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MA/MS in Mathematical Finance (MMF)

MA/MS in Mathematical Finance (MMF)

Toronto, Ontario, Canada•QS 2027 #32

Official program page (opens in a new tab)

MA/MS in Mathematical Finance (MMF) is a master's degree in Finance, Banking & Insurance programme offered by University of Toronto in Toronto, Canada. The programme runs for 12 months.

At a glance

Degree: Master's Degree

Field: Finance, Banking & Insurance

Duration: 12 months

We have no tuition fees or an application deadline on record for this programme yet — see the official programme page. — it helps other students.

Last checked September 2026 · Source: sgs.utoronto.ca ·

Program details

Overview

The Master of Mathematical Finance (MMF) at the University of Toronto is a 12-month professional graduate program that applies advanced mathematics to problems in financial markets. Students spend an initial four-month period building the core tools of financial mathematics before completing an internship with an industry employer, then choose between two areas of emphasis: Sustainable Finance or Financial Technologies (FinTech). The program is run as a small, cohort-based degree, with an intake each fall, and is designed for students with strong quantitative backgrounds who want to move into quantitative roles in banking, asset management, and financial technology. The internship component gives students applied, industry-based experience that complements the classroom-based mathematical finance curriculum. Applications for a given fall intake open around a year in advance, with a mid-December deadline for that following fall's cohort.

Requirements

Admission Requirements: Applicants need a minimum mid-B average in their prior academic record. Domestic applicants are not required to submit an English-language test score. International applicants must submit a TOEFL score as part of their application.

Application Details

Start Date: Fall

About University of Toronto

“Velut arbor ævo”

Type: University

Control: Public

Campus setting: Urban

Founded: 1827

Students: 103,140

QS rank: #32

Programs: 507

Location: Toronto, Ontario, Canada

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Frequently asked questions

What degree does MA/MS in Mathematical Finance (MMF) award?

University of Toronto awards a Master's Degree in the field of Finance, Banking & Insurance on completion of this programme.

How long does MA/MS in Mathematical Finance (MMF) take?

The programme runs for 12 months.

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MA/MS in Mathematical Finance (MMF)

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