Duke University MS in Quantitative Financial Economics: Fees, Living Costs, Test Scores, Visa Process, Work during Study, Entry Requirements.

Master of Science [M.S] [Quantitative Financial Economics] From Duke University

Durham, North CarolinaLocation
UniversitySchool type
Estd1838established year
16130enrollment
Private (Not for Profit)
8.3/10

Master of Science [M.S] (Quantitative Financial Economics)

2 years
Full Time
On Campus

Field of Study

$62,620 /Yr


Tuition Fees

Year1st Year Fees
Tuition Fees$62620

Other Expenses

HeadAvg Cost Per Year
Housing$10404
Board$3330

Previous Year Tuition Fees

Year1st Year Fees
2022$60220
2021$27840

Important Dates

Admission Take Place On Rolling Basis.

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Collegedunia Team

Content Curator

  • The Duke University MS in Quantitative Financial Economics (MQFE) program is designed for students seeking a rigorous and in-depth understanding of quantitative financial analysis
  • The program is tailored for those who aspire to pursue advanced academic programs, especially Ph.D. studies in finance at top business schools, or those aiming to enhance their skills for career advancement in the private sector
  • The program stands out by offering advanced courses in specialized areas such as volatility modeling, analysis of high-frequency data, and continuous-time finance
  • This program offers the flexibility of completing the curriculum in either three or four semesters, allowing you to progress at a pace that suits your individual needs and commitments
  • The program includes a compulsory, zero-credit seminar series on Ethical Considerations in Finance
  • The program facilitates research opportunities through connections with scholars in both Economics and the Fuqua School of Business

Ready to Know More? Click Below for the MS in Quantitative Financial Economics Program at Duke University.


Eligibility & Entry Requirement

Acceptance Rate 6%
Academic Requirement Applicant should have bachelor's degree in mathematics, statistics, economics, engineering, or related fields from an accredited institution with a minimum GPA of 3.0 on a 4.0 scale
English Language Proficiency Score IELTS : 7 | TOEFL : 90 | Duolingo : 115 
Documents Required
  • Online Application Form
  • 3 Letter of Recommendation (References should be from credible sources who speak to relevant IT experience and/or work ethic)
  • Academic Transcripts and Certificates (Front & Back)
  • Résumé, including all professional and educational experience
  • English Language Proficiency Score
  • Statement of Purpose (Should be a typewritten document of 500 words or less)
  • 1 page Essay on Leadership and Teamwork
  • Immigration History Evidence (inc. any visa refusals, previous Student visa held etc)
Application Fee USD 95 (INR 7887)
Decision Time Within two the three weeks of the application being complete
Interview Online

Scores Required

7 / 9

Avg. Score in

IELTS

90 / 120

Avg. Score in

TOEFL

125 / 160

Avg. Score in

Duolingo


Required Document List

The following Documents are required to attend this program:

  • Statement of Purpose: An essay or other written statement written by the student.
  • Resume/CV: Outline of academic achievements and/or awards, publications, relevant work, and/or volunteer experience.
  • Academic Documents: Submit copies of official transcripts from post-secondary institutions attended.
  • Sample of written work: Student has to write something interesting as their sample essay in the application form.
  • Statement of Interest: Reasons or intentions for pursuing studies in this program, including a description of prior experience.
  • Three confidential letters of recommendation: Referees (Teachers, guidance counselors, or Professors) should comment on academics, and that references should submit along with the application system.
  • Tests Score statement: Students have to submit their English language proficiency scores like  IELTSTOEFL.

Ranking

202520242023202220212020201920182017

QS World University logo
Economics 25 out of 700 in Global Ranking
( #15 out of 113 in USA 2025)

US News logo
Economics 19 out of 147 in Global Ranking
( #9 out of 141 in USA 2025)

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Career and Placement after Course

After completing this program, you have the following job opportunities:

  • Risk Management Analyst
  • Capital Market Analyst
  • Financial Market and Treasury Analyst
  • Financial Communication, Strategic Partnerships
  • Corporate Sales Analyst
  • Economic and Investment Strategy Advisor and many more.


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