

Master of Quantitative Finance
- Public University
Rutgers Business School- Newark and New Brunswick
Master of Quantitative Finance at Rutgers University Overview
Rutgers University is among the popular universities to study Master of Quantitative Finance from abroad. The duration of Master of Quantitative Finance program is 18 months. The first-year Rutgers University tuition fee for Master of Quantitative Finance is around USD 50,754. Indian students are required to plan their cost of living (accommodation, groceries, insurance, utilities, etc.) apart from tuition fees to study at the university. The average estimated cost of living is around USD 16,223. Indian students must meet the Rutgers University admission requirements to study the course. Indian students must submit an online application by the course deadline to get into the university.
Duration | 18 months |
Tuition & Fees | ₹45.00 Lakh Get Fees details |
International Students Admission Website | Go to Website |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
Master of Quantitative Finance at Rutgers University Fees
Rutgers University Master of Quantitative Finance fee structure includes first-year tuition fee that all the students have to pay. Apart from the tuition fee, the students also have to spend money on stay, food and other utilities, which comprises cost of living, which is USD 16,223. The total expense may vary, depending on the additional charges provided by the Rutgers University. The total first-year tuition fees of Master of Quantitative Finance is USD 50,754.
To know more about Rutgers University Master of Quantitative Finance fee breakup, check out the table below:
| Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 45,00,357 |
| Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 14,38,493 |
| Insurance | INR 2,43,044 |
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Master of Quantitative Finance at Rutgers University Entry Requirements
- No specific cutoff mentioned
- CGPA - 3.5/4
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- Applicants with three-year Indian bachelor’s degrees may be considered equivalent to a U.S. bachelor degree without evaluation as long as they have been earned in Division I/First Class and the awarding institution is currently accredited by India’s National Assessment and Accreditation Council (NAAC) with a letter grade of “A” or better
- The typical GPA is 3.5 or greater of students admitted into the program
- Applicants must have completed at least one full year of calculus, upper-level probability and statistics, linear algebra and differential equations

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Out of 10
- No specific cutoff mentioned
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- The average TOEFL score is 100 of students admitted into the program
-
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Out of 10
- No specific cutoff mentioned
- Typical GMAT scores are 700 or greater of students admitted into the program
- Marks - 68/90
- NA
- No specific cutoff mentioned
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- The average IELTS is a 7 or above of students admitted into the program
- Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS
- No specific cutoff mentioned
- The average scores for students admitted to the program are 167 quantitative and 152 verbal
- No specific cutoff mentioned
Master of Quantitative Finance at Rutgers University Frequently Asked Questions
In the world, Rutgers University ranks at #801-850 in 2025 as per a top-ranking publisher. It ranks at #771-780 in 2026. This shows that there has been a sight improvement in the QS World University rankings of this university. As per U.S. News & World Report, Rutgers ranks at #645 in the Global Universities category in 2025-26.
The comparative QS World Rankings of Binghamton University and Rutgers University are given as follows:
| Year | Binghamton University | Rutgers University (Newark) |
|---|---|---|
| 2020 | 801-1000 | 651-700 |
| 2021 | 801-1000 | 751-800 |
| 2022 | 801-1000 | 801-1000 |
| 2023 | 1001-1200 | 801-1000 |
| 2024 | 1001-1200 | 771-780 |
| 2025 | 1001-1200 | 801-850 |
For non New-Jersey residents, Rutgers University the tuition fee for the academic year 2024-25 is USD 33,734. The total cost of attendance is given as follows:
Particulars | Expenses |
|---|---|
Fees | USD 3,028+ |
Room and board | USD 16,074+ |
Now, the fees given above is for one year. This means that the fees for the other duration of UG studies is going to be around this fee only.
