MSc in Computational Finance

Carnegie Mellon University (United States) · 5000 Forbes Ave, Pittsburgh, PA 15213, USA

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Carnegie Mellon University is a private institution that was founded in 1900. It has a total undergraduate enrollment of 7,022, its setting is urban, and the campus size is 155 acres. It utilizes a semester-based academic calendar. Carnegie Mellon University's ranking in the 2021 edition of Best Colleges is National Universities, #26. Its tuition and fees are $58,924. Carnegie Mellon University, founded by industrialist and philanthropist Andrew Carnegie, is located in Pittsburgh, which offers dining and entertainment options as well as professional sports teams including the Penguins (hockey), Steelers (football) and Pirates (baseball). Only freshmen are required to live on campus, but the university guarantees housing for all four years, and the majority of students choose to remain on campus. Nearly 20 percent of the student population is affiliated with Greek life, which consists of more than 20 fraternities and sororities. The Carnegie Mellon Tartans compete in NCAA Division III competitions, and the Kiltie Band, which sports full Scottish regalia, performs at every home football game. Carnegie Mellon is known for its programs in science and technology, but its seven schools and colleges include the College of Fine Arts and the Dietrich College of Humanities and Social Sciences. Its graduate programs include the highly ranked Tepper School of Business, Carnegie Institute of Technology and School of Computer Science. Undergraduates at Carnegie Mellon have the opportunity to participate in research and can even receive grants or summer fellowships to support research in their field of study. Randy Pausch, author of the New York Times best-selling book "The Last Lecture," was a professor at Carnegie Mellon.

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Program Details:

Program Website

Basic Info

Institute

Tepper School of Business

Degree

MSc

Duration

2 years

STEM Designated

Yes

Program

Computational Finance

Expense

Living Expenses

USD 35600

Tuition Fee (Domestic)

USD 66400

Tuition Fee (International)

USD 66400

Eligibility

Minimum/ Avg Score

TOEFL

102

IELTS

7.5

Undergrad GPA

3.84

GMAT (Old)

735

GRE Quant

169

GRE Verbal

161

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Deadlines:

Deadline Website

Intake Deadline 1

Document Required:

  • Degree Transcript

    Common Document

    Applicants are required to upload legible scanned/digitized copies of official transcripts and degree certificates indicating name, degree earned and the date the degree was completed (if applicable) for ALL institutions attended, including exchange programs and transfer credits.

  • Essay

    University Specific

    You are first required to select your desired post-MSCF career path from a pre-defined choice group. You will then respond to the following two short answer essay topics: Provide examples from your past professional or academic experience that highlight skills you have developed that will be directly applied in your above-selected functional area. (350 word max)

  • Letter of Recommendation (LOR)

    University Specific

    Three Letters of Recommendation are required. Choose individuals who know you well and are able to provide specific and relevant information about your potential for academic and career success. In particular, we seek recommendation letters that can speak to your abilities in mathematics, statistics, computer science and applied finance. Additionally, select recommenders who will be able to assess your communication skills, particularly in English, your motivation, work ethic and ability to work collaboratively on a team. If you are currently a full-time student or a recent graduate (within the past three years), you should submit one recommendation from an academic source. The admissions committee prefers at least one recommendation from a professional relationship. Prior to submitting your application, you will input your recommender’s contact information in the online system. While you will complete the recommendation section of the application prior to submitting, aim to have your recommender submit their recommendation within a week of the application deadline. This is important because your application will not be forwarded to the Admissions Committee until the recommendation is received.

  • Resume

    Common Document

    Your resume should be one to two pages and highlight the achievements you have made in your professional career, using a standard (i.e. Times New Roman or Arial), 12-pt. font. It is REQUIRED that your resume includes the month and year for starting and ending dates for each position held

  • Test Score Report

    Common Document

    GRE/GMAT

  • Video Essay

    University Specific

    For your 90-second video essay, we want to learn more about your background and your professional motivation. You are required to respond to the following prompt: Provide the specific steps you took and resources you utilized to secure a previous academic or professional opportunity. Explain how this experience will benefit you in your desired career path.

  • Test Score Report

    Common Document

    TOEFL/IELTS

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