# REQUIREMENTS

## PREREQUISITES

Applicants to the program should have completed **at least**
the following undergraduate coursework in mathematics and statistics:

- The standard three-semester calculus sequence;
- Linear algebra;
- Ordinary differential equations;
- Advanced calculus or real analysis;
- At least one introductory probability class;
- At least one introductory statistics class.

In addition, applicants should have some familiarity with basic programming. This could include knowledge of MATLAB, Java, C, C++, Python, or C#.

## ADMISSION CRITERION

The following factors will be key components of the application review process.

Assessment Factor |
Target |

Previous Academic Performance | In most cases, applicants will be expected to have at least a 3.0 cumulative GPA in undergraduate coursework, though exceptions are possible for students with strong STEM coursework. |

GRE Scores | GRE quantitative score should be in the range 160 - 170. For domestic students, the GRE verbal score should be in the range 160 - 170, and the analytic writing score should be in the range 3.0 - 6.0. The mathematics subject GRE is not required for this program. |

Letters of recommendation | Three letters of recommendation are required, at least two of which should be academic. |

Personal Statement | Personal statements should address the applicant's interest in studying quantitative finance, including background and career goals. Internship experience and/or relevant extra-curricular activities should be described. |

## VERBAL REQUIREMENTS FOR INTERNATIONAL APPLICANTS

International applicants are expected to score in the range 146 - 170 on the verbal GRE. In addition, international applicants must submit either a TOEFL or IELTS score with their applications. The minimum required score for the TOEFL is 80 iBT (550 paper-based), and the minimum required score for the IELTS is 6.0.