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.