Financial Mathematics (M.F.M.)

We offer three graduate programs to meet your specific needs: applied mathematics, financial mathematics and mathematics education.

Our program's flexibility also allows you to include up to a four-course concentration in computer science, engineering or business so you're ready for advancement in your professional work. Your program will include courses that will provide you with a solid background in mathematical, numerical and statistical analyses — and valuable experience in modeling and computation.

We strive to offer you an individualized plan of study that meets your needs and career goals in each of our three areas of study.

Admission Requirements

Applicants to the financial mathematics program should submit the following information in addition to the online application:

  1. Official academic records of all previously attended colleges or universities must be submitted directly from the colleges or universities to the Office of Graduate Admission Processing. Hand-carried transcripts, official copies marked Issued to Student and unofficial copies are not acceptable.
  2. Three letters of recommendation from professors or employers.
  3. A personal statement or résumé.
Additional requirements apply for international students.

Academic Requirements
Applicants should have a bachelor's degree in a science or technical area such as mathematics, physics, computer science, engineering, economics or finance and have at least a 3.0 cumulative grade-point average on a 4.0 scale. Mathematics coursework in calculus, differential equations, linear algebra, elementary probability and statistics is required. Computer programming skills are also desirable.

Additional Information
Graduate assistantships are available.

Academic Requirements

Program requirements can be found in the online Catalog. Simply select the area of study and click "Explore".

Frequently Asked Questions

Is the program full time or part time?
Our master's program is full time for most students and takes approximately two years to complete. A 12-month program is available for qualified full-time students. Contact the department chair for details.

Evening classes are available for those wishing to complete the program on a part-time basis.

Can I enroll in the M.F.M. program and the certificate programs?
Students cannot simultaneously be admitted to the Master of Financial Mathematics degree program and one of the certificate programs. However, students may be simultaneously enrolled in any other post-baccalaureate program at the University of Dayton and a certificate program.


Paul Eloe, Ph.D.
Graduate Program Director

Graduate Program in Mathematics Website >>