Masters in Quantitative Finance Abroad: Top Universities, Fees, Requirements, Eligibility & Scholarships

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11 results found

MSc Quantitative Finance

University of Manchester, UK

DURATION
1 Year
FEES
INR 29.22L/yr
EXAMS
IELTS-7.0
INTAKE SESSION
SEP 2025

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MSc Quantitative Finance and Risk Management

Newcastle University, UK

DURATION
1 Year
FEES
INR 29.90L/yr
EXAMS
-
INTAKE SESSION
SEP 2025

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Quantitative Finance MSC

Lancaster University, UK

DURATION
1 Year
FEES
INR 25.57L/yr
EXAMS
-
INTAKE SESSION
-

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Master of Science in Quantitative Finance

Queens University Belfast, UK

DURATION
1 Year
FEES
INR 21.66L/yr
EXAMS
IELTS-6.5
INTAKE SESSION
SEP 2025

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MSc Quantitative Finance and Mathematics

Heriot-Watt University, UK

DURATION
1 Year
FEES
INR 22.08L/yr
EXAMS
-
INTAKE SESSION
SEP 2026

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MSc Quantitative Finance

University of Strathclyde, UK

DURATION
1 Year
FEES
INR 30.40L/yr
EXAMS
-
INTAKE SESSION
SEP 2025

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Quantitative Finance MSc

City, University of London, UK

DURATION
1 Year
FEES
INR 29.72L/yr
EXAMS
IELTS-7.0
INTAKE SESSION
SEP 2025

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Finance (MS) - Investment Management and Quantitative Finance Track

University of Massachusetts Boston, USA

DURATION
1 Year
FEES
INR 30.34L/yr
EXAMS
IELTS-6.5
INTAKE SESSION
SEP 2026

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Master of Science in Quantitative Finance (MSQF)

Drexel University, USA

DURATION
1 Year 6 Months
FEES
INR 39.30L/yr
EXAMS
-
INTAKE SESSION
-

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Master of Science in Quantitative Finance and Risk Management

Temple University, USA

DURATION
1 Year 9 Months
FEES
-
EXAMS
-
INTAKE SESSION
-

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Highlights: Master's in Quantitative Finance Abroad

Feature	Details
Course Duration	12–24 months
Common Backgrounds	Mathematics, Engineering, Economics, Computer Science
Core Subjects	Derivatives, Risk Management, Financial Modelling, Python, R, Stochastic Calculus
Top Specializations	Financial Engineering, Computational Finance, Algorithmic Trading, Risk Analytics
Average Starting Salary	USD 85,000–100,000 (₹70–83 lakhs)
Popular Study Destinations	USA, UK, Germany, Canada, Singapore
Internship Opportunities	Yes, most programs include summer internships or capstone projects
STEM-Eligible (USA)	Yes – Optional Practical Training (OPT) for up to 3 years

Best Countries to Study Master's in Quantitative Finance Abroad

Countries like the USA, UK, Germany, Canada, and Singapore consistently rank among the best for a Master's in Quantitative Finance abroad. These destinations offer access to top financial hubs, leading quantitative finance master's programs overseas, and specialized tracks in financial engineering, computational finance, and risk analytics.

Universities for Master's in Quantitative Finance Abroad by Country

Country	Top Universities Offering Quantitative Finance Programs
USA	MIT, NYU (Courant), Columbia, UC Berkeley, Carnegie Mellon (Tepper), Princeton
UK	London School of Economics (LSE), University of Oxford, Imperial College London, University of Warwick
Germany	Frankfurt School of Finance, University of Mannheim, TU Munich
Canada	University of Toronto (Rotman), University of British Columbia (UBC), McGill University
Singapore	National University of Singapore (NUS), Nanyang Technological University (NTU), Singapore Management University (SMU)
Switzerland	University of Zurich, ETH Zurich, University of St. Gallen

Many of these countries also support internship opportunities in quantitative finance abroad through capstone projects and summer placements.

So, if you're planning to specialize in computational finance master's programs in Europe or want a career in financial engineering, choose a country that aligns with your long-term goals and offers real-world market exposure.

Top-Ranked Universities for Master's in Quantitative Finance Abroad

The best quantitative finance master's programs overseas are offered by top global universities known for strength in financial mathematics, risk analysis, and computational finance. These institutions offer specialised electives in algorithmic trading, derivatives pricing, and quant modeling—and are consistently ranked for academic excellence and global employability.

