About Baruch MFE Program

Program Length
Three semesters; admission for Fall semester only

Tuition and Fees
For the entire program: $28,670 for NY state residents; $42,395 for out-of-state students, including international students

Application Deadlines
Round 1: November 15, 2019
Round 2: January 15, 2020
Round 3: February 15, 2020
Round 4: April 1, 2020
Round 5: May 1, 2020

Information Session
March 10, 2020, at 6pm. Register!

Employment Statistics 
December 2019
Placement Rate: 26 of 28
Starting Salary: High: 235K; Low: 110K; Median: 145K; Average: 151K

Summer 2019 Internship Placement
Placement Rate: 31 of 31
Monthly Compensation: High 10,000; Low 4,200; Median 8,700; Average 8,400

Employment Reports:

2019 Employment Report
2018 Employment Report
2017 Employment Report

Check MFE application status

How the Rotman International Trading Competition Works

RITC presents teams with six simulated trading cases that closely mimic different aspects of real world markets. These include commodities trading, credit risk, sales and trading—each of which Baruch won—equity valuation, where Baruch placed second, and algo trading where Baruch ranked third. There is also a competition for quant outcry.

The Baruch MFE team won the 2016 Rotman International Trading Competition (out of 52 teams) in record breaking fashion, after winning the competition in 2012 and placing 3rd in 20113rd in 2013, and 4th in 2014.

Even with different backgrounds and motivations for choosing financial engineering, Baruch’s team operated as a united front at RITC and in the end, had a tremendous bonding experience. In addition to the thrill of competition, RITC gives students real-world skills and a competitive edge in the job market.

A New Baruch “Gaming” Strategy Pays Dividends

In 2016, Baruch’s strategy was to follow best practices established in preparing for the cases and adapt them swiftly in changing market conditions. Baruch’s success attributed to a new elective course, “Fundamentals of Trading”, introduced in Fall 2015. Taught by Jarrod Pickens, PhD, a math professor who also served as the team’s coach, the course introduced students to a simulated trading book and led them to implement various trading strategies while managing the risk of their positions.