1. Carnegie Mellon University

The MSCF project of computational finance in Carnegie Mellon University is a pioneer of financial engineering in the United States and the first FE-related project in the United States with a long history. MSCF is located under Tepper Business School and accepts GMAT scores. 1.5 year project, the tuition is extremely expensive but the scholarship is the most generous. The course pays more attention to computer programming and financial practice, and is one of the best courses in all MFE projects. It likes students with good computer background, attaches importance to work experience, and interviews candidates, which makes it more difficult to apply. Its review materials are slow and there are many rounds.

Master's application conditions

1. Undergraduate engineering background: mathematics, computer, engineering, economics.

2. background: at least two semesters of calculus (differential equation, linear)

Algebra and Probability Course Based on Calculus)

3. Computer applications: C, C++

4. Relevant working experience is preferred.

2. Columbia University Columbia University

Columbia University, located in Manhattan, new york, is an Ivy League school. It is very friendly to the people of China and very popular with us. It has two projects, and what we are talking about now is MSFE, which is located under the IEOR department of the Institute of Technology. There are few scholarships, and the courses pay more attention to practice, and the background requirements for applicants are strict, preferably in mathematics or physics. Although the official claims to have five years of work experience, some undergraduate talents will be recruited when they are actually admitted. But note that this project is 1 year, and there is no internship time.

Application conditions

The minimum requirements for TOEFL and IELTS of Columbia University MAFN project are 100 and 7.5 respectively. The project accepts GRE and GMAT, but prefers GRE. Regardless of work experience, TOEFL 100+ and GRE 325+ are easier to enroll.

3. Cornell University

Cornell's MFE is located under the ORIE department of the Institute of Technology, which is a direction of the Master of Engineering. 1.5 years, scholarship opportunities, courses with engineering flavor (computer, engineering mathematics, etc. ), applicants are required to have certain mathematical ability and compilation ability, and some people will have interviews.

Application conditions for financial engineering specialty

1. Hardware requirements:

The project has strict grades for students' grades, with the lowest TOEFL score of 100, 22 points for speaking, 20 points for reading, 20 points for listening 15 and 20 points for writing. Moreover, Cornell University has also made corresponding settings in the online application system. If the score is not small enough, it cannot be submitted. Students must not take chances.

There are no minimum requirements for GPA and GRE, but according to the latest admission data, the average GPA is 3.68, the average GRE-Q 169, V- 156, A3.5, so the hardware requirements for students are still relatively high.

2. Application background: The project requires that you must have taken engineering calculus (including linear algebra and vector calculus), probability statistics based on calculus, and intermediate computer programming such as C, C++, Java or

MATLAB, as well as a basic financial course, strongly recommends that students can also learn stochastic processes and master C++. Therefore, students should supplement the courses that the whole school attaches importance to in time according to their existing courses.

3.

Work experience: Most projects are students with no work experience, so there is no strict requirement for work experience, but high-quality internships are very advantageous for applications. Therefore, experts from all over the world suggest that students should pay attention to the quality of internship and show their quantitative skills when choosing a well-known internship company.

4. new york University new york University

This project is located in Courant Institute of Mathematical Sciences, new york University. It is a 1.5-year project with a strong sense of mathematics. The courses are basically fixed, non-selective and there are no scholarships. Scholars in Courant are descendants of the classic Gottingen school of mathematics in Europe, and they are the top applied mathematics research departments in the world. Only about 30 people are recruited, so the competitive application for this project is as difficult as Princeton. This project attaches great importance to the applicant's mathematical background.

5. Princeton University Princeton University

This project was established at the Bendheim Center of Princeton University.

Finance, a two-year program, provides scholarships for the best applicants. Different from other MFEs, its courses are comprehensive (after all, it is two years) and pay more attention to theory. There is also a special summer.

Interns provide internship opportunities for students. This program is different from MFE. It attaches great importance to finance (not just mathematics) and is difficult to apply. There are only about 30 students in the class, and the admission rate is high.

There will be interviews below 5%, and talents who are excellent in all aspects will definitely have opportunities, and most of them have work experience. Basically, mainland (excluding Hong Kong) undergraduates are not directly admitted.

