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    University of California-Berkeley

    Master of Financial Engineering (M.F.E.)

    Last verified against the official program page on .

    Berkeley, USMFEIn-person1 year
    STEM-OPT
    $92,300.00
    Tuition
    over 12mo
    19.3%
    Acceptance
    of applicants
    84
    Cohort
    students
    28
    Credits

    Master of Financial Engineering (M.F.E.) at University of California-Berkeley is a 28-credit, 1-year, in-person MFE program based in Berkeley, US. Tuition is $92,300 and the program is STEM-OPT eligible for international students.

    About the program

    The program covers finance, mathematics, data science, machine learning, and computer programming applied to decision making in areas such as portfolio management, trading, quantitative research, and risk management.

    Focus: coursework
    Part-time option

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    Admissions

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    Deadlines

    Spring 2027
    Jul 15, 2026

    Standardized tests

    GRE
    optional
    Min no minimum score
    GMAT
    optional
    Min no minimum score
    TOEFL
    required
    Min 90
    IELTS
    optional

    After the program

    Post-study work rights

    12 months OPT + 24 months STEM OPT (US)

    $150,000.00
    Avg starting salary
    $31,000.00
    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 Financial Engineering (M.F.E.) at University of California-Berkeley cost?
    The total estimated tuition for Master of Financial Engineering (M.F.E.) at University of California-Berkeley is $92,300 across 28 required credits.
    Is Master of Financial Engineering (M.F.E.) at University of California-Berkeley online or in-person?
    Master of Financial Engineering (M.F.E.) at University of California-Berkeley is offered in-person.
    How long does Master of Financial Engineering (M.F.E.) at University of California-Berkeley take to complete?
    Master of Financial Engineering (M.F.E.) at University of California-Berkeley is structured around 1 year and 28 credits.
    Is Master of Financial Engineering (M.F.E.) at University of California-Berkeley STEM-OPT eligible?
    Yes - Master of Financial Engineering (M.F.E.) at University of California-Berkeley is STEM-OPT designated, allowing international graduates to extend their post-completion OPT for up to 36 months total.
    How competitive is Master of Financial Engineering (M.F.E.) at University of California-Berkeley?
    Master of Financial Engineering (M.F.E.) at University of California-Berkeley reports an acceptance rate of approximately 19.3%.