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Master of Science in Finance with Concentration in Financial Engineering (STEM) INTO Group - Drew University INTO Group - Drew University, USA

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USD 37280

Annual Tuition Fee

!
*Subject to change and other fees
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 Free

Application Fee

Duration icon

12 months

Duration

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6.5

IELTS

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80

TOEFL

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65%

Min GPA

Program Overview

A key feature of Drew’s program is an internship, which allows students to build experience and work with a talented group of industry mentors. Mentors work with students in diverse areas such as municipal bond research, derivatives trading, and private equity, and each student has the opportunity to expand their network with NYC-based financial institutions during their time at Drew. A team-based portfolio management assignment occurs during the capstone, which allows students to present asset allocation recommendations to a panel of industry practitioners and financial experts

Financial Engineering

Drew’s STEM-designated Master of Science in Finance program with a concentration in Financial Engineering is a rigorous, 30-credit immersion in advanced finance. Students will learn how to apply finance, mathematics, programming, and engineering methods to build models and solve complex financial problems. Across the financial markets, there is a growing need for financial engineering skills in algorithmic trading, risk management, securitization, and derivatives. Drew students will be leading that change forward.

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Additional Information

Program Level Master's Degree

College/University Processing Time 42 Days

Program Format Full-Time

Optional Practical Training (OPT) work permit

Program Intake

Open

Aug 2025

General Admission Requirement

    Academic Requirement

    • Minimum Level of Education Required: To be accepted into this program, applicants must have a Bachelor's Degree.

    6.5 IELTS Score
    80 TOEFL Score Minimum Overall Score
    105 Duolingo Minimum Overall Score
    65% CGPA Minimum Overall Score

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    Tuition Fee

    The values given below are estimated figures, excluding extra charges like material fee, student activity fees, athletic fees, health care, etc., for courses. To know more, please visit the Programs page.

    Average Tuition Fee Per Year

    37280

    Tuition Fee
    (USD)

     Free

    Application Fee
    (USD)

    16000 Per year

    Average Cost of Living
    (USD)

    info icon

    The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

    Check program website for more information about funding options.

    Scholarships

    Type of Scholarship Scholarship Information Amount/ Range
    Undergraduate scholarships:
    Regional award
    Regional scholarship
    Dean’s Progression scholarship
    The Francis Asbury Scholarship, The Presidential Scholarship, The Dean’s Scholarship, and The Drew Scholarship
    Drew CSAT scholarship
    Action scholars
    Scholarship in the Arts
    Baldwin Honors scholarship

    Graduate Scholarships
    Regional scholarship
    Regional scholarship
    Drew Graduate scholarship
    Undergraduate scholarships:
    Regional award
    • Awarded automatically with offer.
    • Applicable to International Year One or Undergraduate Transfer
    Program enrollments.
    • Region/nationality based awards.
    • Students on government scholarships or sponsored by an external
    entity are not eligible for this award.
    • Renewable as long as the student remains in good academic
    standing, maintaining a GPA of 2.0+.
    • Contact your INTO regional staff or Drew representative for more
    information.

    Regional scholarship
    • Limited availability on a first-come, first-served basis.
    • Applicable to International Year One or Undergraduate Transfer
    Program enrollments.
    • A personal statement or scholarship interview may be required for
    some regions.
    • Renewable as long as student remains in good academic standing,
    maintaining a GPA of 2.0+.

    Dean’s Progression scholarship
    • Successful completion of International Year One or Undergraduate
    Transfer Program and matriculate to Drew.
    • Achieve a minimum GPA of 3.25 on International Year One or
    Undergraduate Transfer Program to qualify for $7,000 per year.
    • Achieve a minimum GPA of 3.5 on International Year One or
    Undergraduate Transfer Program to qualify for $15,000 per year.
    • Maintain consecutive enrollment at Drew as a full-time degreeseeking
    student in an approved undergraduate program.
    • Renewable as long as student remains in good academic standing,
    maintaining a GPA of 2.0+.
    • Can not be combined with regional awards or scholarships. Higher
    value of the two scholarships will be awarded.

    The Francis Asbury Scholarship, The Presidential Scholarship, The Dean’s Scholarship, and The Drew Scholarship
    • No scholarship application is required, qualified applicants are
    automatically considered.
    • Applicable to full-time first-year Direct Entry undergraduate
    enrollments
    • Based on academic qualifications.
    • Minimum GPA of 3.0+ upon high school or secondary school
    completion.
    LINK: drew.edu/student-financial-services/sfs/financial-aid-scholarships/grants-scholarships

    Drew CSAT scholarship
    • Students must have taken the CSAT and submit scores to be
    eligible for this scholarship (stackable with regional and Direct Entry
    scholarships).
    • International Year One --- 70% or 5.5 rank or six on all sections of
    CSAT, Graduation Certificate/diploma.
    • Direct Entry --- 80% or four rank or five on all sections of CSAT,
    Graduation Certificate/diploma.

    Action scholars
    • Scholarship application required (see link below).
    • Applicable to full-time first-year Direct Entry undergraduate
    enrollments
    • Two-year program with a four-year scholarship.
    • Accepted students join a cohort committed to community,
    innovation and global impact.
    LINK: drew.edu/civic-engagement/about-us/drew-action-scholars

    Scholarship in the Arts
    • No scholarship application is required, qualified applicants are
    automatically considered.
    • Portfolio submission is required, or audition by request.
    • Can be combined with other merit-based awards.
    • Applicable to full-time Direct Entry undergraduate enrollments.
    • Scholarship recipients are not required to major in an arts field, they
    are expected to participate in the fine or performing arts throughout
    their studies.
    LINK: drew.edu/student-financial-services/sfs/financial-aid-scholarships/grants-scholarships/drewscholarship-
    for-the-arts

    Baldwin Honors scholarship
    • Must request consideration for Baldwin Honors Program on
    university application.
    • Applicable to full-time first-year Direct Entry undergraduate
    enrollments
    • Must be awarded the Francis Asbury Scholarship.
    • Minimum SAT 1300 or ACT 29.
    • Renewable as long as the student remains in good academic
    standing, maintaining a GPA of 3.5+.
    LINK: drew.edu/student-financial-services/sfs/financial-aid-scholarships/grants-scholarships

    Graduate Scholarships:
    Regional scholarship
    • Limited availability: first come, first served
    • Applicable to Graduate Pathway or Integrated Master's Program
    enrollments
    • Personal statement or scholarship interview may be required for
    some regions

    Drew Graduate scholarship
    • Graduate Direct Entry.
    • Given at the discretion of the Graduate Admissions Team.
    Undergraduate scholarships:
    Regional award-Up to $60,000 ($7,000-$15,000 per year)
    Regional scholarship-$24,000 ($2,000-$6,000 per year)
    Dean’s Progression scholarship-$30,000 ($15,000 per year)
    The Francis Asbury Scholarship, The Presidential Scholarship, The Dean’s Scholarship, and The Drew Scholarship-$108,000 (Up to $27,000 per year)
    Drew CSAT scholarship-$8,000 ($2,000 per year)
    Action scholars-$10,000 ($2,500 per year)
    Scholarship in the Arts-$6,000 ($1,500 per year)
    Baldwin Honors scholarship-$10,000 (Up to $2,500 per year)

    Graduate Scholarships
    Regional scholarship-$8,000 ($2,000-$8,000 per year)
    Regional scholarship-$8,000 ($2,000-$8,000 per year)
    Drew Graduate scholarship-Up to 20% of tuition (One time on the first year/semester)

     

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