Master of Science in Quantitative Finance

The Master of Science in Quantitative Finance at New York University’s Leonard N. Stern School of Business is a premier program designed for aspiring financial professionals who wish to develop a robust understanding of financial markets, risk management, and quantitative analysis. With a strong emphasis on econometrics and quantitative economics, this program empowers students with the analytical tools necessary to excel in today’s complex financial landscape. The curriculum covers a wide range of topics, including financial modeling, investment strategies, and data analysis, equipping students with the essential skills to navigate the challenges of the finance industry.

At the heart of the program is a comprehensive and interactive curriculum that features a blend of theoretical knowledge and practical application. Students will engage in courses such as Financial Econometrics, Derivative Securities, and Risk Management, where they will learn to apply quantitative methods to real-world financial issues. Additionally, the program features a capstone project that allows students to collaborate with industry professionals, providing a unique opportunity to apply their knowledge in a real-world setting. This hands-on experience not only enhances learning but also serves to strengthen students' resumes as they prepare to enter the job market.

The faculty at NYU Stern consists of world-renowned experts in finance and quantitative analysis, many of whom are actively engaged in groundbreaking research. These professors employ innovative teaching methodologies that foster critical thinking and encourage students to explore complex financial concepts. By leveraging their extensive industry connections, faculty members not only provide students with valuable insights but also serve as mentors, guiding them in their academic and professional journeys. The high faculty-to-student ratio ensures personalized attention and support, allowing for a more enriching educational experience.

Students in the Master of Science in Quantitative Finance program have access to state-of-the-art research facilities and resources. The program promotes a strong research culture, with opportunities for students to contribute to ongoing projects in collaboration with faculty. Additionally, NYU Stern’s location in the heart of New York City provides unparalleled access to major financial institutions, hedge funds, and investment banks, creating a dynamic environment for networking and internship opportunities. Students are encouraged to participate in internships throughout their studies, which not only enhance their learning but also provide a competitive edge in the job market.

Upon graduation, students can expect to find rewarding careers in a variety of roles across the finance sector. Potential job titles include Portfolio Manager, Quantitative Analyst, Risk Analyst, and Data Scientist. The program boasts impressive job placement statistics, with a job placement rate of 90% and a median base salary of $110,000. Alumni of the program have gone on to work at prestigious firms such as Goldman Sachs, JPMorgan Chase, and Citigroup, with many attesting to the program's rigorous training and the strong network of professionals they gained through their education.

Overall, the Master of Science in Quantitative Finance from NYU Stern is a transformative program that prepares students to become leaders in the finance industry. The combination of a robust curriculum, expert faculty, extensive research opportunities, and strong industry connections positions graduates for success in a competitive job market.

Why Study Quantitative Finance at New York University

• A popular choice for international students with a diverse community, fostering an enriching cultural exchange.
• Learn from the best faculty members and become their research assistants, gaining invaluable mentorship and experience.
• High-end labs and access to advanced technologies facilitate innovative research work and practical experiences.
• Excellent placement programs and career services help students transition smoothly into their professional lives.
• Strong alumni network providing ongoing support and connections in various sectors of the finance industry.
• Opportunities for industry collaboration through internships and projects with leading financial firms.

To be eligible for the Master of Science in Quantitative Finance program, applicants must meet specific admission requirements. Candidates are expected to submit a completed application along with a non-refundable application fee of $90. Essential documents include academic transcripts, a resume, a statement of purpose, and letters of recommendation (one general and one academic). Standardized test scores such as GRE are required, and applicants must demonstrate proficiency in English through IELTS (minimum score of 7.0) or TOEFL (minimum score of 100).

This program welcomes students from diverse backgrounds and encourages those with quantitative and analytical skills to apply. A strong undergraduate degree in finance, mathematics, statistics, or a related field is preferred, along with a background in calculus and statistics. The average age of students in the program is around 25, with an average work experience of three years, making it a great fit for both recent graduates and professionals looking to advance their careers.

The program has three intakes per year: Summer, Spring, and Fall, allowing for flexibility in starting your academic journey. The tuition fee for the program is approximately $70,452, with various funding options available for eligible students to help ease the financial burden. With the deadline for the Fall intake approaching on July 1st, 2025, now is the perfect time to apply and secure your place in this esteemed program.