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Master'sUnited States · Business / Finance
Master of Financial Engineering (MFE)
University of California, Berkeley (UCB)
✓ Last verified Oct 4, 2026
Entry requirements
- Grades
- GPA (4.0 scale) — Minimum 3Required
- English(Any one of these tests)
- TOEFL — Minimum 90Required
- IELTS — Minimum 7Required
- Tests
- GMAT or GRERequired
- Prior degree
- Bachelor's degree representing at least 16 years of schoolingRequired
- Strong quantitative background: multivariate calculus, linear algebra, differential equations, numerical analysis, advanced statistics and probabilityRequired
- Programming experience in C++ and PythonRequired
- Finance training: 2 courses or equivalent work experienceRequired
- English writing/composition or speech course or equivalentRequired
- Work experience
- Preferred
- Other
- InterviewRequired
- EssayRequired
- Accepted English tests
- TOEFL iBT (incl. Home Edition; institution code 4833, dept 82) at least 90; IELTS overall at least 7. TOEFL ITP and Duolingo not accepted. Waiver: at least one year of full-time coursework with B or better at a US university. China listed as a country where English is not the official language (test required).
- Other requirements
- Minimum 3.0 in upper-division work. GRE/GMAT optional only for PhD holders or US bachelor's holders with GPA 3.70+. GMAT/GRE valid five years. Two letters of recommendation from people familiar with your quantitative training; resume; USD 275 fee. Prerequisites may be completed after applying if there is a clear plan before the programme starts. Class entering 2025: 91% average Quant percentile. One-year full-time or two-year Flex; both start in spring. Tests: GMAT required (GMAT, GMAT Focus or GRE; most successful applicants have Quant in the 90th percentile); GRE required (GRE or GMAT); INTERVIEW required (by invitation only); ESSAY required (written essays plus video essay).