Master of Financial Engineering atUC Berkeley Haas School of Business

Duration

1 year (Full Time)

Course Level

PG Degree

International Students Admission Website

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Type of University

Public

Year of establishment

1868

Highlights

  • The program is ranked as No. 1 in 2018 in the USA by TFE Times
  • The Berkeley Master of Financial Engineering Program, a STEM designated degree, prepares students with the knowledge and skills for a career in the finance/fintech industry
  • The MFE Program's curriculum challenges students to think of innovative ways to integrate quantitative methods with the theoretical framework and institutional settings in which they are applied
  • The program is taught by a renowned faculty comprised of prominent scholars and industry luminaries, MFE courses are anchored in cutting-edge research and best practices in financial engineering
  • Graduates will be ready to take a leading role in a fast-growing field that demands individuals who can apply their education and skills at the cutting edge of finance in investment banks, commercial banks, and other firms around the world
  • MFE graduates received job offers in each of the previous four years at the highest average starting salary of any similar program
  • Students have the option of completing a one-credit project or three-credit project. The $5,000 Morgan Stanley Applied Finance Project Award is given to the best three-credit project

Ranking

  • University Rankings
    • #5

      - ARWU (Shanghai Ranking) 2021

    • #32

      - QS 2022

    • #8

      - THE (Times Higher Education) 2022

    • #4

      - US News & World Report 2022

    • #22

      - US News & World Report 2022

Fees & Expenses
1st year tuition fees
Fees componentsAmount
Tuition & feesINR 61,93,406
Other expenses in 1st Year
Fees componentsAmount
Hostel & MealsINR 14,37,278
InsuranceINR 5,59,409
Books and SuppliesINR 71,905
Application FeeINR 22,676
TotalINR 20,91,268

Calculated at the exchange rate of 1 USD = INR 82.46

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Tuition & expenses were last updated on 9ᵗʰ December 2021

Entry Requirements

QualificationEntry Criteria
12th

No specific cutoff mentioned

Graduation

No specific cutoff mentioned

  • Graduates of recognized academic institutions outside the U.S. should have completed degree programs representing a minimum of 16 years of schooling with at least 12 years at the primary and secondary levels
  • Prerequisites:
    • Computer Programming- C++, Matlab, Python, r, Machine Learning
    • Quantitative- Calculus, Linear Algebra, Partial Differential Equations, Statistics, Numerical Analysis
    • Finance
    • Excellent writing, speaking, and presentation skills

TOEFL

Marks - 90/120

GMAT

No specific cutoff mentioned

IELTS

Marks - 7/9

GRE

No specific cutoff mentioned

Other eligibility criteria
  • Official Transcripts
  • Essay
  • Two Letters of Recommendation
  • Video Essay
  • Interviews are conducted on an invitation-only basis
  • GRE/GMAT scores. Either GMAT or GRE is required
  • Recommended post-university work experience. Preferred but not required
  • Proof of English Language proficiency
Conditional Offer

Yes

Every offer of admission is conditional. All admitted students have conditions that must be met in order to sustain Berkeley’s offer of admission. When accepting the offer, every admitted student is prompted to read and accept each of their conditions. they can find a printable version of their Conditions of Admission in the MAP@Berkeley portal, along with a printable version of your admission letter. Each condition check box must be selected. The student must then click Continue in order to progress to the admission deposit payment screen

Scholarships
Scholarship information is not available. You can apply to non-college specific scholarships available for USA.
Profile
Average Class profile for this course
Bachelors GPA / Percentage3.6
Student Age26 Years

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