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Financial Mathematics at Massachusetts Institute of Technology

Financial Mathematics at Massachusetts Institute of Technology

If you are interested in studying financial mathematics, you may want to check out the program at Massachusetts Institute of Technology. The following information will help you decide if it is a good fit for you.

MIT is located in Cambridge, Massachusetts and approximately 11,254 students attend the school each year.

Want to know more about the career opportunities in this field? Check out the Careers in Financial Mathematics section at the bottom of this page.

MIT Financial Mathematics Degrees Available

  • Bachelor’s Degree in Financial Math
  • Master’s Degree in Financial Math

MIT Financial Mathematics Rankings

The financial math major at MIT is not ranked on College Factual’s Best Colleges and Universities for Financial Mathematics. This could be for a number of reasons, such as not having enough data on the major or school to make an accurate assessment of its quality.

Financial Math Student Demographics at MIT

Take a look at the following statistics related to the make-up of the financial math majors at Massachusetts Institute of Technology.

MIT Financial Mathematics Bachelor’s Program

53% Women
53% Racial-Ethnic Minorities*
For the most recent academic year available, 47% of financial math bachelor's degrees went to men and 53% went to women. The typical financial math bachelor's degree program is made up of only 37% women. So female students are more repesented at MIT since its program graduates 16% more women than average.

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Prospective students may be interested in knowing that this school graduates 38% more racial-ethnic minorities in its financial math bachelor's program than the national average.*

The following table and chart show the race/ethnicity for students who recently graduated from Massachusetts Institute of Technology with a bachelor's in financial math.

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Race/Ethnicity Number of Students
Asian 7
Black or African American 0
Hispanic or Latino 1
White 4
International Students 3
Other Races/Ethnicities 2

MIT Financial Mathematics Master’s Program

36% Women
5% Racial-Ethnic Minorities*
For the most recent academic year available, 64% of financial math master's degrees went to men and 36% went to women.

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The following table and chart show the race/ethnicity for students who recently graduated from Massachusetts Institute of Technology with a master's in financial math.

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Race/Ethnicity Number of Students
Asian 2
Black or African American 2
Hispanic or Latino 1
White 5
International Students 119
Other Races/Ethnicities 3

Careers That Financial Math Grads May Go Into

A degree in financial math can lead to the following careers. Since job numbers and average salaries can vary by geographic location, we have only included the numbers for MA, the home state for Massachusetts Institute of Technology.

Occupation Jobs in MA Average Salary in MA
Financial Analysts 13,400 $105,540
Natural Sciences Managers 4,040 $183,490
Financial Specialists 2,890 $88,370
Mathematical Science Professors 1,700 $92,200
Economists 1,150 $117,680

References

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

More about our data sources and methodologies.

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