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Master of Quantitative Finance 

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#170 in MS in USA

  • Public University
  • Institute IconRutgers Business School- Newark and New Brunswick
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Master of Quantitative Finance
 at 
Rutgers University 
Overview

Duration

18 months

Tuition & Fees

45.03 Lakh
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Course Level

PG Degree

Master of Quantitative Finance
 at 
Rutgers University 
Fees

icon1st year tuition fees
Fees componentsAmount (for 1 year)
Tuition & feesINR 45,03,403
iconOther expenses in 1st Year
Fees componentsAmount (for 1 year)
Hostel & MealsINR 14,39,467
InsuranceINR 2,43,209
Info IconCalculated at the exchange rate of 1 USD = INR 88.73 | Tuition & expenses were last updated on 4ᵗʰ February 2025

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Master of Quantitative Finance
 at 
Rutgers University 
Entry Requirements

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Master of Quantitative Finance
 at 
Rutgers University 
 
Frequently Asked Questions

Q:   Why is Rutgers so famous?
A: 

Rutgers University has a reputation for learning excellence. It continuously appears in the most respected annual listings of the world’s top universities. This is the only university in the US that is a colonial college, a land-grant-institute, and a leading national public research university. Furthermore, the university’s faculty includes members of the National Academies and winners of the National Medals of Science and Technology; Pulitzer Prizes; Fulbright Scholars, etc.

Also Check: Reasons to Study in USA

Q:   Which school is better, Binghamton University or Rutgers University?
A: 

The comparative QS World Rankings of Binghamton University and Rutgers University are given as follows:

Year Binghamton UniversityRutgers University (Newark)
2020801-1000651-700
2021801-1000751-800
2022801-1000801-1000
20231001-1200801-1000
20241001-1200771-780
20251001-1200801-850
Q:   What are the total expenses (for one year) to study at Rutgers University?
A: 

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.

Q:   How do I get admission at Rutgers University?
A: 

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
Q:   What is the value of a Rutgers-Newark degree?
A: 

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

Step one
Prepare documents for application
Up Arrow Icon
ESSAYS
  • 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?
CV
  • Submit current resume

Master of Quantitative Finance
 at 
Rutgers University 
Rankings

Master of Quantitative Finance
 at 
Rutgers University 
Placements

ParticularsStatistics (2021)
Internship AvailableYes,
Lock IconTop Recruiters for Rutgers University
Bank of America
Barclays Capital
Bloomberg
HSBC
Morgan Stanley
UBS

Master of Quantitative Finance
 at 
Rutgers University 
 
Students also asked

Q:   What should I bring to Rutgers University as a new admitted Indian student?
A: 

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.

Q:   Does Rutgers University accept IELTS score?
A: 

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

Q:   What is the difference between Rutgers-Newark and Rutgers- New Brunswick?
A: 

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

Q:   How are athletics at Rutgers University, Newark?
A: 

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.

Q:   What is the ranking of Rutgers University in the world?
A: 

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 University
Students Ratings & Reviews

3.5/5
Verified Icon1 Verified ReviewInfo Icon
Student Views (Based on Reviews)
  • 0% students never faced discrimination in this university
Vibe of Campus
Fun loving
Academically oriented
Internships3
Part time work2
Post study jobs4
Quality of faculty4
Student Life5
Value for money3
Public transportation4
Safety4
Indian Food4
Permanent Immigration2
A
AnonymousVerified Icon
Bachelor of Science in Finance - Batch of 2026
Offered by Rutgers University
3.5
The university is great and it matched with the expectations.
Tips: You will experience a really inclusive and dynamic campus life. There will always be something to do especially if you are someone interested in extracurriculars. I was an active part of the hiking and camping clubs which made college life a lot more fun and eventful. Overall, I am satisfied with my experience.
Total Monthly ExpenseUSD 4775
Prepping time for classes28 hours/Week
Expected Annual SalaryUSD
Reviewed on 18 Jul 2024Read more
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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

Master of Quantitative Finance
 at 
Rutgers University 
Scholarships

Scholarship information is not available. You can apply to non-college specific scholarships available for USA.
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About the author

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Akansha katariya

Study Abroad Expert

Akansha katariya is a content creator at shiksha.com, creating content for study abroad. Having pursued B tech. in Electronics and communication from RGPV University, she has been creating content across diverse domains. When not guiding students, sh...Read Full Bio

Master of Quantitative Finance
 at 
Rutgers University 
Contact Information

Address

195 University Ave, Newark, New Jersey 07102, USA
Newark ( New Jersey)

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