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Home Blogs Rutgers Business School MFin Review – Courses, Admissions & Career Prospects

Rutgers Business School MFin Review – Courses, Admissions & Career Prospects

Dhruvin Jain

Dhruvin Jain

Jun 20, 2025

19 mins read

Rutgers Business School MFin Review

Key Takeaways 

Key Highlights of the Rutgers Business School MFin Program

Before we dive into the full blog, here are the most important things to know about the Rutgers Master of Finance (MFin) program:

  • Program Length: You can finish it in 12 to 18 months
  • Location: Classes are in Newark and New Brunswick, New Jersey
  • Format: Full-time, in-person learning
  • STEM Program: Yes! This helps international students stay in the U.S. longer (up to 3 years) after graduation through OPT
  • Class Size: About 60 to 80 students
  • Tuition Fees: About $48,000 for out-of-state and $39,000 for in-state students
  • (Search terms likewhat is the tuition for rutgers” or “rutgers 2025 tuitionto check latest updates)
  • Employment Rate: Over 85% of students get jobs within 6 months
  • Average Salary: Between $80,000 and $95,000
  • Top Job Areas: Investment banking, corporate finance, fintech, consulting, and asset management
  • Admissions: Multiple deadlines and a rolling admissions system

This program is perfect for recent graduates or people with little work experience who want to grow fast in finance.

Introduction

What Is the Rutgers Business School MFin Program?

The Rutgers Master of Finance (MFin) program is a full-time course that helps students build strong skills in finance, numbers, and technology. It takes place at Rutgers Business School, which has campuses in Newark and New Brunswick, New Jersey.

This program is STEM-designated, which means if you're an international student, you can work in the U.S. for up to 3 years after you graduate.

You can finish the degree in 12 to 18 months, depending on your schedule. The classes are designed to prepare you for jobs in investment banking, fintech, risk management, and more.

Why Choose Rutgers MFin for a Finance Degree?

Students choose the Rutgers MFin program for many good reasons:

STEM Program = More Time to Work in the U.S.

This program is STEM-designated, which means international students can stay and work in the U.S. for up to 36 months after they graduate. That’s great for getting real job experience!

Close to Wall Street

Rutgers Business School is in Newark, New Jersey. That’s just a short train ride to New York City, where many of the world’s biggest finance companies are. You can go to job fairs, networking events, and even get internships nearby.

Build Your Own Study Plan

You get to pick your own classes depending on what kind of job you want. The school offers finance electives Rutgers students love—like classes in:

  • Investment Management
  • Corporate Finance
  • Financial Analytics

This helps you focus on the area you enjoy most.

Great Job Outcomes

More than 85% of students get jobs within 6 months of graduation. Most earn $80,000 to $95,000 a year.

Big Alumni Network

Rutger has a large number of graduates working in finance. These alumni can help you with job tips, referrals, and mentorship.

Learn Modern Tools

Students get access to cool tools like Bloomberg terminals, Python, and other data programs. These are also used in Rutgers financial engineering and make you job-ready in today's tech-driven world.

Rutgers’ Reputation in Finance, Fintech, and Investment Banking

Rutgers Business School is known across the U.S. for having one of the top finance programs. It's especially strong in:

  • Fintech (finance + technology)
  • Quantitative finance (finance + math)
  • Investment banking (helping companies raise money)

Students often compare Rutgers with other famous schools. Some people search for “duke u rank” or visit sites like “essec mim reddit” to check what real students say about programs. But Rutgers holds its own with great rankings!

Here’s how Rutgers ranks for finance:

Ranking GroupRutgers' Rank
U.S. News & World Report (Best Finance Programs)Top 40
QS World University Rankings (Finance)Top 50
Financial Times (U.S. Finance Programs)Top 25

These rankings show that Rutger is respected for helping students succeed in top financial jobs.

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Rutgers MFin Class Profile, Admissions & Acceptance Rate

Who Joins the Rutgers MFin Program?

Each year, about 60 to 80 students join the Rutgers MFin program. These students come from many different study backgrounds, like:

  • Finance, Economics, Accounting
  • Engineering or Computer Science
  • Math and Statistics
  • Business or Management

This mix makes class discussions fun and full of new ideas.

What Are the Average Scores?

To get into Rutgers MFin, you should show strong skills in math and numbers. Here’s what most admitted students look like:

Admission ItemAverage Score
GMAT650 – 710
GRE Quant Section160+
GPA (College Grade)3.4+
Work Experience0 – 3 years

You don’t need work experience, but having an internship or a finance-related job helps your chances.

What About International Students?

About 40 to 50% of the students are from countries outside the U.S. Many international students choose this program because it’s STEM-designated, which allows them to work in the U.S. for up to 3 years after graduation.

Rutgers MFin Acceptance Rate & Admissions

How Hard Is It to Get In?

The Rutgers MFin program is competitive, but not impossible to get into. The acceptance rate is about 30% to 40%, which means they choose the best students from all the applications.

