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The financial mathematics master’s program at Johns Hopkins is offered through the Department of Applied Mathematics and Statistics as a Master’s of Science in Engineering (MSE) degree. The program takes three semesters to complete, with students starting in the later summer and finishing in mid-December. Students with a strong quantitative undergraduate background are encouraged to apply for admission to the program.
The Master’s program in Financial Mathematics will provide a solid foundation in applied mathematics, providing the basis for an understanding and appreciation of existing models commonly used in financial applications and inferential and computational tools for developing their solution. The program will also furnish the appropriate insights in Finance where quantitative skills are most germane. The combination of these elements will create a springboard for addressing today’s quantitative challenges in finance as well as provide the preparation to meet the challenges of the future.
Academic qualification equivalents
Applicants must have a bachelor’s degree
English language requirements
| College Type | Private |
| Annual Endowment | 4.33 billion USD |
| Student Retention Rate | 72% |
| Work-study program | Yes |
| Mode of Program | Full time; Part-time; online |
| Campus Housing Capacity | 51% |
| Application Fee | 70 USD |
| Application Deadline | January 2 |
| Acceptance rate | 13% |
| English language proficiency score | TOEFL or equivalent |
| Financial Aid | Available as grants, awards, and scholarships |
An expected budget for overseas students wishing to study in the United States has been tabulated below for applicants looking to enrol at the university in the coming sessional year.
| Type of Fee | Amount (USD) |
|---|---|
| Tuition | UG - 54,160 PG - 57,010 (for most programs) MBA - 62,500 |
| Matriculation fee | 500 |
| Room and Board | 16,310 (On-Campus) 12,235 (Off-Campus) |
| Books and Supplies | 1,250 |
| Personal Expenses | 1,118 |
| Health insurance | 2,206 |
| Total | 72,659-76,734 |
| Tuition Fees in USA (1st Year Average) | BE/Btech: USD 28300 | MS: USD 22693 | BBA: USD 26616 | MBA: USD 29558 | BSc: USD 29418 | MA: USD 20452 | MIS: USD 22133 | MFin: USD 37683 | MEng: USD 29558 | MIM: USD 35301 | MEM: USD 23254 | MArch: USD 34741 | MFA: USD 28857 | BHM: USD 27176 |
| Average Accomodation & Food Costs in USA | USD 700 to 1000 Per Month |
| Entrance Exams in USA | TOEFL: 86 | IELTS: 6.5 | PTE: 60 | GRE: 309 | GMAT: 560 | SAT: 1177 |
| Work and Study in USA | Permitted for 20 hours/week with a valid study permit. Know More |
| Post Study Work Permit in USA | One to Two Years after graduation depending on the course. |
| Cost of Student Visa in USA | USD 160 |
| Student Visa in USA | F1 Visa for USA allows you study permit in USA in full time academic courses. Any accredited school, college, university, academic institute, seminary, or conservatory in USA must accept you beforehand to apply for F1 visa in USA. Know More |
| Intakes in USA | There are Three Intakes in USA: Fall (August-September), Spring (January) Know More |
| Top Job Sectors in USA | Health Care, Education, Construction, Hospitality & Tourism, Business Services, Finance. |
| Economy in USA | GDP Growth of 2.1% (Q4 2019), The Larges Economy of the World by Nominal |