Fordham MS Quantitative Finance
Fordham University · Gabelli School of Business · New York City, United States- Full time
- In person
- Lincoln Center
Degree credits at current rates, 12 months of living, listed fees, insurance, SEVIS and visa; extra prerequisites excluded.
latest 2026-27 rates
Fordham graduate credits
full-time planning route
official cycle source
GMAT or GRE optional but encouraged for
school-specific rule
What is the Fordham MS Quantitative Finance?
Fordham MS Quantitative Finance is a full-time 39-credit Master of Science for campus study at Lincoln Center. It centres on financial engineering, modelling and computational finance. Budget USD 150,958, roughly INR 1.45 crore for the minimum-credit route at the latest published rates. Fordham has not issued a 2027-28 price.
The degree moves through derivatives, financial programming, machine learning and econometrics and time-series econometrics. Its final assessed route follows the programme’s published applied or research option. Readers can compare that structure with your earlier study before treating the Fordham brand as sufficient reason to apply. The name doesn’t settle the comparison. This page is written for Fall 2027, while Fordham has not yet published 2027-28 tuition.
How much does the Fordham MS Quantitative Finance cost for an Indian student?
The minimum-credit current-rate planning case is USD 150,958, about INR 1.45 crore. It combines Fordham’s latest 2026-27 charges, official New York living categories, health insurance, application where published, SEVIS and the F-1 visa fee. It doesn’t include assigned preparatory or foundation courses and is not a 2027-28 quote.
| Item | INR | Local currency | When it is due |
|---|---|---|---|
| Latest published 2026-27 Gabelli graduate tuition | INR 86.22 lakh | USD 89,817 | Across the programme at current rates |
| University, technology and international student fees | INR 4.92 lakh | USD 5,120 | Across 3 main terms |
| Official Fordham law living, books, travel and personal-cost categories prorated to 12 months | INR 48.10 lakh | USD 50,104 | Across the study period |
| Fordham student health insurance | INR 5.02 lakh | USD 5,232 | Unless an approved waiver applies |
| Graduate application | INR 0.14 lakh | USD 150 | At application |
| SEVIS I-901 fee | INR 0.34 lakh | USD 350 | Before the visa interview |
| F-1 visa application | INR 0.18 lakh | USD 185 | At visa booking |
| Minimum-credit planning total at latest published rates | INR 1.45 crore | USD 150,958 | Before extra prerequisites, flights and a housing deposit |
The table treats the SEVIS and visa charges as separate payments. It does not add a second visa-maintenance total because the complete living plan already covers the study period. Converted at USD 1 = INR 96.00 using ECB reference-rate inputs checked on 8 October 2026. Fordham has not published 2027-28 tuition.
Graduate funding may include assistantships, fellowships, grants and scholarships; availability and conditions vary.Fordham graduate financial support
Tuition uses the latest published 2026-27 gabelli graduate tuition and the minimum 39-credit degree plan. Assigned prerequisites sit outside that total. A multi-year route can cost more if Fordham raises later-year rates.
The fee line uses a transparent 3-term planning assumption. The living line prorates Fordham Law’s itemised nine-month New York allowance across 12 months; neither assumption is an individual invoice.
Health insurance is shown separately because a student with approved comparable cover may obtain a waiver. You shouldn’t deduct it until Fordham approves that waiver.
Flights, exchange spreads, a housing deposit and contingency remain outside the table. You can’t reduce the total for scholarships until there is a written award.
Fordham has not published 2027-28 tuition. Refresh every charge against the student account and school fee page before enrolment.
Can an Indian applicant meet Fordham MS Quantitative Finance entry rules?
