Resume/CV: Complete work history with dates, locations, and full-time/part-time status.
Transcripts: Official academic records from all colleges/universities attended.
Three Candidate Statements (?250 words each): Short responses on your preparation gap, program fit, and any extra relevant information.
Two Video Statements: Short recorded responses as instructed.
Three Letters of Recommendation: At least one professional reference required.
English Proficiency Proof: Submit TOEFL/IELTS or other accepted test scores.
Standardized Test Scores: Provide required GRE/GMAT scores (if applicable).
Master of Science [MS] (Financial Mathematics)
STEM Course
15 months
Full Time
On Campus
Field of Study:
Ranked #13 out of 1502 by THE Global Ranking 2023
$78,620 /Yr
8 Students Applied
3 Students Admitted
UChicago MS Financial Mathematics is a 15 months Full Time Master program. This program is offered On Campus, requiring a successful completion of 1250 credits. The first year fees for MS Financial Mathematics at UChicago is ₹ 69.78 Lakhs (USD 78620). Earlier in 2024, the MS Financial Mathematics Fee was ₹ 67.1 Lakhs (USD 75600). This shows that the academic fees has increased by ₹ 268055 (USD 3020).
For admission to MS Financial Mathematics at UChicago, international students need IELTS- 7, TOEFL- 90. The Round 2 Application Deadline For 2026 Intake is 26 March 2026. For more details, check UChicago Admissions 2025
According to Times Higher Education, UChicago ranked 13 out of 1502 in Global Ranking.
UChicago MS Financial Mathematics Total Fees 2025
The tuition fee for MS Financial Mathematics at UChicago is USD 78620 per year (₹ 69.78 Lakhs). Meanwhile, the total cost is USD 126557/Year (₹ 1.12 Crore). This includes the tuition fee and other expenses such as Living Cost, Books & Supplies, Health Insurance, etc.
The tuition fee for MS Financial Mathematics at University of Chicago is as follows:
| Expense Type | Average Cost (INR) | Equivalent (USD) |
|---|---|---|
| Tuition Fee | ₹ 69.78 Lakhs | USD 78620 |
| Application Fee | ₹ 7,988 | USD 90 |
The other expenses for MS Financial Mathematics at University of Chicago is as follows:
| Expense Type | Average Cost (INR) | Equivalent (USD) |
|---|---|---|
| Housing and food | ₹ 25.74 Lakhs | USD 29000 |
| Transportation | ₹ 3.55 Lakhs | USD 4000 |
| Misc. Personal Expenses | ₹ 4.44 Lakhs | USD 5000 |
| Health Insurance | ₹ 2.47 Lakhs | USD 2780 |
| Books and supply | ₹ 4.57 Lakhs | USD 5145 |
| Compulsory Fees | ₹ 1.79 Lakhs | USD 2012 |
| Total Cost | ₹ 42.55 Lakhs | USD 47937 |
MS Financial Mathematics Tuition Fee Trends at UChicago
UChicago MS Financial Mathematics Fees for Indian students is ₹ 69.78 Lakhs (USD 78620). This academic fee has increased by ₹ 268055 (USD 3020) from 2024. Candidates can check the year on year trends in UChicago Fees in the table below.
| Academic Year | Tuition Fees (INR) | Tuition Fees (USD) |
|---|---|---|
| 2025 | ₹ 69.78 Lakhs | USD 78620 |
| 2024 | ₹ 67.1 Lakhs | USD 75600 |
| 2023 | ₹ 50.69 Lakhs | USD 57105 |
| 2021 | ₹ 51.16 Lakhs | USD 57642 |
UChicago MS Financial Mathematics Application Deadlines & Important Dates
The key dates for the application process for MS Financial Mathematics at UChicago include:
- Round 1 Application Deadline For 2026 Intake is 08 January 2026
- Round 2 Application Deadline For 2026 Intake is 26 March 2026
MS Financial Mathematics at UChicago Admission 2025
To be eligible for admission to MS Financial Mathematics at UChicago, applicants must meet specific academic and language requirements.
| Category | Details |
|---|---|
| Department | Department of Mathematics |
| Duration | 15 Months |
| Total Credit Points | 1250 |
| Academic Requirement | Strong mathematical background (multivariable calculus, linear algebra, probability required), basic programming skills (preferably C++ or Python), and demonstrated academic excellence and leadership |
| English Language Requirements | TOEFL iBT- 90 | IELTS- 7 |
| Work Experience | Work experience is strongly preferred but not mandatory |
| Application Fee | $90 |
| Application Link | Apply Now |
| Documents Required |
UChicago MS Financial Mathematics Application Link
UChicago MS Financial Mathematics Application Link; Apply Here
MS Financial Mathematics at UChicago Admission Requirements
For admission to MS Financial Mathematics, UChicago accepts TOEFL, IELTS exam. The average scores among admitted students are typically around: 90 in TOEFL, 7 in IELTS.
