

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 | ₹45.80 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 45,80,041 |
| Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 14,63,963 |
| Insurance | INR 2,47,348 |
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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
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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
At Rutgers Uni, the tuition fee for one academic year is USD 35,758 for Non New Jersey students. Given below is the total cost of attendance:
Particulars | Expenses |
|---|---|
Fees | USD 3,179+ |
Room and board | USD 15,332+ |
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
In the best edition National University category by U.S. News, Rutgers University Newark has been ranked at #75 in 2026. It is also ranked at #36 in the Top Public schools category and #162 in the Best Value schools category. Also, it was ranked at #5 nationally abd the best in the Northeast for Social mobility by U.S. News in 2025 & 2026.
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 |
On-campus employment (part-time) is allowed for international students of Rutgers-University Newark. This on-campus employment is allowed only for 20 hours per week when the classes are going on. This can be unlimited during the vacation periods. On-campus employment at Rutgers include fellowships, graduate and teaching assistantships, employment with department, office or unit at Rutgers, etc.
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
Rutgers University – Newark is a leading urban research university that cultivates the talent essential to changing communities and the world. It ranks among the Top 100 Universities in the US in the 2024 edition of the Best Colleges (national university) as per a top-ranking publisher. It is placed at #6 position when it comes to being the most ethnically diverse campuses worldwide. Furthermore, RU Network is rated as Northeast’s fourth best bang for the buck by Washington Monthly.
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.
Rutgers Uni UG tuition fee is around USD 35,000. Whereas, the national average tuition fee is around USD 27,000. This means that when compared with the national average, Rutgers University Newark is expensive. Students are also required to pay the housing fee, books and supplies, transportation, and personal expenses. The total cost to study at Rutgers University can be INR 54,000+.
Rutgers University Newark ranks at #10 for the Best Bang for Buck in the Northeast, U.S. by Washington Monthly in 2023. Furthermore, as per Wall Street Journal College Rankings 2023, this university ranks at #1 in the Northeast School category for student diversity. Furthermore, in the National University ranking category by a top-ranking publisher, the university is placed at #80 position in the 2024 rankings.
Indian Students Association ar RU-Newark is a student-run cultural organisation that represents and celebrates Indian culture, heritage, and traditions. It celebrates Indian festivals like Holi, Diwali, Navratri, etc. Other events conducted by Indian Students Association are Bollywood movie nights, food festivals, and cultural dance performances, workshops and networking events.
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
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