

Master of Financial Engineering
- Public University
Haas School of Business
Master of Financial Engineering at UC Berkeley Overview
International students can pursue Master of Financial Engineering at PG level at University of California - Berkeley Campus. The duration of the course at the university is 1 year. The course is among the top-ranked courses in the International students must meet the entry requirements such as complete academic qualification, a valid test score in exams such as IELTS, TOEFL, GMAT and GRE to be eligible for the course. The University fees for international students for Master of Financial Engineering is around USD 82,901 for first-year. Students must manage additional costs such as
- Rent
- Hostel fees
- Food, books
- Supplies
- Utilities, etc.
Duration | 1 year Get Curriculum |
Tuition & Fees | ₹78.55 Lakh Get Fees details |
International Students Admission Website | Go to Website |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
Master of Financial Engineering at UC Berkeley Fees
The first-year tuition fee for the Master of Financial Engineering at the University of California - Berkeley Campus is USD 82,901. Moreover, the fee structure for the Master of Financial Engineering comprises the first-year tuition fees, supplement charges, facility requirements, and other additional charges offered by the University of California - Berkeley Campus.
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 22,040.
Check the detailed information on the University of California - Berkeley Campus Master of Financial Engineering on the fee breakup, from the table below.
| Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 78,55,031 |
| Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 19,50,086 |
| Insurance | INR 5,81,326 |
Master of Financial Engineering at UC Berkeley Curriculum
International students can access detailed course information by clicking the green button below for the University of California - Berkeley Campus Master of Financial Engineering program. The course PDF includes details on subjects covered, available electives, other course content, and a semester-wise breakdown of the curriculum.
Download exam sample paper
Master of Financial Engineering at UC Berkeley Entry Requirements
- No specific cutoff mentioned
- CGPA - 3/4
- Read less
- Applicants should have sufficient training to undertake graduate study in the chosen field and a satisfactory scholastic average, usually a minimum of 3.0 in upper division work
- Applicants need to demonstrate a strong quantitative background including linear algebra, multivariate calculus, differential equations, numerical analysis, and advanced statistics and probability
- Applicants should also have prior exposure in computer programming (C++, Python) and familiarity with computers as a computational and management tool.
- should have completed degree programs representing a minimum of 16 years of schooling with at least 12 years at the primary and secondary levels.
- A bachelor's degree that represents four or more years of course work such as the B. Engineering, the B. Technology, and the B. Architecture, or a master's degree in a nonengineering or technical field.
-
Prerequisites include:
- Computer Programming Experience
- Quantitative Background
- Training in Finance
- Language Skills
- In some cases, applicants may be admitted conditionally on the successful completion of one or more recommended courses before enrollment in the program

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Out of 10
- Marks - 90/120
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Out of 10
- No specific cutoff mentioned
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- No specific cutoff mentioned
- Marks - 7/9
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- No specific cutoff mentioned
- NA
- No specific cutoff mentioned
- interview is required for admission, and are conducted on an invitation-only basis
Master of Financial Engineering at UC Berkeley Frequently Asked Questions
As per the admission selectivity, Yale Uni is more selective than UC Berkeley with an acceptance rate of around 4.5%. Some of the comparative rankings and points of Yale University and University of California Berkeley are given as follows:
| Category | UC Berkeley | Yale University |
|---|---|---|
| QS World Ranking 2024 | #10 | #16 |
| Acceptance Rate | 9% | 4.5% |
| Tuition Fees (MS) | INR 22 L - INR 64 L | INR 36 L - INR 45 L |
| Average Salary (MBA) | USD 171,000 | USD 160,110 |
The tuition fees for international students in a year at UC Berkeley are given as follows:
Courses | 1st Year Tuition Fees |
|---|---|
MS (27 courses) | INR 21.8 L –INR 62.7 L |
BA (42 courses) | INR 33.8 L |
MBA/PGDM (4 courses) | INR 21.8 L – INR 67.2 L |
BE/ B.Tech (24 courses) | INR 33.8 L – INR 39.4 L |
MEng (9 courses) | INR 27.4 L – INR 28 L |
here. (7 courses) | INR 21.8 L – INR 66.1 L |
MDes (1 course) | INR 22 L |
INR 21.8 L – INR 26.2 L | |
MEng (6 courses) | INR 42.8 L – INR 45.2 L |
Others UG (19 courses) | INR 33.8 L – INR 39.4 L |
To know about more courses & fees, click here.