Best Universities for Master’s in Quantitative Finance Abroad

University (Location)	QS Global Finance Rank 2025	Estimated Annual Tuition (INR)
University of Oxford (Said), UK	1	₹50–55 lakhs
HEC Paris, France	2	₹35–40 lakhs
MIT Sloan, USA	3	₹65–70 lakhs
London Business School, UK	4	₹50–60 lakhs
University of Cambridge (Judge), UK	5	₹50–55 lakhs
UC Berkeley (Haas), USA	6	₹60–65 lakhs
ESSEC Business School, France	7	₹30–35 lakhs
Yale School of Management, USA	8	₹65–70 lakhs
London School of Economics (LSE), UK	9	₹40–45 lakhs
UCLA Anderson, USA	10	₹55–60 lakhs

Fees are approximate annual totals and may vary by intake year, scholarship, or residency status. Rankings based on QS and program-specific financial engineering reputations.

Course Structure of Quantitative Finance Master's Programs Abroad

Top quantitative finance master's programs overseas combine financial theory, applied mathematics, and coding. Courses are structured to prepare students for quant-driven roles in global finance, fintech, and risk management.

Common Subjects Covered:

Core Topics	Tools Used
Derivatives & Pricing	Python, R, MATLAB
Risk Management	Excel VBA, SQL
Financial Econometrics	Bloomberg Terminal
Quantitative Portfolio Theory	Python libraries (Pandas, NumPy)
Machine Learning for Finance	Scikit-learn, TensorFlow

Programs often include a research thesis or a capstone project in the final semester.

Intakes and Duration of Master’s in Quantitative Finance Abroad

Most quantitative finance master's programs abroad accept students in September (Fall intake). Some European and Asian universities also offer a January or Spring intake, though seats are limited.

Country	Duration	Main Intake
USA	18–24 months	September
UK	12–18 months	September
Canada	16–24 months	September
Germany	18–24 months	October
Singapore	12–18 months	August/January

Pointers:

Apply 8–10 months in advance to meet scholarship and visa deadlines
January intake is often limited to a few schools in Europe or Asia
Duration may vary based on part-time vs full-time or internship inclusion

Eligibility for Master's in Quantitative Finance Abroad

Top quantitative finance master's programs overseas are highly selective and require a strong foundation in mathematics, programming, and finance. Most applicants come from technical or quantitative undergraduate backgrounds and must show they’ve completed core coursework relevant to financial modeling and analytics. Without this, it becomes difficult to keep up with the pace of programs in the USA, UK, Europe, or Singapore.

Admission Criteria for International Quantitative Finance Programs

Eligibility Criteria	Details
Accepted UG Backgrounds	Maths, Statistics, Engineering, Computer Science, Finance, Physics
GPA Requirement	Minimum 3.0/4.0 or First Class (60–65%+ for Indian students)
Required Coursework	Calculus, Linear Algebra, Probability, Statistics, Programming (Python/C++)
GRE/GMAT Expectations	GRE often preferred (Quant score 160+); not mandatory everywhere
English Proficiency Scores	IELTS 6.5–7.0 or TOEFL iBT 90–100

If your degree lacked advanced math or coding modules, you may need to complete a bridging course.

Admission Process for Master's in Quantitative Finance Abroad

The admission process for quantitative finance master's programs overseas focuses on both academic ability and quantitative reasoning. Most universities require a clear, technically sound SOP, two LORs highlighting analytical skills, and a portfolio of projects or internships in data science, modeling, or financial engineering. Timely applications are critical, especially for scholarship consideration.

Application Steps for Quantitative Finance Master's Programs Abroad

Cost of Studying Master's in Quantitative Finance Abroad

The total cost of studying Master’s in Quantitative Finance abroad can range between ₹8 lakhs to ₹17 lakhs per year—excluding tuition. These costs include living expenses, student health insurance, international travel, and access to premium finance software. While the USA and UK tend to have higher living costs, countries like Germany, Singapore, and Canada offer more affordable options with comparable quality in financial mathematics programs and quantitative investment strategies education.

Estimated Annual Cost of Studying Financial Engineering Abroad

Country	Living + Travel + Tools (INR)	Tuition Expense (INR)
USA	₹11.7–16.7 lakhs	₹30–45 lakhs per year
UK	₹11.6–15.6 lakhs	₹22–35 lakhs per year
Germany	₹7.9–9.9 lakhs	₹0–3 lakhs per year (public unis)
Singapore	₹8.7–11.2 lakhs	₹18–28 lakhs per year
Canada	₹8.5–12 lakhs	₹20–30 lakhs per year

Figures are indicative. Tuition varies by university. Public institutions in Germany charge minimal or no tuition, while top US schools are the most expensive overall.

