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 | ₹58.92 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 content
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 58,91,672 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 16,21,275 |
| Insurance | INR 2,68,053 |
Calculated at the exchange rate of 1 USD = INR 88.73 | Tuition & expenses were last updated on 19ᵗʰ February 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
- Applicant must hold a four-year bachelor’s degree from an accredited college or university in the U.S. or an equivalent 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#)
- Applicants 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
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GPA
Percentage
CGPA
Out of 10
GMAT
- No specific cutoff mentioned
NA
PTE
- No specific cutoff mentioned
IELTS
- No specific cutoff mentioned
- 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
Duolingo
- No specific cutoff mentioned
Conditional Offer
- Yes
- The Universities' Heinz College occasionally admit students to the program with condition(s) placed on their enrollment. A condition will be clearly stated within the admission offer letter.
Sign-up to view details
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 11.09 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 |
|---|---|
| #4 | |
| #6 | |
| #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
44 Verified ReviewsStudent Views (Based on Reviews)
- 27% students never faced discrimination in this university
Vibe of Campus
Multi-dimensional
Friendly
Academically oriented
Fun loving
Internships3.3
Part time work2.9
Post study jobs4.5
Quality of faculty4.7
Student Life4.6
Value for money3.5
Public transportation4.4
Safety4.5
Indian Food4.2
Permanent Immigration3.1
A
Anonymous
Master of Science in Architecture - Engineering - Construction Management - Batch of 2026
Offered by Carnegie Mellon University
3.6
Academic yet rewarding university.
Tips: CMU is one of the most diverse and academically demanding universities out there so you should be ready to give your 100% from the very get go. Classes are challenging but they're structured in a way to bring out the best of you and there are plenty of networking opportunities, as well as career fairs and mixers which you should check out. Professors give you a lot of freedom but you will be expected to advocate for yourself and manage your work life balance to the best of your ability. Pittsburgh is quite a lovely city to live in.
Total Monthly ExpenseUSD 1650
Prepping time for classes32 hours/Week
Expected Annual SalaryUSD 101400
A
Anonymous
Master of Tangible Interaction Design - Batch of 2026
Offered by Carnegie Mellon University
3.7
Place to aspire to study.
Tips: I have experienced a lot of change in my attitude and outlook on how I perceive things and situations. CMU has a very global campus, so you'll meet people from all over the world, especially India. Lots of resources as well, which you should make use of. People can be a bit more reserved than you'd expect, and the classes have a very high academic standard. Try not to burn out during your time here.
Total Monthly ExpenseUSD 1500
Prepping time for classes31 hours/Week
Expected Annual SalaryUSD 91375
A
Ashni
MS in Environmental Engineering - Batch of 2026
Offered by Carnegie Mellon University
3.7
Good place and friendly people.
Tips: CMU is one of the most reputed institutions in the USA for various reasons. The quality of education and teaching is among the best. Our professors are well-known in their industries, and students gain a lot of independence. It's also very competitive. While most of us came here for work and settlement opportunities, the current situation makes that seem unrealistic. However, there is a supportive community.
Total Monthly ExpenseUSD 1975
Prepping time for classes32 hours/Week
Expected Annual SalaryUSD 99875
A
Anonymous
MS in Biomedical Engineering and Integrated Study in Computer Science - Batch of 2026
Offered by Carnegie Mellon University
3.8
Competitive and studious environment.
Tips: I came here with an open mind and a willingness to learn, which are important for enjoying what CMU has to offer. The post-work situation is complicated, as companies don't offer sponsorships as easily anymore. While I didn't receive a scholarship, I did get early admission, which made my decision to study here easier.
Dislikes (Permanent Immigration): There are very limited job opportunities here in the United States, so be prepared for the challenges, which may take a few years to overcome. Many companies are unwilling to offer sponsorships, which complicates the process.
Total Monthly ExpenseUSD 1700
Prepping time for classes32 hours/Week
Expected Annual SalaryUSD 93700
A
Anonymous
M.S./MBA in Electrical and Computer Engineering - Batch of 2026
Offered by Carnegie Mellon University
3.6
Experience to cherish.
Tips: My transition here was smooth and my initial anxieties were short lived as there are so many students on the same boat. The administration did a good job with the orientation and ensuring that new students were given assistance to their needs. In terms of academics classes are competitive and relatively grading can seriously test you.
Total Monthly ExpenseUSD 2025
Prepping time for classes33 hours/Week
Expected Annual SalaryUSD 102175
View All 49 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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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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