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Universities / Stanford University

MS in Computational and Mathematical Engineering, Mathematical and Computational Finance track (MCF)

A long-established Stanford programme that blends financial mathematics with software engineering, data science and machine learning. Very small, highly selective cohorts with a practical component in risk analytics and AI in fintech.

What you’ll study

Core

  • Numerical linear algebra
  • Convex optimization
  • Stochastic differential equations
  • Programming abstractions
  • Parallel computing (MPI, OpenMP, CUDA)
  • Master's research
  • Financial risk analytics
  • Artificial intelligence in financial technology

Electives

  • Statistical arbitrage
  • Machine learning for electronic markets
  • Decentralized finance
  • Mining massive data sets
  • Blockchain market design and microstructure

Source: mcf.stanford.edu ↗

Before you apply

Maths
Minimum of three university mathematics classes; Recommended: linear algebra, numerical methods, probability, statistics, real analysis
Programming
Python and C++ topics students should be prepared to study
Tests
GRE/GMAT not required or accepted
Other
No work experience required; no formal prerequisites listed

Source: mcf.stanford.edu ↗

After graduation

Employment
Programme reports 'nearly 100% placement' for students seeking internships and full-time industry jobs in recent years (no class year given)
Employers
Goldman Sachs, Morgan Stanley, JP Morgan, Bank of America, Citigroup, Tudor Funds, Two Sigma, BlackRock, GMO, Cubist, Citadel, QRT, Vanguard, Balyasny, Millennium, IMC

Source: mcf.stanford.edu ↗

Want to see what employers ask for? Browse open quant roles.

Need-blind admissions; assistantships few and not guaranteed. Tuition follows School of Engineering graduate rates (no figure published on the page).

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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