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Master of Science - Applied Mathematics - Mathematical Finance

Chicago campus — Chicago, Illinois, United States

Study Level: Postgraduate · Master's Degree
Duration: To be confirmed
Study Mode: To be confirmed
Next Intake: January 2027
Tuition Fee: USD 25,952
Application Fee: USD 75
Scholarships Available: None listed
Post-Study Work Information: Optional Practical Training (OPT): Verify before applying
Application Status: Open — confirm with Eagle Link (Not confirmed)

Program information is subject to institution confirmation. Fees, deadlines, intakes and entry requirements may change.

Overview

Program Description The tools and methods of Applied Mathematics are in demand wherever quantitative analysis is used for strategic decision-making. The MS in Applied Mathematics gives students the expertise they need to use those tools and methods in business, industry or government. It also provides a solid foundation for those interested in pursuing a PhD. For international students: this is a STEM-designated program, which can qualify them to extend their post-graduation stay in the United States. The Mathematical Finance concentration is a track for mathematically-inclined students who would like to pursue a quantitative career in Finance. The coursework focuses on the theoretical foundations of Finance as well as the concrete application of financial modeling, using sophisticated tools and techniques such as stochastic differential equations, copulas and extreme value theory. Students completing this concentration will be well-equipped to work as quantitative analysts. Students will be able to: Demonstrate knowledge of the mathematical basis and foundations of probability and statistics necessary to develop and implement appropriate mathematical models. Solve a computational problem by using appropriate numerical and statistical procedures with a focus on accuracy, error control, and efficiency. Implement a variety of mathematical and statistical structures to model and analyze complex problems. Identify, formulate, abstract, and solve mathematical problems using tools from a variety of mathematical areas including calculus, linear algebra, algebra, analysis, probability, and statistics. Use computational and statistical software platforms to develop and execute various mathematical procedures and numerical algorithms. Communicate mathematical ideas professionally, in verbal and visual form, by using appropriate terminology and notation.

Faculty / school: —
Field of study: —
Credential: Master's Degree
Relationship: Available Through Eagle Link

Entry Requirements

Entry requirements will be confirmed by the institution or authorized partner before application.

English-language requirements

English-language requirements will be confirmed by the institution or authorized partner before application.

Fees & Costs

Tuition fee: USD 25,952
Application fee: USD 75
Deposit required: Not listed
Estimated other compulsory fees: Not listed — confirm with Eagle Link.

Institution fees are paid according to the institution's instructions. Any Eagle Link service fee is shown on an Eagle Link invoice before payment. See our Payments Policy.

Scholarships

No scholarship is currently listed for this program. Explore scholarships and funding.

Scholarships are competitive and may change, close or be withdrawn. Eagle Link does not guarantee that any student will receive a scholarship.

Intakes & Deadlines

Upcoming intakes: January 2027, January 2028, January 2029
Application deadline: 14 October 2026
Application status: Confirm with Eagle Link
Intake availability: Not confirmed

Campus & Location

Chicago campus

Chicago, Illinois, United States

1 E. Jackson Boulevard

Post-Study Work / Immigration Information

Please confirm current eligibility with Eagle Link before applying.

Optional Practical Training (OPT): Verify before applying

OPT and STEM OPT eligibility depend on maintaining F-1 status and on the program. A program counts as STEM only when its CIP code is on the official STEM list — not because its name sounds technical.

Official source

Eagle Link does not guarantee visa approval and does not make immigration decisions.

About the Institution

DePaul University is the nation's largest Catholic university, with about 23,000 students and about 300 degree programs. Its partnerships throughout Chicago enable DePaul to provide an exceptional educational experience that is vibrant, pragmatic and socially engaged. Classes are small and taught by knowledgeable and experienced faculty members who take full advantage of Chicago’s corporate, cultural and community resources. DePaul is nationally recognized for incorporating service learning throughout its curriculum and for the academic rigor and prominence of its programs. Founded in 1898 by...

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Program information last verified 8 October 2026.

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