QS Rank:
416
Stony Brook University
New York
,United States
Program Rank
18
Program Name
Master of Science in Quantitative Finance
Deadline
July 15th, 2025
Overview
View Official pageTotal Tuition Fees
$45,000
Duration
18 Months
Median Salary
$1,10,000
Ranking
#77
US World and News Report
#416
QS World University Rankings
Intake
Fall ( Sept - Nov )
Intake
Spring ( Apr - June )
Class Profile
Class Size
25
Average Age
26
Average Work Experience
2 Years
Diversity
California:
20%Florida:
5%New York:
40%Texas:
10%Illinois:
3%Others:
22%Career Outcomes
Median Earnings After Graduation
$1,10,000 / year
Graduation Rate
76%
Prospective Job Roles
Quantitative Researcher
Director of Financial Aid
China Finance Analyst
Financial Crime Investigator
Financial Advisor
Quantitative Analyst
Finance
Manager of Finance
Finance Director
Quantitative Risk Analyst
Quantity Surveyor
Financial Controller
Top recruiters
Eligibility Criteria
At least 3 / 4 undergraduate GPA is expected.
At least 16 years of bachelor degree.
English Proficiency Tests
IELTS
6.5
TOEFL
80
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
Statement of Purpose
Resume
IELTS
Academic LOR
Professional LOR
Academic LOR
Application Deadlines
Standard Deadline | Consideration | |
---|---|---|
Fall | Jul 15, 2025 | Dec 15, 2024 |
Spring | Oct 15, 2024 | N/A |
Fees and Funding
Tuition Fees
$30,000 / year
Overall Cost
$46,000 / year
FAQs
It is possible to be admitted as a Part-Time Student, however, there is no organized part-time program per se which will guarantee that all of the required classes are available in the evening. Thus, successful completion of the MS program will typically require some daytime classes.
AMS offers a BS, an MS and PhD degrees as well as Advanced Graduate Certificates in various fields. Various programs exist as tracks within the AMS Department and not as separate degree programs. Upon successful completion, you will be awarded a degree in Applied Mathematics and Statistics.
A strong background in Applied Mathematics and Statistics and the interdisciplinary nature of the AMS department gives students unusual advantages and flexibility; e.g. a student interested in portfolio management may work with a professor in Operations Research who specializes in Optimization. Another, who wishes to study methods for using market data to calibrate Options models might interact with a faculty member in Statistics. And a third, who wants to explore Parallel Computing in Monte Carlo techniques might work with a professor in Computational Applied Mathematics or Computer Science.
The training in Quantitative Finance focuses on the following aspects: The required courses cover standard topics in QF including investment science, portfolio optimizations, financial time series, pricing theory, interest rate models, high-frequency trading, risk management and so on. Students can follow different course sequences to master their knowledge in different areas of QF. Elective courses are split into five areas: A) Stochastic calculus, optimization and operations research B) Statistics and data analytics C) Computational methods and algorithms D) Advanced topics in risk management, high frequency trading E) Machine learning and big data QF Courses are taught by top academic professors and experienced financial practitioners. Students are exposed to various research and practical problems and can interact with both academic faculty and practitioners.
Quantitative Finance is an applied science dealing with the application of Mathematics and Computer Science in the finance sector. The discipline is also known as Financial Mathematics, Financial Engineering and Computational Finance, depending upon the problems or techniques emphasized.
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