

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 | ₹77.18 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 77,18,369 |
| Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 19,16,159 |
| Insurance | INR 5,71,212 |
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
- NA
- No specific cutoff mentioned
- Marks - 7/9
- 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
- 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
Yes, if you're an Indian student, you do get the option to apply for scholarships which are offered, not only by the university, but also by external sponsors. Some popular options you can apply to as an Indian student are mentioned below:
Scholarship | Financial Reward |
|---|---|
Berkeley UG Scholarship | Up to USD 6,000 |
Fiat Lux Scholarship | NA |
Middle Class Scholarship | Up to USD 201,000 |
Regents and Chancellors Scholarship | USD 2,500 |
Even though there are more than 350 courses to choose from, programs in Computer Science, Social Science, Engineering, Business, Maths, and Marketing, are among the popular courses at the university.
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.
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 |
The University of California is constantly ranked among the top 10 business schools globally. Additionally, the students at the University of California are shaped to understand things deeply, with compassion, and open-mindedness among all of them. The university ensures the freedom of dialogue, expression, and more. On the variety of opinions held by our unique and different campus communities, courteously and peacefully.
Master of Financial Engineering at UC Berkeley Rankings
| Rank | Rank Publisher |
|---|---|
| #1 | |
| #5 | |
| #6 |
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
The placement rate at UC Berkeley is around 98% and the graduates are employed within 6 months of graduation. Top companies where these graduates work are Amazon, Meta, Google, Meta, Microsoft, etc. The graduates of this university have the skills leadership, research, management, marketing, business development, project management, etc.
Some of the Business and Management course rankings at University of California Berkeley are given as follows:
| Year | QS - Global MBA | Times Higher Education - PG Business and Economics |
|---|---|---|
| 2019 | 17 | 6 |
| 2020 | 9 | 5 |
| 2021 | 10 | 9 |
| 2022 | 11 | 6 |
| 2023 | 11 | 7 |
To check more rankings, click here.
University of California Berkeley is one of the oldest universities worldwide. It has an alumni network of over 550,000 members. UC Berkeley alumni network has famous personalities, innovators, industry leaders, mentors, entrepreneurs and more. University of California Berkeley alumni works in best companies such as Google, Apple, Amazon, Microsoft, Salesforce, and Open AI. Some of the alumni members at UC Berkeley are below:
- Steve Wozniak
- Gregory Peck
- Chris Pine
- Daniel Kahneman
- Brenda Song
- Alex Morgan
- John Cho
- Aaron Rodgers
- Ki Hong Lee
- Edith Head
- George Takei
- Marshawn Lynch
- Nnamdi Asomugha
First year students at University of California Berkeley mostly choose to stay at the campus residence halls which includes 96% of the students choosing the community, convenience and academic advantages of the residences. Some of the facilities offered at the university are given as follows:
- The residence halls include live-in staff utilities such as the internet connection, security, community centers, on-site laundry, and easy access to transportation.
- Residence halls at the campus have a contract that includes a Berkeley Dining Blue Meal plan along with flexible upgrade plans and dollar flex options.
- There is an activity center around the residential areas that include activities such as off-campus excursions, workshops, faculty dinners, study groups, social events, and more opportunities.
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 |
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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