Master of Quantitative Finance
3.5 /5
- Public University
Rutgers Business School- Newark and New Brunswick
Talk to ExpertMaster of Quantitative Finance at Rutgers University Overview
The Rutgers University is a popular destination among international PG students interested in starting Master of Quantitative Finance from abroad. The program lasts for a duration of 18 months. The Master of Quantitative Finance program is considered part of the top ranked courses in USA. Candidates interested in pursuing the course must meet the eligibility criteria & secure valid scores in exams such as IELTS, TOEFL, GRE, GMAT and PTE. The interested students should fill the form as soon as possible because the application window opens for a short time only. The first year tuition fee for Master of Quantitative Finance at Rutgers University is around USD 50,280 (INR 4,826,377). Students must also plan for some other additional costs over the duration of studies such as rent, groceries, books, health insurance, etc. The average estimated cost of living at Rutgers University is around USD 19,895 (INR 1,909,721).
Duration | 18 months |
Tuition & Fees | ₹48.50 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
The fee structure for the Master of Quantitative Finance at the Rutgers University covers the first-year tuition fees along with other additional charges, including the Books and supplies charges, facilities cost and many more offered by the Rutgers University. Other than tuition costs, students need to pay living expenses that cover various factors like rent, food, transportation, utility, and other personal expenses. The average cost of living is USD 19,895 (INR 1,909,721). The total tuition fees for the first year of Master of Quantitative Finance is USD 50,280 (INR 4,826,377).
Find more details about Rutgers University Master of Quantitative Finance on the fee breakup, from the table mentioned below.
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 48,49,732 |
| Application Fee | INR 6,752 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 19,18,962 |
| Insurance | INR 2,64,382 |
Calculated at the exchange rate of 1 USD = INR 96.4545 | Tuition & expenses were last updated on 12ᵗʰ February 2026Download exam sample paper
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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- 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
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- 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
Master of Quantitative Finance at Rutgers University Application Process
- All applicants are required to write a personal essay which should cover the following topics:
- Why are you interested in quantitative finance?
- How is your background appropriate for quantitative finance?
- Why did you choose the MQF program at Rutgers Business School?
- What are your career objectives?
- What have you done to prepare for our program?
- Submit current resume
- 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 |
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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
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