Master of Science in Computational Finance at DePaul University

DePaul University offers a Master of Science in Computational Finance through the Kellstadt Graduate School of Business. This program lasts for 18 months and is designed for students looking to deepen their knowledge in finance and computational methods. The total tuition fee for this program is USD 32,091. To gain admission to this course, students must demonstrate proficiency in English. Accepted tests for English language proficiency include IELTS, TOEFL, and PTE.

The Master of Science in Computational Finance helps students learn about financial models in a clear and mathematical way.

Graduates will use these math tools to solve tough problems in areas like portfolio management, risk management, and financial engineering.

This program is made to meet the industry's need for financial experts who have strong programming skills and a good understanding of financial ideas and business terms.

This degree will help students build important skills such as:

• Turning financial ideas into computer programs
• Creating and using numerical algorithms and analytical techniques
• Studying the pricing of derivative securities
• Understanding and analyzing simulations of financial systems

At the end of the program, students will be able to:

• Show a deep understanding of:
• Stock Valuation Models
• Options Valuation Models

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12th Grade

No specific cutoff is mentioned for 12th grade.

Graduation

Applicants must have a bachelor’s degree from a regionally accredited institution. You should convert your CGPA to GPA to check your eligibility.

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TOEFL

Marks: 80.0

You need a minimum score of 20 in each section. A preferred score is 96 with all section scores of 22 or better.

IELTS

Marks: 7.0

You need a minimum score of 6.5 in each section. A preferred score is 7.5.

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Application Process for DePaul University

Step One: Prepare Documents for Application

• Essays: Write an essay explaining why you are interested in the program and what your professional goals are.
• CV: Submit a resume that lists your work experience and educational background.

Step Two: Additional Documents Required

• Official Transcripts: Provide official transcripts from all schools you have attended that granted degrees.
• GMAT/GRE Scores: Submit scores from the GMAT or GRE exams.
• Course Evaluation: Include a course-by-course evaluation of your transcripts from an accepted evaluation company.
• Proof of English Proficiency: Document your English language skills.
• Letters of Recommendation: These are optional but can strengthen your application.

Step Three: Start Your Online Application

Begin your application by visiting the official DePaul University application portal.

Step Four: Application Fees

• The application fee is USD 60, which is approximately INR 5.06 Thousand.
• Payment Method: You can pay using a credit card.
• Students have the option to pay in installments of 12 months, 10 months, or 6 months.
• These payment plans are interest-free and do not require pre-approval or credit checks.

Step Five: Application Deadline

The deadline for the Fall semester (September) is May 15th. Please note that these dates are tentative and may change. For the most accurate deadline, consult with our expert counselors.

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