financial disciplines, enhancing professional versatility.
The MFM program at the University of Dayton requires candidates to have a bachelor's degree in mathematics, finance, economics, or a related field. Prospective students should also submit a transcript, academic letters of recommendation, and a resume as part of their application. Furthermore, non-native English speakers must provide proof of English proficiency through standardized tests such as TOEFL, IELTS, or PTE.
In summary, the Master of Financial Mathematics at the University of Dayton is an unparalleled opportunity for those eager to excel in the finance industry. With a strong curriculum, dedicated faculty, and a wealth of resources, this program is on the forefront of preparing the next generation of finance leaders.

Duration
24 Months

Median Salary
$55,000
Ranking
#127
US World and News Report
#801
The World University Rankings
#401
QS World University Rankings
Class Profile

Class Size
25

Average Age
22

Average Work Experience
1 Years
Diversity
Black or African American:
12%Two or more races:
4%Hispanic or Latino:
10%Asian:
4%White:
69%Career Outcomes

Median Earnings After Graduation
$55,000 / year
Prospective Job Roles
Portfolio Manager
Financial Analyst
Auditor
Investment Banker
Quantitative Analyst
Risk Analyst
Data Scientist
Financial Planner
Controller
Actuary
Top recruiters










Eligibility Criteria
English Proficiency Tests
TOEFL
80
IELTS
6.5
PTE
60
Application Requirements
Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.
Transcript
Academic LOR
Resume
Application Deadlines
Fees and Funding

Tuition Fees
$18,068 / year
Funding Options
External Sources - Scholarships
Department Funding
Scholarships
University of Dayton Presidential Scholarship
University of Dayton Trustee Scholarship
University of Dayton Alumni Scholarship
FAQs
- A student can complete Financial Mathematics at University of Dayton with in 24.
- The annual tuition fee to pursue Financial Mathematics at University of Dayton is USD 18068.
- The submission of these scores mainly depends on the type of degree/ course selected at the University of Dayton. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check University of Dayton requirements before submitting a score.
- Financial Mathematics can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more
- If a student fulfils all the eligibility criteria and admission requirements of University of Dayton, they can easily pursue Financial Mathematics. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.
- An MS degree at University of Dayton can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official University of Dayton website to check the course/ degree duration.
- One can apply for scholarships to pursue their international education at University of Dayton by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.
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