Haas School of Business is considered one of the best in the US and ranks high in the list of the best B-Schools of the world, mainly because of the campus, career opportunities, research opportunities, creative and rigorous curriculum and experienced faculty.
Haas offers a diverse range of subjects to its students, which has rankings given by the US World and News ranking body:
HAAS Business School Specialty | Rankings 2025 |
|---|---|
International Business | #11 |
Marketing | #10 |
Finance | #8 |
Best Business Schools | #11 |
Business Analytics | #10 |
Executive MBA | #6 |
Management | #10 |
Part-time MBA | #1 |
Non Profit | #4 |
Real Estate | #4 |
Entrepreneurship | #4 |
According to the QS World University rankings 2026, UC Berkeley had a ranking of #17 and Stanford University has a ranking of #3. The comparative THE rankings of UC Berkeley and Stanford University are given as follows:
| Year | UC Berkeley | Stanford University |
|---|---|---|
| 2024 | 10 | 5 |
| 2025 | 12 | 6 |
| 2026 | 17 | 3 |
HAAS school of Business is under the umbrella of UC Berkeley, and this B-School is considered one of the best in the entire world. According to the US News and World ranking, this B-School is ranked at #7 among the 124 best schools around the world.
The things that make this B-School this famous would be the location it is at, it is situated in the heart of Silicon Valley, near the tech giants, which can be a crucial factor in a students' career after they graduate as they are able to make tons of connections. Adding to this, the campus is worth taking pictures of, the students enjoy vibrant and happening life at the campus. The HAAS community is quite supportive and helpful to the international students. HAAS Business and Management programme are prominent, because of the creative curriculum, great research facilities, and the expert faculty.
The B-School has a career placement cell which helps the students to navigate throughout their placement journey. The campus is LEED certified which means the campus is safe and easy to navigate around for the students.
Master of Financial Engineering at UC Berkeley Rankings
| Rank | Rank Publisher |
|---|---|
| #1 | |
| #4 | |
| #5 |
Master of Financial Engineering at UC Berkeley Placements
| Particulars | Statistics (2023) |
|---|---|
| Average Salary | USD 1.56 Lakh |
| % Batch placed | 97 |
| Internship Available | Yes, The 10-week internship project is a required condition for graduation The internship period is from October to January Internship Statistics Class of 2018: Total Number of Students: 68 Number of Stude The 10-week internship project is a required condition for graduation The internship period is from October to January Internship Statistics Class of 2018: Total Number of Students: 68 Number of Students Looking for Job: 67 Number of Total Students Placed: 67 % of Students Placed: 100% Number of Total Offers: 115 Number of Total Students With Offers: 67 % of Students With Offers: 100% Average Monthly Compensation: $8,037 Median Monthly Compensation: $8,000 Companies offering internships include: Bank of America, Barclays, Capital Group, McKinsey & Company, Morgan Stanley, etc. |
Master of Financial Engineering at UC Berkeley Students also asked
There is a diverse range of Business and Management courses available at the HAAS School of Management including MBA, Full time, EMBA, Certificate programs and others. Berkeley HAAS does offer the Undergraduate programs in Management, and these programs are mentioned below:
· Spieker Undergraduate Business Program
· Global Management Program
· Robinson Life Sciences, Business, and Entrepreneurship Program
· Berkeley MET (Management, Entrepreneurship, and Technology) Program
· Bachelor of Science in Business
The HAAS School of Management acceptance rate stands at 25.3% (by US World and News 2025), which makes this B-School hard to get into.
Although the students must not lose hope, if a student can fulfil the requirements and convince the admissions team about what special that a student can bring to the table, then there are higher chances of getting an offer letter from the school.
These are some basic requirements of this B-School for Management admissions:
· A Bachelor's Degree from a valid academic institution (Representing at least 16 years of Education)
· Official Transcripts of Educational documents
· English language proficiency test (IELTS/TOEFL)
· Work experience (Full-time) of a minimum of 2 years
· Resume
· Letters of Recommendation – 2
· Essays
· Standard entrance test (GMAT/GRE) scores
HAAS Undergraduate Requirements as an International student:
· A High School Diploma from a valid academic institution (Representing at least 12 years of Education)
· Official Transcripts of educational documents
· English language proficiency test (IELTS/TOEFL)
· Resume
· Letters of recommendation – 2
· Essays
· Standard entrance test scores
· Activities and Awards
Haas School of Business is indeed a great B-School which is considered in the top 10 best schools worldwide. This B-School provides its students with the necessary skills need to excel in the world of Management after graduation. With the best-in-the-world curriculum, 2 Nobel Laureates, and an impressive network of famous alumni around the world and diverse industries make this school extremely popular among the Management studies enthusiasts worldwide, which is why the B-School follows a tough screening process to recruit the best talent of the world. The Haas acceptance rate stands at 17% for the year 2023, which means that out of every 100 applicants, only 17 were rolled out an offer letter which makes this school hard to get into.
