Stevens Institute of Technology MS in Financial Engineering: Fees, Living Costs, Test Scores, Visa Process, Work during Study, Entry Requirements.

Stevens Institute of Technology Master of Science [M.S] Financial Engineering Fees, Deadlines, Eligibility etc.

Hoboken, New JerseyLocation
UniversitySchool type
Estd1870established year
6916enrollment
Private (Not for Profit)
Partner [1 Courses]
7.0/10

Master of Science [M.S] (Financial Engineering)

2 years
Full Time
On Campus
Ranked #601 out of 1200 by THE Global Ranking 2022

$45,986 /Yr

47 Students Applied
46 Students Admitted

Important Alert

  • Application Deadline For Spring 2026 Intake - Nov 1, 2025

Tuition Fees

Year1st Year Fees
Tuition Fees$45986

Other Expenses

HeadAvg Cost Per Year
Housing and Food$20000
Books and supply$1000

Tuition Fee Per Credit- 3065.73


Important Dates

Rolling Admissions, However International students are reccommended to apply by preferred deadlines to allow time for visa processing.

EventApplication Date
Application Deadline For Fall 2025 Intake Apr 15, 2025
Application Deadline For Spring 2026 Intake Nov 1, 2025
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Content Curator

The MSc in Financial Engineering program at the Stevens Institute of Technology consists of the following modules:

Term Course Code Course Title Credits
Term 1 FE 610 Stochastic Calculus for Financial Engineers 3
 - FE 620 Pricing and Hedging 3
FE 621 Computational Methods in Finance 3
Elective 1 3
Term 2 FE 630 Portfolio Theory and Applications 3
FE 680 Advanced Derivatives 3
Elective 2 3
Elective 3 3
Term 3 Elective 4 3
FE 800 Project in Financial Engineering 3

Eligibility & Entry Requirement

Category

Details

School

School of Business 

Course Duration

2 years

Total Credits

30

Academic Requirements

Applicants must hold a bachelor's degree from an accredited institution with a minimum GPA of 3.0 on a 4.0 scale.

Interviews

Stevens often invites master's candidates to interview prior to making an admissions decision. If you are selected for an interview after submitting your application, you will receive instructions via email.

English Proficiency Score

  • IELTS 6 or higher
  • TOEFL iBT 74 or higher
  • Duolingo 110 or higher

Application Fee

$60 non-refundable 

Application Link

https://gradadmissions.stevens.edu/apply/

Documents Required

  • Transcripts from all post-secondary institutions attended
  • Two letters of recommendation, ideally from current and former supervisors or employers.
  • Statement of Purpose (Required for all students)
  • Professional Resume
  • Application Fee
  • Proof of English language proficiency
  • GRE/GMAT test score(s) -- Optional

Admissions Decision

You will normally receive a decision on your application within four weeks.


Scores Required

79 / 120

Avg. Score in

TOEFL

6.5 / 9

Avg. Score in

IELTS

298 / 340

Avg. Score in

GRE

115 / 160

Avg. Score in

Duolingo

60

Application Fees

30

ECTS Credits

Median GRE Score Over Years


Ranking

20252024202320222021202020192018

Times Higher Education logo
Engineering 301 out of 1250 in Global Ranking
( #40 out of 145 in USA 2025)

US News logo
Engineering 74 out of 198 in Global Ranking
( #34 out of 159 in USA 2025)

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TOP Scholarships

Scholarship nameAward amountEligibility
Provost Master’s Scholarship100% of tuition feesMerit Based



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Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
Forktip Women’s- Innovation ScholarshipScholarship per studentVariable AmountLevel Of StudyBachelorTypeCollege-Specific
Gyandhan ScholarshipScholarship per student$ 1,207/Yr$1,207Level Of StudyMasterTypeMerit-Based
1st Formations Business ScholarshipScholarship per student$ 636/Yr$636Level Of StudyBachelorTypeMerit-Based
Paul Foundation scholarshipsScholarship per student$ 20,174/Yr$20,174Level Of StudyDiplomaTypeMerit-Based
Liberty University Scholarships:Scholarship per studentVariable AmountLevel Of StudyBachelorTypeCollege-Specific
The Kay-Grant Group ScholarshipScholarship per student$ 1,000/Yr$1,000Level Of StudyBachelorTypeMerit-Based

Similar Programs

ProgramImportant DateTotal FeesMedian Exams ScoreAction
Application Deadline For Fall Intake (15th Apr 2025)
USD 45,986 /Yr
  • TOEFL: 79
  • IELTS: 6.5
  • GRE: 298
  • Duolingo: 115
Round 1 Application Deadline For 2026 Intake (21st Oct 2025)
Round 1 Decision Notification For 2026 Intake (6th Dec 2025)
Round 1 Deposit Deadline For 2026 Intake (13th Dec 2025)
Round 2 Application Deadline For 2026 Intake (20th Jan 2026)
Round 3 Application Deadline For 2026 Intake (17th Mar 2026)
Round 2 Decision Notification For 2026 Intake (21st Mar 2026)
Round 2 Deposit Deadline For 2026 Intake (4th Apr 2026)
Round 3 Decision Notification For 2026 Intake (9th May 2026)
Round 3 Deposit Deadline For 2026 Intake (6th Jun 2026)
USD 47,941 /Yr
  • IELTS: 6.5
  • TOEFL: 90

Do you think the Dates are wrong ?  Report Here

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Important Dates