Master of Financial Engineering Program

Admissions Criteria

The MFE can be completed in 12 months of full-time coursework. Applications are accepted year-round on a rolling deadline, and up to 68 students are enrolled each year. The program begins and ends only in the spring (March), and is not available part-time. The goal of the application review process is to identify those candidates who are the strongest fit with our program. Applicants should possess:

  • A valid degree from an accredited institution, comparable to the 4-year Bachelor's Degree from UC Berkeley
  • Recommended post-university work experience. Preferred but not required. The MFE also admits undergraduate students with strong academic background with little to no experience
  • Prior exposure in computer programming (C, C++, Python) and familiarity with computers as a computational and management tool
  • Experience with statistical and econometric applications (Example: R)
  • A strong quantitative background including linear algebra, multivariate calculus, differential equations, numerical analysis and advanced statistics and probability (see our prerequisite course chart)
  • Experience with mathematical tools (Example: Matlab)
  • Experience with machine learning concepts
  • Excellent writing, speaking, and presentation skills (in English)

Application Deadlines

Please note that our program begins in March of each year and that we do not have a fall intake.

We are currently accepting applications for the program beginning in March 2018. Please see below for the application deadlines for the 2018-19 term; all application deadlines are 11:59 PM Pacific time:


Round: Online application submitted by: Decision posted by:
One January 19, 2017 March 10, 2017
Two March 29, 2017 May 25, 2017
Three June 22, 2017 August 18, 2017
Four October 2, 2017 December 1, 2017

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*Late applications will be accepted through November 15, 2017. Late applications will take 6 weeks to process from the day that they are marked "complete". 

** Applications received will take 6-8 weeks to process from the day that they are marked "under review". Applications that are incomplete by December 15, 2017 will not be considered for admission for the 2018-19 term. Please note that our office will be closed December 24 - January 1 for winter break.

To apply to the MFE Program, applicants must submit an online application. The MFE Program no longer has a paper application.

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