Master's Programs

The University of Michigan Mathematics Department offers three types of Master's Degrees: the Quantitative Finance and Risk Management Degree (new Fall 2015), the Applied & Interdisciplinary Mathematics (AIM) Master's Degree, and the Mathematics Master's Degree. There are multiple programs offered for each type of degree.

Quantitative Finance & Risk Management Master's Degree (New Fall 2015)

There are two options leading to the Master’s Degree in Quantitative Finance and Risk Management:
- Quantitative Finance and Risk Management Master's Program
- Accelerated Master's Degree Program (AMDP): for currently enrolled University of Michigan undergraduates who wish to pursue a 5-year combined BS/MS.

Admissions information and curriculum for the Quantitative Finance and Risk Management Master's Degree program can be found here.

Applied & Interdisciplinary Mathematics (AIM) Master's Degree

There are two programs leading to the Master’s Degree in AIM. These programs include:
- AIM Master's Program
- Marjorie Lee Browne (MLB) Master's Program: focuses on preparing students to continue toward a Ph.D.

Admissions information and additional information for the AIM Master's Degree programs can be found here.

Mathematics Master's Degree

There are four programs leading to the Master’s Degree in Mathematics. These programs include:
-General Mathematics Master's Program
-Applied Mathematics Master's Program
-Mathematics Program for Secondary School Teachers
-Actuarial Mathematics Master's Program

Details about the various Mathematics Master's Degree programs can be found here (PDF). If you would like to apply to a Mathematics Master's Degree program, please visit our Admissions webpage.

Dual Degree

Students enrolled in a Ph.D. or Master's program outside of the Mathematics Department who have completed at least one term of coursework and are in good academic standing are eligible to apply for a dual degree with the Mathematics Master's (if you are interested in doing a dual degree with the Quantitative Finance & Risk Management Master's, visit the Quant Admissions FAQs page).

Applying to pursue a dual degree is a different application process than the online admissions system used for external applicants. Any current University of Michigan graduate student interested in doing a dual degree with the Mathematics Master's should contact math-grad-office@umich.edu for more information, and to obtain the application materials. Students who have just graduated from a graduate program are not eligible to apply for a dual degree program.

The Dual Degree program has the following expectations:

  1. The Mathematics Department expects you to complete the Mathematics Master’s Degree either before or at the same time as the degree in your home department.
  2. The Dual Degree program should not take more than two academic years to complete.
  3. Usually only a grade of “B” or higher in a course is allowed to be counted towards the Mathematics Master’s degree. You are expected to achieve an average of “B+” or higher for the overall GPA of the courses counted towards your Math Master’s dual degree.
  4. Students must have any changes to their course plan approved by an advisor prior to taking any course(s) that are not on the original course plan.

If you are in the dual degree program, and you anticipate not being able to meet any of these expectations, you must contact the department via email (math-grad-office@umich.edu). Students who fail to meet the above expectations may be discontinued from the Mathematics Master’s program.