Master of Science in Computational Finance
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Talk to ExpertMaster of Science in Computational Finance at Carnegie Mellon University Overview
Master of Science in Computational Finance
at Carnegie Mellon University
The Carnegie Mellon University offers a really good Master of Science in Computational Finance program at the PG level, which lasts for 2 years. To get admission to the program, students must meet the requirements for the course which include having a valid score on tests like IELTS, TOEFL, GMAT and GRE. The Carnegie Mellon University tuition fee for the first year of the Master of Science in Computational Finance is USD 58,800. Also, the students should budget well for living expenses, which has:
- Accommodation (rent or hostel)
- Food
- Books
- Other important utilities
Duration | 1.5 - 2 years |
Tuition & Fees | ₹59.92 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
Master of Science in Computational Finance
Table of contents
Master of Science in Computational Finance at Carnegie Mellon University Fees
Master of Science in Computational Finance
at Carnegie Mellon University
The Carnegie Mellon University Master of Science in Computational Finance fees includes first year tuition fee and cost of living for international students. The first-year tuition fee is around USD 58,800. In addition to tuition costs, international students must manage their living expenses such as housing, food, and other utilities, which contribute to the total cost of living, estimated at USD 18,272. The Carnegie Mellon University cost varies depending on the additional cost.
Refer to the table below for a detailed fee breakup of the Carnegie Mellon University Master of Science in Computational Finance.
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 59,91,936 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 16,48,865 |
| Insurance | INR 2,72,615 |
Calculated at the exchange rate of 1 USD = INR 90.24 | Tuition & expenses were last updated on 17ᵗʰ November 2025Download exam sample paper
TOEFL
TOEFL
PTE
IELTS
Duolingo
GMAT
GRE
Master of Science in Computational Finance at Carnegie Mellon University Entry Requirements
Master of Science in Computational Finance
at Carnegie Mellon University
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- No specific cutoff mentioned
- Read less
- Students must have a four-year UG degree from an accredited college or university in the U.S. or an equal degree from a foreign country prior to the start of the program
- Prerequisites
- Calculus I and II
- Linear algebra
- Calculus-based probability
- Object-oriented programming course such as C, Python, Java or C
- Students with a deficiency in one of these areas will be considered provided proper remediation is completed before enrollment
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GPA
Percentage
CGPA
Out of 10
TOEFL
- No specific cutoff mentioned
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Convert your CGPA to GPA
Calculate your score and check your eligibility at over 2000+ universities.
GPA
Percentage
CGPA
Out of 10
GMAT
- No specific cutoff mentioned
NA
PTE
- No specific cutoff mentioned
IELTS
- No specific cutoff mentioned
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GRE
- No specific cutoff mentioned
NA
Duolingo
- No specific cutoff mentioned
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Master of Science in Computational Finance at Carnegie Mellon University Application Process
Master of Science in Computational Finance
at Carnegie Mellon University
Step one
Prepare documents for application
LOR
- Three Letters of Recommendation are required. Choose individuals who know you well and are able to provide specific and relevant information about your potential for academic and career success
ESSAYS
- There are two required short-answer essays in addition to a 90-second video essay response. Respond to the following two short answer essay topics:
- Provide an example from your past professional or academic experience that highlights a skill you developed that will be directly applied in your above-selected functional area. (350-word max)
- How did you develop an interest in the field of quantitative finance? What skill(s) are you currently lacking and how will the MSCF program uniquely prepare you with the knowledge you need for career success? (350 words max)
- For the 90-second video essay, applicants are required to respond to the following prompt:
- Provide the specific steps you took and the resources you utilized to secure a previous academic or professional opportunity. Explain how this experience will benefit you in your desired career path
- Applicants can also upload an optional essay (2-pages max) to convey any additional information
CV
- Submit the resume that should be one to two pages and highlight the achievements applicants have made in their professional career, using a standard (i.e. Times New Roman or Arial), 12-pt. font. It is REQUIRED that their resume includes the month and year for starting and ending dates for each position held
Step two
Additional documents required
- Upload legible scanned/digitized copies of official transcripts and degree certificates. If the transcript is in a language other than English, an official translation must also be included from World Education Services (WES) Standards
- Proof or ELP scores
- Proof of GRE or GMAT score (Required)
- A statement indicating that the primary language of instruction was English should be listed on the academic documents
Step three
Start your online application
Step four
Application fees for this course
USD 125 = INR 11.28 Thousand
Mode of payment: Credit card
Master of Science in Computational Finance at Carnegie Mellon University Rankings
Master of Science in Computational Finance
at Carnegie Mellon University
Course Ranking
University Ranking
| Rank | Rank Publisher |
|---|---|
| #7 | |
| #4 | |
| #12 |
Master of Science in Computational Finance at Carnegie Mellon University Placements
Master of Science in Computational Finance
at Carnegie Mellon University
| Particulars | Statistics (2021) |
|---|---|
| Internship Available | Yes, Students will learn about the inner workings of the financial markets through their summer internship. Over the last five years, 98% of university students have obtained internships |
Top Recruiters for Carnegie Mellon UniversityBlackrock
Bloomberg
Deutsche Bank
Ernst & Young
Goldman Sachs
JP Morgan Chase
Morgan Stanley
UBER
Carnegie Mellon UniversityStudents Ratings & Reviews
4/5
49 Verified ReviewsStudent Views (Based on Reviews)
- 26% students never faced discrimination in this university
Vibe of Campus
Multi-dimensional
Friendly
Academically oriented
Liberal
Internships3.4
Part time work3
Post study jobs4.4
Quality of faculty4.7
Student Life4.6
Value for money3.5
Public transportation4.5
Safety4.4
Indian Food4.1
Permanent Immigration3
K
Karshni Mitra
Master of Information Systems Management: Business Intelligence & Data Analytics - Batch of 2023
3.8
Not easy, but memorable and totally worth it.