The review starts with the exact programme requirements. Fordham assesses a recognised prior degree, preparation in calculus, linear algebra, probability, statistics and programming, the school-specific English evidence and every listed document. General university wording can’t replace a higher programme rule. Check gaps explicitly.
| Requirement | Published rule | What you do |
|---|---|---|
| Degree match (India) | a bachelor's degree from a recognised institution | Map the transcript to calculus, linear algebra, probability, statistics and programming |
| Academic record (India) | Fordham publishes holistic review rather than a universal admission GPA floor for this programme | Submit the complete marks record and grading scale |
| English (India) | IELTS 7.0 or the current Gabelli TOEFL recommendation | Follow the exact school waiver and current-score rule |
| Entrance test (India) | GMAT or GRE optional but encouraged for limited quantitative preparation | Submit a score only when it strengthens or is required for your route |
| Academic purpose (India) | A coherent reason for advancing into financial engineering, modelling and computational finance | Connect earlier proof to the published culminating assessment |
| International records (India) | Original-language records with complete official English translations where needed | Applicants should not upload self-translated or incomplete records |
The first transcript audit should find concrete proof of derivatives. A useful audit records the module title, mark, credit weight and syllabus topic so an assessor does not have to infer readiness from the institution name.
Next, isolate proof for financial programming. A laboratory, project or substantial assignment is stronger than a list of buzzwords because it shows what was built, measured or decided and what limitations remained.
The statement should explain why machine learning and econometrics is the next academic step and why Fordham’s time-series econometrics route serves it. Repeating the master’s webpage does not answer that personal progression question.
Finally, English, recommendations and translations remain independent document checks. A file that clears the academic match can remain incomplete if an accepted score, literal translation or required referee response is missing.
MS Quantitative Finance uses QFGB 8911 Financial Markets and Modeling as a 2-credit checkpoint. Readiness for derivatives is visible before QFGB 8911 Financial Markets and Modeling, not repaired automatically by enrolment. A transcript item, syllabus topic and assessed result together make that preparation easier to recognise.
MS Quantitative Finance uses QFGB 8914 Derivatives as a 2-credit checkpoint. Readiness for financial programming is visible before QFGB 8914 Derivatives, not repaired automatically by enrolment. A transcript item, syllabus topic and assessed result together make that preparation easier to recognise.
MS Quantitative Finance uses QFGB 8923 Machine Learning and Econometrics as a 2-credit checkpoint. Readiness for machine learning and econometrics is visible before QFGB 8923 Machine Learning and Econometrics, not repaired automatically by enrolment. A transcript item, syllabus topic and assessed result together make that preparation easier to recognise.
MS Quantitative Finance uses QFGB 8933 Time Series Econometrics as a 2-credit checkpoint. Readiness for time-series econometrics is visible before QFGB 8933 Time Series Econometrics, not repaired automatically by enrolment. A transcript item, syllabus topic and assessed result together make that preparation easier to recognise.
MS Quantitative Finance uses QFGB 8946 Financial Programming as a 2-credit checkpoint. Readiness for derivatives is visible before QFGB 8946 Financial Programming, not repaired automatically by enrolment. A transcript item, syllabus topic and assessed result together make that preparation easier to recognise.
Within MS Quantitative Finance, the relationship between derivatives and machine learning and econometrics is a readiness test for quantitative analyst ambitions. A file showing only financial programming leaves the time-series econometrics part of this academic progression unexplained.
A future algorithmic trading analyst still needs documented preparation in calculus, linear algebra, probability, statistics and programming. For MS Quantitative Finance, career intent cannot substitute for that academic base, while the academic record remains one part of a broader selection model.
MS Quantitative Finance preparation check 1 connects derivatives with QFGB 8911 Financial Markets and Modeling. Name assessed work, the method used and the result an admissions reader can verify rather than listing a subject without evidence.
MS Quantitative Finance preparation check 2 connects financial programming with QFGB 8914 Derivatives. Name assessed work, the method used and the result an admissions reader can verify rather than listing a subject without evidence.
MS Quantitative Finance preparation check 3 connects machine learning and econometrics with QFGB 8923 Machine Learning and Econometrics. Name assessed work, the method used and the result an admissions reader can verify rather than listing a subject without evidence.
MS Quantitative Finance preparation check 4 connects time-series econometrics with QFGB 8933 Time Series Econometrics. Name assessed work, the method used and the result an admissions reader can verify rather than listing a subject without evidence.
