University of Minnesota
School of Mathematics
School of Mathematics         The diagram illustrates the local accuracy of the tangent line approximation to a smooth curve, or--otherwise stated--the closeness of the differential of a function to the difference of function values due to a small increment of the independent variable. / finmath

Master of Financial Mathematics


Where students consider their options and plan their futures!

The Master of Financial Mathematics (MFM) program offers a great mix of academic and industry preparation for your career:

MFM courses are offered in the evenings to accommodate working professionals who are part-time students and to give full time students to obtain internships and industry specific projects. For a full-time student with a good undergraduate background in mathematics it is possible to graduate in one-year.

Professional Science Master's

Upcoming Events

  • MCFAM Seminar - Arbitrage-Free Pricing of XVA ,  
  • MCFAM Seminar - Stochastic Valuation Framework for Valuing Mortgage Servicing Rights Assets ,  
  • MCFAM Seminar - Title And Abstract Forthcoming,  


Xuan (Rachel) Morcomb

OptumInsight - Eden Prairie, MN
MFM Class of 2012
Shenzhen, China

The actuarial mathematics coursework and the Actuary Club at the University of Minnesota were invaluable to me.  As I began making the transition from school to my professional career the support that I got from MCFAM was very powerful.  The programming coursework in the MFM program was critical in allowing me to hit the ground running in my current job.

More Testimonials


Address: 127 Vincent Hall, 206 Church St. SE, Minneapolis, MN 55455     Phone: 612-625-2004     Contact the School of Math