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    New Jersey Institute of Technology

    Master of Science in Mathematical and Computational Finance

    Last verified against the official program page on .

    Newark, USMSIn-person2 years
    STEM-OPT
    $61,101.00
    Tuition
    over 24mo
    33
    Credits
    $75.00
    App fee

    Master of Science in Mathematical and Computational Finance at New Jersey Institute of Technology is a 33-credit, 2-year, in-person MS program based in Newark, US. Tuition is $61,101 and the program is STEM-OPT eligible for international students.

    About the program

    The program covers financial engineering, stochastic calculus for finance, financial risk management, quantitative models, programming in Python and R, and machine learning applications in finance.

    Focus: coursework
    Part-time option

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    Admissions

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    GPA thresholds, GRE/TOEFL/IELTS minimums, essay counts, recommendation letters, prerequisites, admissions contacts, and country-specific requirements like APS certification, portfolio submissions, or GATE scores.

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    Deadlines

    Fall 2026
    May 1, 2026
    Spring 2027
    Nov 15, 2026

    Standardized tests

    GRE
    optional
    Min GRE optional but strongly recommended
    TOEFL
    required
    Min 79 (Internet-based)
    IELTS
    required
    Min 6.5 overall with no sub-score lower than 6.0

    After the program

    Post-study work rights

    12 months OPT (US); possibly eligible for additional 24-month STEM OPT extension if the program's CIP code is on DHS's STEM Designated Degree Program List and you meet STEM OPT requirements.

    $17,580.00
    Annual living cost

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    Self-reported profiles of past applicants to this program.

    Prerequisites

    Specific coursework this program expects you to have completed: calculus, linear algebra, programming, statistics, and subject-specific prerequisites where applicable.

    Recommendations

    Exact count of letters required, whether academic vs professional references are preferred, and any program-specific guidance on who to ask.

    Essays

    Number of essays required (statement of purpose, personal statement, diversity statement), prompts where the program publishes them, and whether supplemental essays are optional or mandatory.

    Contact

    Direct email and phone for the admissions office handling this program, plus a link to the program-specific inquiry page where available.

    Frequently asked questions

    How much does Master of Science in Mathematical and Computational Finance at New Jersey Institute of Technology cost?
    The total estimated tuition for Master of Science in Mathematical and Computational Finance at New Jersey Institute of Technology is $61,101 across 33 required credits.
    Is Master of Science in Mathematical and Computational Finance at New Jersey Institute of Technology online or in-person?
    Master of Science in Mathematical and Computational Finance at New Jersey Institute of Technology is offered in-person.
    How long does Master of Science in Mathematical and Computational Finance at New Jersey Institute of Technology take to complete?
    Master of Science in Mathematical and Computational Finance at New Jersey Institute of Technology is structured around 2 years and 33 credits.
    What GPA is required for Master of Science in Mathematical and Computational Finance at New Jersey Institute of Technology?
    Per the program's published guidance: 2.8 on a 4.0 scale
    Is Master of Science in Mathematical and Computational Finance at New Jersey Institute of Technology STEM-OPT eligible?
    Yes - Master of Science in Mathematical and Computational Finance at New Jersey Institute of Technology is STEM-OPT designated, allowing international graduates to extend their post-completion OPT for up to 36 months total.