The MMF Program and all University Of Toronto administrative support and services will be closed for the holiday break from December 23 2025 through January 4 2026. No application support will be available during this time. We wish you all a safe and happy holiday season!
On December 12 2025, MMF hosted the Canadian Spanish Scientists Association (CASSA/ACERCA), as the Ministerio de Asuntos Exteriores, Unión Europea y Cooperación, on behalf of the King of Spain, awarded the prestigious Order of Isabel la Catolica – one of Spain’s highest honours – to MMF Director Luis Seco, recognizing his extraordinary service to the nation and the promotion of international relations, cooperation, and cultural exchange. ¡Felicidades!
The application window for entry into the MMF Program beginning Fall 2026 is now closed as of December 14 2025. Application reviews will take place throughout January 2026, with those selected for interview being contacted for interviews throughout February 2026.
Applications for Fall 2027 entry to the MMF Program will open in October 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.
Is gold still a safe haven and a hedge against inflation? World events have given gold a new, unexpected role, according to MMF Program Director Luis Seco. He explains on this episode of The Big Story podcast.
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.
Established in 1998 MMF remains at the forefront of training in quantitative finance. MMF is a boutique Program admitting a select number of students each year who will move through the Program as one cohort. The boutique nature of our Program means that students will learn in smaller class sizes, have the opportunity to build lasting bonds with their classmates and work in industry-like teams to complete projects and presentations.
Financial Mathematics is one of the fastest growing areas of applied mathematics. Institutions that employ financial mathematicians are among the wealthiest and most sophisticated corporations in the world. A career in financial mathematics provides you with an invigorating combination of intellectual challenge and accelerated professional growth.
During your 12 months of training in MMF your superior quantitative skills are focused on the tools of financial mathematics for the initial 4 months of course work. You then move into a full-time 4 month internship with one of our industry partners. Finally, you will complete course work during the last 4 months of the Program.
You may join an institution (hedge fund, bank, government or pension plan) with multibillion-dollar investment portfolios. You may manage sophisticated hedge funds, complex derivatives, assess the risk in a bank’s commercial loans portfolio or develop original software applications for financial markets. There have been Nobel Prizes awarded for work in financial mathematics.
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 Huron-Wendat, 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.