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    University of Minnesota-Twin Cities

    Financial Mathematics M.F.M

    Last verified against the official program page on .

    Minneapolis, USMFMIn-person2 years
    STEM-OPT
    $52,675.00
    Tuition
    over 24mo
    16
    Cohort
    students
    32
    Credits
    $95.00
    App fee

    Financial Mathematics M.F.M at University of Minnesota-Twin Cities is a 32-credit, 2-year, in-person MFM program based in Minneapolis, US. Tuition is $52,675 and the program is STEM-OPT eligible for international students.

    About the program

    Professional master's program covering mathematics, statistics, machine learning, and coding applied to quantitative finance. Includes courses on stochastic processes, financial software tools, Python, and C#.

    Focus: coursework
    11 (US News - Applied Mathematics)
    Part-time option

    Your fit

    Match

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    Admissions

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    GPA thresholds, GRE/TOEFL/IELTS minimums, essay counts, recommendation letters, prerequisites, admissions contacts, and country-specific requirements like APS certification, portfolio submissions, or GATE scores.

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    Standardized tests

    GRE
    optional
    Min We do not set a minimal score for the GRE test
    TOEFL
    required
    Min We follow the Graduate School's requirements for English language proficiency standards for international students. See the Graduate School's TOEFL page for exact details and latest updates. (Graduate School: For exams taken before January 21, 2026: Total Score: 79; Writing Subscore: 21; Reading Subscore: 19)
    IELTS
    required
    Min We follow the Graduate School's requirements for English language proficiency standards for international students. (Graduate School minimum: Total Score: 6.5; Writing Subscore: 6.5; Reading Subscore: 6.5)

    After the program

    Post-study work rights

    12 months OPT (US), 24 months STEM OPT (US)

    $76,480.00
    Avg starting salary
    $19,600.00
    Annual living cost

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    Prerequisites

    Specific coursework this program expects you to have completed: calculus, linear algebra, programming, statistics, and subject-specific prerequisites where applicable.

    Recommendations

    Exact count of letters required, whether academic vs professional references are preferred, and any program-specific guidance on who to ask.

    Essays

    Number of essays required (statement of purpose, personal statement, diversity statement), prompts where the program publishes them, and whether supplemental essays are optional or mandatory.

    Contact

    Direct email and phone for the admissions office handling this program, plus a link to the program-specific inquiry page where available.

    Frequently asked questions

    How much does Financial Mathematics M.F.M at University of Minnesota-Twin Cities cost?
    The total estimated tuition for Financial Mathematics M.F.M at University of Minnesota-Twin Cities is $52,675 across 32 required credits.
    Is Financial Mathematics M.F.M at University of Minnesota-Twin Cities online or in-person?
    Financial Mathematics M.F.M at University of Minnesota-Twin Cities is offered in-person.
    How long does Financial Mathematics M.F.M at University of Minnesota-Twin Cities take to complete?
    Financial Mathematics M.F.M at University of Minnesota-Twin Cities is structured around 2 years and 32 credits.
    Is Financial Mathematics M.F.M at University of Minnesota-Twin Cities STEM-OPT eligible?
    Yes - Financial Mathematics M.F.M at University of Minnesota-Twin Cities is STEM-OPT designated, allowing international graduates to extend their post-completion OPT for up to 36 months total.
    How large is the Financial Mathematics M.F.M at University of Minnesota-Twin Cities cohort?
    Financial Mathematics M.F.M at University of Minnesota-Twin Cities typically enrolls around 16 students per cohort.