MS in Financial Mathematics Fee Comparison
The fee comparison for similar programs like UChicago MS Financial Mathematics are:
| University | Program | First Year Fees in USD | First Year Fees in INR |
|---|---|---|---|
| University of Chicago | M.B.A Econometrics and Statistics | USD 84,198 /Yr | INR 74.7 L/Yr |
| University of Pennsylvania | M.A Mathematics | USD 32,796 /Yr | INR 29.1 L/Yr |
| Yale University | M.S Applied Mathematics | USD 69,900 /Yr | INR 62 L/Yr |
Read More
Important Alert
- Round 1 Application Deadline For 2026 Intake - Jan 8, 2026
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $78620 |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing and food | $29000 |
| Transportation | $4000 |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2024 | $75600 |
| 2023 | $57105 |
| 2021 | $57642 |
Important Dates
| Event | Application Date |
|---|---|
| Round 1 Application Deadline For 2026 Intake | Jan 8, 2026 |
| Round 2 Application Deadline For 2026 Intake | Mar 26, 2026 |
Scores Required
Mathematics 22 out of 600 in Global Ranking
( #11 out of 89 in USA 2025)
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TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| University Scholarship | Partial Tuition | Depends on Merit. |
| First Phoenix Scholarship | $20,000 | First-generation college students |
Key Resources for Your Study Abroad Journey
Course Guides
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Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Bharat Petroleum Scholarship | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
| Comindware Scholarship | Scholarship per student$ 4,000/Yr$4,000 | Level Of StudyApprenticeship | TypeMerit-Based | |
| Forktip Women’s- Innovation Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| FINCAD Women in Finance Scholarship | Scholarship per student$ 20,000/Yr$20,000 | Level Of StudyMaster | TypeMerit-Based | |
| Ritchie-Jennings Memorial Scholarship Program | Scholarship per student$ 10,000/Yr$10,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Axol Science Scholarship | Scholarship per student$ 2,000/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored |
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
Round 1 Decision Date For 2026 Intake (4th Dec 2025) Round 2 Application Deadline For 2026 Intake (6th Jan 2026) Round 2 Decision Date For 2026 Intake (26th Mar 2026) Round 3 Application Deadline For 2026 Intake (2nd Apr 2026) Round 3 Decision Date For 2026 Intake (21st May 2026) | USD 84,198 /Yr |
| ||
| USD 32,796 /Yr |
| |||
| USD 69,900 /Yr |
|
Do you think the Dates are wrong ? Report Here
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Important Dates
| Program | Important Dates |
|---|---|
| MS Financial Mathematics | Round 1 Application Deadline For 2026 Intake (8th Jan 2026) Round 2 Application Deadline For 2026 Intake (26th Mar 2026) |
| MBA | Round 1 Application Deadline For 2026 Intake (16th Sep 2025) Round 1 Decision Date For 2026 Intake (4th Dec 2025) Round 2 Application Deadline For 2026 Intake (6th Jan 2026) Round 2 Decision Date For 2026 Intake (26th Mar 2026) Round 3 Decision Date For 2026 Intake (2nd Apr 2026) Round 3 Application Deadline For 2026 Intake (2nd Apr 2026) |
| MS Computer Science | Round 2 Application Deadline For 2026 Intake (4th Feb 2026) Round 3 Application Deadline For 2026 Intake (1st Jul 2026) Round 1 Application Deadline For 2026 Intake (3rd Dec 2026) |
| M.B.A Finance | Round 1 Application Deadline For 2026 Intake (16th Sep 2025) Round 1 Decision Date For 2026 Intake (4th Dec 2025) Round 2 Application Deadline For 2026 Intake (6th Jan 2026) Round 2 Decision Date For 2026 Intake (26th Mar 2026) Round 3 Application Deadline For 2026 Intake (2nd Apr 2026) Round 3 Decision Date For 2026 Intake (21st May 2026) |
| B.S Computer Science | Students Reply Due Date of Early Action & Regular Decision for Fall 2025 Intake (1st May 2025) Early Action And Early Decision 1 Deadline For Fall 2026 Intake (1st Nov 2025) Early Decision 2 And Regular Decision Deadline For Fall 2026 Intake (6th Jan 2026) |
| M.B.A Marketing Management | Round 1 Application Deadline For 2026 Intake (16th Sep 2025) Round 2 Application Deadline For 2026 Intake (6th Jan 2026) Round 3 Application Deadline For 2026 Intake (2nd Apr 2026) |
| M.B.A International Business | Round 1 Application Deadline For 2026 Intake (16th Sep 2025) Round 2 Application Deadline For 2026 Intake (6th Jan 2026) Round 3 Application Deadline For 2026 Intake (2nd Apr 2026) |
| L.L.M | Application Deadline For 2025 Intake (1st Feb 2025) |
| B.A Economics | Students Reply Due Date of Early Action & Regular Decision for Fall 2025 Intake (1st May 2025) Early Action And Early Decision 1 Deadline For Fall 2026 Intake (1st Nov 2025) Early Decision 2 And Regular Decision Deadline For Fall 2026 Intake (6th Jan 2026) |
| M.B.A Econometrics and Statistics | Round 1 Application Deadline For 2026 Intake (16th Sep 2025) Round 1 Decision Date For 2026 Intake (4th Dec 2025) Round 2 Application Deadline For 2026 Intake (6th Jan 2026) Round 2 Decision Date For 2026 Intake (26th Mar 2026) Round 3 Application Deadline For 2026 Intake (2nd Apr 2026) Round 3 Decision Date For 2026 Intake (21st May 2026) |
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