QS Rank:

375

Northeastern University, Boston

Massachusetts
,United States

Program Rank

396

Program Name
Master of Science in Quantitative Finance

Deadline
March 21st, 2025
Overview

Embark on a transformative journey with the Master of Science in Quantitative Finance at Northeastern University, Boston, designed to equip you with the advanced skills necessary to thrive in the dynamic financial landscape. This comprehensive program is tailored to meet the growing demand for professionals who can integrate financial expertise with cutting-edge technological and analytical skills. In an era where finance is increasingly intertwined with technology, the curriculum emphasizes both quantitative techniques and their applications in real-world financial settings.
The D’Amore-McKim School of Business stands out with its innovative approach to finance education. The MS in Quantitative Finance is structured to provide students with a solid foundation in both finance and quantitative analysis. Courses like Financial Econometrics, Risk Management, and Advanced Financial Modeling focus on developing critical thinking skills and mastery over quantitative tools that are essential in today’s finance sector. Furthermore, specialized elective courses allow students to tailor their learning experience to their career aspirations, whether that be in investment banking, financial risk management, or asset management.
Our experienced faculty brings a wealth of knowledge and practical insights to the classroom. With backgrounds in academia, industry, and research, they employ a teaching methodology that combines theoretical foundations with hands-on learning experiences. This includes case studies, simulations, and collaborative projects that challenge students to apply their knowledge in practical scenarios. This interactive approach not only enhances understanding but also prepares students for the collaborative nature of today's financial industry.
At Northeastern, we recognize the importance of research and innovation in finance, and we provide numerous opportunities for students to engage in cutting-edge research projects. The university's strong funding and resources enable students to work alongside faculty on significant research endeavors, contributing to published papers and presenting findings at conferences. The program also encourages participation in industry-sponsored research, allowing students to work on real-world problems and propose data-driven solutions.
Networking and career advancement are integral parts of the MS in Quantitative Finance experience. Northeastern's extensive connections with leading financial institutions offer students valuable internship possibilities and job placements. The school's focus on experiential learning means that students can apply classroom concepts in live environments, enhancing their resumes and building professional networks. Moreover, the university’s career services provide tailored support, from resume workshops to interview preparation, ensuring students are well-equipped to enter the job market with confidence.
Graduates from the MS in Quantitative Finance program enjoy impressive career outcomes, with a job placement rate of 95%. Alumni have landed successful roles in top firms as Financial Analysts, Investment Bankers, and Chief Financial Officers, to name a few. The median base salary for graduates is approximately $75,000, reflecting the program's effectiveness in preparing students for high-demand financial careers. Testimonials from alumni highlight their readiness for the workforce and the value of the practical skills gained during their studies.
In addition to the standout curriculum and faculty, the Northeastern program is distinguished by its STEM designation. This designation is particularly significant for international students, as it provides an opportunity to apply for a work visa extending up to 36 months post-graduation. This gives graduates the chance to gain essential work experience in the United States and make meaningful contributions to the field of finance.
Why Study Quantitative Finance at Northeastern University?
- Robust curriculum that combines finance theory with quantitative analysis and technology.
- Experienced faculty with industry connections, ensuring students gain valuable insights and mentorship.
- Hands-on learning opportunities through experiential projects, internships, and the student-led 360 Huntington Fund.
- STEM-designated program allowing international students to extend their stay for practical training.
- High job placement rates and competitive salaries for graduates in various financial sectors.
To be eligible for admission to this prestigious program, applicants should have a solid academic background in business or a related quantitative field. The application process requires submission of several documents, including official transcripts, a resume, and a personal essay. Language proficiency is mandatory, with minimum scores set for tests like the TOEFL and IELTS. While the GRE is not a strict requirement, it is recommended for applicants looking to strengthen their application further.
With an acceptance rate of only 19%, Northeastern’s MS in Quantitative Finance is competitive, attracting some of the best minds from around the globe. Students should prepare for an engaging learning environment that not only fosters academic excellence but also supports personal growth and professional development.
In summary, the Master of Science in Quantitative Finance at Northeastern University, Boston, integrates a rigorous curriculum, experienced faculty, and extensive industry connections. This program is an excellent choice for those looking to advance their careers in finance through a blend of quantitative skills and practical experience. Your journey towards becoming a proficient financial expert begins here.

Total Tuition Fees
$54,500

Duration
16 Months

Median Salary
$75,000
Ranking
#176
US World and News Report
#375
QS World University Rankings

Intake
Fall ( Sept - Nov )
Class Profile

Class Size
30

Average Age
25

Average Work Experience
1 Years
Diversity
Two or more races:
4%Others:
1%Hispanic or Latino:
13%Asian:
26%Black or African American:
8%White:
48%Career Outcomes
Finance, like so many other industries, is facing rapid changes thanks to technology and innovation. Today's employers need qualified financial experts who are equipped to make the right decisions in that evolving world. New positions require both quantitative and technical skills on top of financial expertise. Deep finance knowledge coupled with training in computer science, engineering, mathematics, statistics, and econometrics can open doors.
At Northeastern, we know what recruiters are looking for in the field of finance. That's why we designed our MS in Finance to prepare you specifically for the opportunities created by advances in technology.

Median Earnings After Graduation
$75,000 / year

Graduation Rate
97%

Job Placement
95%
Prospective Job Roles
Financial Risk Manager
Senior Financial Analyst
Financial Advisor
Financial Analyst
Investment Banker
Chief Financial Officer
Director of Finance
Financial Planner
Consultant
Management Analyst
Top recruiters

















Eligibility Criteria
English Proficiency Tests
TOEFL
80
IELTS
6.5
Standardised Test Score
GRE
315
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: 100
Transcript
Passport
Resume
Essay
TOEFL
IELTS
General LOR
Interview
GRE
Application Deadlines
Priority 1 | Standard Deadline | Round 3 | |
---|---|---|---|
Fall | Nov 9, 2024 | Feb 1, 2025 | Mar 21, 2025 |
Fees and Funding

Tuition Fees
$54,500 / year

Overall Cost
$75,555 / year
Funding Options
Department Funding
Scholarships
Northeastern University Presidential Scholarship
Northeastern University Dean's Scholarship
Northeastern University Graduate Assistantship
The Northeastern University Presidential Scholarship
The Northeastern University Dean's Scholarship
The Northeastern University Scholarship
The Northeastern University Financial Aid Program
FAQs
You will need to provide official transcripts prior to enrollment. Official transcripts are verified documents that come directly from your institution through a transcript service. Official transcripts must include degree conferral date, so transcripts should be requested after graduation. If you have earned a degree outside the U.S., you must provide a course-by-course international credential evaluation, which must be written in or translated into English. The credential evaluation will serve as your official transcript. The Admissions Committee will accept an evaluation by any organization recognized by the National Association of Credential Evaluation Services (www.naces.org/members). Many of our applicants use World Education Services (www.wes.org).
Many of our programs require the submission of a Kira Talent online assessment, and some programs will invite select candidates for Zoom interviews. You may be invited for a Zoom interview by our admissions team. These interviews are conducted by our admissions representatives, who will provide interview details when the date and time are scheduled.You may be invited for a Zoom interview by our admissions team. These interviews are conducted by our admissions representatives, who will provide interview details when the date and time are scheduled.
What makes you stand out as an applicant? Find out what makes a strong personal statement and what graduate admissions at the D'Amore-McKim School of Business would like to learn about you.
We are not accepting paper copies of admissions documents submitted through the mail, with the exception of official transcripts.
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