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BS/MSMF Program (5-year)

University of Miami
Florida , United States
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Program Details
Degree
Masters
Major
Actuarial Science | Mathematics | Statistics
Area of study
Mathematics and Statistics
Course Language
English
About Program

Program Overview

Introduction to the BS/MSMF Program

The Department of Mathematics at the University of Miami offers a five-year Bachelor of Science in Mathematics / Master of Science in Mathematical Finance (BS/MS) degree program. This program is designed for currently enrolled math majors to acquire a BS/MS degree in five years, rather than the standard 4 plus 1.5 years it normally requires.


Purpose of the Program

The purpose of the BS/MSMF program is to provide students with a comprehensive education in mathematics and mathematical finance, preparing them for careers in quantitative finance. The MS degree is considered the first professional degree for practitioners of quantitative finance ("quants").


Requirements for Admission

To be eligible for the program, students must:


  • Be an undergraduate student in the College of Arts and Sciences majoring in Mathematics (Probability and Statistics Track)
  • Have a cumulative GPA of at least 3.0 at the time of application
  • Discuss the program and the possibility of entering with their assigned academic advisor
  • Submit applications during their junior year
  • Be admitted to the program prior to academic advising for their senior year

Application Process

The application process requires:


  • Providing all required documentation outlined on the online application
  • Submitting 2 recommenders
  • Sending a UM transcript directly from the UM Office of the Registrar
  • Sending official GRE test scores directly from ETS, the testing agency
  • An admission decision will not be made until all required application materials have been received and processed for review by the Admission Committee

Financial Implications

Many financial aid programs, including those offered by the University, federal and state governments, are restricted to the coursework required to complete an undergraduate degree. However, the college awards a limited number of competitive MS scholarships worth up to 30% of tuition costs that can be applied toward the 5th year once students are full-time graduate students.


Plan of Study

Students considering applying to the BS/MSMF program should consult the Plan of Study page for more information.


Program Curriculum

The program curriculum includes:


  • Background
  • Core Courses
  • Electives
  • Program Curriculum (MSMF)
  • BS/MSMF Program (5-year)
  • Plan of Study (BS/MSMF)
  • Program Policies

Program Details

The BS/MSMF program is a five-year program that allows students to earn both a Bachelor of Science in Mathematics and a Master of Science in Mathematical Finance. The program is designed to provide students with a comprehensive education in mathematics and mathematical finance, preparing them for careers in quantitative finance. The program includes a combination of coursework and research, and students are expected to complete a thesis or final project as part of their degree requirements.


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