Master of Science [M.S] (Mathematical Finance and Financial Technology)
Field of Study:
$69,870 /Yr
Important Alert
- Application Deadline For Fall 2026 Intake Round 1 - Dec 20, 2025
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $69870 |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing | $15450 |
| Personal Expenses | $3292 |
Tuition fee per credit: $1791
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2023 | $63798 |
| 2022 | $58560 |
| 2021 | $58560 |
Important Dates
These dates are based on previous year intake, dates for upcoming intake are currently not available.
| Event | Application Date |
|---|---|
| Application Deadline For Fall 2026 Intake Round 1 | Dec 20, 2025 |
| Application Deadline For Fall 2026 Intake Round 2 | Feb 28, 2026 |
| Application Deadline For Fall 2026 Intake Round 3 | Apr 4, 2026 |
M.S Mathematical Finance and Financial Technology from Boston University Overview
The Master of Science in Mathematical Finance & Financial Technology (MSMF) at Boston University's Questrom School of Business is a rigorous, full-time, three-semester program designed to equip students with advanced quantitative and computational skills for the modern financial landscape. The 39-credit curriculum begins with a common core in the first semester and covers key areas such as algorithmic trading, deep learning, risk management, derivatives valuation, and blockchain technology, with a strong emphasis on programming in R and Python. While concentrations are available, they are not mandatory for graduation. Applicants must hold a bachelor’s degree with a minimum GPA of 3.0, and international students must meet English language proficiency requirements. The program does not have a minimum GMAT requirement, though average scores range between 640 and 740. The application includes transcripts, a résumé or CV, one letter of recommendation, three video essays or one written essay, and a $125 fee. University accepts almost all English proficiency exams, such as IELTS,TOEFL and PTE for international students admission. Indian students with excellent scores are eligible for the Merit-Based Scholarships and Dean’s Scholarship offers upto 50% of tuition and $10,000/year. After completing the MSMF program, students are well-prepared for roles such as Risk Manager, Financial Engineer, Derivatives Trader, Asset Manager, Fund Manager, and Consultant in the finance and fintech industries.
M.S Mathematical Finance and Financial Technology from Boston University Fees
The Annual Cost of pursuing an M.S Mathematical Finance and Financial Technology from Boston University is $98,179, which includes a $69,870 tuition fee. Monthly living costs range from $28,309, which includes house, transportation, food, and book expenses.
M.S Mathematical Finance and Financial Technology from Boston University Dates
Boston University accepts Applications for Fall Intake. The upcoming application deadline for Round 1 2026 Intake is 20th December 2025.
M.S Mathematical Finance and Financial Technology from Boston University Module
The M.S Mathematical Finance and Financial Technology from Boston University includes the following modules:
| Course Category | Course Title | Credits |
|---|---|---|
| Core Courses (First Semester) | Stochastic Mathematics | 3 |
| Derivatives Valuation | 3 | |
| Risk Management | 3 | |
| Statistical, Econometric & ML Techniques | 3 | |
| Advanced Courses & Electives | Algorithmic Trading & High-Frequency Data | 3 |
| Big Data Analysis & Cloud Computing | 3 | |
| Blockchain & Cryptocurrencies | 3 | |
| Credit Risk Modeling | 3 | |
| Deep Learning & Financial Applications | 3 | |
| Portfolio Theory & Asset Management | 3 | |
| Computational Expertise in R & Python | 3 | |
| Capstone / Project | Capstone Project or Applied Financial Technology Project | 3 |
| Elective / Special Topics (Optional) | FinTech, Asset Management, Quant Analytics, etc. | 3–6 |
| Internship / Industry Project (if applicable) | 0–3 | |
| Independent Study / Research | 0–3 |
Scores Required
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TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| Merit-Based Scholarships | upto 50% of tuition | All admitted students are considered based on their financial need |
| Dean’s Scholarship | $10,000/year | Candidates with outstanding professional, academic, and personal qualities. |
Key Resources for Your Study Abroad Journey
Course Guides
Best MS Courses in USA for International Students in 2025
Masters (MS) in USA: Colleges, Courses, Deadlines, Eligibility & Fees
MBA in Finance in the USA: Top Colleges, Cost, Admission Requirements, Scholarships, Scope
MS in Finance in USA: Fees 2024, Top Colleges, Placements & Salaries
Career and Placement after Course
College Student Profiles
Options Available
| Program | Delivery Type | Duration | Program Type | Tuition Fees |
| MS Mathematical Finance & Financial Technology | full time | 18 months | on-campus | $81609 |
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Go Clean Scholarship | Scholarship per student$ 3,500/Yr$3,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Business Administration Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| Novus Biological Scholarship Program | Scholarship per student$ 1,500/Yr$1,500 | Level Of StudyAssociate | TypeMerit-Based | |
| Washington DC Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| TEC Scholarship | Scholarship per student$ 1,000/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| BeArt Presets-Academic Scholarship | Scholarship per student$ 2,500/Yr$2,500 | Level Of StudyBachelor | TypeMerit-Based |
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
| USD 53,920 /Yr |
| |||
Final Application Deadline For Spring 2026 Intake (1st Dec 2025) | USD 35,693 /Yr |
| ||
Application Deadline For Fall 2026 Intake (15th Dec 2025) | USD 68,380 /Yr |
| ||
Early Application Deadline for Fall 2026 Intake (19th Nov 2025) Final Application Deadline For Fall 2026 Intake (11th Dec 2025) | USD 52,530 /Yr |
| ||
-- | USD 63,798 /Yr |
|
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|---|---|
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