Common questions and answers are posted below. If you can’t find what you’re looking for after reviewing this page, contact us.
If you do not have test scores to provide [asking for a GRE waiver, don’t have a GMAT or TOEFL score, etc.] then you can leave those sections of the application blank. As a result of leaving those sections blank, the application status page will show that those materials were ‘not received.’ This is acceptable unless you need to include scores in your application. Your application will still be reviewed and there is no need to contact us to ask us if there are problems with your application.
If the application deadline has already passed, we will not be able to make any changes to your application. If the application deadline for which you have applied has not yet passed, you can send us an email with the document(s) you want to update. Please note that there are some updates that you can make yourself on your application status page at the UW Graduate School. Our review process begins immediately after the deadline using the materials on file at the time of the deadline.
Yes, although we do not recommend it. A strong business background cannot substitute for the necessary quantitative knowledge. All competitive applicants will have earned strong grades in calculus, probability/statistics, and programming coursework.
For our campus and online applicants, the admissions review committee will evaluate each applicant and may recommend one or more of several options to students who lack the required prerequisites. The options include:
- Taking undergraduate level courses in these areas (either at UW or at a regionally accredited university or community college)
- Taking preparatory CFRM courses (CFRM 405, 410, 415, 420, 425) for a grade
No. We do not accepted application materials sent by postal mail to the Applied Mathematics Department. Utilize self-reporting of scores and submit unofficial transcripts in the application. Materials sent to the department are not opened.
No. In the interest of keeping applications consistent and fair for all applicants, we cannot accept additional materials for review. Doing so will not improve your chances of success. There are no exceptions to this rule.
We ask that candidates NOT contact us about their application status. You can check on the status of your application by logging back in to your online application. Decisions will be made after each admissions deadline.
No. In the interest of keeping the admissions process fair for applicants who were able to complete the application on time, we do not accept applications after the admissions deadline. You are encouraged to apply to the program for the next round.
As a matter of policy, we do not comment on hypothetical applications. There are no exceptions to this rule, and informal advice or hypothetical conversations prior to application are not official determinations of the CFRM staff, but general guidance. Each year, we receive more qualified applications than we can accommodate in our degree program. If you believe you meet our entrance requirements and want to know if you will be accepted, please apply.
Every year, we are forced to reject a number of qualified applicants. If we did not extend an offer of admission to you, it is because there were other, stronger candidates competing for a very limited number of openings. Please do not submit additional materials or ask for reconsideration. If you complete additional preparatory coursework or gain professional experience, your chances may improve for a future application. However, it is extremely unlikely that you will be admitted after more than two unsuccessful applications.
We are temporarily waiving the GRE/GMAT requirement for those applying to the Computational Finance & Risk Management MS campus and online programs for autumn 2021 admission. We will still accept scores for those who have already taken, or plan to take, the exam. However, if that is not possible, applicants can submit their application for full consideration without GRE/GMAT test scores.
Yes, although we prefer the GRE if you have not yet taken either exam.
No, we do not accept IELTS. You will need to satisfy English proficiency via another method, as outlined in Memo 8.
Waivers of the examination are possible for highly qualified students with at least five years of relevant professional experience, or a previously earned graduate degree in a STEM field. We are also allowing an exception for autumn 2021 applicants only. Request the waiver in the online application when prompted.
We do not have a specified cutoff. Typical students achieve scores at or above 159(V) and 167(Q).
We do not have a specified cutoff. The UW Graduate School requires a 3.0 on a 4-point scale for the past 90 graded quarter units (60 semester units). The average incoming campus MS student GPA is around 3.7.
For non-native speakers of English, please refer to Memo 8: Graduate School English Language Proficiency Requirements. We do not accept IELTS.
If you fall within the Memo 8 guidelines to meet the English proficiency requirements, no. Leave the English proficiency section of your application blank. We will see your US degree and confirm that it meets UW Graduate School requirements.
Your exam(s) must be completed prior to the application deadline. Leave enough time to be able to self-report scores and submit your application in time. We will not accept late applications due to pending exam score results.
In order to plan for the number of students who will actually participate in the program, UW asks new degree students to confirm their acceptance by pre-paying a portion of their tuition. CFRM’s ECD is currently $5,000 USD for campus students and $250 USD for online students. 100% of this money is applied to your balance due for the first quarter of enrollment. The deposit is nonrefundable, regardless of whether you ultimately begin CFRM coursework.
Congratulations! We understand that plans change between application and the start of classes. However, all ECD payments are nonrefundable.
Deferment is approved on a case-by-case basis; please contact us if you have an offer and may need to defer. If you begin the program and later need to reduce your course schedule or go on leave, the UW Graduate School does have procedures for doing so. If your anticipated conflicting obligation lies further in the future than your first Autumn quarter, please talk to us about options.
Yes. CFRM is fully qualified for whatever the current US federal standard allows.
The academic year usually begins the last week of September. We generally hold new student orientation the day before classes start. We recommend arriving on campus the week before classes start to acclimate yourself to campus and Seattle. International students should arrive earlier to attend International Student Orientation, called Embark. Details are provided the summer before the program begins.