FAQs

You are encouraged to send inquiries toFinancial-Mathematics@ncsu.edu

Use your Personal Statement to help guide our review of the application materials. For example, if you had a low grade with an extremely difficult teacher, let us know. If you think you might need to cover some pre-requisite material by starting in the summer, let us know. You can also briefly explain your motivation to study Financial Math.
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Yes, you can still apply. However, we strongly recommend that you participate in ourMFM Preparation Program. Additionally, it is good to contact us as we are considering your application. We may arrange for a provisional admission so you can fill in some of the expected background before you start the core classes. This may result you taking longer to earn your degree than some of the other students.

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Yes, you can still apply.

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Individual inquiries into the status of your application interrupt the process, and have a negative impact on your chance of admission. Here are the phases of the admission process.

Phase 1. File an application online at the ApplyYourself website. If there are any missing materials, candidates are notified via the email address in the application of the deficiency.
Phase 2. Early in February, representatives of the program make a recommendation regarding admission to the graduate school.
Phase 3. Applicants are notified via the ApplyYourself portal and via the email address in their application.

Applications completed after the full consideration deadline will be considered as time permits.

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We receive over 200 applications for the 20 positions for new students. Applications are considered as a whole, so the particular attribute that caused an application to be denied cannot, in general, be identified.

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We do not prescreen applications. If you wish to be considered for admission to the program, applyhere. All your application materials should be sent through the web portal. Please do not email us your credentials. The only way to have your application screened is by submitting an application using the link provided.

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A 3-year BS degree equivalent to a 4-year bachelor’s degree in the United States may be used to satisfy the admissions requirement. For more information about a 3-year bachelor degree qualification, please check the graduate school pagehere.

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We accept international credential evaluations from members ofNACES(National Association of Credential Evaluation Services) orAICE(Association of International Credential Evaluators).

Please have the official credential evaluation mailed directly to the Graduate School from the evaluation service.

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No. You may submit GMAT scores; however, the MFM is a Professional Science Masters, not an MBA.

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Yes; however we recommend students to start the program inSummer II (June 25)with theMFM Preparation Program. The main reason for any other non-Fall start dates would be to fill in some of the expected pre-requisites for the program. Explain your reason for a non-standard start date in your Personal Statement.

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Scholarships are available. To be considered for the scholarships, you need to submit your applications by Dec. 31st. You are encouraged to include an explanation of your unique qualifications in your Personal Statement. Some of the factors impacting the decision include; (1) academic qualifications such as grades, (2) letters of recommendation, and (3) financial need as established by submitting aFAFSAto NCSU.

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Yes. NC State’s Masters of Financial Mathematics qualifies for theSTEM optional practical training (OPT) extension. Most students on an F-1 visa take advantage of the Curricular Practical Training (CPT) and work at a paid internship while enrolled in the program at NC State.

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Most of the students can get their degree in 18 months, while some students do stay 4 semesters or longer.

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You can. You need to pay application fee for each application submitted.

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To receive full consideration, please submit your application by February 1 the same year for fall admission and by July 15 the previous year for spring admission. Fall admission applications submitted before April 1 (for international applicants) or May 1 (for domestic applicants) may be considered, too.

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