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    University of Toronto

    Mathematical Finance

    Last verified against the official program page on .

    Toronto, CAMMFIn-person1 year
    CA$60,288.00
    Tuition
    over 12mo
    36
    Cohort
    students
    70
    Credits
    CA$240.00
    App fee

    Mathematical Finance at University of Toronto is a 70-credit, 1-year, in-person MMF program based in Toronto, CA. Tuition is CA$60,288.

    About the program

    The program provides training in quantitative finance through integrated coursework in mathematics, statistics, computer science, and engineering applied to financial contexts such as risk management, portfolio analysis, and derivatives pricing. It includes a four-month internship or campus project where students apply knowledge to real financial projects.

    Focus: coursework
    Risk.net top 25 Quant Finance Master's (19th in North America)

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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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    Deadlines

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    Exact application deadlines for each term (Fall, Spring, Summer, Rolling), with priority and final dates where the program distinguishes them.

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    Standardized tests

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    Which tests are required, optional, or waived (GRE, GMAT, TOEFL, IELTS, Duolingo), minimum scores including separate verbal / quant sections, and program codes for score reporting.

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    After the program

    Post-study work rights

    3 years PGWP (Canada)

    $18,000.00
    Annual living cost

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    Self-reported profiles of past applicants to this program.

    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 Mathematical Finance at University of Toronto cost?
    The total estimated tuition for Mathematical Finance at University of Toronto is CA$60,288 across 70 required credits.
    Is Mathematical Finance at University of Toronto online or in-person?
    Mathematical Finance at University of Toronto is offered in-person.
    How long does Mathematical Finance at University of Toronto take to complete?
    Mathematical Finance at University of Toronto is structured around 1 year and 70 credits.
    What GPA is required for Mathematical Finance at University of Toronto?
    Per the program's published guidance: mid-B (75%)
    How large is the Mathematical Finance at University of Toronto cohort?
    Mathematical Finance at University of Toronto typically enrolls around 36 students per cohort.