MS in Financial Engineering
Talk to ExpertMS in Financial Engineering at Columbia University Overview
MS in Financial Engineering
at Columbia University
MS in Financial Engineering at Columbia University is a popular program among Indian students. For admission to this course, which has 12 months, an Indian student needs to be eligible and submit documents. The documents to be submitted are academic qualifications, standardised text and language test score, resume and others. English language tests accepted by the university such as IELTS, TOEFL, PTE and Duolingo. The first-year tuition fee for this course at the time of admission is USD 93,024. Also, there is regular spending on food, travel, staying, books, supplies and others. The annual cost of living is typically USD 18,274 at Columbia University.
Duration | 12 months Get Curriculum |
Tuition & Fees | ₹71.60 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
MS in Financial Engineering
Table of contents
MS in Financial Engineering at Columbia University Fees
MS in Financial Engineering
at Columbia University
The first-year tuition fee for the MS in Financial Engineering at the Columbia University is USD 93,024. Moreover, the fee structure for the MS in Financial Engineering comprises the first-year tuition fees, supplement charges, facility requirements, and other additional charges offered by the Columbia University.
Apart from the tuition cost and university charges, students should also keep in mind the extra expenses to stay at the university or any nearby accommodation. They are required to manage the finances for various factors like rent, food, transportation, utility, and other personal expenses, which can vary as per the individual, however, the average cost of living is USD 18,274.
Check the detailed information on the Columbia University MS in Financial Engineering on the fee breakup, from the table below.
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 71,60,409 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 16,81,254 |
| Insurance | INR 4,71,455 |
Calculated at the exchange rate of 1 USD = INR 95.14735 | Tuition & expenses were last updated on 11ᵗʰ March 2026MS in Financial Engineering at Columbia University Curriculum
MS in Financial Engineering
at Columbia University
Applicants can click on the green button below to download and check out the Columbia University MS in Financial Engineering program. The curriculum PDF provides a piece of detailed information about the course including tuition fees and admission requirements. Students can check the semester-wise breakdown of the overall MS in Financial Engineering structure in the following PDF.
Download exam sample paper
TOEFL
TOEFL
PTE
IELTS
Duolingo
GRE
MS in Financial Engineering at Columbia University Entry Requirements
MS in Financial Engineering
at Columbia University
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- CGPA - 3/4
- Read less
- Students must have UG degree from an institution.
- Strong foundational knowledge of essential subjects such as calculus, linear algebra, probability & statistics.
- Familiarity with differential equations would also be welcomed..
- Proficiency in coding & ability to work with financial models, conduct scenario simulations & analyze & mine data are integral to program.
- Robust comprehension of finance concepts is indispensable this includes solid understanding of derivatives, risk management, portfolio theory & dynamics of financial markets.
- Minimum 3 out of 4 GPA is preferred.
- Most successful students have GPA higher than 3.
Convert your CGPA to GPA
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GPA
Percentage
CGPA
Out of 10
3 year degree accepted
- N/A
- Read less
- Applicants are welcome to apply to our programs with only 3 years of undergraduate experience. However, the University recommends having a 4-year degree to cover all the prerequisites for the program. While there are no official prerequisites for our programs, the University does ask that our students have a background in multivariable calculus, linear algebra, and probability & statistics. It would also help if applicants have some knowledge of computer languages C++, Python, and Matlab. Overall, the University places the highest priority on quantitative skills, followed by programming experience, and internship/work experience
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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
TOEFL
- Marks - 99/120
- Read less
- There are no minimum test score requirements to apply for admission consideration. However, it may be necessary to improve English proficiency if students scored an overall score of 99 or lower
-
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PTE
- Marks - 68/90
- There are no minimum test score requirements to apply for admission consideration. However, it may be necessary to improve English proficiency if students scored an overall score of 68 or lower
IELTS
- Marks - 6.5/9
- Read less
- There are no minimum test score requirements to apply for admission consideration. However, it may be necessary to improve English proficiency if students scored an overall score of 6.5 or lower
- 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
- For future admission cycles, the University recommends preparing for the GRE, as it has historically been a required component
Duolingo
- Marks - 130/160
- Read less
- There are no minimum test score requirements to apply for admission consideration. However, it may be necessary to improve English proficiency if students scored an overall score of 130 or lower
- Take Duolingo English Test from your home, in just 1 hour and get results in 2 days. 70% cheaper than other English Tests. Register now for Duolingo
Other eligibility criteria
- After applying, applicants must complete a video interview via the portal, answering three random questions with three minutes each. Professional experience, such as full-time work or internships, is recommended.