MS Quantitative Finance preparation check 5 connects derivatives with QFGB 8946 Financial Programming. Name assessed work, the method used and the result an admissions reader can verify rather than listing a subject without evidence.
Three checks that can block a MS Quantitative Finance application
A profile indicator is not an offer promise
Fordham publishes holistic review rather than a universal admission GPA floor for this programme. Review can still distinguish candidates through subject depth, statement quality, recommendations and the completed file.
The degree title cannot prove prerequisites
A broad Indian degree name may hide whether calculus, linear algebra, probability, statistics and programming was studied. Add syllabi or official descriptions when course titles do not make the preparation clear.
English rules can be master's-specific
The working reference is IELTS 7.0 with 6.5 in each band, or another published equivalent. Fordham says individual programmes may set higher rules or restrict test formats, so the exact degree page controls.
How should an Indian applicant apply for Fordham MS Quantitative Finance?
Apply through Fordham’s school-specific graduate route. 19 March 2027 final round for applicants needing F-1 sponsorship. Submit earlier for credential evaluation, funding evidence, I-20 production and visa preparation. Indian records can also need transcript clarification, so leave enough time to answer a school request before the published cut-off.
Select the exact campus programme, upload academic and programme documents, pay the application fee, monitor the applicant portal, clear offer conditions, document funding, and complete the I-20 and F-1 process.
| Start by | Task | Takes | Why this date |
|---|---|---|---|
| 19 Oct 2026 | Complete English evidence | 75 days | Meet IELTS 7.0 with 6.5 in each band, or another published equivalent with time for one retake. |
| 21 Nov 2026 | Audit the course match | 14 days | Match prior study to calculus, linear algebra, probability, statistics and programming and the published GPA rule. |
| 05 Dec 2026 | Prepare programme documents | 28 days | Collect official records, translations, statement, CV and any required recommendations or test. |
| 02 Jan 2027 | Submit the Fordham application | 1 day | Applicants can use the exact campus-immersion plan and keep the receipt. |
| 03 Jan 2027 | Clear conditions and prepare F-1 | 75 days | Fund the offer, obtain the I-20, pay SEVIS and book the visa process. |
The allowances are Nbyula planning estimates, not processing times published by Fordham University.
Build the file around Financial Markets and Modeling and Derivatives, not around a generic Fordham statement. Applicants can use earlier coursework or employment to show readiness, then identify the gap that the published curriculum is meant to close.
The programme reports 19 march 2027 final round for applicants needing f-1 sponsorship. A priority date can be followed by space-available review, while a final date closes the published window. Neither should be confused with the separate international I-20 timing needed to reach campus.
After admission, read the offer and my.fordham task list line by line. Financial guarantee, final transcripts, immunisation records and I-20 processing can each continue after the academic decision and can each delay enrolment if ignored.
For F-1 planning, check the SEVIS I-901 step and the US visa fee page directly. Fee payment does not guarantee a visa, and a programme offer does not replace consular review.
This page covers full-time campus study. Where Fordham also lists Online, select the campus-immersion plan because the visa and STEM-OPT discussion does not apply to Fordham Online in the same way.
What jobs can follow Fordham MS Quantitative Finance?
The study plan supports directions such as quantitative analyst, financial engineer, risk modeller and algorithmic trading analyst. The university presents this course as STEM designated. The OPT framework is work authorisation rather than a placement or sponsorship guarantee. Each direction still needs role-specific, inspectable work samples.
| Measure | Figure | Basis |
|---|---|---|
| Derivatives | Quantitative Analyst | Proof from Financial Markets and Modeling |
| Financial Programming | Financial Engineer | Proof from Derivatives |
| Machine Learning And Econometrics | Risk Modeller | Role direction inferred from the study plan |
| Guaranteed placement or sponsorship | None published | No exact-master's guarantee located |
These are study plan-linked directions for MS Quantitative Finance, not a measured probability of employment, salary, visa sponsorship or promotion.
For a quantitative analyst application, preserve the brief, inputs, method, decisions and limitations from Financial Markets and Modeling. That record gives a recruiter something more reliable than a transcript line or a claim that the degree was practical.
