Master of Financial Engineering
at UC Berkeley, Berkeley

4.6 /5

(4 Reviews)

Shiksha popularity ranking

#3 in MS in USA

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Public University
Haas School of Business

Master of Financial Engineering
at
UC Berkeley
Overview

Haas School of Business at UC Berkeley offers Master of Financial Engineering. The 1 year Degree course has primary stream as Business & Management Studies. The UC Berkeley tuition fees for international students is USD 82901.0. The Degree course offered by the at UC Berkeley requires IELTS and TOEFL. Graduation cutoff for admission is CGPA - 3.0/4.

Duration	1 year
Course Level	PG Degree
Mode of Course	Full Time
International Students Admission Website	Go to Website
Tuition & Fees	₹71.81 Lakh View full breakup
Type of University	Public
Official Career Service Website	Go to Website

Master of Financial Engineering
at
UC Berkeley
Fees

1st year tuition fees

Fees components	Amount (for 1 year)
Tuition & fees	INR 71,80,885

Other expenses in 1st Year

Fees components	Amount (for 1 year)
Hostel & Meals	INR 19,09,105
Insurance	INR 5,58,006
Transportation	INR 3,18,935
Miscellaneous and Personal	INR 2,74,585
Application Fee	INR 23,821
Books and supplies	INR 63,579
Total approximate fees	INR 31,48,031

Calculated at the exchange rate of 1 USD = INR 86.62 | Tuition & expenses were last updated on 9ᵗʰ January 2025

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Master of Financial Engineering
at
UC Berkeley
Curriculum

Latest curriculum for Master of Financial Engineering at UC Berkeley can be downloaded from the below link. The curriculum PDF has semester wise course structure, electives and detailed course content. You can also check course curriculum of other specializations offered in MS at UC Berkeley

Master of Financial Engineering
at
UC Berkeley
Entry Requirements

Requirements for 12th grade Lock Icon

No specific cutoff mentioned

Graduation Lock Icon

CGPA - 3/4
Applicants should have sufficient training to undertake graduate study in the chosen field and a satisfactory scholastic average, usually a minimum of 3.0 in upper division work

Applicants need to demonstrate a strong quantitative background including linear algebra, multivariate calculus, differential equations, numerical analysis, and advanced statistics and probability

Applicants should also have prior exposure in computer programming (C++, Python) and familiarity with computers as a computational and management tool.

Prerequisites include:

Computer Programming Experience

Quantitative Background

Training in Finance

Language Skills

In some cases, applicants may be admitted conditionally on the successful completion of one or more recommended courses before enrollment in the program
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GPA

Percentage

CGPA

TOEFL

Marks - 90/120
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GPA

Percentage

CGPA

GMAT

No specific cutoff mentioned
NA

IELTS

Marks - 7/9
Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS

GRE

No specific cutoff mentioned
NA

Other eligibility criteria Lock Icon

interview is required for admission, and are conducted on an invitation-only basis

Conditional Offer Lock Icon

Yes
Every offer of admission is conditional. All admitted students have conditions that must be met in order to sustain Berkeley’s offer of admission. When accepting the offer, every admitted student is prompted to read and accept each of their conditions. they can find a printable version of their Conditions of Admission in the MAP@Berkeley portal, along with a printable version of your admission letter. Each condition check box must be selected. The student must then click Continue in order to progress to the admission deposit payment screen
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Which exams out of the above do I need to give?

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Master of Financial Engineering
at
UC Berkeley
Rankings

Course Ranking

University Ranking

Rank	Rank Publisher
#1	Computer Engineering PG US News & World Report, 2024
#5	Engineering and Technology QS, 2024
#6	Engineering THE (Times Higher Education), 2024

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Master of Financial Engineering
at
UC Berkeley
Placements

Particulars	Statistics (2023)
Average Salary	USD 1.56 Lakh
% Batch placed	97
Internship Available	Yes, The 10-week internship project is a required condition for graduation The internship period is from October to January Internship Statistics Class of 2018: Total Number of Students: 68 Number of Stude Read more The 10-week internship project is a required condition for graduation The internship period is from October to January Internship Statistics Class of 2018: Total Number of Students: 68 Number of Students Looking for Job: 67 Number of Total Students Placed: 67 % of Students Placed: 100% Number of Total Offers: 115 Number of Total Students With Offers: 67 % of Students With Offers: 100% Average Monthly Compensation: $8,037 Median Monthly Compensation: $8,000 Companies offering internships include: Bank of America, Barclays, Capital Group, McKinsey & Company, Morgan Stanley, etc.

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University of California - Berkeley Campus
Students Ratings & Reviews

4.6/5

4 Verified Reviews Info Icon

Vibe of Campus

Liberal
Stressful
Academically oriented
Multi-dimensional

Student Views

50% students never faced discrimination in this university

Internships4.5

Part time work4.3

Post study jobs5

Quality of faculty4.5

Student Life5

Value for money4.3

Public transportation4.8

Safety4.3

Indian Food4.8

Permanent Immigration4.3

Anonymous

Bachelor of Arts- Computer Science - Batch of 2025

Offered by University of California - Berkeley Campus

4.4

The University is collaborative and impactful. Plenty of opportunities to explore.

