https://bcf.princeton.edu/academic-programs/master-in-finance/
Key takeaways
- 2 year program, PhD program also provided
- tuition fee $57,410 per year, $114,820 in total
- focused on classic finance + financial engineering electives from Princeton ORFE
Program
2 year
Deadline: January
Fees
$57,410 per year
Prerequisites/requirements
- Fee - $75
- GRE (or GMAT) - optional
- 3 letters of recommendation
- Master in Finance applicants: Three letters are required. The department will accept one of the letters from a current or former employer.
- Resume / Curriculum Vitae
- Transcripts
- English language tests
All applicants will be required to take a math assessment test. The test will take place on the first Saturday after the application deadline.
Statement of academic purpose
The statement should not exceed 1,000 words and must be written in English. The Graduate School does not have specific formatting requirements. The statement should include:
- Plans: Highlight current academic and future career plans as they relate to the Princeton degree program to which you are applying
- Experience: Include relevant academic, professional, and personal experiences that influenced the decision to apply for graduate admission and obtain a graduate degree.
- Goals: Outline the goals for graduate study.
Personal essay
Princeton is strongly committed to welcoming students from diverse backgrounds and experiences. Applicants are required to submit a statement with their application briefly describing how their academic interests and life experiences would help them contribute to Princeton’s scholarly community.
The Graduate School does not have specific formatting requirements, however the essay must be written in English and should not exceed 500 words.
Curriculum
Tracks
- Quantitative asset management
- Data science & financial technologies
- Valuation & macroeconomic analysis
Courses
The program requirements consist of five core and 11 elective courses. At least five of the elective courses must be at the 500 level or above, and five must be from list 1 (a list maintained by the director of graduate studies and available on the Bendheim Center’s website).
Students must maintain an overall grade average of B or better, as well as earn a passing grade in all core and elective courses. Note: Neither audited nor P/D/F courses will fulfill the program’s requirements.
While no master’s thesis is required, students interested in independent research may work with a Bendheim Center-affiliated faculty member on a topic relevant to finance, and by enrolling in the appropriate courses (FIN 560 in the fall or FIN 561 in the spring). M.Fin students do not receive academic credit for either of these 2 courses towards their degree
Teaching
Second-year students may serve as Assistants in Instruction (A.I.s) in courses or work as tutors, if they have completed the 5 core courses. The Undergraduate Certificate Program may be in need of senior thesis tutoring for any majors outside of the Departments of Economics and Operations Research and Financial Engineering. Occasionally there is also a need for tutors for incoming first-year M.Fin. students. Tutors are required to spend a minimum of one hour per week with each tutee. Undergraduate Certificate tutoring is done on a group basis, with approximately five students per group.
The director of graduate studies must approve individual second-year M.Fin. students to serve as tutors or as A.I.s.
Additional requirements
Internship or Research Project
All M.Fin. students are required to complete a summer internship between their first and second years by working at a financial institution. It is mandatory for incoming students to attend the Math Camp which is offered two weeks before classes start in the fall.
Operations research and financial engineering
PhD program
