The Finnish National Graduate School in Mathematics and its Applications was formed in January 2010 by combining the Finnish National Graduate School in Mathematical Analysis and Its Applications and the Graduate School in Mathematical Logic and Algebra (old web-page MALJA).

The Graduate School is funded for the periods 2010-2013 and 2012-2015 by the Ministry of Education and Culture and it supports graduate studies at the participating departments; see a list of the doctoral students currently supported by the Ministry of Education and Culture. The Graduate School also partially funds and organizes intensive courses in current research topics, see Courses and events, and supports the participation by graduate students in these and related events.

The present GS is a continuation of the graduate school funded by the Ministry of Education and Culture in 2003-06, which was directed by Mika Seppälä. In 1995-2002 the graduate school operated as the National Graduate School in Mathematical Analysis and Logic. The directors of the earlier graduate school were Seppo Rickman (1995-98) and Matti Vuorinen (1999-2002). A separate National Graduate School in Mathematical Logic and Algebra operated in 2003-09 (see the web-page MALJA) directed by Jouko Väänänen and Lauri Hella.