Tips: Before you fully commit to this university, make sure you have a word with a student representative or a former alumni who can give you a clear idea of what to expect on campus. Get an idea of what the university stands for, its history and what your inclination is towards.

Dislikes (Permanent Immigration): The USA is easily one of the most accepting and multifaceted arenas open to people from all ethnicities, races and backgrounds especially if you're starting your life like me. If given the chance, I would certainly immigrate here especially in California.

Reviewed on 12 Jun 2024Read more

Anonymous

Master of Science in Computer Science - Batch of 2020

Offered by University of California - Berkeley Campus

4.8

UC Berkeley: A Crowned Institution in United States.

Tips: Trust me, the university is more competitive than it seems. Students should be prepared to put in a lot of effort. At first glance, the university may appear overwhelming due to its vast size and atmosphere. However, students must take this as an opportunity and learn with their fellow. Also, this is an opportunity to build strong meaningful relationships with your fellow. As in top institutions, like UC Berkeley, apart from academics most of the students come to build these relationships only. I can recall how many good relationships I have built over my time at UC and I am still benefitting from them day-in and out. Students must enrol for a scholarship as the cost of living near the university is relatively high. If you are unable to get a scholarship try to find a good part-time job. About the country well US is US just be good around here don't go to shady areas. Some of the areas have high crime rates and shootings are a common sight. The country will treat you well if you do well.

Likes (Quality of faculty): University of California Berkeley is renowned for its academic excellence and this isn't something to talk about, Come on! Everyone knows it before coming here. The professors are highly knowledgeable and experienced. The professors are very helpful and have unique teaching patterns. It's more of an interaction than teaching and I believe that this is the best method of teaching. However, not every professor at UC Berkeley is exceptional, this needs to be said! At first, I thought enrolling myself at UC Berkeley would be very stressful; nevertheless, the professors do help at every stage to keep the classes interesting and engaging for the students.

Dislikes (Part time work): As I have pursued MS in Computer Science, it is a bit difficult to get a part-time job. The competition is fierce and so is the demand. Due to the high cost of living every other student wants to land on a good part-time job opportunity, therefore making it extremely competitive. However, with the assistance of one of my professors, I was able to land a part-time job. It is difficult to get a part-time job or internship in your field as the competition increases every year. So, start to visualize according. Don't expect that the university will spoon-feed you every single time. Some myths need to be busted!

Reviewed on 24 Oct 2023Read more

Ishan Pathak Verified Icon

Master of Financial Engineering - Batch of 2025

Offered by University of California - Berkeley Campus

Good career opportunities.

Tips: 1. Learn cooking, and try to be efficient in cooking as possible. This helps save lots of time 2. Take lots of layered clothing options, to make sure you don't catch cold 3. The MFE course in particular is intensive. Start your interview prep for placements/internships as early as possible before coming.

Likes (Internships): The course has wide range of career options ranging from technology to quantitative research in funds. The career path this program prepares for is quite varied, ranging from Data Science, Teaching to core-finance (which is its USP). Available internships are relevant.

Dislikes (Value for money): The MFE course in particular is expensive. The internships and placements are good but obviously, it comes at a cost. The college infrastructure is quite good though. The faculty is good overall, but MFE being a fast-paced course, they breeze through the course material quite fast.

Reviewed on 27 Mar 2024Read more

Yuvaraj Tankala Verified Icon

Bachelor of Arts- Computer Science - Batch of 2022

Offered by University of California - Berkeley Campus

Amazing experience at University of California

Tips: First and foremost, students should find an accommodation near to the campus and knowing English is better so that you can communicate with everyone. Try to learn some technology or gain some experience in coding so that you can tutor or do part-time work as a frontend or backend Engineer.

Likes (Value for money): We had global exposure with peers coming from all over the world, different cultures and habits. Also, everyone was super helpful and many students ran organizations which were helpful to upscale ourselves. Many extra curricular activities were organized.

Dislikes (Indian Food): When I was working on a project, my professor was helpful and she also connected me with other professionals on the topic I was working on. She also explained personal branding like LinkedIn's do's and don'ts. She was kind and used to give her office hours for our benefit.

Reviewed on 8 Jun 2022Read more

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Master of Financial Engineering
at
UC Berkeley
Highlights

The program is ranked as No. 1 in 2018 in the USA by TFE Times
The Berkeley Master of Financial Engineering Program, a STEM designated degree, prepares students with the knowledge and skills for a career in the finance/fintech industry
The MFE Program's curriculum challenges students to think of innovative ways to integrate quantitative methods with the theoretical framework and institutional settings in which they are applied
The program is taught by a renowned faculty comprised of prominent scholars and industry luminaries, MFE courses are anchored in cutting-edge research and best practices in financial engineering
Graduates will be ready to take a leading role in a fast-growing field that demands individuals who can apply their education and skills at the cutting edge of finance in investment banks, commercial banks, and other firms around the world
MFE graduates received job offers in each of the previous four years at the highest average starting salary of any similar program
Students have the option of completing a one-credit project or three-credit project. The $5,000 Morgan Stanley Applied Finance Project Award is given to the best three-credit project