The financial engineer route needs a different proof item from Derivatives. Explain the trade-off made, the proof rejected and the effect of uncertainty so the work shows judgement rather than only tool familiarity.
A candidate aiming at risk modeller should use the culminating assessment to join both samples around one problem. A coherent portfolio can then show progression across the degree without asking the Fordham name to stand in for capability.
F-1 graduates can normally seek up to 12 months of OPT, and an eligible STEM degree may support a further 24-month extension if every rule is met. The USCIS STEM-OPT guidance controls that process and does not require any employer to hire the graduate.
Inside MS Quantitative Finance, QFGB 8951 Internship and Project Report carries 2 published credits. Its value for a quantitative analyst direction depends on making financial programming inspectable. A retained question, method, result and limitation can show what QFGB 8951 Internship and Project Report added without implying a promised hiring result.
Inside MS Quantitative Finance, QFGB 8952 Business Communication for Quants A carries 1 published credits. Its value for a financial engineer direction depends on making machine learning and econometrics inspectable. A retained question, method, result and limitation can show what QFGB 8952 Business Communication for Quants A added without implying a promised hiring result.
Inside MS Quantitative Finance, QFGB 8953 Research Seminar 1 carries 1 published credits. Its value for a risk modeller direction depends on making time-series econometrics inspectable. A retained question, method, result and limitation can show what QFGB 8953 Research Seminar 1 added without implying a promised hiring result.
Inside MS Quantitative Finance, QFGB 8954 Research Seminar 2 carries 1 published credits. Its value for a algorithmic trading analyst direction depends on making derivatives inspectable. A retained question, method, result and limitation can show what QFGB 8954 Research Seminar 2 added without implying a promised hiring result.
Inside MS Quantitative Finance, Approved electives carries 24 published credits. Its value for a quantitative analyst direction depends on making financial programming inspectable. A retained question, method, result and limitation can show what Approved electives added without implying a promised hiring result.
A possible quantitative analyst direction needs inspectable work from this requirement: QFGB 8951 Internship and Project Report. Course credit is not a hiring promise; retain an artefact that shows the question, method, result and limitation.
A possible financial engineer direction needs inspectable work from this requirement: QFGB 8952 Business Communication for Quants A. Course credit is not a hiring promise; retain an artefact that shows the question, method, result and limitation.
A possible risk modeller direction needs inspectable work from this requirement: QFGB 8953 Research Seminar 1. Course credit is not a hiring promise; retain an artefact that shows the question, method, result and limitation.
A possible algorithmic trading analyst direction needs inspectable work from this requirement: QFGB 8954 Research Seminar 2. Course credit is not a hiring promise; retain an artefact that shows the question, method, result and limitation.
A possible quantitative analyst direction needs inspectable work from this requirement: Approved electives. Course credit is not a hiring promise; retain an artefact that shows the question, method, result and limitation.
Who is Fordham MS Quantitative Finance for, and who should avoid it?
A strong fit wants assessed progression in derivatives and machine learning and econometrics, accepts full-time study at Lincoln Center and can fund the plan without guaranteed US earnings. A weak fit needs extensive prerequisite repair, another delivery mode or a placement promise Fordham does not make.
| Verdict | Your background | Why |
|---|---|---|
| Strong fit | Prepared for derivatives | Earlier study supports progression into Financial Markets and Modeling. |
| Strong fit | Needs proof in time-series econometrics | The published culminating route can produce inspectable work. |
| Needs evidence | Still choosing between quantitative analyst and financial engineer | Electives must turn that uncertainty into one coherent capability map. |
| Needs evidence | Funding is close to the ceiling | The INR 1.45 crore case excludes flights and a housing deposit. |
| Do not shortlist | Needs basic preparation before financial programming | Graduate credits are too expensive to use mainly for prerequisite repair. |
| Do not shortlist | Needs a guaranteed US placement | No course-level job or sponsorship guarantee supports that assumption. |
The next fit question concerns Derivatives. It should add a method or system that the applicant cannot already demonstrate. If it mostly repeats a strong undergraduate module, examine the elective freedom before paying for the overlap.