Conditional Offer
- Not mentioned
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MS in Financial Engineering at Columbia University Frequently Asked Questions
MS in Financial Engineering
at Columbia University
MS in Financial Engineering at Columbia University Application Process
MS in Financial Engineering
at Columbia University
Step one
Prepare documents for application
LOR
- Applicants are required to submit 3 letters of recommendation. All applicants are required to submit at least 2 academic references, unless the applicant received a bachelor’s degree more than 5 years before the date of the application
Step two
Additional documents required
- Offical transcripts
- Official GRE Test Scores
- Proof of English proficiency scores
- Copy of passport
Step three
Start your online application
Step four
Application fees for this course
USD 85 = INR 8.09 Thousand
Mode of payment: Credit card
- Columbia offers a monthly payment plan to enable students to pay tuition and fees over several months, rather than in one payment
- The Payment Plan is available for the Fall term, Spring term, the annual academic year plan (Fall & Spring), or Summer term
- $45 annual enrollment fee and $25 enrollment fee per term (Fall, Spring and Summer terms) and $30 returned payment fee if a payment is returned
- Up to 5 Payments are available for a fall term plan. Plan enrollment closes after November 26
- Up to 5 Payments are available for a spring term plan. Plan enrollment closes after April 24
MS in Financial Engineering at Columbia University Rankings
MS in Financial Engineering
at Columbia University
Course Ranking
University Ranking
| Rank | Rank Publisher |
|---|---|
| #15 | |
| #18 | |
| #10 |
MS in Financial Engineering at Columbia University Placements
MS in Financial Engineering
at Columbia University
| Particulars | Statistics (2025) |
|---|---|
| Internship Available | Yes, The IEOR Career Team is dedicated to assisting students with professional development and internship and job placement |
Top Recruiters for Columbia UniversityBank of America
CITI Bank
Credit Suisse
Deutsche Bank
E&Y
Goldman Sachs
Merrill Lynch
Microsoft
Morgan Stanley
pwc
Wells Fargo
MS in Financial Engineering at Columbia University Students also asked
MS in Financial Engineering
at Columbia University
Columbia UniversityStudents Ratings & Reviews
3.7/5
3 Verified ReviewsStudent Views (Based on Reviews)
- 75% students never faced discrimination in this university
Vibe of Campus
Academically oriented
Friendly
Multi-dimensional
Fun loving
Internships3.7
Part time work3.3
Post study jobs4
Quality of faculty4.7
Student Life3.7
Value for money3.3
Public transportation4.7
Safety3.7
Indian Food3.3
Permanent Immigration3
N
Nithishma Allu
MS in Computer Science - Batch of 2024
4.6
Columbia University: Fostering Brilliance and Innovation
Tips: Networking is the key. Make as many connections as possible. New York is an amazing place to be and make the most of it. There is a Shardarshish scholarship which waves 50% tuition fees and also numerous graduate research assistant roles available if interested.
Likes (Quality of faculty): The diversity of faculty is amazing with most of them graduating from the top universities. Their knowledge on the subject is remarkable and they challenge you to be better and work harder. They let you engage in projects and conduct many office hours for discussions
Dislikes (Internships): The coursework and the brand value added because of Columbia University is great which lands you in a good internship but there are comparatively fewer career fairs than other universities. The career advisors are super helpful in guiding and suggesting changes to resumes and cover letters.
Total Monthly ExpenseUSD 1500
Prepping time for classes30 hours/Week
Expected Annual SalaryUSD 150000
(1) 1 person found this helpfulA
Anonymous
MS in Data Science - Batch of 2026
3.6
Columbia is an expensive school, and the competition is very fierce.
Tips: Be mentally prepared before coming, the scholarships are rare, you need to be best at what you do. The competition is fierce, and things are not so dreamy anymore in the USA. But if you are good at it, you can make it. I am satisfied, hopefully I will get a job, and it will be easier for me.
