Baruch MFE – Admission Statistics to the Financial Engineering Program

We include detailed statistics on the GPAs and the test scores of the students admitted into the MFE program every year which show that low GPAs or low test scores can be overcome by demonstrating strength in other areas of the application.

We look at every application as a complete package, which includes not only the quantifiable parts, such as GPA and test scores, but also the Personal Essay, Letters of Recommendation, and other general considerations, such as relevant work experience and the strength of the mathematical and C++ programming background of the applicant.

Semester Applicants Admitted Adm. Rate Enrolled Yield Full-Time & Part-Time International
Fall 2020 490 40 8% 29 75% 26 & 3 25
Fall 2019 506 44 9% 30 68% 29 & 1 26
Fall 2018 622 48 8% 40 83% 35 & 5 31
Fall 2017 723 54 7% 40 74% 36 & 4 32
Fall 2016 675 53 8% 40 75% 34 & 6 27

Average GPA and Test Scores for All Applicants

Fall 2019

GPA GRE GMAT
Semester Undergrad Graduate Quantitative Verbal Analytical Quantitative Verbal Analytical
Fall 2020 3.55 3.52 168 157 3.7 49 35 4.6
Fall 2018 3.55 3.58 168 156 3.7 48 34 4.7
Fall 2017 3.54 3.55 168 155 3.5 49 32 4.7
Fall 2016 3.58 3.57 169 156 3.5 50 35 4.8

Average GPA and Test Scores for Admitted Students

GPA GRE GMAT
Semester Undergrad Graduate Quantitative Verbal Analytical Quantitative Verbal Analytical Total
Fall 2020 3.76 3.67 169.8 158 3.8 50 40 4.8 737
Fall 2019 3.75 n/a 169.5 158 3.8 n/a n/a n/a n/a
Fall 2018 3.68 3.81 169 156 3.5 50 36 5.0 715
Fall 2017 3.67 3.79 169 157 3.5 50 36 5.0 715
Fall 2016 3.68 3.76 169 156 3.5 49 35 5.5 700

GPA – Admitted Students

Semester 1st Quartile 2nd Quartile 3rd Quartile 4th Quartile
Fall 2020 3.30 – 3.64 3.64 – 3.80 3.80 – 3.89 3.89 – 4.00
Fall 2019 3.40 – 3.70 3.70 – 3.77 3.78 – 3.84 3.86 – 3.99
Fall 2018 3.19 – 3.55 3.56 – 3.70 3.70 – 3.80 3.80 – 3.99
Fall 2017 3.10 – 3.56 3.56 – 3.70 3.70 – 3.79 3.80 – 4.00
Fall 2016 3.00 – 3.60 3.60 – 3.72 3.74 – 3.82 3.82 – 4.00

GRE Scores for Admitted Students – Detailed Statistics

GRE Admitted – Quantitative Score GRE Admitted – Verbal Score
Semester 1st Quartile 2nd Quartile 3rd Quartile 4th Quartile 1st Quartile 2nd Quartile 3rd Quartile 4th Quartile
Fall 2020 168 – 170 170 170 170 146 – 155 155 –157 157 –160 160 –167
Fall 2019 165 – 169 169 – 170 170 170 144 – 155 155 – 157 157 – 161 161 – 169
Fall 2018 166 – 169 169 – 170 170 170 144 – 152 152 – 155 156 – 160 160 – 169
Fall 2017 165 – 168 168 – 170 170 170 146 – 154 155 – 157 157 – 160 161 – 169
Fall 2016 162 – 168 168 – 170 170 170 143 – 153 153 – 156 156 – 159 159 – 167

Majors – Students Admitted to the Financial Engineering MS Program

 Semester Engineering Mathematics Financial Engineering Economics Finance Business Physics Computer Science Statistics Other
Fall 2020 3% 28% 5% 25% 18% 3% 8% 2% 7%
Fall 2019 10% 22% 13% 22% 13% 0% 3% 8% 8%
Fall 2018 18% 13% 6% 16% 18% 9% 6% 8% 6%
Fall 2017 19% 15% 6% 23% 13% 6% 6% 2% 10%
Fall 2016 10% 23% 8% 8% 22% 6% 7% 7% 8%

Degrees Held – Students Admitted to the Financial Engineering MS Program

Semester BS MS or MBA PhD
Fall 2020 91% 9% 0%
Fall 2019 87% 13% 0%
Fall 2018 75% 22% 3%
Fall 2017 63% 20% 17%
Fall 2016 66% 32% 2%