To get admission to Rutgers University, the general requirements are given below:
- UG: A high school qualification is required by Rutgers University for admission. Subject requirements are also required for English, Mathematics, Foreign Language, Science, Other courses
- PG: A bachelor’s degree is required for admission to graduate courses
- English language proficiency test score: Rutgers University Newark accepts TOEFL / IELTS / PTE / Duolingo scores
The university has claimed that the cost of attendance at Rutgers-Newark University is low which makes the top-quality education at the university within the reach of as many as people as possible. The value of a Rutgers-Newark degree can be quantified after reading the following points:
- 81% of entering undergraduates receive financial aid
- 80% of undergraduate employed or in graduation school within 6 months of graduation
- The median starting salary is USD 52,500 for the Class of 2018
Master of Quantitative Finance at Rutgers University Application Process
- Academic transcripts
- Official GMAT or GRE scores
- Official English Language proficiency scores
- Upload the Financial Affidavit of Support and all financial documents such as bank statement to the application portal
- Students can pay their fees in installments
- There is a $50 enrollment fee per semester
- For Fall Enrollment:
- 5 August - 25% is required as down payment and the rest amount is payable in 3 equal installments from August-October
- 5 September - 25% is required as down payment and the rest amount is payable in 2 equal installments from September-October
- Plan payments are automatically processed on the 15th of each month
Master of Quantitative Finance at Rutgers University Rankings
| Rank | Rank Publisher |
|---|---|
| #85 | |
| #151 |
Master of Quantitative Finance at Rutgers University Placements
| Particulars | Statistics (2021) |
|---|---|
| Internship Available | Yes, MQF Internship is an integral and important enhancement to class lectures, readings, and student assignments. The internship provides students practical experience in the quantitative finance field wi MQF Internship is an integral and important enhancement to class lectures, readings, and student assignments. The internship provides students practical experience in the quantitative finance field with the opportunity to experience theory in the business environment In the final semester of the program, students who need less than the full-time course load to complete the program are permitted to obtain a full-time internship |
Master of Quantitative Finance at Rutgers University Students also asked
The residence halls at Rutgers University Newark are furnished with basic amenities. Things like TV, computer, and decorations will give a homely touch. Note that linens are not furnished by the university. Students can bring sheets, pillows, blankets, pillowcase, towels, etc. Also, bring some 6-7 pairs of casual wear, heavy winter jacket, formal outfits, comfortable shoes, umbrella or raincoat, toiletries and personal care, etc.
Yes, international students seeking admission to Rutgers can submit an IELTS score to show their English language proficiency. Other equivalent tests are also accepted. The minimum scores required for UG courses are given below:
Tests | Minimum Scores |
|---|---|
TOEFL iBT | 79 |
IELTS | 6.5 |
PTE | 53 |
Duolingo | 115 |
Rutgers-Newark and Rutgers-New Brunswick are two of the three regional campuses of Rutgers University. The campus size of Rutgers Newark is 38 acres. Furthermore, this university is minutes away from Manhattan, i-95, and two international airports, all accessible via public transportation. It also has 120+ student organizations and 14 men's and women's NCAA Division III athletic teams. A comparison between Rutgers-Newark and Rutgers- New Brunswick is given below:
Particulars | Rutgers-Newark | Rutgers- New Brunswick |
|---|---|---|
Academic reputation | Law, Business, Criminal Justice | Highly ranked in STEM, Liberal Arts, Business, Engineering, Psychology |
Student population | 10,000+ | 50,000+ |
Acceptance rate | 79% | 65% |
Annual tuition fees | INR 13 L – INR 51 L | INR 13 L – INR 38 L |
Class sizes | Smaller | Larger |
Home to Scarlet Raiders, Rutgers-Newark competes in various regional athletic conferences at the NCAA Division III level for men's and women's sports. There are 14 men's and women's Scarlet Raider NCAA Division III athletic teams.
Rutgers University offers a number of undergraduate and graduate programs. At the UG level, over 55 majors and at the PG level, 51+ programs are offered. Study areas of the UG courses are Arts, Sciences, Humanities, Business, and Nursing. A few of the study areas of the PG courses are Biology, Chemistry, Economics, Psychology, etc. The two most popular programs of this university among international students are MBA and MS in Computer Science. The schools & colleges at Rutgers are:
- Graduate School
- Rutgers Business School
- Rutgers Law School
- School of Arts and Sciences
- School of Criminal Justice
- Public Affairs and Administration
Rutgers UniversityStudents Ratings & Reviews
- 0% students never faced discrimination in this university
Master of Quantitative Finance at Rutgers University Highlights
- The Rutgers Master of Quantitative Finance Program is a unique and exciting degree program designed to prepare students for employment in this interdisciplinary, technologically sophisticated, specialized field
- The program consists of 45 credits (30 core and 15 elective) and can be taken on either a full-time basis to be completed in three semesters (not including summer sessions) or a part-time basis to be completed in three years (not including summer sessions)
- The role of these professionals is also changing in response to technological advances; finance professionals now perform more analysis and serve directly with senior management in planning for profit maximization
Master of Quantitative Finance at Rutgers University Scholarships
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195 University Ave, Newark, New Jersey 07102, USA
Newark ( New Jersey)