Non-Tuition Expenses for Quantitative Finance Students

Expense Type	Estimated Range (Annual)	Remarks
Student Housing + Food	₹6.5L – ₹12L	Depends on city, type of accommodation
Software & Tools	₹60K – ₹1L	MATLAB, Bloomberg, R, Python subscriptions
Student Insurance	₹40K – ₹80K	Mandatory in most countries
Travel & Visa	₹50K – ₹1L	One-way airfare + visa and admin costs

Students opting for programs in top global hubs like London or New York should budget on the higher end due to local costs.

Scholarships for Master's in Quantitative Finance Abroad

Many international students fund their Master’s in Quantitative Finance abroad through merit-based scholarships, teaching assistantships, and finance-specific fellowships. These awards are highly competitive and often tied to early deadlines or outstanding academic performance. Some universities also offer funding tied to diversity, research projects, or need-based aid.

Scholarships for Quantitative Finance Master's Students

Scholarship Type	What It Covers	Eligibility Tips
Merit-Based Scholarships	Partial to full tuition fee waivers	Apply early, maintain GPA ≥ 3.5, strong quant/math background
Finance/Quant-Specific Fellowships	Targeted at students in computational finance or risk analytics	Available in US, UK, Singapore top programs
Research/TA Assistantships	Monthly stipends + tuition discounts	Offered by US/Canada programs with strong math departments
Diversity or Women in STEM Awards	Tuition + travel coverage (partial)	Offered by LSE, Columbia, NTU, UBC for women and minority groups
Need-Based Aid	Partial tuition or living cost grants	Case-by-case evaluation; mostly in Canada and Germany

Always check university deadlines, funding applications often close 2–3 months before regular admission deadlines.

Jobs After Master's in Quantitative Finance Abroad

Graduates of a Master's in Quantitative Finance abroad are hired into high-paying roles across investment banks, hedge funds, fintech firms, and consulting companies. These positions require fluency in Python, R, and SQL, and involve skills like derivatives pricing, risk modeling, and algorithmic strategy development. The average starting salary ranges from USD 90,000 to 120,000 (₹75–100 lakhs), with top employers paying more in global financial hubs.

Career Roles in Quantitative Finance

Job Role	Skills in Demand
Quantitative Analyst (Quant)	Python, R, stochastic calculus, C++
Risk Modeller / Credit Analyst	VaR, risk engines, Excel/VBA, SQL
Algorithmic Trader	Python, low-latency C++, market data
Portfolio Manager (Data-Driven)	Asset pricing, ML, strategy backtests
Financial Data Scientist	Python, AI/ML, APIs, cloud analytics

Country-Wise Average Salary After Master’s in Quantitative Finance Abroad

Country	Average Salary (USD/year)	Equivalent in INR (approx.)
USA	$95,000–120,000	₹79–100 lakhs
UK	£50,000–70,000	₹52–73 lakhs
Germany	€55,000–75,000	₹49–67 lakhs
Canada	CAD 75,000–95,000	₹46–58 lakhs
Singapore	SGD 70,000–100,000	₹43–61 lakhs

Salaries vary based on role, company, and prior experience. Hedge funds and trading firms often pay at the higher end.

Top Employers for Financial Engineering Graduates

Investment Banks: JPMorgan, Goldman Sachs, Morgan Stanley
Hedge Funds: Citadel, Two Sigma, Renaissance Technologies
Fintechs: Stripe, Revolut, Robinhood, Klarna
Consulting Firms: McKinsey, BCG Gamma, Deloitte Risk Analytics
Tech + Finance Hybrids: Amazon AWS FinOps, Bloomberg, Numerai

Most roles require coding tests, financial case studies, or take-home assignments in Python or R as part of hiring.

Career Path After Master's in Quantitative Finance Abroad for Indian Students

The transition from a Master's in Quantitative Finance abroad to a full-time job typically follows a structured path: internships, technical screenings, and employer-specific visa sponsorship. Coding fluency is non-negotiable, and many Indian students also pursue CFA or CQF certifications alongside or post-graduation to strengthen their profiles in risk analytics or portfolio optimization.

