Rutgers Masters of Quantitative Students at NASDAQ World Headquarters


Master of Quantitative Finance
13 Nov
Join us to learn more about our specialty master programs.

We seek a diverse student body to bring to the classroom varying experiences and backgrounds. Rutgers Business School — Newark and New Brunswick admits those students who, in the opinion of the Graduate Admissions Committee, show promise of succeeding in the program.

Primary consideration is given to the applicant’s scholastic record and the GRE or GMAT score. Other considerations include professional work experience, professional appraisals, civic leadership and extracurricular participation, responses on the application form, and the essay.

Application Deadlines

Fall Term
March 1

Applications will not be reviewed prior to January 2.

Tuition & Fees (2018-2019)

Full-time students per semester (12 or more credits)

Tuition - New Jersey Residents $13,461.00
Tuition - Out of State Residents $20,510.50
Campus Fee $852.50
Computer Fee $166.50
NJPIRG Fee (Optional Fee) $11.20
School Fee $364.50

Part-time students (11 or fewer credits)

Tuition - Per credit, New Jersey Residents $1122.00
Tuition - Per credit, Out of State Residents $1708.00
Campus Fee (Per Semester) $298.00
Computer Fee (Subject to Credit Hours) $84-$159
NJPIRG Fee (Optional Fee) $5.50
School Fee $171.00

Employees on temporary work visas: New Jersey residency regulations do not recognize temporary work visas (H1) as evidence of residency; thus you will be paying out of state tuition.

Housing and Dining


A limited number of scholarships are awarded to the most outstanding applicants to the program. All applicants are considered for the scholarship and a separate scholarship application is not required. Scholarships are awarded by committee decision and take into consideration the entire application, not just test scores or GPA. The decision on scholarship is made at the same time that the admission decision is made.

Financial Aid

Students in this program will also be eligible for all forms of financial aid and assistance currently available to all graduate students (i.e. state and federal loans and grants). For more information about the major sources of Federal and State student financial assistance, please visit the University Financial Aid Web Site.

We do not offer teaching assistantships, research assistantships, or graduate assistantships at this time.

Application Checklist

In addition to the Online Application, applicants must complete the following:

1. Application fee (non-refundable) of $70

Checks and money orders should be made payable to Rutgers, the State University of New Jersey. Do not send cash. This can also be paid online via a credit card.

The application fee is waived for all military and veteran applicants. If you fall into this category, please e-mail Yulissa Ortiz at prior to submitting your application and send her a copy of your DD 214 form or a copy of your military ID card. Do NOT include your social security number when e-mailing the form. Please block it out prior to sending.

2. Official Transcripts

All post-secondary transcripts, marksheets, examination results, diplomas, and degrees should be uploaded via the online application. Applicants must provide the official, original copies after acceptance into the program. If not issued in English, a translation must be provided from a professional translation agency.

For Rutgers graduates, please note that even though you are applying to Rutgers as an alumnus, you still need to contact the Registrar's office and request your official transcript be mailed to our office.

3. GMAT or GRE Test Results

Official GMAT or GRE test results, taken within five years from the term of entrance, are required.

  1. GMAT code: QK5-XT-96
  2. GRE code: 5529

Applicants holding one of the following degrees are exempted from the GMAT/GRE: JD, PhD, MD, or PharmD.

Please click here to try a sample GMAT quiz.

4. Test of English as a Foreign Language (TOEFL) or Pearson Test of English Academic (PTE Academic)

You must submit the TOEFL or PTE Academic test if your native language is not English. Not required of students who have obtained an undergraduate or graduate degree in the U.S. or other English speaking countries (Canada, England, etc...).

  1. TOEFL code: B355. Institution Code 2512, Department Code 02. Most RBS programs require a range between 90-100 on the TOEFL.
  2. IELTS: Please contact IELTS and have your score sent to our office (address listed below).
  3. PTE Academic is a computer-based academic English language proficiency test designed to measure reading, writing, listening and speaking skills, as they are used in an academic setting. Rutgers Business School requires a minimum score of 68 on PTE Academic.

5. Letters of recommendation

Letters of recommendation are not required for this program.

6. Submit your current resume

This can be done through the online application.

7. Essay

All applicants are required to write a personal essay which should cover the following topics:

  • Why are you interested in quantitative finance?
  • How is your background appropriate for quantitative finance?
  • Why did you choose the MQF program at Rutgers Business School?
  • What are your career objectives?
  • What have you done to prepare for our program?

8. International Applicants

Additional requirements apply to international applicants.

Our Mailing Address

Rutgers Business School — Newark and New Brunswick
Office of Graduate Admissions
1 Washington Park, Sixth Floor
Newark, New Jersey 07102


If you have any questions, please contact the Office of Graduate Admissions at (973) 353-1234 or