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Massachusetts Institute of Technology Master’s in Financial Mathematics

112 Master's Degrees Awarded

Financial Mathematics is a concentration offered under the applied mathematics major at Massachusetts Institute of Technology. We’ve pulled together some essential information you should know about the master’s degree program in financial math, including how many students graduate each year, the ethnic diversity of these students, whether or not the degree is offered online, and more.

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How Much Does a Master’s in Financial Math from MIT Cost?

$56,719 Average Tuition and Fees

MIT Graduate Tuition and Fees

In 2019-2020, the average part-time graduate tuition at MIT was $860 per credit hour for both in-state and out-of-state students. The average full-time tuition and fees for graduate students are shown in the table below.

In StateOut of State
Tuition$53,450$53,450
Fees$3,269$3,269

Does MIT Offer an Online Master’s in Financial Math?

Online degrees for the MIT financial math master’s degree program are not available at this time. To see if the school offers distance learning options in other areas, visit the MIT Online Learning page.

MIT Master’s Student Diversity for Financial Math

112 Master's Degrees Awarded
39.3% Women
8.0% Racial-Ethnic Minorities*
During the 2019-2020 academic year, there were 112 master’s degrees in financial math handed out to qualified students. The charts and tables below give more information about these students.

Male-to-Female Ratio

About 39.3% of the students who received their Master’s in financial math in 2019-2020 were women. This is in the same ballpark of the nationwide number of 40.8%.

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Racial-Ethnic Diversity

Racial-ethnic minority graduates* made up 8.0% of the financial math master’s degrees at MIT in 2019-2020. This is lower than the nationwide number of 10%.

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Race/EthnicityNumber of Students
Asian8
Black or African American0
Hispanic or Latino1
Native American or Alaska Native0
Native Hawaiian or Pacific Islander0
White5
International Students97
Other Races/Ethnicities1

References

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

More about our data sources and methodologies.

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