Tips: The transition was easy if you know what to expect and what not to. You'll do your own chores, cooking, cleaning, laundry, groceries etc. You'll do your own furniture assembly, moving and all that difficult stuff, just like everyone else here. But what you'll gain is experience, friends and learn how to survive on your own. It's all a part of the process of becoming adjusted to life in the US. Good experiences.
Likes (Public transportation): College includes public transport in the fees. Buses, trains, etc. in Pittsburgh, are already included and the connectivity across the city via buses is very convenient. The buses run till late hours in the night, and CMU provides shuttle and campus escorts late into the night when buses are not available.
Dislikes (Permanent Immigration): Chances of permanent immigration/settlement is low since the H1b / Eb2 route has a lot of people from my country, causing extremely high wait times. You can be optimistic, but if things don't work out, have a backup in mind. The US allows you in for study/work realistically, that's all you should expect to be on a visa. If something works out otherwise, I'd call it an optimistic scenario using other routes, not the ground truth.
Total Monthly ExpenseUSD 1200
Prepping time for classes40 hours/Week
Expected Annual SalaryUSD 105000
A
Anonymous
MS in Civil and Environmental Engineering/MBA (Porto Business School) - Batch of 2026
3.9
Welcoming and open environment.
Tips: There were no major culture shocks apart from the fact that people are more direct in their approach and socialising is more than just an expectation. The culture is very academic and it can get competitive at times. Case studies and presentations are the norm, so you'll have to learn how to be a team player and work with people. There is ongoing support that doesn't subside after the first few days.
Total Monthly ExpenseUSD 1700
Prepping time for classes31 hours/Week
Expected Annual SalaryUSD 104500
V
Vaishnavi Sreenivasa
Master of Information System Management - Batch of 2026
4.1
All around academic excellence.
Tips: After moving here, I have not experienced any cultural shift, mostly because I think nobody moving after working for a few years and is from a metro city back in India, the lifestyle remains pretty much the same and there are just some more social rules and regulations to keep in mind that probably take a few days to get used to. I was fortunate enough to get 15% scholarship based on my academic excellence and profile. It gets deducted every semester. I am very satisfied with the course and the university. The institution offers excellent academic rigour with outstanding professors and really well designed courses.
Likes (Public transportation): College students have free public transport and this saves a lot of money as a student. There are plenty of options for public buses from the university to travel anywhere you want in the city. The university itself offers shuttle services for students including late night shuttles for those staying back in college post 10 pm.
Dislikes (Permanent Immigration): Chances of me settling in that country are below average because of visa issues and constant changes being introduced for the visa. I value flexibility with respect to travelling and going back to my home in India and because there is so much uncertainty around the visa.
Total Monthly ExpenseUSD 1575
Prepping time for classes24 hours/Week
Expected Annual SalaryUSD 110800
A
Anonymous
Master of Computational Data Science (Human-Centered Data Science Concentration) - Batch of 2027
3.8
Great to polish yourself academically.
Tips: Studying here will surely be intense. You will have a heavy work load and you will also feel like you're falling behind. Remember that the process is the same for everyone and there are some helpful campus resources you can always take advantage of. I enjoy classroom discussions and the brand value of studying here is unmatched. Labs are well equipped as well and professors have been very helpful.
Total Monthly ExpenseUSD 1800
Prepping time for classes32 hours/Week
Expected Annual SalaryUSD 101400
A
Anonymous
MS in Energy Science, Technology & Policy - Batch of 2025
3.7
Great college for academically intense students.
Tips: My transition was smooth. I did not face a lot of problems. The cohort is small but everyone is accommodating and friendly.
I got a 25% scholarship, which was through my course. I did not have to do anything for it.
I like the university and my course a lot.
Total Monthly ExpenseUSD 1975
Prepping time for classes40 hours/Week
Expected Annual SalaryUSD 98975
View All 54 Reviews
Master of Science in Computational Finance at Carnegie Mellon University Highlights
Master of Science in Computational Finance
at Carnegie Mellon University
- The MSCF curriculum is constantly changing to meet the needs of the financial markets
- MSCF's highly-integrated, interdisciplinary curriculum is well-balanced between theory and practice
- A five-course sequence covers a comprehensive range of topics from data science, including machine learning and statistical methods, all tailored to the challenges of dealing with financial data
Master of Science in Computational Finance at Carnegie Mellon University Scholarships
Master of Science in Computational Finance
at Carnegie Mellon University
Scholarship information is not available. You can apply to non-college specific scholarships available for
USA.
View all 72 scholarships
Class Profile
| Average class profile for this course | |
|---|---|
| Bachelors GPA / Percentage | 3.79 |
| GMAT Score Average | 746 |
| Percentage of International Students | 83 |
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Loveleen is a seasoned content writer with 4+ years of experience, currently writing for Shiksha. When he is not writing and helping students, he can be found at the movies, reading fiction, and learning a new language.
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Master of Science in Computational Finance at Carnegie Mellon University Contact Information
Master of Science in Computational Finance
at Carnegie Mellon University
Address
5000 Forbes Ave, Pittsburgh, PA 15213, USA
Pittsburgh ( Pennsylvania)
Phone
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