MS in Accounting
Northeastern University in Boston offers a robust MS in Accounting pro...
MSF/MBA Quantitative Finance and Business Administration
Boston
INTAKE: Jan & Sept
Program Overview
The MSF/MBA in Quantitative Finance and Business Administration program at Northeastern University combines the specialized knowledge of finance with the comprehensive business acumen of an MBA. This dual-degree program is designed for students who wish to deepen their expertise in quantitative finance while gaining the leadership, strategy, and management skills needed to thrive in high-level positions across the finance and business sectors. The program is highly flexible, allowing students to tailor their coursework and co-op experiences to match their career goals. Graduates are prepared to take on leadership roles in finance, investment banking, asset management, and other business disciplines requiring quantitative skills.
Curriculum: The MSF/MBA Quantitative Finance and Business Administration curriculum is comprehensive, blending advanced finance techniques with essential business management concepts. Students begin with core courses in finance, including financial modeling, investment analysis, and financial econometrics, followed by foundational MBA courses in areas like marketing, strategy, operations, and organizational behavior. The quantitative finance component provides students with the analytical and computational skills required for roles in data-driven finance, while the MBA portion equips them with the strategic and leadership abilities to manage teams, make informed decisions, and lead complex business projects. The program also includes a wide range of electives, giving students the flexibility to specialize in areas like risk management, financial technology, or corporate finance.
Research Focus: Northeastern University’s MSF/MBA in Quantitative Finance and Business Administration program emphasizes both theoretical and applied research, particularly in the fields of financial modeling, quantitative risk management, algorithmic trading, and the impact of financial technology. The university encourages students to engage in research projects, many of which are conducted in collaboration with industry partners. Research in the program often focuses on creating new models and techniques to optimize financial decision-making, risk assessment, and performance measurement. Students have opportunities to present their research findings at conferences and publish in academic journals, positioning them as thought leaders in the field of quantitative finance and business management.
Industry Engagement: The MSF/MBA Quantitative Finance and Business Administration program at Northeastern University is closely integrated with industry through its strong focus on experiential learning. Students have the opportunity to participate in co-op placements, internships, and corporate partnerships with leading firms in finance, investment banking, consulting, and technology. These industry engagements provide students with hands-on experience, allowing them to apply classroom learning to real-world scenarios and build professional networks that can support their career growth. Northeastern’s renowned co-op program, which is a hallmark of the university, ensures that students gain practical, industry-relevant experience that significantly enhances their employability.
Global Perspective: The MSF/MBA in Quantitative Finance and Business Administration program at Northeastern University provides students with a global perspective on finance and business. The program attracts a diverse student body, with participants from various countries and cultures, creating an international learning environment. Through global case studies, international internships, and study-abroad opportunities, students gain insights into the challenges and opportunities of operating in international financial markets. The program also encourages students to understand global financial regulations, market dynamics, and the role of emerging technologies in shaping the future of global finance. This global outlook prepares graduates to succeed in multinational firms and global financial markets, providing them with the skills to navigate international financial challenges.
Location
Boston
Score
IELTS 6.5
Tuition Fee
USD 83080
Postgraduate Entry Requirements
Academic Qualifications: Applicants for postgraduate programs typically require a minimum academic achievement of 70% or above in their bachelor's degree.
English Language Proficiency:
- IELTS: Overall band score of 6.5 with a minimum of 6.0 in each component.
- TOEFL: Overall score of 79 or higher.
- PTE: Overall score of 53 or higher.
- DET (Duolingo English Test): Minimum score of 105.
Northeastern University in Boston offers a range of scholarship opportunities for international students to help alleviate the financial burden of studying in the United States. These scholarships are designed to support academically talented students from around the world, promoting diversity and fostering an inclusive campus environment.
Merit-Based Scholarships: Northeastern University provides merit-based scholarships to international students based on academic excellence and achievements. These scholarships are awarded during the admissions process and are highly competitive. The amount and criteria for these scholarships may vary, but they aim to recognize students who demonstrate exceptional academic performance, leadership potential, and a strong their chosen field of study.
Northeastern International Scholars Program: This prestigious program offers scholarships to outstanding international students who exhibit leadership, academic excellence, and a desire to contribute to the global community. The Northeastern International Scholars Program provides both financial support and opportunities for personal growth through networking events, leadership training, and involvement in community service initiatives.
Need-Based Financial Aid: Although Northeastern University does not offer need-based financial aid to international students, there are still many merit-based scholarships available that can significantly reduce tuition costs. However, international students are encouraged to seek external scholarships or funding from their home country to help cover the remaining costs.
