The Department of Mathematics is consistently ranked 1st in Asia and among the top 10 worldwide according to the QS World University Rankings by Subject. The department offers rigorous programmes that foster critical thinking, analytical skills, and problem-solving abilities. Our faculty’s research cover all major areas of contemporary mathematics, ensuring students are exposed to cutting-edge developments in the field. The Master of Science in Quantitative Finance provides advanced education in quantitative finance, preparing the next generation of professionals for the evolving financial sector. Graduates will gain the expertise needed to meet the growing demands of digital finance and financial technology in Asia and globally.
The programme provides a strong foundation through core courses and offers electives like AI and FinTech, and Structured Products to address current industry needs. Students benefit from experienced faculty sharing the latest research and senior professionals from prestigious financial institutions offering first-hand insights. Offered by the Department of Mathematics in collaboration with the Department of Economics and the Department of Statistics and Data Science, the programme offers a comprehensive education that combines academic rigor with practical, industry-driven knowledge.
Our graduates are commonly sought-after by the Banking and Finance industry. Most of them work in asset management firms, commercial banks, family offices, consultancy firms, investment banks, insurance companies, etc. both local and overseas, and in the capacities of Credit Analysts, Investment Analysts, Financial Analysts, Quant Researchers, Quant Traders, Quantitative Analysts, etc. Some choose to pursue advanced studies while others become aspiring entrepreneurs.
Commitment | Average Candidature | Maximum Candidature |
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Full Time | 1 Year | 2 Years |
Part Time | 2 Years | 4 Years |
Criteria | Minimum Score | ||
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GPA | An applicant must possess or expect to obtain an Honours degree (or a 4-year Bachelor’s degree) in a discipline with strong quantitative training such as mathematics, statistics, economic, finance, computer science, engineering, physical sciences, or equivalent degrees with strong mathematical background. | ||
English Proficiency Tests | TOEFL Internet-based | 85 / 120 | |
IELTS | 6 / 9 |
Either TOEFL or IELTS is required for students whose main language of undergraduate university instruction is not English.
Test scores for the TOEFL and IELTS are valid for 2 years from the test dates. TOEFL and IELTS Academic scores that have expired by the time the application period closes will not be accepted.
Refer to our website for more information on the application process and required documents: https://www.math.nus.edu.sg/pg/mqf/prospective-students/
Category | Application Window | Application Result Released | |
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Semester 1 Intake (August) | All students of any nationalities | Application Opens: May 16 2025 Application Closes: July 15 2025 | By end of September 2025. Unsuccessful applicants will be rolled over to the Regular Admission exercise. |
Application Opens: October 1 2025 Application Closes: January 31 2026 | By latest 30 June of the intake year. |