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University of Toronto

Quality
0.68
Post-master’s salaries
US$95,000
% of teaching conducted remotely
100% remote teaching for the first term, decisions about subsequent terms will be based on advice from provincial and public health authorities.
Url
https://www.risk.net/quantitative-finance/7719671/quant-guide-2021-university-of-toronto
Teaching staff
26
Salary ($)
95000
Description
The University of Toronto’s Master of Mathematical Finance (MMF) programme maintains its top 10 rating in this year’s Quant Guide – thanks in no small part to its exclusivity. The course is highly selective, extending offers to just 13.5% of its 446 applicants. Luis Seco, a professor in the department of mathematical and computer sciences, remains the programme’s academic director. Despite only a little over half of those applicants taking up their places this year, and fewer students applying overall, the MMF made significant gains in one important category, highly prioritised in ’s ranking methodology: average graduate salaries six months after course completion, across the last four years of the programme. The course reports an average of US$95,000 this year, an impressive jump from last year’s upper bound of US$70,000. That puts Toronto comfortably ahead of the neighbouring University of Waterloo, which reported average salaries of US$65,000 for this edition of the guide. Thanks to the coronavirus, teaching has been conducted 100% remotely for the MMF programme’s first term, as well as examinations. Internships have also taken place remotely, with students receiving the necessary support from their placement sponsors. Internships for the upcoming year will take place in January. The university anticipates that they will also be remote, unless there is a significant change in circumstances and government advice. A programme representative adds that a number of other changes have taken place to facilitate remote instruction, including the creation of a dedicated website for course materials and the relaxation of health insurance fee requirements for students not on campus.
Rank
8
Offers accepted
32
Programme director
Luis Seco
Address
Toronto, Ontario, Canada
Title
Quant Guide 2021: University of Toronto
Applications received
446
Full-time students
27
Accept. rate
0.13
salary_descrepancy
6322.5
Visiting staff teaching hours
55
sheetnames
Academia
0
Students accepting
0.45
Class size
30
Staff to Students
0.96
peer_assessment
3.1
Average Citations
429.5
Programme duration
12 months, inclusive of a 4-month full-time internship. Programme starts in mid-August and ends July 31 of the following year. First term: August to December (13 weeks) second term: January to April (internship period) third term: May to July (13 weeks).
Homework hours
25 per week
Offers made
60
Application deadline date
2020/12/15
tuition
72225
employment_descrepancy
0.06
Average class size
30
Most-cited lecturers
Luis Seco: 228 citations Roy Kwon: 360 citations Kenneth Jackson: 619 citations Tom McCurdy: 511 citations
Ranking
26
Other
0.6
Consulting
0
Industry-affiliated teaching staff
16
Graduates employed in
Banking: 10% asset management: 20% fintech: 10% other: 60%
emplm_rate_grad
0.64
Industry-affiliated lecturers
0.62
International students
13
class_descrepancy
11.5
% of take-home/remote exams
For the first term, all examinations will be conducted remotely.
emplm_rate_3_month_aft
0.93
Remuneration
0.33
avr_start_salary_bonus
97649.5
Employment rate
0.95
Teaching hours
360
Reputation
0.75
Part-time students
0
cohort_size
31
Asset Management
0.2
Gender balance of teaching staff
70% male, 30% female
Banking
0.1
missing_data
13
avr_gre_quant
168
Website
https://www.mmf.utoronto.ca/
Fintech
0.1
Fees
C$53,050 for both international and domestic students
Final
0.59
Gender balance of students
38% male, 62% female
Empl. rate
0.95
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