The professional test is whether a quantitative analyst hiring manager can inspect output from machine learning and econometrics. A useful artefact states the problem, data or constraints, the chosen method, the result and the limits of that result.
Someone pursuing financial engineer work must also value time-series econometrics. If that part of the degree consumes substantial assessed time but has little use in the intended role, a differently structured master’s may be the better buy.
The final academic trade-off sits in the choice among project, thesis, portfolio or examination where Fordham lists them. A thesis serves research depth, an applied project serves delivery proof, and a portfolio serves synthesis. Only routes actually published for this master’s belong in the decision.
Affordability is separate from academic fit. The estimate uses USD 1 at INR 96.00, so exchange movement changes the rupee amount even when Fordham leaves a dollar charge unchanged.
The campus choice also matters. This page uses Lincoln Center and in-person study. An applicant selecting an online version would face different attendance, visa and work-authorisation consequences and should not reuse this page’s F-1 assumptions.
Applicants can ask current MS Quantitative Finance students about access to preferred electives, team formation, faculty supervision and the weekly load. The research pass did not locate three independent exact-master’s accounts, so those lived details remain questions rather than reported facts.
The QFGB 8914 Derivatives choice in MS Quantitative Finance matters to a future algorithmic trading analyst. Its 2 credits are well spent when time-series econometrics closes a demonstrated gap. They are poorly spent when QFGB 8914 Derivatives merely repeats work already proven in the admission file.
For a future financial engineer, fit check 1 asks what new decision financial programming makes possible. MS Quantitative Finance adds value only when that result changes the evidence already in the application file.
For a future risk modeller, fit check 2 asks what new decision machine learning and econometrics makes possible. MS Quantitative Finance adds value only when that result changes the evidence already in the application file.
For a future algorithmic trading analyst, fit check 3 asks what new decision time-series econometrics makes possible. MS Quantitative Finance adds value only when that result changes the evidence already in the application file.
For a future quantitative analyst, fit check 4 asks what new decision derivatives makes possible. MS Quantitative Finance adds value only when that result changes the evidence already in the application file.
For a future financial engineer, fit check 5 asks what new decision financial programming makes possible. MS Quantitative Finance adds value only when that result changes the evidence already in the application file.
What does the Fordham MS Quantitative Finance curriculum contain?
The official Fordham programme page sets the 39-credit degree and its named requirement blocks. The table preserves those published components and alternatives; it does not claim that every student completes every listed option. Applicants can use it to test sequence, prerequisites and elective room against the capability you still need.
| Code | Component | Fordham graduate credits | Where it sits |
|---|---|---|---|
| QFGB 8911 | Financial Markets and Modeling | 2 | |
| QFGB 8914 | Derivatives | 2 | |
| QFGB 8923 | Machine Learning and Econometrics | 2 | |
| QFGB 8933 | Time Series Econometrics | 2 | |
| QFGB 8946 | Financial Programming | 2 | |
| QFGB 8951 | Internship and Project Report | 2 | |
| QFGB 8952 | Business Communication for Quants A | 1 | |
| QFGB 8953 | Research Seminar 1 | 1 | |
| QFGB 8954 | Research Seminar 2 | 1 | |
| Approved electives | 24 | ||
| Total | 39 |
The note “Published degree-plan component” applies to 10 components in this table.
- Complete 39 approved graduate credit hours.
- Follow the published choice among the required internship and project report alongside quantitative electives.
- Confirm approved electives, prerequisites and the plan of study with the academic unit.
Applicants can use the required sequence to establish readiness for Financial Markets and Modeling, then choose electives that deepen machine learning and econometrics instead of creating several disconnected introductions. The official plan of study remains the authority for what can count together.
Fordham can revise course availability and approved lists. Recheck every code, credit value, campus offering and culminating route before accepting an offer, especially where the catalogue publishes an area rather than a closed list of named electives.
Should an Indian applicant shortlist the Fordham MS Quantitative Finance?
Shortlist the Fordham MS Quantitative Finance when its full-time 39-credit structure and work in derivatives close a documented capability gap. Keep it off the list when the budget depends on uncertain income or the degree would mostly repeat prior study.
