Carnegie Mellon University M.Sc Computational Finance Fees, Eligibility, Admission & Deadlines

Pittsburgh, Pennsylvania

University Private (Not for Profit) College

The Carnegie Mellon University offers an M.Sc in Computational Finance program for a duration of 2 years.
It is a Full-time course.
Over the last 25 years, increased competition, advances in technology, and the globalization of markets have dramatically lowered the cost and increased the speed and volume of data available for decision-making. Extensive regulation, implemented after the 2008 financial crisis, requires financial firms to better measure and control risk in their portfolios.
To succeed, bankers, traders, and money managers must understand the proper use and limitations of the mathematical models on which their decision-making is based, the statistical analysis and probabilistic distributions driving economic forecasts, and the management of software development necessary to implement these tools. Our students are trained to meet these industry needs.
Job opportunities after the M.Sc in Computational Finance and the average salary goes up to 79,786 USD.

Important Dates

Head	Avg Cost Per Year
Room and Board	$17448

Academic Eligibility:

Work Experience:

Eligibility:

A bachelor's degree from a regionally accredited college or university.
A record of scholarly achievement at the undergraduate level. Applicants are expected to have a 3.0 (based on a 4.0 scale) cumulative undergraduate grade point average and a 3.0 in their major field of study.

Language Requirments:

The students whose official language is not English are required to write IELTS or TOEFL exams before applying.

102 / 120

Avg. Score in

7.5 / 9

Avg. Score in

Following are the required Documents:

Test Scores: Official TOEFL or IELTS English proficiency exam test scores and also GRE Scores for Graduate Record Examination.
Resume: Make sure to upload your résumé or CV underneath the Supplemental Information portion of the online application; It should be in PDF form.
Letter of Recommendation: A letter of recommendation from an employer or teacher or the reference form from the Common Application may be used. This must be in English.
Application Fees: A $60USD application fee.
Transcript: A PDF of your most recent transcript from each college and/or university you attended, even if no degree was granted.
Statement of purpose: A good statement of purpose typically includes why you're interested in this program, your qualifications, and your goals.