MS in Financial Engineering
Talk to ExpertMS in Financial Engineering at Columbia University Overview
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 | ₹66.73 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 at Columbia University Fees
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 66,72,949 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 15,66,799 |
| Insurance | INR 4,39,360 |
Calculated at the exchange rate of 1 USD = INR 88.67 | Tuition & expenses were last updated on 30ᵗʰ August 2025MS in Financial Engineering at Columbia University Curriculum
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
MS in Financial Engineering at Columbia University Entry Requirements
- No specific cutoff mentioned
- CGPA - 3/4
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- Applicants must hold a bachelor's degree from an institution of acceptable standing
- Applicants aspiring to join the MSFE program are expected to possess a strong foundational knowledge of essential subjects such as calculus, linear algebra, probability, and statistics
- Familiarity with differential equations would also be advantageous. Proficiency in coding and the ability to work with financial models, conduct scenario simulations, and analyze and mine data are integral to the program
- A robust comprehension of finance concepts is indispensable. This includes a solid understanding of derivatives, risk management, portfolio theory, and the dynamics of financial markets. Immersing yourself in financial news and staying attuned to market trends can greatly enhance your perspective.
- 3.0 (out of 4) GPA is preferred. Most successful applicants have a GPA higher than 3.0
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Out of 10
- N/A
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- 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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Out of 10
- Marks - 99/120
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- 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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- 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
- Marks - 6.5/9
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- 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
- No specific cutoff mentioned
- For future admission cycles, the University recommends preparing for the GRE, as it has historically been a required component
- Marks - 130/160
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- 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
- After applying, applicants will be able to submit a video interview through the application portal. The university will be asked three random questions and will have three minutes to respond. Applicants are encouraged to answer as if speaking in a face-to-face conversation. There is no need to stress about the interview—it is simply a way for us to get to know them better
- The university recommends that prospective students have some professional experience, either in the form of a full-time position or an internship
MS in Financial Engineering at Columbia University Frequently Asked Questions
Buckle up if you're an Indian student, as UG courses at Columbia Uni cost somewhere in the range of INR 51 L-INR 59 L. If you're interested in an Master's, then you can expect to pay somewhere in the range of INR 21 L-INR 1.23 Cr.
It is among a select group of R1 institutions in the US, which are known for their very high research activity.
The university's scientists are known for conducting hundreds of innovative tasks in Health sciences each year. Also a number of his medicines have also reached the market, with some notable ones including: Xalatan, Remixade, Reopro, Benefix, Latanoprost & Zolinza.
As an Indian student, it's not easy to get into either. Your chances of admission at admission stand at 4.94% at Columbia. If you think this is low, Harvard accepted its Class of 2028 at a rate of 3.6%. This means Harvard asks you to put in that extra effort.
As an Indian student, 3.0 is generally considered the bare minimum if you want to study at Columbia Uni. For Engineering, a minimum 3.3 in your past academics is needed. Make sure to maintain a good profile non-academically as well.
University of British Columbia accepts country-specific qualifications from international students. Listed below are the UBC entry requirements for Indian students:
Bachelor's Degree Requirements:
- Higher Secondary School Certificate awarded on completion of Standard XII
Master's Degree Requirements:
- A four-year bachelor’s degree or a master’s degree
- First Class/Division 1 (65%) or Very Good (8 on a 10-point scale)
- Bachelor's degree + Master's degree or M.Phil. Degree
- First Class/Division 1 (65%) or Very Good (8 on a 10-point scale)
Additional requirements: M.Phil., Master's Degree, Master's degree in Engineering, Forestry or Medicine
MS in Financial Engineering at Columbia University Application Process
- 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
- Offical transcripts
- Official GRE Test Scores
- Proof of English proficiency scores
- Copy of passport
- 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
| Rank | Rank Publisher |
|---|---|
| #10 | |
| #14 | |
| #17 |
MS in Financial Engineering at Columbia University Placements
| 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 UniversityMS in Financial Engineering at Columbia University Students also asked
Columbia University’s Law course ranks exceptionally well in THE subject rankings. It ranks at the #4 position in 2024. A few of the other courses that rank well are:
Course | THE Subjects Rankings 2024 |
|---|---|
Arts and Humanities | #10 |
Social Sciences | #12 |
Psychology | #13 |
Life Sciences | #14 |
Times Higher Education (THE) is known for providing rankings to evaluate the university performance on the global level. According to the THE rankings 2025, Columbia University has received a rank of #18. Some of the other university level rankings at Columbia are given as follows:
| Year | Times Higher Education University Rank |
|---|---|
| 2023 | #11 |
| 2024 | #17 |
| 2025 | #18 |
Columbia University has been ranked at #11 for its MS courses according to the Shiksha Popularity World Rankings. Some of the other rankings of the MS courses at the university are given as follows:
| Ranked by | 2023 | 2024 | 2025 |
|---|---|---|---|
| THE (Times Higher Education) - Life Sciences | 12 | 14 | 14 |
| QS - Biological Sciences | 18 | 18 | 17 |
| QS - Mathematics | 22 | 21 | 21 |
| QS - Physics and Astronomy | 21 | 28 | 22 |
| THE (Times Higher Education) - PG Computer Science | 21 | 24 | 26 |
In the world rankings, Columbia University rank is #34 in the QS World University rankings. In 2024, the university ranks at #23 position. In Times Higher Education rankings, the university ranks at #18 position in 2025. In 2024 THE rankings, the university was placed at 17 position. Though in both the world rankings, the university’s rank has declined in 2025 rankings, it has still managed to stay in the Top 50 Universities in the world.
Columbia SIPA was founded in 1946 in the aftermath of World War 2, with the mission to foster understanding of vital geographic regions & prepare diplomas, officials & other professionals to meet the complex needs of the post-war world.
The school expanded over the 1950s & 60s & moved to the Columbia University's east campus in 1971. It was renamed to School of International & Public Affairs (SIPA) in 1981.
Columbia UniversityStudents Ratings & Reviews
2 Verified Reviews- 67% students never faced discrimination in this university
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MS in Financial Engineering at Columbia University Highlights
- 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:
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