QS Rank:

39

New York University

New York
,United States

Program Rank

2

Program Name
Master of Science in Financial Engineering

Deadline
February 15th, 2025
Overview

The Master of Science in Financial Engineering program at New York University is designed to cultivate the next generation of leaders in the financial sector. This rigorous and comprehensive program integrates advanced analytical techniques with financial theory, preparing students to navigate the complexities of modern finance. Over a span of 24 months, students will engage in a curriculum that encompasses core topics such as quantitative finance, risk management, financial markets, and computational methods. The program's unique blend of theoretical knowledge and practical application equips graduates with the necessary tools to excel in a competitive job market.
This master's program is consistently ranked among the top financial engineering programs globally, reflecting the high quality of education and training offered. Students will benefit from a robust academic framework that emphasizes problem-solving and decision-making skills. In addition to the foundational coursework, students have the opportunity to specialize in areas such as financial technology, risk analytics, and portfolio management. This tailored approach allows students to focus on their interests while gaining a comprehensive understanding of the financial engineering landscape.
Furthermore, NYU's Tandon School of Engineering boasts an esteemed faculty composed of industry experts and leading researchers. These instructors leverage their extensive experience to provide students with practical insights and mentorship, enhancing the learning experience. Students will engage in hands-on projects and case studies that mirror real-world challenges, ensuring they are well-prepared to enter the workforce. The faculty's commitment to student success is evident in their personalized teaching methods, which encourage critical thinking and collaboration.
The program also offers unparalleled access to research opportunities within NYU’s extensive network. Students can engage in cutting-edge research projects that address current trends and challenges in the financial industry. Access to state-of-the-art laboratories and resources empowers students to conduct innovative research, potentially leading to publication opportunities in prestigious academic journals. This emphasis on research not only develops students' analytical skills but also enhances their resumes, making them highly attractive candidates for employment upon graduation.
Industry connections are a hallmark of the NYU experience. The program has established partnerships with leading financial institutions, which opens doors for internships and job placements. Students are encouraged to partake in internships, providing them with invaluable work experience and networking opportunities. Many alumni have secured positions at top firms, including investment banks, hedge funds, and regulatory agencies, underscoring the program's strong reputation in the financial community.
Graduates of the Master of Science in Financial Engineering program can expect lucrative career pathways, with median base salaries reaching upwards of $110,000. Alumni have successfully transitioned into roles such as Financial Analysts, Risk Managers, and Chief Financial Officers. The program's focus on employability is further supported by a graduation rate of 88%, indicative of the quality of education and support provided to students.
In summary, the Master of Science in Financial Engineering at NYU is an exceptional opportunity for individuals seeking to deepen their understanding of finance while acquiring practical skills that will lead to successful careers. With its distinguished faculty, robust curriculum, and comprehensive career support, this program stands out as a premier choice for aspiring financial professionals.
Why Study Financial Engineering at New York University
- A highly-ranked program globally, recognized for excellence in financial education.
- Access to expert faculty who are leaders in the field, offering real-world insights and mentorship.
- Opportunities for hands-on research in state-of-the-art labs, encouraging innovation and critical thinking.
- Strong industry connections, providing excellent internship and job placement opportunities.
- Diverse student community, fostering a global perspective and enriching interpersonal skills.
- Comprehensive career support, ensuring students are equipped for successful employment outcomes.
To be eligible for admission into the Master of Science in Financial Engineering program, candidates must meet certain requirements. Applicants should hold a minimum GPA of 3.0, indicating strong academic performance in their undergraduate studies. Additionally, prospective students need to have completed at least 16 years of education, culminating in a bachelor’s degree.
Language proficiency is also a key factor for non-native English speakers. Applicants are required to submit standardized test scores from the IELTS with a minimum score of 7.0. Other accepted tests include the PTE and TOEFL, although they are not mandatory.
The application process involves submitting several documents, including a transcript, a statement of purpose, a resume, and letters of recommendation (both academic and professional). The application fee is set at $90. Prospective students should take note of the application deadlines for the Fall intake, with priority applications due by December 1, 2024, and standard applications by February 15, 2025.
For more details, you can visit the official admission page.

Total Tuition Fees
$80,000

Duration
24 Months

Median Salary
$1,10,000
Ranking
#25
US World and News Report
#24
The World University Rankings
#39
QS World University Rankings

Intake
Fall ( Sept - Nov )
Class Profile

Class Size
25

Average Age
26

Average Work Experience
2 Years
Diversity
Florida:
5%California:
15%Illinois:
4%Texas:
10%New York:
25%Others:
41%Career Outcomes

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

Graduation Rate
88%
Prospective Job Roles
Japanese Financial Analyst
Financial Consultant
Financial Technology Consultant
Financial Risk Manager
Director of Financial Aid
Financial Regulator
Financial Auditor
Financial Advisor
Chief Financial Officer (CFO)
Financial Programmer
Financial Risk Analyst
Financial Journalist
Financial Controller
Higher Education Financial Aid Officer
Top recruiters














Eligibility Criteria

At least 3 / 4 undergraduate GPA is expected.

At least 16 years of bachelor degree.
English Proficiency Tests
IELTS
7
PTE
65
TOEFL
90
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: 90
Transcript
Statement of Purpose
Resume
IELTS
Academic LOR
Professional LOR
Application Deadlines
Priority 1 | Standard Deadline | |
---|---|---|
Fall | Dec 1, 2024 | Feb 15, 2025 |
Fees and Funding

Tuition Fees
$40,000 / year

Overall Cost
$55,000 / year
FAQs
3
NYU Tandon's MSFE program continues to hold the #2 spot in TFE Time's Best Master's of Financial Engineering Programs for 2023 and remains in the top 10 in QuantNet's Best Financial Engineering Programs at #9.
To apply to the MSGF Program you must have a Bachelor degree and strong GPA, with a minimum of five years professional full-time work experience. The Admissions Committee comprises representatives from both schools, and admissions decisions will be made jointly and must be unanimous.
All first-year applicants, regardless of nationality, are eligible to apply for financial aid. Students must submit the CSS Profile in order to be eligible for any NYU institutional aid, which is predominantly need-based.
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