
Hofstra University

New York
,United States

Program Name
Master's in Quantitative Finance
Overview

The Master's in Quantitative Finance at Hofstra University stands out as a premier program designed for those eager to delve deep into the complex intersection of finance, mathematics, and technology. This program is tailored for individuals who aspire to enhance their skills and knowledge in quantitative methods while applying them to solve real-world financial challenges. With a strong academic foundation, students will explore advanced topics in finance including financial modeling, risk management, and investment analysis, enabling them to navigate the ever-evolving financial landscape.
The curriculum emphasizes a blend of theoretical knowledge and practical application, ensuring that graduates are well-prepared to meet industry demands. Core courses cover critical areas such as Statistical Methods in Finance, Financial Risk Management, and Investment Analysis and Portfolio Management. Students also have the opportunity to engage in elective courses that allow them to specialize in niche areas such as Financial Econometrics and Algorithmic Trading. By participating in hands-on projects, students will not only solidify their understanding of quantitative finance but also develop their analytical and decision-making skills.
The faculty at the Frank G. Zarb School of Business comprises seasoned professionals and esteemed scholars well-versed in the nuances of quantitative finance. They bring a wealth of experience from both academia and industry, ensuring that students receive a well-rounded education enriched with practical insights and innovative teaching methodologies. By fostering an engaging learning environment, faculty members encourage students to think critically and approach problems creatively, thus preparing them to become leaders in the finance sector.
In addition to rigorous academics, Hofstra University offers exceptional research opportunities for its students. The program is designed to support independent research that contributes to the field of finance. With access to state-of-the-art laboratories, financial databases, and simulation software, students can engage in groundbreaking research that aligns with their interests. Furthermore, collaboration with faculty on research projects not only enhances their learning experience but also strengthens their resume when entering the job market.
The Master's in Quantitative Finance program is strategically positioned within New York, a global financial hub, providing students with unmatched access to a network of industry connections. Through partnerships with leading financial institutions, students can secure valuable internships that offer real-world experience. These internships often serve as gateways to full-time employment after graduation, with many students transitioning directly into roles at top financial firms, investment banks, and hedge funds.
Graduates of the program are equipped to pursue a myriad of career pathways, including roles such as Portfolio Manager, Financial Analyst, Investment Banker, Quantitative Analyst, and Data Scientist. The high average base salary of around $85,000 reflects the program's ability to prepare students for lucrative positions in the financial sector. Noteworthy alumni have gone on to achieve impressive accomplishments, with many being recognized as leaders in their respective fields, underscoring the program's strong reputation and the quality of education provided.
Unique features of the Master's in Quantitative Finance program include a focus on hands-on learning and industry-relevant projects, ensuring that students graduate with not only theoretical knowledge but also practical skills applicable in the workforce. Additionally, the diverse and inclusive community at Hofstra University enhances the learning experience by providing a global perspective, allowing students to engage with peers from various backgrounds.
Admission to the program requires a bachelor's degree from an accredited institution, along with a completed application package that includes a transcript, an academic letter of recommendation, and a resume. For international students, proficiency in English is critical, and standardized tests such as the TOEFL (minimum score of 80), IELTS (minimum score of 6.5), or PTE (minimum score of 50) are mandatory.
Why Study Quantitative Finance at Hofstra University
- A popular choice for international students with a diverse community, promoting cultural exchange and collaboration.
- Learn from the best faculty members and become their research assistants, gaining invaluable mentoring and networking opportunities.
- High-end labs equipped with the latest financial technology to facilitate research work and hands-on learning experiences.
- Excellent placement programs and career support services that connect students with industry leaders and facilitate internship opportunities.
- A robust curriculum that combines theory with practical application, ensuring graduates are job-ready and competitive in the job market.

Median Salary
$80,000
Ranking
#1054
US World and News Report
Class Profile

Class Size
20

Average Age
28

Average Work Experience
3 Years
Diversity
International:
5%New Jersey:
15%Pennsylvania:
10%New York:
35%Connecticut:
5%Others:
35%Career Outcomes

Median Earnings After Graduation
$80,000 / year
Prospective Job Roles
Portfolio Manager
Financial Analyst
Investment Banker
Quantitative Analyst
Risk Analyst
Data Scientist
Business Analyst
Research Analyst
Actuary
Trader
Top recruiters










Eligibility Criteria
English Proficiency Tests
TOEFL
80
IELTS
6.5
PTE
50
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.
Transcript
Academic LOR
Resume
Application Deadlines
Fees and Funding

Tuition Fees
$26,483 / year
Funding Options
External Sources - Scholarships
Department Funding
Scholarships
The Hofstra University Scholarship
The Hofstra University Financial Aid Office
The Hofstra University Student Loans Office
The Hofstra University Work-Study Program
FAQs
- The application fee to pursue Quantitative Finance at Hofstra University is USD 75 for international students.
- The annual tuition fee to pursue Quantitative Finance at Hofstra University is USD 26483.
- The submission of these scores mainly depends on the type of degree/ course selected at the Hofstra 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 Hofstra 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 Hofstra 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 Hofstra 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 Hofstra University website to check the course/ degree duration.
- One can apply for scholarships to pursue their international education at Hofstra 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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