Overview

Program in Quantitative Finance and Risk Management / Program in Quantitative Finance and Risk Management is located in Ann Arbor, MI, in an urban setting.

Degrees & Awards

Degrees Offered

Degree	Concentration	Sub-concentration
Master of Science (MS)	Quantitative finance and risk management

Degrees Awarded

Degree	Number Awarded
Master's Degrees	25

Earning Your Degree

Part-time study available?	No
Evening/weekend programs available?	No
Distance learning programs available?	No
Terminal master's degree available?	No

Admissions

Acceptance Rate

416

Applied

153

Accepted

39

Enrolled

Applying

75

Application Fee - Domestic

90

Application Fee - International

Yes

Electronic
applications accepted?

Application Deadlines

Type	Domestic	International	Priority date
Fall deadline	February 1st	February 1st	No

Entrance Requirements

Exam	Details
Master's Degree Exam	GRE

International Students

Exam	Details
TOEFL: Required	TOEFL IBT score: 84
IELTS: Required	IELTS Paper score: 6

Tuition & Fees

Financial Support

Types of financial support available	Scholarship and/or loans

Student Body

60

Total Graduate Students

90%

International Breakout (representing other countries)

Race/Ethnicity

Hispanic/Latino	Not Reported
Black or African American	1.67%
White or Caucasian	6%
American Indian or Alaska Native	Not Reported
Asian	1.67%
Native Hawaiian or Pacific Islander	Not Reported
Two or more races	Not Reported
Unknown	Not Reported

Gender

Male (70%)

Female (30%)

Faculty

8

Total faculty

Full-time - 7

Part-time - 1

Male (6)

Female (2)

Research

Focus of faculty research:	Mathematical finance, applied probability, stochastic analysis, stochastic control, optimal stopping
Externally sponsored research expenditures last year:	0

Location & Contact

Address 2074 East Hall
530 Church Street
Ann Arbor, MI  48109
United States

Contact Prof. Erhan Bayraktar
Director
Email: erhan@umich.edu
Phone: 734-764-9402
Fax: 734-763-0937

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