Introduction to Master of Financial Engineering at UCLA Anderson
Launch your career at the forefront of finance with UCLA Anderson’s Master of Financial Engineering program. This intensive program, designed for quantitatively adept individuals, provides a comprehensive foundation in financial engineering, equipping you with the skills and knowledge to tackle complex financial challenges. Taught by world-renowned faculty and housed within a top-tier business school, the UCLA Anderson MFE program will propel you towards a rewarding career in quantitative finance.
710
Avg. GMAT
26
Avg. Age
2 Yrs.
Avg. Exp.
84
Class Size
12
Months Duration
Quick Overview and Rankings
5
QS Top MiF
Tuition Fee and Scholarships for Master of Financial Engineering at UCLA Anderson
$78,740
Tuition Fee
+
$ 27,000
Living Cost
Avg. Cost of Study
The Tuition fees for UCLA Anderson MIF is $78,740 and an additional $ 27,000 in living cost.
For many years now, UCLA has been committed to enabling the most talented international students to pursue their studies within their elite business school. There are various scholarships for students such as Excellence Scholarships , etc.
Important Scholarships
- Excellence Scholarships
Average Employment Salary after UCLA Anderson Master of Financial Engineering
Employed within 3 months of graduation
Avg. Salary
34%
Consulting
28%
Finance
26%
Technology
12%
others
The average salary at UCLA Anderson MIF for the last graduating class was $129,000. 100% of the class was employed with 6 months of graduation with majority of class going into consulting (34%), Finance (28%) and technology (26%) oriented functional roles.
A Master of Financial Engineering benefits the applicant from their wealth of network opportunities. With a €129,000 average salary, UCLA provides a network of over 300 companies that recruit UCLA graduates. Asset management, Equity Research ,Sales and Trading are a few popular job opportunities for the young MIF graduates
Key Employers
- Citi
- Amazon
- Nike
- Meta
- Amgen
- Cisco
Eligibility Criteria for Master of Financial Engineering at UCLA Anderson
Academic Background:
- A bachelor’s degree or equivalent from a recognized institution.
- A strong quantitative background, including coursework in:
- Linear algebra
- Multivariate calculus
- Differential equations
- Numerical methods
- Probability
- Advanced statistics
- Experience or coursework in computer programming (e.g., C++, Python, Java).
- Familiarity with using computers as computational and management tools.
GPA Requirement:
- A minimum GPA of 3.75 out of 4.0 in the last two years of undergraduate coursework.
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Documents required : Master of Financial Engineering at UCLA Anderson
- All official transcripts from all institutions attended.
- GMAT or GRE score report (UCLA Anderson doesn’t have a preference for one over the other).
- Two letters of recommendation (professional or academic) that speak to your qualifications for the program.
- Two sample essays as outlined by the program.
- Resume highlighting your academic and professional experiences.
Course Schedule
FAQs about Master of Financial Engineering at UCLA Anderson
Does the MFE at UCLA qualify as a STEM program?
Yes, the UCLA Anderson MFE program qualifies as STEM, which can extend an international student’s Optional Practical Training (OPT) by 24 months – for a total of 36 months. OPT is temporary employment for practical training directly related to the student’s major area of study. OPT rules may be found here.
Are there any prerequisites for this program at UCLA Anderson?
All prospective students are expected to have a strong quantitative background, including linear algebra, multivariate calculus, differential equations, numerical methods and advanced statistics and probability. In addition, applicants should have some experience or coursework in computer programming (e.g., C++, Java, or Python), plus statistical and econometric modeling (e.g., R, SAS, STATA, or MATLAB). It is important to demonstrate competence in your quantitative abilities and analytical skills in your application, through undergraduate math courses and/or your GMAT or GRE score.
Which test is preferred, the GMAT or the GRE at UCLA?
The MFE program will accept a test score report from either the GRE or the GMAT. Preference to one exam is not given over the other.
