Mathematics Of Finance And Risk Management in University of Michigan - Ann Arbor

  • Duration : 4 Years
  • Intake : february,october
  • Level : Undergraduate
  • Tuition & fees : $ 49,350 Per Year
  • IELTS : 6.5
  • TOEFL : 88
  • PTE : 0
  • University Course Details URL : Visit Website


About Mathematics Of Finance And Risk Management in University of Michigan - Ann Arbor

The program in Mathematics of Finance and Risk Management (or Mathematics of Finance for short) is designed to provide a broad education in the quantitative aspects of risk management and finance. Today's financial instruments require sophisticated mathematical techniques for their valuation. These techniques come from the fields of probability, statistics and differential equations.

Academic qualification equivalents

  • Applicants must have passed high school

English language requirements 

  • IELTS :6.5
  • TOEFL IBT: 88

University of Michigan Highlights

Type of University Public
Degree Courses Over 275
International Students Around 15%
No. of Campuses 3
English Language Proficiency Test MELAB/TOEFL/IELTS
Official Website www.umich.edu
Employment Rate Over 95%
Location Ann Arbor, Michigan, US
Average SAT range 1380-1540
The student to faculty ratio 15:1
Freshman retention rate 97%

University of Michigan Cost of Attendance

The budget table may be useful, but the actual cost is entirely dependent on your lifestyle and the path you choose.

Fall/Winter 

Requirements Undergraduate Students Graduate Students
Tuition and Fees 52,266 USD 49,548 USD
Housing and Meals 12,034 USD 16,502 USD
Books and Supplies 1,048 USD 1,192 USD
Personal Expenses 2,454 USD 6,574 USD
Total Budget 67,802 USD 73,816 USD

Spring/Summer 

Requirements Undergraduate Students Graduate Students
Tuition and Fees 25,600.19 USD 24,266.19 USD
Housing and Meals 5,998 USD 8,213 USD
Books and Supplies 524 USD 596 USD
Personal Expenses 1,199 USD 3,287 USD
Total Budget 33,321.19 USD 36,362.19 USD

Know more about Studying in USA

Tuition Fees in USA (1st Year Average) BE/Btech: USD 28300 | MS: USD 22693 | BBA: USD 26616 | MBA: USD 29558 | BSc: USD 29418 | MA: USD 20452 | MIS: USD 22133 | MFin: USD 37683 | MEng: USD 29558 | MIM: USD 35301 | MEM: USD 23254 | MArch: USD 34741 | MFA: USD 28857 | BHM: USD 27176
Average Accomodation & Food Costs in USA USD 700 to 1000 Per Month
Entrance Exams in USA TOEFL: 86 | IELTS: 6.5 | PTE: 60 | GRE: 309 | GMAT: 560 | SAT: 1177
Work and Study in USA Permitted for 20 hours/week with a valid study permit. Know More
Post Study Work Permit in USA One to Two Years after graduation depending on the course.
Cost of Student Visa in USA USD 160
Student Visa in USA F1 Visa for USA allows you study permit in USA in full time academic courses. Any accredited school, college, university, academic institute, seminary, or conservatory in USA must accept you beforehand to apply for F1 visa in USA. Know More
Intakes in USA There are Three Intakes in USA: Fall (August-September), Spring (January) Know More
Top Job Sectors in USA Health Care, Education, Construction, Hospitality & Tourism, Business Services, Finance.
Economy in USA GDP Growth of 2.1% (Q4 2019), The Larges Economy of the World by Nominal
Fees components - (1st year Fees and expense)

Tuition & fees :

$ 49,350

Total

$ 49,350