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Requirements

  • Government-Issued Photo ID
 (e.g. national ID card, passport, or driver’s license)
  • Official transcripts from highest college/university degree earned* 
(Bachelor’s degree required)
  • Proof of English proficiency (Duolingo English Test, TOEFL, IELTS, or PTE scores)**
  • Passing score (75% or above) on Quantitative Proficiency Test
  • Completed online application with all required documents

* As part of your application, you may submit a scanned copy of your transcript for the highest college or university degree you have earned. Upon acceptance into the Program, you are required to submit official transcripts, which are sent directly from your former college or university to WQU via postal mail or email. Official transcripts that are not in English will need to be evaluated by a member of NACES and submitted to the University for review. Please refer to the policy in the University Catalog.

** The Duolingo English Test, The Test of English as a Foreign Language (TOEFL), the International English Language Testing System (IELTS), or the Pearson Test of English (PTE) is required of applicants whose native language is not English. The only exception is for applicants who have earned a degree at an institution where the language of instruction is English.

TestCostMinimum Passing Score
Duolingo English Test$49 USD100
TOEFL iBT$180 USD (price may vary by country) 71
IELTS$215–$240 USD (price may vary by country)6.5
PTE Academic $175–375 USD (price may vary by country)50

Financial Engineering is a multidisciplinary field that combines financial theory, mathematics applications, engineering methods, and programming practices — making the field a good fit for students from a range of backgrounds.

We’ve found that students with undergraduate experience in mathematics and programming have the best rates of success in the Program, but we encourage those qualified, interested, and committed to apply.

The skills listed below are not required, but are a good indicator that you are a good fit for the Program:

  • Bachelor’s degree in a technical discipline such as physics, mathematics, computer science, engineering, or economics
  • Experience in analyzing datasets
  • Undergraduate-level lab science course (biology, chemistry, physics, etc.)
  • Experience in at least one programming language such as Python, C++, Java, etc.
  • Undergraduate-level proficiency in Maple or R
  • Experience with Discrete Optimization
  • Relevant work experience

The Application Process

Create an account

Once you have created an account, you will receive an automated email with a verification link. Clicking on the link will verify your account and allow you to fill out your profile and to upload the required documents.

Please be aware that you must complete your profile and upload your documents in one sitting. Before starting your application, please review the admission requirements and make sure to gather all the required documents.

Review admission requirements and make sure you’re aware of deadlines

While every effort is made to accommodate students, submitting an application by the deadline does not guarantee acceptance or a seat in the desired course session.

2021 MSCFE START DATES

Start DateApplication Deadline
January 6December 22
April 6March 23
July 6June 22
October 5September 21

Admission to the Master of Science in Financial Engineering Program is available to all qualified applicants who meet the above requirements.

Gather and upload your required documents

Here is the complete list of all the documents needed to complete your application:

  • Government-Issued Photo ID
 (e.g. national ID card, passport, or driver’s license)
  • Official transcripts from highest college/university degree earned* (Bachelor’s degree required)
  • Proof of English proficiency (Duolingo English Test, TOEFL, IELTS, or PTE scores)**

Remember, you will have to complete your profile and upload your documents in one sitting. Admission decisions can only be made once all the required documents are received. Before submitting, please double check all parts of your application to make sure you have uploaded all of the required documents. You will not be able to make any changes after submission (unless you need to update your contact information).

Take the Quantitative Proficiency Test

Upon submission of the preliminary portion of your application, you may proceed to take the Quantitative Proficiency Test to determine your mathematical and statistical proficiency. It may take up to three hours and must be completed in one sitting, so make sure you have enough time before you begin. To be eligible for admission, you must earn a minimum passing score of 75%. Check out our FAQ to learn how to prepare for the test.

Nondiscrimination Policy

WorldQuant University does not discriminate against any person on the basis of age, ancestry, color, ethnic group identification, national origin, religion, race, gender or sex, sexual orientation, physical or mental disability, veteran status, or on the basis of these perceived characteristics, or based on association with a person or group with one or more of these actual or perceived characteristics.

Disabilities

WorldQuant University is committed to compliance with the Americans with Disabilities Act (ADA) of 1990, as amended, and Section 504 of the Rehabilitation Act of 1973, as amended.

Students requiring learning accommodations resulting from disability or injury should contact the Director of Admissions & Student Records. WQU provides accommodations based on medical or professional documentation submitted by the student. It is the student’s responsibility to self-identify to the institution prior to the start of class.

Ready to apply? Let’s go.

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