Career Path After Master’s in Quantitative Finance Abroad: Step-by-Step

Career Stage	Key Steps for Indian Students
During Program	Secure internships, complete Python/R-based projects, build GitHub repo
Before Graduation	Apply for quant roles, pass coding interviews, network via finance events
Certifications	CFA (Levels I–II) or CQF for edge in valuation, derivatives, risk
Post-Graduation Work	Apply under OPT (USA), Graduate Route (UK), or Job Seeker (Germany)
Returning to India	Join quant teams in Mumbai, Gurugram, or Bangalore (banks, analytics)

Hiring Demand and Visa Options for Quant Finance Graduates

Country	Post-Study Stay-Back	Visa Pathways
USA	3 years (STEM OPT)	H1B, CPT/OPT, employer-sponsored green card
UK	2 years (Graduate Route)	Skilled Worker Visa, High Potential Individual Visa
Germany	18 months	EU Blue Card, Job Seeker Visa
Canada	3 years (PGWP)	Express Entry, Provincial Nominee Program (PNP)
Singapore	12–24 months (S Pass/E Pass)	Employer-sponsored PR possible after 2–3 years

Is Master's in Quantitative Finance Abroad Worth It for Indian Students?

A Master's in Quantitative Finance abroad is a smart choice for Indian students aiming for high-growth roles in global finance and data-driven investing. The program builds technical skills in coding, modeling, and analytics, core requirements for quant jobs. With strong stay-back options in the US, UK, and Europe, it offers both career flexibility and high earning potential. It’s ideal for those serious about combining math with finance.

FAQs About Master's in Quantitative Finance Abroad

What subjects are covered in a Master's in Quantitative Finance Abroad curriculum?

Most quantitative finance master’s programs overseas include modules on stochastic calculus, derivatives pricing, machine learning, portfolio optimization, and financial programming using Python or R.

Which country is best for Master's in Quantitative Finance Abroad for Indian students?

The USA, UK, Germany, and Singapore are top destinations. The USA leads in quantitative finance master’s programs, while Europe offers strong computational finance master's programs with lower tuition costs.

How much does a Master's in Quantitative Finance Abroad cost for Indian students in 2025?

Tuition fees range from USD 35,000–60,000 (₹29–50 lakhs), depending on the university and country. Top US and UK programs in financial mathematics and risk analytics tend to be on the higher end.

What are the top universities for Master's in Quantitative Finance Abroad with strong quant research?

Best universities for master's in quantitative finance abroad include Carnegie Mellon, NYU Tandon, LSE, ETH Zurich, and NUS—all known for financial engineering and quantitative modelling research.

Is work experience required to apply for Master's in Quantitative Finance Abroad?

Most programs don’t require work experience, but international quantitative analysis degrees at top universities prefer candidates with internships or finance-related exposure.

What programming skills are essential for Master's in Quantitative Finance Abroad applicants?

Skills in Python, R, MATLAB, and C++ are often needed for quantitative risk modeling degrees and algorithmic trading master’s programs. Some universities may assess this during the application.

Are Master's in Quantitative Finance Abroad programs STEM-designated in the USA?

Yes, most quantitative finance master's programs in the USA are STEM-designated, offering a 3-year OPT extension after graduation for international students.

What are the English language requirements for Master's in Quantitative Finance Abroad?

Applicants must submit IELTS (6.5–7.5) or TOEFL (90–100) scores for most computational finance master’s programs in Europe, the US, and the UK.

Can I study Master's in Quantitative Finance Abroad without a GRE or GMAT score?

Some universities waive GRE/GMAT, but competitive quantitative finance master's programs overseas—especially in the US—prefer GRE scores above 320 for quant-heavy programs.

What scholarships are available for Master's in Quantitative Finance Abroad in the UK and US?

Scholarships for quantitative finance master's students include Chevening (UK), Fulbright (US), DAAD (Germany), and university-specific merit-based aid or graduate assistantships.

What are the job placement rates after Master's in Quantitative Finance Abroad?

Top universities report 85–95% placement within 3–6 months, especially in roles tied to quantitative investment strategies education, data science, or fintech.

Which industries hire graduates with a Master's in Quantitative Finance Abroad?

Graduates work in investment banking, hedge funds, risk management, fintech, and consulting—especially in roles related to financial engineering, derivatives pricing, and algorithmic trading.

Can I stay back and work after a Master's in Quantitative Finance Abroad in Europe?

Yes. Countries like Germany, France, and the Netherlands offer 12–24 month post-study work visas, making quantitative finance master’s programs in Europe attractive for Indian students.

How competitive is admission to top Master's in Quantitative Finance Abroad programs?

Admission to top programs is highly competitive, with average acceptance rates under 15%. Strong math background, programming skills, and high GPA are essential for international quantitative finance programs.

What is the future scope of Master's in Quantitative Finance Abroad for Indian students?

With automation, data analytics, and AI reshaping finance, career paths after master's in financial engineering include high-demand roles in quant trading, portfolio analysis, and financial AI modelling.