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Master of Science in Financial Engineering (STEM) Stevens Institute of Technology Stevens Institute of Technology, USA

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USD 45986

Annual Tuition Fee

!
*Subject to change and other fees
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USD 60 Waived

Application Fee

Duration icon

24 months

Duration

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7

IELTS

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86

TOEFL

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70%

Min GPA

Program Overview

Bring a quantitative approach to the complex technical challenges facing the finance industry, ensuring you can create value throughout your career.

The finance world's rapid transition to a digital discipline has created incredible opportunities for experts in computer science, statistics, economics and mathematics to develop solutions to increasingly complex problems, such as how to value an asset, how to assess risk and the smartest ways to manage a portfolio. Quants are some of the most-sought professionals on Wall Street for their coding versatility and ability to model financial data to drive better decision-making.

The Financial Engineering program at Stevens resides in the School of Business, giving it a practical orientation that few other programs offer. Lessons emphasize how technical tools can address specific challenges in the markets, while preparing you to identify inefficiencies, recognize opportunities and develop innovative new products. The Stevens program also recognizes the systemic nature of financial markets and prepares you for the challenges of working in large, interconnected environments.

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Additional Information

Program Level Master's Degree

College/University Processing Time 30 Days

Program Format Full-Time

Optional Practical Training (OPT) work permit

Program Intake

Open

Sep 2025, Jan 2026

General Admission Requirement

    Academic Requirement

    • Minimum Level of Education Required: To be accepted into this program, applicants must have a Bachelor's Degree.

    7 IELTS Score
    86 TOEFL Score Minimum Overall Score
    120 Duolingo Minimum Overall Score
    300 Gre Minimum Overall Score
    550 Gmat Minimum Overall Score
    70% CGPA Minimum Overall Score

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    Tuition Fee

    The values given below are estimated figures, excluding extra charges like material fee, student activity fees, athletic fees, health care, etc., for courses. To know more, please visit the page.

    Average Tuition Fee Per Year

    45986

    Tuition Fee
    (USD)

    USD 60 Waived

    Application Fee
    (USD)

    19124 Per year

    Average Cost of Living
    (USD)

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    The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

    for more information about funding options.

    Scholarships

    Stevens awards several merit scholarships every year to our most outstanding students. You are automatically considered for Stevens merit scholarships when you are admitted; no additional application is needed.

    Merit scholarships range between $5,000 and full tuition (scholarships may not exceed the cost of tuition). If you receive a Stevens merit scholarship, it may be renewed every year, for a total of eight full-time undergraduate semesters, as long as you meet all of the renewal requirements.

    Global Scholarship

    Stevens grants a limited number of Global Scholarships each year to international students for exceptional academic merit. International students who wish to be considered for institutional scholarship must submit the on the College Board website. We will notify you if you receive a Global Scholarship. This scholarship is renewable for eight full-time undergraduate semesters as long as you meet satisfactory academic progress.

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