Application conditions for financial engineering specialty

Degree background requirements: there is no degree background requirement, but applicants are generally required to graduate from a four-year regular university and obtain a bachelor's degree.

Language requirements: in the fall semester of 20 15, Princeton graduate school did not set the minimum TOEFL and

Ielts requirements, requirements. However, according to the requirements of previous years, Princeton graduate students require TOEFL scores not less than104; According to IELTS Chinese official website, the IELTS requirement for Princeton graduate students is 7.0.

Points. Therefore, in summary, the TOEFL score of foreign students should not be lower than 100, and the IELTS score should not be lower than 7.0.

GPA requirements: there is no minimum GPA score requirement.

GRE requirements: All majors need GRE scores, and some majors also need GRE subjects.

6. Rutgers University

Rutgers University has two courses in financial engineering. The Master of Mathematics and Finance (MSMF) belongs to the Department of Mathematics.

MQF belongs to business school. The courses studied by MSMF are mainly taught by math teachers, and the final graduation certificate is also a master's degree.

Science is in mathematics, but the research direction is mathematics.

Finance. The school's MSMF course financial engineering ranking 12. It is a course project with very high gold content. Because the school is only 30 minutes' drive from new york, its geographical advantage in financial industry is also very obvious.

Application conditions for financial engineering specialty

Report cards of all post-high school education. Send it directly from the school to Rutgers University, and the transcript needs to be stamped by the school. )

GRE: Only GRE scores are accepted, not GMAT scores. The quantitative score is above 750, and the oral score is above 500 (non-English native speakers need to score above 400). No special grades are required, but they can be submitted.

TOEFL: score above 2 13 in computer test and 550 in written test. The online test score is above 83, including 22 for writing, 23 for speaking, 2 1 for reading and 0/7 for listening. This grade is valid for two years. The minimum score limit will fluctuate according to the applicant's situation.

Note: GRE and TOEFL scores should be sent directly from ETS.

IELTS: 7 or above.

Three letters of recommendation

Personal statement (online only)

7. Stanford University

The world-famous Stanford University has a high reputation for admission. This project is located under the Department of Mathematics, 1- 1.5 years. There is no scholarship, and the course is very theoretical, focusing on research. For example, you can choose the doctoral course of Professor Duffie from Stanford Business School. He is a world-class master of asset pricing theory. This program enrolls 30 students every year, and a small part of it is aimed at Stanford undergraduates. Among many schools offering MFE programs, Stanford is not the most competitive, but the admission criteria are the most stringent. Applicants should have a very good mathematical foundation and a good understanding of the financial industry.

8. University of California, Berkeley

Berkeley is second only to Stanford in the western United States. Berkeley's MFE project is the most famous in the United States and is the chief representative of this project. Located in Haas Business School, the 1 year program seems to have no scholarship, but only spring admission. Berkeley's MFE attaches great importance to practice, and because it is the boss of MFE, its reputation is unknown, and its graduates have very good employment. Recruit 60 people every year and attach great importance to work experience, which has become an invisible standard for admission to Berkeley. However, unlike other cattle schools, it does not demand applicants in some details, but attaches importance to comprehensive indicators and practical ability.

9. University of Chicago University of Chicago

This project is located under the Department of Mathematics, and the course is very theoretical and has a strong sense of mathematics (which is in line with the research characteristics of the University of Chicago). 1 year no scholarship, that is, no internship time. The requirements of the University of Chicago for TOEFL scores are the most abnormal in the United States (the new TOEFL score is above 26), and many people are admitted to his home every year. It is also worth noting that some people can be admitted without meeting the individual requirements of TOEFL, but it depends on the conditions.

10. University of Michigan at ann arbor.

Its MFE is located in Rackham Graduate School. 1.5 years, no scholarship, start preschool teaching in July. Courses are very flexible, and many courses in business schools, engineering schools and mathematics departments can be freely chosen. This project used to recruit more than 70 people. It used to be easy to apply, but the number of people decreased year by year, the admission rate dropped sharply, and the interview began. This project can be extended to two years, and you can find an internship during the summer vacation.