Applications for Fall 2027 entry to the MMF Program will open on October 1 2026, with an application deadline of December 20 2026. If you are interested in joining the MMF Program in the future, click here for more information on MMF’s application criteria, and be sure to follow MMF on LinkedIn, YouTube, Instagram, X, Facebook, and Spotify for more updates throughout the year.
For detailed information on the MMF Program’s courses and curriculum, click here.
MMF remains the only Canadian university program to be ranked in Risk.net’s top 25 Quant Finance Master’s programs worldwide! Among North American universities, MMF ranked 19th, and ahead of its Canadian counterparts.
The Master of Mathematical Finance (MMF) program is a one-year, fast-track professional program. We admit candidates from diverse backgrounds, such as computer science, physics, engineering and (of course) applied mathematics.
Established in 1998, MMF has a long history of training students for careers in quantitative finance. Of the five finance master’s degree programs at the University of Toronto, MMF is the most quantitative in nature. Over that time, the program has helped launch the careers of nearly 800 professionals who specialize in quantitative research and analysis, data science, risk management, portfolio construction, financial engineering, machine learning and agentic AI.
Much of MMF’s success is rooted in the boutique nature of the program, with class sizes of around 30 to 40 students per year. This allows us to build a meaningful relationship with every student, supporting their academic development and career goals, while helping them build lasting bonds with classmates and alumni.
Those alumni now work across the financial industry in Canada and around the world. Students get direct access to professionals working across the industry. Our alumni regularly come back to speak with students, help with professional development, conduct mock interviews, provide career advice, and share their experience.
The internship is also a central part of the MMF experience. Every student completes an internship, giving them the opportunity to apply their training, build professional relationships, and prepare for the full-time job market.
Our courses are taught by a mix of scholars in mathematics, engineering, computer science and practitioners in industry, giving our graduates valuable insights into the real-world application of academic principles.
We wish to acknowledge this land on which the University of Toronto operates. For thousands of years it has been the traditional land of the Wendat Nation, the Seneca, and the Mississaugas of the Credit. Today, this meeting place is still the home to many Indigenous people from across Turtle Island and we are grateful to have the opportunity to work on this land.