
Fordham University

New York
,United States

Program Rank

61

Program Name
Master of Science in Quantitative Finance

Deadline
March 21st, 2025
Overview

Welcome to the Master of Science in Quantitative Finance program at Fordham University's esteemed Gabelli School of Business. This program stands as a beacon for those aiming to dive deep into the world of finance through a quantitative lens. Combining theoretical knowledge with practical application, we prepare our students to tackle complex financial models and contribute to a data-driven financial landscape. The comprehensive curriculum covers various aspects of finance, including risk management, financial analytics, and quantitative trading, ensuring that graduates are equipped with the skills and knowledge needed to excel in the industry.
The curriculum is crafted meticulously, integrating essential coursework such as Financial Modeling, Stochastic Processes, Portfolio Management, and Machine Learning in Finance. Students will engage in hands-on projects that simulate real-world challenges faced in the finance sector. By utilizing advanced tools and software, students will learn to analyze market trends and make informed decisions based on quantitative data, fostering a blend of analytical thinking and practical know-how. The program's structure also allows for the exploration of electives, enabling students to tailor their learning to their specific career aspirations.
Our faculty are not only educators but also seasoned professionals with extensive industry experience. Many have held senior positions in finance and bring a wealth of knowledge to the classroom. Their teaching methodology emphasizes interactive learning, encouraging students to question, collaborate, and innovate. Faculty members also engage students through research opportunities, inviting them to participate in cutting-edge projects and contribute to published work. This unique combination of scholarly expertise and professional experience ensures that our graduates are not just academically prepared, but also industry-ready.
At Fordham, we recognize the importance of real-world experience, which is why our program is designed with numerous research opportunities and strong industry connections. Students have access to state-of-the-art laboratories and financial systems, where they can practice and enhance their skills. Furthermore, our extensive network of industry partners provides avenues for internships and job placements, allowing students to gain valuable experience and establish professional connections before graduation. Many of our students have secured internships with leading financial institutions, paving the way for successful careers.
Graduates of the Master of Science in Quantitative Finance program pursue various career pathways, including roles such as Portfolio Manager, Quantitative Analyst, Financial Analyst, and Risk Analyst. Our alumni have gone on to work with top-tier firms in sectors such as investment banking, risk management, and financial consulting, often boasting a remarkable median base salary of $110,000. This impressive salary demonstrates the tangible success that students can achieve through the program, and the high graduation rate of 83% reflects the dedication of both the faculty and our students.
In terms of prerequisites, prospective students are expected to have a minimum undergraduate GPA of 3.0 and some practical work experience, although there is no strict requirement for years of experience. Additionally, non-native English speakers must meet language proficiency criteria, typically demonstrated through standardized tests such as the IELTS or TOEFL. With a priority application deadline of January 10th, 2025, we encourage interested candidates to apply early to secure their place in this transformative program.
Why Study Quantitative Finance at Fordham University
- A highly ranked program with a comprehensive curriculum that prepares students for a variety of financial roles.
- Access to experienced faculty members who are leaders in the field, providing mentorship and research guidance.
- Strong industry connections with major financial institutions offering internship and job placement opportunities.
- A vibrant, diverse student community that enhances collaborative learning and networking.
- Exceptional career support and placement assistance, ensuring students transition smoothly into their professional lives.

Total Tuition Fees
$79,250

Duration
12 Months

Median Salary
$1,10,000
Ranking
#72
US World and News Report

Intake
Fall ( Sept - Nov )

Intake
Summer ( July - Sept )

Intake
Spring ( Apr - June )
Class Profile

Class Size
50

Average Age
25

Average Work Experience
3 Years
Diversity
New York:
40%California:
10%Texas:
4%Others:
21%Illinois:
5%New Jersey:
20%Career Outcomes

Median Earnings After Graduation
$1,10,000 / year

Graduation Rate
83%
Prospective Job Roles
Portfolio Manager
Modeler
Financial Analyst
Investment Banker
Quantitative Analyst
Risk Analyst
Data Scientist
Research Analyst
Actuary
Trader
Real Estate Finance Professional
Finance
Manager of Finance
Director of Finance
Finance Director
Asia Pacific Finance Manager
Vice President of Finance
Top recruiters
















Eligibility Criteria

At least n/a months of full-time professional experience after graduation.

At least 3 / 4 undergraduate GPA is expected.

At least 16 years of bachelor degree.
English Proficiency Tests
TOEFL
100
IELTS
7
PTE
68
DUOLINGO
120
Application Requirements
Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

Application Fee: 140
Transcript
Passport
Essay
Resume
IELTS
Academic LOR
Professional LOR
Interview
Application Deadlines
Priority 1 | Early Action 1 | Final Deadline | Standard Deadline | |
---|---|---|---|---|
Fall | Oct 11, 2024 | Jan 10, 2025 | Mar 21, 2025 | N/A |
Summer | N/A | N/A | N/A | Feb 28, 2025 |
Spring | N/A | N/A | N/A | Oct 4, 2024 |
Fees and Funding

Tuition Fees
$79,250 / year

Overall Cost
$95,000 / year
Funding Options
External Sources - Scholarships
Department Funding
To apply, submit a complete application for admission within a few weeks of the priority deadline for best results.
Scholarships
The Fordham University Master of Science in Quantitative Finance program offers a variety of scholarships and financial aid opportunities to help students defray the cost of their education. Scholarships are available based on academic merit, financial need, and other criteria. The program also offers a tuition remission program for students who work as teaching assistants or research assistants.
The CFA Institute
Fordham University
The New York Stock Exchange
The Society of Quantitative Analysts
The American Finance Association
FAQs
A student can complete Quantitative Finance at Fordham University with in 12.
The deadline to submit an admission application for Quantitative Finance at Fordham University is Application deadline Fall (Round 4) - date - 26/05/2023 ,Application deadline Fall (Round 1) - date - 28/10/2023
The application fee to pursue Quantitative Finance at Fordham University is USD 150 for international students.
The annual tuition fee to pursue Quantitative Finance at Fordham University is USD 76050.
The submission of these scores mainly depends on the type of degree/ course selected at the Fordham University. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check Fordham University requirements before submitting a score.
Quantitative Finance can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more
If a student fulfils all the eligibility criteria and admission requirements of Fordham University, they can easily pursue Quantitative Finance. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.
An MS degree at Fordham University can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official Fordham University website to check the course/ degree duration.
One can apply for scholarships to pursue their international education at Fordham University by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.
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