M.S. in Financial Engineering

Entry Requirements for Postgraduate Programs

1. Academic Qualifications:

   • Postgraduate Admission: CGU requires international applicants to have completed a bachelor's degree or its equivalent from a recognized institution.
   • Minimum Percentage: Prospective postgraduate students are expected to have a minimum academic percentage of 65 or above.
      

2. English Language Proficiency:

   • IELTS(International English Language Testing System): A minimum overall score of 7 is required, with no individual band score less than 6.5.
   • TOEFL iBT(Test of English as a Foreign Language):  The minimum TOEFL overall score often required is 95.
   • PTE(Pearson Test of English): A minimum PTE score of 66 is required.
      

3. Standardized Tests:

   • GRE (Graduate Record Examination): A minimum GRE score of 300 is required.
   • GMAT (Graduate Management Admission Test): A minimum GMAT score of 580 is required.

Scholarship Opportunities for International Students at Claremont Graduate University:

1. International Student Scholarships: Claremont Graduate University (CGU) recognizes the importance of attracting talented and diverse students from around the world. As part of its commitment to global education, CGU offers various scholarships specifically designed for international students. These scholarships are merit-based and aim to support outstanding individuals in pursuing their academic goals.

2. Merit-Based Scholarships: CGU provides merit-based scholarships that consider the academic achievements, skills, and potential contributions of international students. These scholarships may cover a portion of tuition expenses and are awarded competitively.

3. Diversity and Inclusion Scholarships: To foster a diverse and inclusive academic community, CGU may offer scholarships that focus on supporting students from underrepresented backgrounds. These scholarships contribute to creating a vibrant and varied student body.

4. Graduate Fellowships: CGU's graduate fellowships are competitive awards that encompass financial support and may include tuition coverage, stipends, or research grants. These fellowships are often open to both domestic and international students based on their academic excellence and research potential.

5. Departmental Scholarships: Some academic departments within CGU may have specific scholarships dedicated to international students pursuing degrees in those departments. These scholarships are tailored to the unique needs and goals of students in particular fields of study.

6. Research and Teaching Assistantships: International students at CGU may have opportunities to work as research or teaching assistants, contributing to faculty projects or assisting in undergraduate courses. These roles not only provide valuable experience but also offer financial support in the form of stipends or tuition remission.

7. External Scholarships and Grants: CGU encourages international students to explore external scholarship opportunities offered by government agencies, foundations, and private organizations. The university's scholarship office or academic departments may provide guidance on identifying and applying for these external funding sources.

8. Global Impact Scholarships: CGU may have scholarships that focus on supporting international students who demonstrate a commitment to making a positive impact on a global scale. These scholarships often consider applicants' experiences, leadership, and aspirations for contributing to global solutions.

9. Application Process and Deadlines: International students applying for scholarships at CGU should carefully review the application process and deadlines specified by the university. Typically, scholarships require a separate application, and deadlines may vary based on the type of scholarship.

The Master of Science (M.S.) in Financial Engineering at Claremont Graduate University is a beacon for those aspiring to be future financial leaders. This program not only equips students with a deep understanding of financial principles but also hones their quantitative and technological skills, preparing them for dynamic roles in the financial industry.

1. Quantitative Prowess: Graduates from the M.S. in Financial Engineering program possess a strong quantitative foundation. They are adept at applying mathematical and statistical methods to analyze financial data, assess risks, and develop innovative financial models. This skill set positions them as invaluable assets in a data-driven financial landscape.

2. Technological Acumen: In an era where technology is transforming the financial sector, this program ensures that students are well-versed in cutting-edge financial technologies. From algorithmic trading to machine learning applications in finance, graduates are equipped to leverage technology for strategic decision-making.

3. Industry-Relevant Curriculum: The program's curriculum is meticulously designed to align with industry needs. Students engage with real-world financial scenarios through case studies, projects, and simulations, ensuring they are not only theoretical experts but also capable of applying their knowledge in practical settings.

4. Career Diversification: The M.S. in Financial Engineering opens doors to diverse career paths. Graduates find themselves in high demand across various sectors, including investment banking, asset management, insurance, and fintech. The blend of financial acumen and engineering skills enables them to adapt to different roles and challenges.

5. Networking Opportunities: Claremont Graduate University facilitates networking opportunities with industry professionals, alumni, and guest speakers. These connections provide students with insights into the latest industry trends, internship possibilities, and potential job placements, enhancing their career prospects.

6. Leadership Development: The program goes beyond technical skills, focusing on developing leadership qualities. Through collaborative projects and team-based activities, students hone their communication, problem-solving, and leadership skills – essential attributes for advancing into leadership roles in the financial domain.

7. Professional Certifications: Graduates are well-positioned to pursue professional certifications such as the Financial Risk Manager (FRM) or Chartered Financial Analyst (CFA). These certifications enhance their credibility and marketability in the competitive financial job market.

8. Global Perspective: With a diverse and inclusive environment, the program fosters a global perspective. Graduates are prepared to navigate the complexities of international finance and contribute effectively to the global financial landscape.

9. Research Opportunities: Students have access to research opportunities, collaborating with faculty on projects that contribute to advancements in financial engineering. This exposure to research not only deepens their understanding of the field but also positions them as contributors to the evolving financial landscape.