MS in Quantitative Finance

The MS in Quantitative Finance, offered jointly by NYU Stern and NYU Shanghai, prepares students with strong skills in mathematics, engineering, science, technology and finance for the modern global financial architecture. Over a one-year, 36-credit curriculum, students master trading, market and product design, underwriting and securitization, payments and settlement, derivatives, asset management, risk management and corporate financial management, with an emphasis on the technical innovations reshaping finance including FinTech. Graduates earn a New York University Master of Science degree.

The Master of Science in Quantitative Finance targets smart, disciplined students able to climb a steep learning curve and think creatively and critically. The program sits between highly technical financial engineering and generalist financial management, offering a rigorous quantitative curriculum that bridges modern financial products and state-of-the-art technologies such as FinTech. Students study at NYU Shanghai for the summer and fall terms and at NYU Stern in New York for the spring, gaining exposure to two global financial centres. The curriculum develops sophisticated financial analysis skills, effective communication with technology-driven colleagues, and adaptability to new developments in finance, from the largest financial institutions to specialized boutiques, nonfinancial corporations and asset managers.

• Joint NYU Stern and NYU Shanghai program with a New York University Master of Science degree
• 36-credit curriculum covering derivatives, risk management, asset management and FinTech
• Study across two global financial centres: Shanghai and New York
• Rigorous, technically demanding program between financial engineering and generalist finance
• Led by world-class faculty including the Nomura Professor of Finance at NYU Stern

A four-year bachelor's degree from an accredited college or university in the U.S., or an equivalent degree from a foreign country.

TOEFL minimum 90, new TOEFL minimum 4.5, or IELTS minimum 6.5, for non-native English speakers or those without an English-taught university degree.

Calculus (3 credits), Statistics or Econometrics (3 credits) and Accounting (3 credits), each with a minimum grade of B, completed before enrollment. Pre-approved online courses may satisfy unmet prerequisites (minimum 86% grade).

• Academic transcripts
• Prerequisite course evidence (Calculus, Statistics/Econometrics, Accounting)
• Resume/CV
• One letter of recommendation
• Personal statement
• English test score (if required)

Check your eligibility and confirm Calculus, Statistics and Accounting prerequisites | Prepare academic transcripts and resume/CV | Prepare your personal statement and one recommendation letter | Complete the online application and pay the application fee | Submit English test scores if required | Await the admission decision (rolling rounds)

Not stated on official pages.

The 36-credit program focuses on the modern financial architecture and its central functions: trading, market and product design, underwriting and securitization, payments and settlement, derivatives, asset management, risk management, corporate financial management, and the technical innovations (including FinTech) evolving across these areas. Learning objectives centre on sophisticated financial analysis, effective communication with technical colleagues, and adaptation to new financial technologies.

Graduates enter careers in trading, quantitative analysis, derivatives, asset management, risk management and FinTech across banks, asset managers, hedge funds, financial technology firms and nonfinancial corporations.