The decision turns on whether machine learning and econometrics and the final assessment can create work relevant to a quantitative analyst or financial engineer conversation. Fordham's name is not a substitute for that match.
You shouldn't choose MS Quantitative Finance for the Fordham name or work-authorisation assumptions alone. The 39-credit curriculum must justify the INR 1.45 crore planning case, and Fordham publishes no guaranteed job, salary or sponsorship outcome for this exact degree. That promise won't come from the course page.
- Fordham MS Quantitative Finance is a 39-credit, full-time in-person master's at Lincoln Center.
- Fordham publishes holistic review rather than a universal admission GPA floor for this programme.
- The working English reference is IELTS 7.0 with 6.5 in each band, or another published equivalent.
- The working Fall 2027 point is 19 march 2027 final round for applicants needing f-1 sponsorship.
- The conservative full-programme planning case is USD 150,958, about INR 1.45 crore.
- STEM-OPT eligibility can support an extension application but does not guarantee employment or sponsorship.
Frequently asked questions
How much is Fordham MS Quantitative Finance for an Indian student?
The current-rate planning total is USD 150,958, about INR 1.45 crore. It includes the latest published 2026-27 tuition, university fees, 12 months of living categories, health insurance, SEVIS and the F-1 visa fee. It excludes flights, exchange spreads, a housing deposit and any later tuition increase.
What GPA is required for Fordham MS Quantitative Finance?
Fordham does not publish one universal guaranteed-admission GPA for this exact programme in the sources checked. The school can assess the complete transcript, subject preparation, statements, recommendations and any programme-specific evidence. Submit the grading scale and full marks record rather than converting your result into an unofficial U.S. GPA.
Is Fordham MS Quantitative Finance available full time on campus?
Yes. Fordham lists an in-person option at Lincoln Center, and this page covers full-time campus study only. Some selected Fordham degrees also advertise an Online modality. Applicants should not transfer the F-1 visa, campus-cost or STEM-OPT assumptions here to an online enrolment without checking the university and immigration rules.
What is the Fall 2027 deadline for Fordham MS Quantitative Finance?
The working programme point is 19 march 2027 final round for applicants needing f-1 sponsorship. Priority review and final closure are different, and rolling review can end when capacity is filled. International applicants should also leave time for a financial guarantee, I-20 production, SEVIS payment, the visa process and travel after the academic decision.
Is Fordham MS Quantitative Finance STEM-OPT eligible?
Fordham marks the degree STEM designated. An eligible F-1 graduate can normally use up to 12 months of post-completion OPT and may apply for a 24-month STEM extension when the degree, employer, timing and reporting rules are satisfied. Eligibility is not a job, salary, sponsorship or visa guarantee.
What should an Indian applicant prepare for Fordham MS Quantitative Finance?
Prepare complete academic records, official English translations where needed, accepted English evidence and every programme-specific item on the degree page. Map previous study to calculus, linear algebra, probability, statistics and programming. Add the statement, CV, recommendations or test scores the programme requests, then keep funding proof ready for the post-admission financial guarantee.
Sources
These sources support the programme, admission, cost and immigration information used on this page.
Sources checked on October 8, 2026. Current intake information follows. Fall 2027 full-time campus route.
| No. | Source | Evidence role |
|---|---|---|
| 01 | Fordham University, MS Quantitative Finance official programme page | Core programme evidence |
| 02 | Fordham 2026-27 school tuition and fees | Core programme evidence |
| 03 | Fordham school-specific admission requirements | Core programme evidence |
| 04 | Fordham international student financial documents | Supporting external evidence |
| 05 | ICE SEVIS I-901 fee | Core programme evidence |
| 06 | US Department of State visa fees | Core programme evidence |
| 07 | ICE Optional Practical Training | Core programme evidence |
| 08 | DHS STEM OPT requirements | Core programme evidence |
| 09 | Research Organization Registry, Fordham University | Core programme evidence |
| 10 | European Central Bank reference rates | Core programme evidence |
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