

Master of Science in Financial Economics
- Private University
Columbia Business School
Master of Science in Financial Economics at Columbia University Overview
Columbia University offers courses at PG level. The course lasts for a duration of 2 years. It is among the top-ranked courses in the country. To be eligible for the course, the students must fulfil the eligibility criteria, which includes valid score in exams such as IELTS, TOEFL, PTE, GMAT and GRE. The Columbia University tuition fee for Master of Science in Financial Economics for the first year is USD 62,160. Also, the students have to make budget for the other costs which includes
- Rent
- Hostel fees
- Food
- Books
- Supplies
- Utilities, etc.
Duration | 2 years Get Curriculum |
Tuition & Fees | ₹68.41 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 Financial Economics at Columbia University Fees
Students interested in pursuing a Master of Science in Financial Economics from Columbia University must fulfil the associated monetary requirements that come with the course. The fee structure includes the payment of the first-year tuition fee. Students must also plan for some other costs they may incur associated with living in USA such as rent, food, medical, travel and other expenditures. The overall estimated cost of living students can expect to incure is around USD 20,436. The cost may vary as per the lifestyle being pursued by the students and some other fees that may be charged by Columbia University over the duration of studies. The first year tuition fee for Master of Science in Financial Economics is around USD 62,160. For a more detailed fee breakdown regarding the Master of Science in Financial Economics from Columbia University, refer the table given below:
| Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 68,40,771 |
| Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 16,06,203 |
| Insurance | INR 3,34,148 |
Master of Science in Financial Economics at Columbia University Curriculum
Latest curriculum for Master of Science in Financial Economics at Columbia University 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 Columbia University
Download exam sample paper
Master of Science in Financial Economics at Columbia University Entry Requirements
- No specific cutoff mentioned
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- Applicants must have a UG degree and along with that
- All admitted students would be required to complete the following courses at an advanced UG level:
- Probability
- Statistics
- Microeconomics and/or Macroeconomics
- Two semesters of Calculus
- Linear Algebra and Matrix Theory
- Computer programming

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- The university does accept applicants with three-year bachelor's degrees

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- While applicants do not need previous work experience to apply or to gain acceptance, universities do find that some work or internship experience may prove valuable for both
Master of Science in Financial Economics at Columbia University Frequently Asked Questions
As an Indian student, it's not easy to get into either. Your chances of admission at admission stand at 4.94% at Columbia. If you think this is low, Harvard accepted its Class of 2028 at a rate of 3.6%. This means Harvard asks you to put in that extra effort.
Columbia University ask for a GPA of 4 or above from Indian students. Students should fulfill the basic qualification and submit all the documents like ACT or SAT scores, transcripts, English language requirements, and more to increase the chances.
Columbia University does not set any minimum eligible scores for international students who want to join the MS programs. But, it is needed for the students to make sure to score above 320 on the GRE and over 700 on GMAT for successful admission.
Also, students who scored nicely and performed well academically and were involved in relevant internships may get some sort of relief in standardized test scores.
With 4% acceptance rate, Columbia University offers tough admission to international students. To improve the chances of selection, students must take care of a few things that can also help to build a strong profile. Students can check the mandatory things below to improve their selection probability:
- Aim for high academic scores, including CGPA, GRE/GMAT, and English language proficiency, and more.
- Submit a well-written Statement of Purpose that includes all the goals and achievements.
- Ask professors to provide a letter of recommendation who know the students' abilities.
- Involved in leadership roles, gained relevant experience, international conference, and more to display the ability.
The SIPA recommends the GRE or GMAT, but it is not a mandatory requirement. GRE/GMAT score is a complementary requirement that students can opt to pursue in case they feel they do not have a strong list of quantitative courses/ work experience as the exam scores strengthen the application.
A score above 320 can significantly improve the chances of admission.
Master of Science in Financial Economics at Columbia University Rankings
| Rank | Rank Publisher |
|---|---|
| #15 | |
| #10 | |
| #14 |
Master of Science in Financial Economics at Columbia University Placements
| Particulars | Statistics (2025) |
|---|---|
| Internship Available | Yes, Summer internships will be the part of the program Students are required to complete a summer internship for at least six weeks, which involves working as an intern in a company or doing research assi Summer internships will be the part of the program Students are required to complete a summer internship for at least six weeks, which involves working as an intern in a company or doing research assistance work for a faculty member The internship will ideally be tied closely to a student's research seminar project Student internship opportunities have included: AIG Bank of America Merrill Lynch Barclays Blackmore Partners China Investment Corporation Columbia Business School Credit Suisse Deutsche Bank goetzpartners Harvard Business School Hylink Ventures Moon Capital RS Metrics |
Master of Science in Financial Economics at Columbia University Students also asked
The MPA & MIA degrees are very similar in terms of the area of study they focus on. The MPA program is more aligned with the rigorous quantitative & data-driven aspects of public policy while MIA takes a more qualitative approach to international issues & diplomacy harnessing language skills & expertise.
Columbia University’s Law course ranks exceptionally well in THE subject rankings. It ranks at the #4 position in 2024. A few of the other courses that rank well are:
Course | THE Subjects Rankings 2024 |
|---|---|
Arts and Humanities | #10 |
Social Sciences | #12 |
Psychology | #13 |
Life Sciences | #14 |
The highest salary earned by graduates of the Columbia Uni USA is USD 450,000 (INR 4.1 Cr) in the Real Estate industry. This is three times the average salary package students got offered in the Real Estate industry. The average package for students in Real Estate was USD 150,000 (INR 1.34 Cr) for the MBA Class of 2025.
1 USD = INR 89.90
New York University and Columbia University are one of the best universitues in the world. The universitys are the bets in the city of New York. However, while they share a great reputation, there are subtle differences between the two universities. The below table compares the rankings, fees and acceptance rate of NYU and Columbia. Overall this information could be useful for students who are considering them.
Here is the comparison highlighting the differences between the Universities:
Name of The University | Ranking | Acceptance Rate | 1st Year Tuition Fee |
|---|---|---|---|
New York University | #39 | 10%- 11% | UG course: INR 17 L - 50 L PG course: INR 68 L - 90 L |
Columbia University | #23 | 3.9% | UG Course: INR 50 L - 52 L PG course: INR 44 L - 76 L |
(The comparison of fees was between the BTech course for UG and the MBA course for PG)
Most of the institute's student body is based in the university-owned housing in Morningside Heights. The residential facilities that consist of shared apartments & dormitory style-rooms are just a walking distance from the university campus.
Students are also housed in Manhattan Valley, just south of Morningside Heights. Additionally, some students are also housed in Riverdale, Bronx, at The Arbor. Shuttle services are available to & from the Arbor.
Columbia UniversityStudents Ratings & Reviews
- 67% students never faced discrimination in this university
Master of Science in Financial Economics at Columbia University Highlights
- The Master of Science in Financial Economics is a two-year STEM eligible master's degree program offered by the Finance Division of Columbia Business School
- The MSFE provides academically distinguished and industry-oriented students the opportunity to obtain a rigorous, graduate-level finance and economics training in an intensive two-year program
- The goal of the program is to provide students with the quantitative and theoretical tools for a successful career in finance with potential employers such as investment and commercial banks, economic and financial asset management companies, consulting firms, and policy-oriented organizations
Master of Science in Financial Economics at Columbia University Scholarships
Class Profile
| Average class profile for this course | |
|---|---|
| Work Experience | 1.2 |
| Bachelors GPA / Percentage | 3.85 |
| Student Age | 24 |
| Percentage of International Students | 89% |
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