To get accepted, the admissions team looks at:

  • Grades – Especially in math, business, and finance classes
  • Test Scores – Like GMAT or GRE (they look at your math skills the most)
  • Work or Internship Experience – It’s not required, but it helps
  • Essays – They want to know your career goals and why Rutgers is a good fit

When Should You Apply?

Rutgers uses a rolling admissions system. That means they look at applications as they come in. If you apply early, you have a better chance to get accepted and maybe win a scholarship.

Here are the deadlines:

RoundDeadlineBest For
1Early OctoberAll students, scholarship seekers
2Mid-DecemberInternational students (for visa)
3Early MarchU.S. and international applicants
4Late MayFinal chance to apply

If you're an international student, it's best to apply by Round 2 or 3 to have enough time for visa paperwork.

Rutgers MFin Program and Curriculum

The Rutgers MFin program teaches you all the finance skills you'll need for top jobs. It mixes classroom learning with hands-on practice, so you’re ready for the real world.

Core Courses You’ll Take

These are the main classes that everyone has to take:

  • Financial Statement Analysis
  • Corporate Finance
  • Investment Analysis & Portfolio Management
  • Derivatives & Risk Management
  • Financial Modeling & Valuation
  • Data Analytics for Finance

These courses help you understand how money works, how to make smart investment choices, and how to use data in finance.

Pick a Specialization

After the main classes, you can choose special tracks to match your career goals. These are the most popular ones:

  • Investment Management – Learn about hedge funds, stocks, and pricing assets
  • Corporate Finance – Focus on business budgeting, M&A deals, and money strategies
  • Financial Analytics & Fintech – Dive into coding, machine learning, and blockchain

There are lots of finance electives Rutgers offers that let you choose what interests you the most.

Experiential Learning & Finance Clubs

The Rutgers MFin program doesn’t just give you classroom lessons — it also gives you real-world experience. You'll get to practice finance, join clubs, and work on projects that prepare you for real jobs.

Hands-On Learning

Here are some ways you’ll get practical experience:

  • Bloomberg Terminals & Databases – These are tools used by real traders and bankers. You'll learn how to read markets and analyze stocks.
  • Case Competitions – These are finance contests where you work in teams to solve business problems, just like real investment bankers.
  • Industry Projects – You’ll get to help companies solve real problems and present your findings.

Join Student Finance Clubs

Rutgers has fun and useful clubs for finance students. These clubs let you meet friends, learn from pros, and even find job leads.

Here are a few clubs you can join:

  • Rutgers Quantitative Finance Club (RQFC) – Focuses on math-heavy finance like risk and trading algorithms
  • Investment Banking & Asset Management Club – Helps you prep for careers on Wall Street or in investment firms
  • Rutgers Fintech Club – Learn how new tech like AI and blockchain are changing finance

These clubs are a great way to grow your network and gain extra experience outside the classroom.

Rutgers MFin Fees, Scholarships & Financial Aid

The total cost of the Rutgers MFin program includes tuition, fees, books, and living expenses. Since the program is in Newark and New Brunswick, New Jersey, the cost of living is lower than in places like New York City, but you still need to plan your budget.

Here’s a breakdown of the estimated cost:

ExpenseIn-State StudentsOut-of-State & International Students
Tuition$39,000$48,000
Fees$1,500$1,500
Books & Supplies$1,200$1,200
Living Expenses (housing, food, etc.)$18,000$18,000
Health Insurance$3,000$3,000
Total Estimated Cost$62,700$71,700

If you're researching online, you may see people asking, “What is the tuition for Rutgers?” or “How much is Rutgers 2025 tuition?” These numbers above give you a good estimate, but always check the official site for updates.

For students who live in New Jersey, the Rutgers Newark in-state tuition is lower than for out-of-state students. If you’re comparing campus costs, also look up Rutgers New Brunswick tuition to decide which location works best for your budget.

Scholarships and Financial Help

Rutgers offers several options to help you manage the cost:

  • Merit-Based Scholarships – Given to top students with strong grades and test scores
  • Graduate Assistantships – These jobs let you work part-time at the school in exchange for tuition discounts and a stipend
  • External Scholarships – You can also apply for funding from groups like the CFA Institute or finance-related associations
  • Loans – U.S. students can apply for federal loans; international students can look for private loans, sometimes with a co-signer

Applying early gives you a better chance of getting scholarships or assistantships. Many students find ways to lower their MFin tuition by planning ahead.

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Rutgers MFin Employment & Placement

Graduates of the Rutgers MFin program do well in the job market. They get jobs in top industries like investment banking, corporate finance, fintech, consulting, and asset management.

Job Results After Graduation

Here are the job numbers:

Employment MetricStatistic
Employment Rate (within 6 months)85% or higher
Average Base Salary$80,000 – $95,000
Median Signing Bonus$5,000 – $12,000
Top Hiring IndustriesInvestment Banking, Corporate Finance, Fintech, Asset Management, Consulting

Most students get full-time jobs soon after graduation, and many even get offers before finishing the program.

