Baruch College Master in Financial Engineering program

Baruch College Master in Financial Engineering program

Application deadline
Apr 1
Bernard M. Baruch College, more commonly known as Baruch College, is a constituent college of the City University of New York, located in the Flatiron district of Manhattan, New York City.

History
In the Fall 2002, the Mathematics Department at Baruch College introduced a new Master program Applied Mathematics for Finance. The program was initiated by Dr. Matthew Goldstein, Chancellor of The City University of New York, when he was President of Baruch College, and was established under the direction of Executive Vice Chancellor Alexandra Logue, then Dean of the Weissman School of Arts and Sciences at Baruch College.

The program was later renamed Masters in Financial Engineering in the Fall 2007 to reflect the growing number of practitioners teaching in the program.
Academics
Over the years, the program has transformed from theoretical, mathematical focused into a practical, computational focused with many new cutting-edge courses being offered as a result of suggestions from its alumni, teaching adjuncts and industry connections.
The program is known today for its emphasis on providing its graduates a very strong practical and technical training.

Trading floor
The Wasserman Trading Floor in the Subotnick Financial Services Center is one of the largest and most technologically advanced educational facilities of its kind.
The Trading Floor contains 42 Dell Precision Workstations running the Windows XP Professional operating system. Real-time data is provided by Reuters using their 3000 Xtra service and Kobra applications suite.
The Center contains four main areas: The Trading Floor, the Development Classroom, the Research Facility and the Seminar Room.
The Wasserman Trading Floor in the Subotnick Financial Services Center is one of the largest and most complete educational facilities of its kind. The Center introduces Baruch College students to economic, financial, journalism, and technology principles using professional market data systems and analytic software.

Competition
The Baruch MFE program began competing in the Rotman International Trading Competition (RITC) since 2009.
In 2013, team Baruch MFE tied for 3rd.
In 2012, two Baruch MFE teams ranked in #1 and #4 overall standing.
In 2011, the Baruch MFE team ranked #3 overall after MIT and University of Chicago.
In 2010, the Baruch MFE team ranked #13 overall.
In 2009, the Baruch MFE team ranked #10 overall.
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85,786
Rating
4.93 star(s) 28 ratings
Students Quality
5.00 star(s)
Courses/Instructors
5.00 star(s)
Career Services
5.00 star(s)

Latest reviews

Headline
Best of the best
Class of
2024
Unparalleled career support compared to any other program I know. Students don't lack interview opportunities from top prop shops, hedge funds, to investment banks. Small class so everyone knows each other.
Some courses have high workloads and students need to balance themselves between coursework and interview preparation.
Recommendation
Yes, I would recommend this program to a friend
Students Quality
5.00 star(s)
Courses/Instructors
5.00 star(s)
Career Services
5.00 star(s)
  • Anonymous
  • 5.00 star(s)
Headline
Incredible ROI
We have amazing courses taught by excellent instructors. The smaller class size allows everyone to get to know each other. Alumni, faculty and staff are super helpful and caring.
Recommendation
Yes, I would recommend this program to a friend
Students Quality
5.00 star(s)
Courses/Instructors
5.00 star(s)
Career Services
5.00 star(s)
  • Anonymous
  • 5.00 star(s)
Headline
Top1 MFE
Really like the Microstructure course taught by Prof Taiho Wong, learnt a lot from this and try to implement some ideas in the crypto market and it's no suprise that these ideas are working
Recommendation
Yes, I would recommend this program to a friend
Students Quality
5.00 star(s)
Courses/Instructors
5.00 star(s)
Career Services
5.00 star(s)
Headline
Top program
We have faculties with rich experience in either the academia or the industry, successful and helpful alumni, and the most competitive students.
(Also the tuition is half of a certain comparable program.)
Recommendation
Yes, I would recommend this program to a friend
Students Quality
5.00 star(s)
Courses/Instructors
5.00 star(s)
Career Services
5.00 star(s)
The most practical knowledge is being taught here, I still constantly review my school notes several years after I finished the program. Excellent career service! Very sweet and warm hearted community.
Amazing program. Smaller community makes everyone really close in the program. I can always get warm help from our alumni. The network is really strong. Well-designed and practical courses are truly useful for the future career. Dan and faculties genuinely try their best to help students.
Application process is fast. First from Wang and Second round from Dan go in less than a week.
Smaller group than other MFE program, which makes everyone know each other and 1.5yr time enough to help you make real new friends in Baruch. What's better, the alumni are really nice and helpful. I think it is also due to the small communities.
Cutting-edge and advanced courses. Sometimes you find you have known it in work before it is published. Also, this is highly-recommended when in the interview, the interviewers are also familiar with Baruch MFE. So, no worries about the “big name”.
One thing that Dr Dan Stefanica mentioned in the pre-MFE class is that the program is planning to launch a "accent reduction" program, since a great port of the student body is from non-English speaking countries. I can hardly imagine that any other program would even think about issues like this, and believe it or not, this might be surprisingly useful. And beyond that, only programs as caring as the one at Baruch would come up with ideas like this.

I think that among all the programs out there, Baruch has one of the strongest group of faculties. They are excellent on both academic and industrial side, and more importantly, they are extremely considerate.
The program which giving you full support and all you need for success:
Most devoted director + top tier faculty + strong and reachable alumni network + close connection to academic and industry + very high placement rate + part-time student friendly + affordable tuition
If you feel very lucky, do not take it for granted. The professors really did a lot of networking for you behind the scene.

If you feel unlucky, do not give up. Have faith in the Baruch MFE community and there will be a way out!
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