MS in Financial Engineering at Columbia University

Columbia University provides a Master of Science in Financial Engineering, which is a 12-month program. The tuition fee for this course is $93,024. To apply for this program, students need to prove their English language skills. Columbia University accepts several English proficiency tests, including IELTS, TOEFL, Duolingo, and PTE. This program is ideal for students aiming to excel in financial engineering and gain a strong foundation in the field.

12th Grade

There is no specific cutoff mentioned for 12th grade requirements.

Graduation

Applicants must have a bachelor's degree from an accepted institution. For the MSFE program, a strong background in subjects like calculus, linear algebra, probability, and statistics is needed. Knowledge of differential equations is helpful. Skills in coding and working with financial models, along with analyzing and mining data, are important. A good understanding of finance concepts, such as derivatives, risk management, portfolio theory, and financial market dynamics, is essential. Keeping up with financial news and market trends can improve your understanding.

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GRE

Marks: No specific cutoff mentioned

The GRE is recommended for future admissions, as it has been a requirement in the past.

TOEFL

Marks: 99.0

There are no minimum score requirements for TOEFL, but you may need to improve your English if you score 99 or lower.

IELTS

Marks: 6.5

There are no minimum score requirements for IELTS, but improving your English may be necessary if you score 6.5 or lower.

DUOLINGO

Marks: No specific cutoff mentioned

There are no specific requirements mentioned for the Duolingo test.

PTE

Marks: 68.0

There are no minimum score requirements for PTE, but you may need to improve your English if you score 68 or lower.

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Step One: Prepare Documents for Application

For your application to Columbia University, you need to prepare the following documents:

• Letters of Recommendation (LOR): Submit three letters of recommendation. At least two should be from academic references unless you completed your bachelor’s degree over five years ago.

Step Two: Additional Documents Required

Make sure you have the following additional documents ready:

• Transcripts: Provide transcripts from every post-secondary institution you have attended.
• GRE Scores: Submit official GRE General Test Scores. The GMAT is optional and can be included as supplementary material if desired. If you choose to include it, submit the score report with your personal statement.
• English Language Proficiency (ELP) Scores: Ensure you have your ELP scores.
• Passport Copy: Include a copy of your passport.

Step Three: Start Your Online Application

Begin your application by visiting the following link: Columbia University Online Application

Step Four: Application Fees

The application fee for this course is USD 85, which is approximately INR 7.16 Thousand. Payment can be made via credit card.

Columbia University offers a flexible payment plan for tuition and fees:

• The Payment Plan is available for the Fall term, Spring term, the annual academic year plan (Fall & Spring), or Summer term.
• There is a $45 annual enrollment fee and a $25 enrollment fee per term (Fall, Spring, and Summer terms). A $30 fee applies if a payment is returned.
• For a Fall term plan, up to 5 payments are available. Plan enrollment closes after November 26.
• For a Spring term plan, up to 5 payments are available. Plan enrollment closes after April 24.

Calculated at the exchange rate of 1 USD = INR 84.27 | Tuition & expenses were last updated in December 2024"