University of California Berkeley Master of Engineering in Financial Engineering : Fees, Living Costs, Test Scores, Visa Process, Work during Study, Entry Requirements.

UC Berkeley Master Financial Engineering Fees, Requirement, Application, Deadline.

Berkeley, CaliforniaLocation
UniversitySchool type
Estd1868established year
45882enrollment
Public
Berkeleycampus
6.9/10

Master of Engineering [MEng] (Financial Engineering)

1 year
Full Time
On Campus

Field of Study

$87,046 /Yr

4 Students Applied
3 Students Admitted
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Collegedunia Team

Content Curator | Updated on - Oct 28, 2025

UC Berkeley MEng Financial Engineering is a 1 year Full Time Master program. This program is offered On Campus. The first year fees for MEng Financial Engineering at UC Berkeley is ₹ 76.6 Lakhs (USD 87046). Earlier in 2025, the MEng Financial Engineering Fee was ₹ 76.6 Lakhs (USD 87046). This shows that the academic fees has remained the same.

For admission to MEng Financial Engineering at UC Berkeley, international students need IELTS: 7.0, TOEFL iBT: 90. For more details, check UC Berkeley Admissions 2025

UC Berkeley MEng Financial Engineering Total Fees 2026

The tuition fee for MEng Financial Engineering at UC Berkeley is USD 87046 per year (₹ 76.6 Lakhs). Meanwhile, the total cost is USD 121561/Year (₹ 1.07 Crore). This includes the tuition fee and other expenses such as Living Cost, Books & Supplies, Health Insurance, etc.

The tuition fee for MEng Financial Engineering at University of California is as follows:

Expense Type Average Cost (INR) Equivalent (USD)
Tuition Fee ₹ 76.6 Lakhs USD 87046
Application Fee ₹ 24,200 USD 275

The other expenses for MEng Financial Engineering at University of California is as follows:

Expense Type Average Cost (INR) Equivalent (USD)
Housing & Utilities ₹ 15.23 Lakhs USD 17312
Transportation ₹ 2.79 Lakhs USD 3166
Food ₹ 7.62 Lakhs USD 8654
Miscellaneous & Personal ₹ 2.36 Lakhs USD 2682
Health Insurance ₹ 2.38 Lakhs USD 2701
Total Cost ₹ 30.37 Lakhs USD 34515

MEng Financial Engineering Tuition Fee Trends at UC Berkeley

UC Berkeley MEng Financial Engineering Fees for Indian students is ₹ 76.6 Lakhs (USD 87046). This academic fee has remained the same from 2025. Candidates can check the year on year trends in UC Berkeley Fees in the table below.

Academic Year Tuition Fees (INR) Tuition Fees (USD)
2026 ₹ 76.6 Lakhs USD 87046
2025 ₹ 76.6 Lakhs USD 87046

MEng Financial Engineering at UC Berkeley Admission 2026

To be eligible for admission to MEng Financial Engineering at UC Berkeley, applicants must meet specific academic and language requirements.

Academic Eligibility:

  • Students must complete a bachelor's degree or the recognized equivalent from an accredited institution.
  • Students hold a satisfactory scholastic average, usually a minimum grade-point average (GPA) of 3.0 (B) on a 4.0 scale.
  • A strong quantitative background including linear algebra, multivariate calculus, differential equations, numerical analysis, and advanced statistics and probability is required.
  • The submission of either GMAT or GRE scores is required for this program but there is no minimum acceptable score.

Work Experience:

  • Students have experience with statistical and econometric applications. (Examples: Sas, Gauss, RATS, S-Plus, and Garch.)
  • Students also hold experience with mathematical tools. (Examples: MatLab, Mathematica, or MathCad.)

English Language proficiency:

  • All students from countries or political entities in which the official language is not English are required to submit official evidence of English language proficiency.
  • This applies to students from Bangladesh, Burma, Nepal, India, Pakistan, Latin America, the Middle East, the People’s Republic of China, Taiwan, Japan, Korea, Southeast Asia, most European countries, and Quebec (Canada).

Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test to get admission to this program.

UC Berkeley MEng Financial Engineering Application Link

UC Berkeley MEng Financial Engineering Application Link; Apply Here

MEng Financial Engineering at UC Berkeley Admission Requirements

For admission to MEng Financial Engineering, UC Berkeley accepts IELTS, TOEFL exam. The average scores among admitted students are typically around: 7 in IELTS, 90 in TOEFL.

MEng in Financial Engineering Fee Comparison

The fee comparison for similar programs like UC Berkeley MEng Financial Engineering are:

University Program First Year Fees in USD First Year Fees in INR
Johns Hopkins University M.S Finance USD 88,000 /Yr INR 77.4 L/Yr
University of California MEng Bioengineering USD 16,902 /Yr INR 14.9 L/Yr

Also Check:


Tuition Fees

Year1st Year Fees
Tuition Fees$87046

Other Expenses

HeadAvg Cost Per Year
Housing & Utilities$17312
Transportation$3166

Previous Year Tuition Fees

Year1st Year Fees
2025$87046

Important Dates

Application deadline for 2026 intake has not yet decided.

Scores Required

7 / 9

Avg. Score in

IELTS

90 / 120

Avg. Score in

TOEFL

275

Application Fees


Ranking

20252024202320222021202020192018

Times Higher Education logo
Engineering 5 out of 1250 in Global Ranking
( #4 out of 145 in USA 2025)

QS World University logo
Engineering 6 out of 550 in Global Ranking
( #3 out of 73 in USA 2025)

US News logo
Engineering 3 out of 198 in Global Ranking
( #3 out of 159 in USA 2025)

Do you think the Rankings are wrong ?  Report Here

TOP Scholarships

Scholarship nameAward amountEligibility
Guru Gobind Singh Fellowship$30,000Student must be a graduate of an Indian or Pakistani university in designated area.


Career and Placement after Course

The careers after graduation are:

  • Business Finance
  • Technology and Quality Market Analyst
  • Financial Engineer
  • Financial Systems Applications Analyst
  • Engineering Manager
  • Financial Analyst, etc.


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Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
BeArt Presets-Academic ScholarshipScholarship per student$ 2,500/Yr$2,500Level Of StudyBachelorTypeMerit-Based
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Comindware ScholarshipScholarship per student$ 4,000/Yr$4,000Level Of StudyApprenticeshipTypeMerit-Based
Forktip Women’s- Innovation ScholarshipScholarship per studentVariable AmountLevel Of StudyBachelorTypeCollege-Specific
FINCAD Women in Finance ScholarshipScholarship per student$ 20,000/Yr$20,000Level Of StudyMasterTypeMerit-Based

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ProgramImportant DateTotal FeesMedian Exams ScoreAction
Round 2 Initial Deposit Deadline for Fall 2026 Intake (16th Apr 2025)
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Round 3 Initial Deposit Deadline for Fall 2026 Intake (14th May 2025)
Round 1 Candidate Deadline for Fall 2026 Intake (8th Oct 2025)
Round 1 Decision Release Deadline for Fall 2026 Intake (3rd Dec 2025)
Round 2 Candidate Deadline for Fall 2026 Intake (14th Jan 2026)
Round 1 Initial Deposit Deadline for Fall 2026 Intake (14th Jan 2026)
Round 3 Candidate Deadline for Fall 2026 Intake (19th Mar 2026)
USD 91,500 /Yr
  • TOEFL: 100
  • IELTS: 7
  • PTE: 68
  • Duolingo: 130
Application Deadline For Fall 2026 Intake (7th Jan 2026)
USD 16,902 /Yr
  • IELTS: 7
  • TOEFL: 90

Do you think the Dates are wrong ?  Report Here

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