External Scholarships and Funding: In addition to institutional scholarships, international students at Northeastern University can explore a variety of external scholarship opportunities from governments, foundations, and organizations in their home countries. Many international students receive funding from these sources to support their education at Northeastern.
MSF/MBA in Quantitative Finance and Business Administration program at Northeastern University equips students with the technical, analytical, and leadership skills required to pursue a wide array of high-level careers in finance, consulting, and business management.
Investment Banker: Graduates of the MSF/MBA in Quantitative Finance and Business Administration program can pursue careers in investment banking, where they help companies raise capital, manage financial risks, and facilitate mergers and acquisitions. With their combined knowledge of quantitative finance and business administration, they can work on complex financial modeling, deal structuring, and valuations, contributing to high-level strategic financial decisions in investment banks.
Financial Analyst: The program prepares students for roles as financial analysts, who are responsible for evaluating investment opportunities, market trends, and corporate performance. Graduates are equipped with the analytical skills to conduct in-depth financial analysis, assess risks, and make informed recommendations. These professionals work in asset management, private equity, corporate finance, or venture capital firms.
Risk Manager: With expertise in quantitative analysis and risk assessment, graduates can work as risk managers. In this role, they analyze and mitigate potential risks to investments and portfolios, using advanced modeling techniques and data analysis. Risk managers are in demand at banks, hedge funds, insurance companies, and multinational corporations where managing financial risk is crucial for stability and profitability.
Quantitative Analyst (Quant): Known for their strong quantitative skills, graduates of this program can become quantitative analysts, or "quants," in financial institutions. These professionals develop mathematical models and algorithms to predict market movements, optimize trading strategies, and assess risk. Quants work in hedge funds, trading firms, and asset management companies, applying complex statistical methods to financial data.
Portfolio Manager: Graduates can pursue careers as portfolio managers, where they manage investment portfolios on behalf of clients. With their combined expertise in quantitative finance and business management, they use data-driven approaches to maximize returns while minimizing risks. Portfolio managers work for asset management firms, mutual funds, pension funds, and hedge funds, where their decisions directly impact investment outcomes.
Financial Consultant: The MSF/MBA in Quantitative Finance and Business Administration program prepares graduates to work as financial consultants, advising businesses and individuals on financial planning, strategy, and investment decisions. Consultants use their expertise in both finance and business administration to help organizations optimize their financial structures, manage cash flow, and achieve long-term financial goals.
Corporate Finance Executive: Graduates can take on leadership roles in corporate finance, managing an organization’s financial strategy, capital structure, and financial forecasting. They apply their business administration skills to strategic decision-making while using their quantitative finance knowledge to assess financial performance, evaluate investments, and optimize resource allocation for large corporations.
Chief Financial Officer (CFO): For those with a passion for leadership and finance, the program provides a solid foundation for pursuing the role of CFO. As CFOs, graduates are responsible for overseeing the financial operations of an organization, ensuring financial stability, and driving business growth. Their deep understanding of both finance and business management enables them to lead financial strategy, reporting, and analysis at the executive level.
Financial Technology (FinTech) Specialist: With the growing role of technology in finance, graduates can pursue careers in FinTech, where they work on developing innovative financial products and services. FinTech specialists use their knowledge of finance and technology to help financial institutions develop solutions like blockchain systems, digital payments, robo-advisors, and algorithmic trading platforms.
Hedge Fund Manager: For those interested in alternative investments, graduates can become hedge fund managers. Hedge fund managers use quantitative strategies to analyze markets, assess investment opportunities, and manage risk. Their role involves using advanced financial modeling and trading techniques to generate returns for high-net-worth individuals and institutional clients.
Management Consultant: With a strong foundation in both business and finance, graduates can pursue careers as management consultants, helping organizations solve complex financial and business challenges. They advise firms on how to optimize their operations, improve financial performance, and implement strategic growth initiatives, applying both their business leadership skills and financial expertise.
Financial Engineer: Graduates can work as financial engineers, applying advanced mathematics, statistics, and computational techniques to develop financial models and risk management strategies. Financial engineers work in roles related to derivatives pricing, risk assessment, and quantitative research in investment banks, hedge funds, and asset management firms.
Venture Capital Analyst: The program also prepares graduates to become venture capital analysts, where they assess the financial viability of startup companies and emerging technologies. They use their financial modeling and business acumen to evaluate investment opportunities and manage venture capital portfolios in sectors like tech, healthcare, and renewable energy.
Private Equity Associate: Graduates can pursue careers in private equity, working to acquire, manage, and sell businesses. As private equity associates, they conduct financial analysis, build financial models, and assess the strategic value of potential investment opportunities, often working with private equity firms or corporate buyers.
