Universities / Rutgers University
Master of Quantitative Finance (MQF)
A business-school quant finance degree with a heavy programming strand (two object-oriented programming in finance courses), stochastic calculus, derivatives, fixed income and modelling. Fifteen credits of electives span risk, data mining, AI, trading strategies and portfolio management.
What you’ll study
Core
- Analysis of Fixed Income
- Econometrics
- Financial Institutions & Markets
- Financial Modeling I
- Financial Modeling II
- Contemporary Topics in Finance - MQF
- Numerical Analysis
- Object Oriented Programming in Finance I
- Object Oriented Programming in Finance II
- Derivatives
- Stochastic Calculus for Finance
Electives
- Credit Risk Modeling
- Market Risk Management
- Financial Time Series
- Optimization Models in Finance
- Data Mining
- AI Methods with Neural Networks and Deep Learning
- Quantitative Equity Trading Strategies
- Hedge Fund
- Large Language & Vision Models in AI
- Indexing & ETFs
- Stochastic Processes
- Applied Portfolio Management
Source: business.rutgers.edu ↗
Before you apply
- Background
- Completed undergraduate degree (transcripts must show conferral); no major named
- Tests
- GMAT/GRE/EA optional; submitting a score is considered for scholarships
- English
- TOEFL required if English is not the country's official language (waived for English-medium degree or 3+ years US work); IELTS or PTE Academic min 68 also accepted
- Other
- Resume and personal essay; no recommendation letters; US$70 fee; deadlines Jul 15 / May 15 (intl) for fall
Source: business.rutgers.edu ↗
After graduation
- Typical first roles
- Portfolio risk, Algorithmic trading, MBS pricing, Model validation
- Employers
- JPMorgan Chase, HSBC, Cowen (alumni testimonials only, not placement data)
Want to see what employers ask for? Browse open quant roles.
A programme factsheet and MQF stats infographic exist (PDFs linked from the programme page) but their contents were not readable.
Checked 6 November 2026 against the sources linked on this page. Fees, units and requirements change each year, so confirm them on the programme’s website before applying.
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