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Master of Quantitative Finance
at Rutgers University, Newark

3.6 /5

(2 Reviews)

Shiksha popularity ranking

#153 in MS in USA

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Public University
Rutgers Business School- Newark and New Brunswick

Master of Quantitative Finance
at
Rutgers University
Overview

Rutgers Business School- Newark and New Brunswick at Rutgers University offers Master of Quantitative Finance. The 18 months Degree course has primary stream as Business & Management Studies. The Rutgers University tuition fees for international students is USD 50754.0. The Degree course offered by the at Rutgers University requires IELTS, TOEFL, and PTE. Graduation cutoff for admission is CGPA - 3.5/4.

Duration	18 months
Course Level	PG Degree
Mode of Course	Full Time
International Students Admission Website	Go to Website
Tuition & Fees	₹43.96 Lakh View full breakup
Type of University	Public
Official Career Service Website	Go to Website

Master of Quantitative Finance
at
Rutgers University
Fees

1st year tuition fees

Fees components	Amount (for 1 year)
Tuition & fees	INR 43,96,312

Other expenses in 1st Year

Fees components	Amount (for 1 year)
Hostel & Meals	INR 14,05,236
Insurance	INR 2,37,425
Transportation	INR 1,27,765
Campus fees	INR 1,51,931
Application fee	INR 6,063
Total approximate fees	INR 19,28,420

Calculated at the exchange rate of 1 USD = INR 86.62 | Tuition & expenses were last updated on 4ᵗʰ February 2025

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Master of Quantitative Finance
at
Rutgers University
Entry Requirements

Requirements for 12th grade Lock Icon

No specific cutoff mentioned

Graduation Lock Icon

CGPA - 3.5/4
Applicants with three-year Indian bachelor’s degrees may be considered equivalent to a U.S. bachelor degree without evaluation as long as they have been earned in Division I/First Class and the awarding institution is currently accredited by India’s National Assessment and Accreditation Council (NAAC) with a letter grade of “A” or better

The typical GPA is 3.5 or greater of students admitted into the program

Applicants must have completed at least one full year of calculus, upper-level probability and statistics, linear algebra and differential equations
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GPA

Percentage

CGPA

TOEFL

No specific cutoff mentioned
The average TOEFL score is 100 of students admitted into the program

Register for TOEFL iBT® Test Today and get ?1500 Off. Use code SHIKTOEFL to avail the discount. Hurry Register now for TOEFL
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GPA

Percentage

CGPA

GMAT

No specific cutoff mentioned
Typical GMAT scores are 700 or greater of students admitted into the program

PTE

Marks - 68/90
NA

IELTS

No specific cutoff mentioned
The average IELTS is a 7 or above of students admitted into the program

Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS
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GRE

No specific cutoff mentioned
The average scores for students admitted to the program are 167 quantitative and 152 verbal

Other eligibility criteria Lock Icon

The university will consider: How many quantitative classes the applicant has taken What kinds of classes those were (i.e. introductory/survey courses vs. a full sequence (e.g. Calculus I, II, & III) How well the applicant did in those classes

Conditional Offer Lock Icon

Yes
Rutgers University–Camden offers conditional admission for many degree programs at the undergraduate and graduate level to academically qualified international applicants who do not yet meet the University’s English proficiency requirements. *Conditionally admitted students may satisfy their English proficiency requirements by either: 1. achieving a minimum score of 79 on the TOEFL IBT or 6 on the IELTS exam; or 2. successfully completing ELS Language Center’s intensive English for Academic Purposes Level 112.
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Which exams out of the above do I need to give?

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Master of Quantitative Finance
at
Rutgers University
Application Process

Step one

Prepare documents for application

ESSAYS

All applicants are required to write a personal essay which should cover the following topics:
- Why are you interested in quantitative finance?
- How is your background appropriate for quantitative finance?
- Why did you choose the MQF program at Rutgers Business School?
- What are your career objectives?
- What have you done to prepare for our program?

Submit current resume

Step two

Additional documents required

Academic transcripts
Official GMAT or GRE scores
Official English Language proficiency scores
Upload the Financial Affidavit of Support and all financial documents such as bank statement to the application portal

Step three

Start your online application

https://www.business.rutgers.edu/masters-quantitative-finance/admissions

Step four

Application fees for this course

USD 70 = INR 6.06 Thousand

Mode of payment: Credit card

Students can pay their fees in installments
There is a $50 enrollment fee per semester
For Fall Enrollment:
- 5 August - 25% is required as down payment and the rest amount is payable in 3 equal installments from August-October
- 5 September - 25% is required as down payment and the rest amount is payable in 2 equal installments from September-October
Plan payments are automatically processed on the 15th of each month

Step five

Application deadline

Fall (Aug): 1st May

*The dates specified are tentative dates as per the previous year records. Our expert counselors can help with exact deadline date. Connect with the expert now!

Master of Quantitative Finance
at
Rutgers University
Rankings

Course Ranking

University Ranking

Rank	Rank Publisher
#85	Pharmacy and Pharmacology QS, 2024
#126	PG Computer Science THE (Times Higher Education), 2022

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Master of Quantitative Finance
at
Rutgers University
Placements

Particulars

Statistics (2021)

Internship Available

Yes,

MQF Internship is an integral and important enhancement to class lectures, readings, and student assignments. The internship provides students practical experience in the quantitative finance field with the opportunity to experience theory in the business environment In the final semester of the program, students who need less than the full-time course load to complete the program are permitted to obtain a full-time internship

Top Recruiters for Rutgers University

Bank of America

Barclays Capital

Bloomberg

HSBC

Morgan Stanley

UBS

View placement details

Rutgers University
Students Ratings & Reviews

3.6/5

2 Verified Reviews Info Icon

Vibe of Campus

Fun loving
Academically oriented

Student Views

0% students never faced discrimination in this university

Internships3

Part time work3

Post study jobs3.5

Quality of faculty4

Student Life4.5

Value for money3.5

Public transportation4

Safety4

Indian Food4

Permanent Immigration2.5

Anonymous

Bachelor of Science in Finance - Batch of 2026

Offered by Rutgers University

3.5

The university is great and it matched with the expectations.

Tips: You will experience a really inclusive and dynamic campus life. There will always be something to do especially if you are someone interested in extracurriculars. I was an active part of the hiking and camping clubs which made college life a lot more fun and eventful. Overall, I am satisfied with my experience.

Reviewed on 18 Jul 2024Read more

Harshit Varshney Verified Icon

MA in History - Batch of 2024

Offered by Rutgers University

3.7

The university is great with good atmosphere and it has been an enjoyable experience.

Tips: I have been attending this university for the last few years and I have learned something new every semester, both in and outside of the classroom. Our professors and faculty are understanding and knowledgeable and will help you with any problem. Classroom discussions are quite enjoyable, fun and quite a learning. Overall, I am content and satisfied with my course and college.

Reviewed on 31 Jul 2024Read more

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Master of Quantitative Finance
at
Rutgers University
Highlights

The Rutgers Master of Quantitative Finance Program is a unique and exciting degree program designed to prepare students for employment in this interdisciplinary, technologically sophisticated, specialized field
The program consists of 45 credits (30 core and 15 elective) and can be taken on either a full-time basis to be completed in three semesters (not including summer sessions) or a part-time basis to be completed in three years (not including summer sessions)
The role of these professionals is also changing in response to technological advances; finance professionals now perform more analysis and serve directly with senior management in planning for profit maximization