Interested in our program?
- Apply online at this link
- Estimated Cost of Attending (tuition, fees)
- Scholarships and Financial Aid (Prospect's FAQ)
- Strong undergraduate mathematics background, including Calculus (NCSU MA 141/241/242), Differential Equations (MA 341 and 401), and Linear Algebra (MA 405). Stefanica's book, A Primer for the Mathematics of Financial Engineering (corresponding solutions manual), provides a good review of (nearly) all the academic subjects needed in your background.
- GPA of at least 3.0 (out of 4.0) in the sciences required; overall GPA of 3.5 or higher preferred.
- GRE General Test is required. GRE Math Subject Test scores are recommended**. Scores must be less than 5 years old. (GRE Codes; Institution 5496, Dept. 0703)
- TOEFL/IELT: The MFM program follows NCSU guidelines for the TOEFL and IELT. Internet based test standards are in the Graduate Handbook, and the paper and computer-based test standards are located here. (TOEFL Codes; School 5496, Dept. 72)
- Three recommendation letters must be part of a completed application.
- A Personal Statement can be used to explain your motivation, and to provide some guidance understanding your application materials. Visit the Prospect's Blog for more information.
- Your professional resume. Work experience is not required, but can be beneficial.
*Students that do not satisfy these requirements may be admitted contingent on completion of additional courses.
**GMAT scores cannot be substituted for the GRE.
Materials to Submit
- Transcripts of all schools attended.
- Three letters of recommendation.
- Personal statement.
- GRE (and TOEFL or IELTS for most foreign applicants).
- Online application (submit materials here)
Full Consideration Deadline is February 1st
- Applications received by Feb 1 are preferred, but applications are considered at any time. (The Graduate School Priority Deadline applies to students requiring a visa).
- Full unconditional admission is usually granted only for the Fall term.
- Spring admission could be used to complete courses you should have taken before starting the program.