MFE in Financial Engineering

University of California, Berkeley (United States) ยท University Avenue and, Oxford St, Berkeley, CA 94720, United States

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The University of California, Berkeley (UC Berkeley, Berkeley, Cal, or California) is a public land-grant research university in Berkeley, California. Founded in 1868 and named after Anglo-Irish philosopher George Berkeley, it is the state's first land-grant university and the founding campus of the University of California system. Berkeley is also a founding member of the Association of American Universities. It has been regarded as one of the top universities in the world.Berkeley is classified among "R1: Doctoral Universities—Very high research activity" and has three national laboratories for the U.S. Department of Energy (Lawrence Berkeley National Laboratory, Lawrence Livermore National Laboratory, and Los Alamos National Laboratory).Between 2001 and 2010, it was the No. 1 recipient of National Science Foundation Graduate Research Fellowships with 1,333 awards.In 2021, the funding for research and development exceeded $1 billion.Thirty-two libraries compose the Berkeley library system, which is the sixth largest research library by number of volumes in the United States.Berkeley's athletic teams, the California Golden Bears, compete in the Pac-12 Conference and have won 107 national championships and 223 Olympic medals (121 gold).

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Program Details:

Program Website

Basic Info

Institute

Haas School of Business

Degree

MFE

Duration

1 year

STEM Designated

Yes

Program

Financial Engineering

Expense

Living Expenses

USD 31000

Tuition Fee (Domestic)

USD 87100

Tuition Fee (International)

USD 87100

Eligibility

Minimum/ Avg Score

TOEFL

90

IELTS

7

GRE Quant

169

GRE Verbal

158

Undergrad GPA

3

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Deadlines:

Deadline Website

Intake Deadline 1

01 Apr, 2026

(January-2026)

Intake Deadline 2

05 Jun, 2026

(January-2026)

01 Oct, 2026

(January-2026)

15 Oct, 2026

(January-2026)

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Document Required:

  • Degree Certificate

    Common Document

  • Degree Transcript

    Common Document

  • Essay

    University Specific

    1- Please discuss why you have decided to apply to the MFE at this time and what career path you intend to pursue post-MFE. 2-If you have ever been placed on academic probation, been dismissed from a school, or received a failing grade (including non-graded courses for which you received an assessment of unsatisfactory or "not pass"), please explain. If not applicable, put N/A.

  • Letter of Recommendation (LOR)

    University Specific

    Letters should come from individuals who are familiar with your training in quantitative methods, and their remarks should address your ability to apply your quantitative skills. Recommendation letters should be written by an individual in a position to evaluate you either professionally or academically (e.g., a supervisor, project leader, or instructor). Recommendations from co-workers, friends, or family members are inadmissible.

  • Resume

    Common Document

    The resume provides a snapshot of your education and professional experience. Upload a one-page resume in a standard business format. A second page may be used if you have extensive business or research experience.

  • Test Score Report

    Common Document

    TOEFL/IELTS

  • Video Essay

    University Specific

    A webcam and microphone are required for this section. Please be sure you are in a quiet and well-lit environment before you begin. You are allowed two attempts to record your Video Essay, and your response can be no longer than two minutes.

  • Personal Insight Questions

    University Specific

    These questions address additional aspects of your application and should be answered as succinctly as possible (250 words maximum per question). 1- What do you view as a particular strength of yours? What do you view as a particular weakness? 2- Do you feel that your academic record is an accurate reflection of your ability and potential? In comparison to your college friends and classmates, do you feel that you were particularly advantaged or disadvantaged? Please explain. 3- Provide an account of any gaps in your employment since your undergraduate degree.

  • Test Score Report

    Common Document

    GMAT/GRE

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