Although, please note that by fulfilling the basic requirements and standing out of the pool of other candidates with the help of their essays, and SOPs, a student can bag their offer from the Haas School of Business.
Here are some requirements of the documents that is mentioned for the Haas admissions:
HAAS MBA Requirements as an International student:
· A Bachelor's Degree from a valid academic institution (Representing at least 16 years of Education)
· Official Transcripts of Educational documents
· English language proficiency test (IELTS/TOEFL)
· Work experience (Full-time) of minimum 2 years
· Resume
· Letters of Recommendation – 2
· Essays
· Standard entrance test (GMAT/GRE) scores
HAAS Under Graduate Requirements as an International student:
· A High School Diploma from a valid academic institution (Representing at least 12 years of Education)
· Official Transcripts of Educational documents
· English language proficiency test (IELTS/TOEFL)
· Resume
· Letters of Recommendation – 2
· Essays
· Standard entrance test scores
· Activities and Awards
International students are drawn to this B-school because Berkeley HAAS is situated in the heart of Silicon Valley, near the world's the largest tech giants. The location gives these graduates an abundance of opportunities to network with top companies of the world like Google, NVIDIA, and many more.
Graduates enter the UC Berkeley campus as wide-eyed students, and they graduate with a world-class education, great package, and fruitful connections.
The Berkeley campus is vibrant and beautiful. The B-School has an alumni network of 45,000 + students, and currently 295 students for the class of 2026. The HAAS School of Management students speak very fondly of the campus and life here. The campus has a happening vibe, which encourages open dialogue, resulting in communal harmony.
This B-School is particularly famous among international students because of the factors like research opportunities, creative curriculum, career opportunities and supportive community. Due to all these factors, the Business and Management enthusiasts apply to this School from all around the world, which makes it a bit competitive and ambitious. The HAAS School of Management acceptance rate stands at 25.3% for the year 2025, which makes this B-School hard to get into.
Although if a student can fulfil the requirements and convince the admissions team about what special that a student can bring to the table, then there are higher chances of getting an offer letter from the school.
These are some basic requirements of this B-School for Management admissions:
· A Bachelor's Degree from a valid academic institution (Representing at least 16 years of Education)
· Official transcripts of educational documents
· English language proficiency test (IELTS/TOEFL)
· Work experience (Full-time) of a minimum 2 years
· Resume
· Letters of recommendation – 2
· Essays
· Standard entrance test (GMAT/GRE) scores
HAAS Undergraduate Requirements as an International Student:
· A High School Diploma from a valid academic institution (Representing at least 12 years of Education)
· Official Transcripts of Educational documents
· English language proficiency test (IELTS/TOEFL)
· Resume
· Letters of recommendation – 2
· Essays
· Standard entrance test scores
· Activities and Awards
University of California - Berkeley CampusStudents Ratings & Reviews
- 50% students never faced discrimination in this university
Master of Financial Engineering at UC Berkeley Highlights
- The program is ranked as No. 1 in 2018 in the USA by TFE Times
- The Berkeley Master of Financial Engineering Program, a STEM designated degree, prepares students with the knowledge and skills for a career in the finance/fintech industry
- The MFE Program's curriculum challenges students to think of innovative ways to integrate quantitative methods with the theoretical framework and institutional settings in which they are applied
- The program is taught by a renowned faculty comprised of prominent scholars and industry luminaries, MFE courses are anchored in cutting-edge research and best practices in financial engineering
- Graduates will be ready to take a leading role in a fast-growing field that demands individuals who can apply their education and skills at the cutting edge of finance in investment banks, commercial banks, and other firms around the world
- MFE graduates received job offers in each of the previous four years at the highest average starting salary of any similar program
- Students have the option of completing a one-credit project or three-credit project. The $5,000 Morgan Stanley Applied Finance Project Award is given to the best three-credit project
Master of Financial Engineering at UC Berkeley Scholarships
Class Profile
| Average class profile for this course | |
|---|---|
| Work Experience | 2.6 |
| Bachelors GPA / Percentage | 3.72 |
| Student Age | 26 |
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