Master of Financial Engineering

Master of Financial Engineering

University of California – Berkeley Campus

Berkeley, California, USA
Master of Financial Engineering
Duration1 Year
LevelMasters Program
  • The program is ranked as No. 1 in 2018 in the USA by TFE Times
  • The Berkeley Master of Financial Engineering Program, a STEM designated degree, prepares students with the knowledge and skills for a career in the finance/fintech industry
  • The MFE Program’s curriculum challenges students to think of innovative ways to integrate quantitative methods with the theoretical framework and institutional settings in which they are applied
  • The program is taught by a renowned faculty comprised of prominent scholars and industry luminaries, MFE courses are anchored in cutting-edge research and best practices in financial engineering
  • Graduates will be ready to take a leading role in a fast-growing field that demands individuals who can apply their education and skills at the cutting edge of finance in investment banks, commercial banks, and other firms around the world
  • MFE graduates received job offers in each of the previous four years at the highest average starting salary of any similar program
  • Students have the option of completing a one-credit project or three-credit project. The $5,000 Morgan Stanley Applied Finance Project Award is given to the best three-credit project
Fees componentsAmount
Tuition & fees5500910 INR
Hostel & Meals1276573 INR
Insurance496860 INR
Books and Supplies63865 INR
Application Fee20141 INR
Total1857439 INR

Entry Criteria

Class 12thNo specific cutoff mentioned
BachelorsNo specific cutoff mentioned
  • Graduates of recognized academic institutions outside the U.S. should have completed degree programs representing a minimum of 16 years of schooling with at least 12 years at the primary and secondary levels
  • Prerequisites:
    • Computer Programming- C++, Matlab, Python, r, Machine Learning
    • Quantitative- Calculus, Linear Algebra, Partial Differential Equations, Statistics, Numerical Analysis
    • Finance
    • Excellent writing, speaking, and presentation skills
ExamsTOEFL: 90

IELTS: 7

GMAT: Accepted

GRE: Accepted

Additional info
  • Official Transcripts
  • Essay
  • Two Letters of Recommendation
  • Video Essay
  • Interviews are conducted on an invitation-only basis
  • GRE/GMAT scores. Either GMAT or GRE is required
  • Recommended post-university work experience. Preferred but not required
  • Proof of English Language proficiency
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