Master of Financial Engineering at University of California, Berkeley (UCB)

Berkeley, California, United States

Pursue a 12 Months Masters (PostGraduate) with INR 6,986,000/Year Tuition Fees

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Master of Financial Engineering at University of California, Berkeley (UCB)

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Overview

The University of California, Berkeley, through its Haas School of Business, offers a Master of Financial Engineering program. This advanced course spans one year and is designed to equip students with essential skills in finance and engineering. The cost to enroll in this program is $82,901. To be considered for admission, applicants must demonstrate English language proficiency, which can be shown through tests like the IELTS or TOEFL. Additionally, prospective students should have a minimum graduation CGPA of 3.0 on a 4.0 scale. This program is ideal for those looking to deepen their understanding of financial systems and pursue careers in finance, ensuring they meet the academic and language requirements for successful admission. The GyanDhan Grading system is used to evaluate academic performance, providing a comprehensive assessment of students' capabilities.

Program Details Information
Duration 12 Months
Course Level Masters (PostGraduate)
Mode of Course Full Time
Tution And Fees ( For 1 Year) INR 6986000.0
Type of University Public
Official Career service Website https://www.berkeley.edu

Master of Financial Engineering at University of California, Berkeley (UCB)

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Key Insights

  • list items In 2018, the program was ranked No. 1 in the USA by TFE Times.
  • list items The Berkeley Master of Financial Engineering (MFE) Program is a STEM-designated degree that equips students with the essential knowledge and skills needed for a career in the finance and fintech industries.
  • list items The curriculum of the MFE Program encourages students to think creatively about how to combine quantitative methods with theoretical frameworks and real-world applications.
  • list items Courses are taught by a distinguished faculty that includes leading scholars and industry experts, ensuring that the MFE courses are based on the latest research and best practices in financial engineering.
  • list items Graduates are prepared to take on leadership roles in the rapidly growing financial field, applying their education and skills in investment banks, commercial banks, and other companies worldwide.
  • list items In each of the last four years, MFE graduates received job offers with the highest average starting salary compared to any similar program.
  • list items Students can choose to complete a one-credit project or a three-credit project. The best three-credit project is awarded the $5,000 Morgan Stanley Applied Finance Project Award.

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Master of Financial Engineering at University of California, Berkeley (UCB)

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Rankings

Ranking Source Ranking
PG Business and Economics THE (Times Higher Education), 2024 4
Accounting and Finance QS, 2024 9

Master of Financial Engineering at University of California, Berkeley (UCB)

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Eligibility Criteria

12th Grade

There is no specific cutoff mentioned for 12th grade.

Graduation

Applicants must have enough training to succeed in graduate studies. They usually need a minimum GPA of 3.0 in upper division courses. They should have a strong background in subjects like linear algebra, multivariate calculus, differential equations, numerical analysis, and advanced statistics and probability. Applicants also need experience in computer programming (C++, Python) and should be familiar with using computers for tasks.

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Exams Accepted Qualifying Score
TOEFL 90.0
IELTS 7.0

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Master of Financial Engineering at University of California, Berkeley (UCB)

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Fees & Other Costs

Cost Breakdown Amount (For 1 year)
Tuition & fees INR 69,86,067
Hostel & Meals INR 18,57,311
Insurance INR 5,42,867
Transportation INR 3,10,282
Miscellaneous and Personal INR 2,67,136
Application Fee INR 23,174
Books and supplies INR 61,854
Total approximate fees INR 30,62,624

Calculated at the exchange rate of 1 USD = INR 84.27 | Tuition & expenses were last updated in December 2024"

Master of Financial Engineering at University of California, Berkeley (UCB)

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