Likes (Quality of faculty): Mostly, the faculty are adjunct faculty, giving a more practical experience. The faculty is diverse and well-rounded, and the way things are done here is different from in India. They are more concerned with practicality than with theoretical knowledge, so you need to study and prepare on your own.
Dislikes (Value for money): Columbia is an expensive school, and the competition is very fierce. Off-campus jobs don't pay well compared to the living costs. There are better private schools that offer scholarships you can attend. Brand value still matters in today's world, though.
Total Monthly ExpenseUSD 2300
Prepping time for classes27 hours/Week
Expected Annual SalaryUSD 87000
A
Anonymous
Master of Science in Enterprise Risk Management - Batch of 2026
3.6
Columbia University is a great place to pursue your course.
Tips: The education system here is uncorrupted, and only intelligence, brilliance, and consistency survive here. Not being mentally prepared to face or embrace the culture and weather changes can be detrimental, but overall, it's a great university to study and learn at. Also, it's great to have your own bicycle or something to travel on. Scholarships are available, offered based on the profile and the kind of degree. Mostly PhDs get plenty of funding through research assistantships or teaching assistantships, but others can too; you just need to research a bit. The University of Columbia is a great place to study.
Likes (Value for money): It's great value for money as I got more in return than what I paid for in my course. The course covered all the great aspects of my degree in Master's in enterprise risk management, though it was very hectic, but definitely worth it. I had fun doing this, and the environment here is awesome too.
Dislikes (Permanent Immigration): Permanent immigration in the US has a long queue if you are an Indian, since there are many. It is totally possible to extend your visa definitely once you apply for a green card, but it is by no means citizenship until you get your green card, and it's hard to get, especially as an Indian. I would love to have a permanent residence here; it is a fun place, and I would really like to have a job here.
Total Monthly ExpenseUSD 1300
Prepping time for classes27 hours/Week
Expected Annual SalaryUSD 70000
A
Anonymous
Computer Science Master's Degree - Vision, Graphics, Interaction and Robotics - Batch of 2026
3
Ivy League Tag does not work anymore.
Tips: No overwhelming cultural shift that I have experienced as of now. I didn't get any scholarship, they pay you nothing, no on campus jobs and even if you get any, you'll be paid peanuts. You basically take a crore rupees loan, study and work like a machine and still end up with no internship call, no certainty about jobs.
Likes (Quality of faculty): Excellent faculty, coursework, teaching and most importantly research. But don't expect to get paid for your research. They won't pay you. They'll ask you to take it for credit. All professors are great researchers and top in their domain but not all are good teachers.
Dislikes (Value for money): It's very expensive with zero or very few on campus jobs paying you peanuts. No proper career fair for internships. Uncertainty of jobs, constantly changing government regulations, disregarding all the effort and money we put to study here. Disregard for your skill and knowledge.
Total Monthly ExpenseUSD 2125
Prepping time for classes50 hours/Week
Expected Annual SalaryUSD 80575
View All 4 Reviews
MS in Financial Engineering at Columbia University Highlights
MS in Financial Engineering
at Columbia University
- Financial Engineering is a multidisciplinary field involving financial theory, engineering methods, mathematical tools, and programming
- It is designed for students who wish to work in industries such as securities, banking, and financial management and consulting, or general manufacturing and service firms
- The first half of the program is devoted to tools of the trade and their use in modeling financial markets and instruments
- The MSFE curriculum includes courses in stochastic processes, optimization, numerical techniques, Monte Carlo simulation, and data analysis
- Students make use of these methods in portfolio theory, derivatives valuation, and financial risk analysis
- The second half gives students an opportunity to take more advanced courses or study specialized topics, ranging from models of the term structure of interest rates to a study of the implied volatility smile, as well as a course on applications programming for financial engineering
- The program offers seven concentrations, including:
Read more
MS in Financial Engineering at Columbia University Scholarships
MS in Financial Engineering
at Columbia University
Scholarship information is not available. You can apply to non-college specific scholarships available for
USA.
View all 38 scholarships
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MS in Financial Engineering at Columbia University Contact Information
MS in Financial Engineering
at Columbia University
Address
116th and Broadway, New York, NY 10027, United States
New York
Phone
212-854-4400
(For general query)
212-854-2522
(For admission query)
Email
registrar@columbia.edu
(For general query)
ugrad-ask@columbia.edu
(For admission query)
Go to College Website ->