Master of Quantitative Finance Application Checklist

In addition to the Online Application, applicants must complete the following:

1. Application fee (non-refundable) of $70

Checks and money orders should be made payable to Rutgers, the State University of New Jersey. Do not send cash. This can also be paid online via a credit card.

The application fee is waived for all military and veteran applicants. If you fall into this category, please e-mail Tishawn Hatchett at tishawnb@business.rutgers.edu prior to submitting your application and send her a copy of your DD 214 form or a copy of your military ID card. Do NOT include your social security number when e-mailing the form. Please block it out prior to sending.

2. Official Transcripts

To expedite the review process, applicants should upload unofficial transcripts to the online application or via email to the admission office. Upon being accepted and committing to the program, applicants must mail in an official transcript for each undergraduate and graduate institution attended prior to the start of the term. These transcripts must demonstrate degree conferral.  

*Official transcript(s) and degree conferral(s) will be verified. The Admissions Committee reserves the right to withdraw an offer of admission at any time prior to or after enrolling if there is any discrepancy between the self-reported and official transcript(s).

For Rutgers graduates, please note that even though you are applying to Rutgers as an alumnus, you still need to contact the Registrar's office and request your official transcript be mailed to our office upon admission to the program.

Applicants holding international transcripts do not need to have their transcripts evaluated unless advised by the Rutgers Business School Admissions Committee. For more information on this, or if you are a domestic applicant holding international transcripts, please refer to our international instructions.

3. GMAT or GRE Test Results

Official GMAT or GRE test results, taken within five years from the term of entrance, are required.

  1. GMAT code: QK5-XT-02
  2. GRE code: 5529

Applicants holding one of the following degrees are exempted from the GMAT/GRE: JD, PhD, MD, PharmD, MS, MA or MBA.

You will be considered for (but not automatically given) a GMAT/GRE waiver if you meet at least one of the following criteria:

  • Five or more years of professional work experience after completing undergraduate degree.
  • Four or more years of military experience.

You can request a GMAT waiver in your online application - additional fields will appear once you check the waiver request checkbox, where you can submit which criteria you meet for your request.

Please click here to try a sample GMAT quiz.

4. Test of English as a Foreign Language (TOEFL), IELTS, or Pearson Test of English Academic (PTE Academic)

You must submit the TOEFL, IELTS or PTE Academic test if English is not the official language in your country. Applicants from countries with more than one official language, including English, (Pakistan, India, Hong Kong, etc.) are not exempt from taking the exam. This requirement can be waived for applicants who have obtained an undergraduate or graduate degree in the U.S. or another English-only speaking country (England, Australia, etc.). This requirement can also be waived if you have three (3) or more years of full-time work experience in the United States.

  1. TOEFL Code: B355
  2. IELTS: Please contact IELTS and have your score sent to our office (address listed below).
  3. PTE Academic is a computer-based academic English language proficiency test designed to measure reading, writing, listening and speaking skills, as they are used in an academic setting. Rutgers Business School requires a minimum score of 68 on PTE Academic.

5. Letters of recommendation

Letters of recommendation are not required for this program.

6. Submit your current resume

This can be done through the online application.

*You affirm that your job experience, including any and all positions held with current or previous employers, is true and accurate, understanding that any discrepancy or inaccuracy will allow the Admissions Committee to withdraw an offer of admission at any time prior to or after enrolling in the program.  The Admissions Committee may require additional documentation and proof regarding any aspects of a candidate’s resume at any time prior to or after enrolling in the program.

7. Essay

All applicants are required to write a personal essay which should cover the following topics:

  • Why are you interested in quantitative finance?
  • How is your background appropriate for quantitative finance?
  • Why did you choose the MQF program at Rutgers Business School?
  • What are your career objectives?
  • What have you done to prepare for our program?

8. International Applicants

Additional requirements apply to international applicants.

Our Mailing Address

Rutgers Business School — Newark and New Brunswick

Office of Graduate Admissions

1 Washington Park, Sixth Floor

Newark, New Jersey 07102