Where Rutgers MFin Graduates Get Hired

Many top companies hire Rutgers graduates, including banks, Fortune 500 companies, and fast-growing startups.

Some top recruiters are:

  • Investment Banks: JPMorgan Chase, Goldman Sachs, Morgan Stanley, Citi
  • Large Companies: Amazon, Verizon, Johnson & Johnson, Prudential
  • Consulting Firms: Deloitte, PwC, EY, KPMG
  • Fintech and Asset Management: BlackRock, Vanguard, Bloomberg, Capital One

Students are hired for roles like:

  • Financial Analyst
  • Investment Analyst
  • Risk Analyst
  • Corporate Finance Associate
  • Portfolio Manager

The Rutgers Career Management Office helps students with career coaching, resume building, and connecting with companies through job fairs and networking events.

Top Sectors Hiring Rutgers MFin Graduates

Students who finish the Rutgers MFin program find jobs in many areas of the finance world. Because the program focuses on both math and real-world skills, graduates are ready to work in fast-growing industries.

Here are some of the most common sectors and job titles:

SectorCommon Job Roles
Investment BankingM&A Analyst, Investment Banking Analyst, Equity Research Associate
Corporate FinanceFinancial Analyst, Treasury Analyst, FP&A Associate
Asset & Wealth ManagementPortfolio Analyst, Hedge Fund Analyst, Wealth Management Associate
Fintech & Data AnalyticsFinancial Data Analyst, Risk Modeling Analyst, Blockchain Analyst
ConsultingRisk Advisory Analyst, Financial Consultant, Strategy Analyst

These jobs let students work with money, solve business problems, or help big companies make better financial decisions. The strong training from Rutgers helps students feel confident in interviews and on the job.

Rutgers MFin Alumni Network

The Rutgers Business School alumni network plays a key role in helping students build connections, secure job placements, and advance their careers. With over 40,000+ finance alumni worldwide, Rutgers has a strong presence in global finance markets.

Notable Alumni and Career Success Stories

  • Many Rutgers MFin alumni work at leading financial institutions, private equity firms, and Fortune 500 companies.
  • The Rutgers Wall Street Initiative connects students with alumni in New York’s financial district, offering mentorship and networking opportunities.
  • Alumni hold leadership positions in major financial firms, making them valuable mentors for recent graduates.

Rutgers’ Extensive Finance Alumni Network and Mentorship Programs

  • Rutgers Finance Alumni Association – Helps students connect with finance professionals for mentorship.
  • Networking Events & Industry Panels – Regular finance conferences and career fairs.
  • Alumni Job Referral Program – Alumni frequently refer Rutgers graduates to high-profile finance job openings.

The Rutgers MFin alumni network is an invaluable resource for students looking to establish strong industry connections and accelerate their careers.

Rutgers MFin Application Process

Admission to the Rutgers Business School MFin program is competitive and requires applicants to submit essays, recommendation letters, and attend an interview. The selection process evaluates candidates based on academic performance, leadership skills, and career potential.

Application Essays

Applicants must submit one or more essays to demonstrate their motivation and suitability for the Rutgers MFin program. Common essay prompts include:

  • Why do you want to pursue an MFin at Rutgers Business School?
  • How will the Rutgers MFin program help you achieve your career goals?
  • Describe a challenge you faced in a professional or academic setting and how you overcame it.

Essay Writing Tips:

  • Clearly outline your short-term and long-term career goals and how Rutgers aligns with them.
  • Showcase analytical thinking, leadership, and problem-solving skills through real examples.
  • Demonstrate a strong understanding of finance and interest in financial markets.

Letters of Recommendation

Applicants are required to submit at least one letter of recommendation, preferably from:

  • A professor who can assess academic strengths, particularly in quantitative subjects.
  • An employer or supervisor who can highlight leadership abilities and work ethic.

strong letter of recommendation should emphasize:

  • Quantitative and analytical skills relevant to finance.
  • Work ethic, leadership qualities, and ability to work in teams.
  • Problem-solving skills and financial expertise.

Interview Process

Shortlisted candidates are invited for an admissions interview, which focuses on:

1. Career Goals & Program Fit

  • Why do you want to pursue an MS in Finance at Rutgers University?
  • What makes Rutgers MFin unique compared to other programs?

2. Technical Finance Questions

  • Explain the concept of discounted cash flow (DCF) valuation.
  • What is the relationship between interest rates and bond prices?
  • How would you evaluate a company’s financial statements?

3. Behavioral Questions

  • Describe a time you worked on a team project and faced challenges.
  • Give an example of a time you demonstrated leadership.
  • How do you handle pressure and tight deadlines?

Interview Preparation Tips:

  • Practice mock interviews focused on finance concepts and behavioral questions.
  • Research Rutgers MFin curriculum, faculty, and career opportunities.
  • Be clear about how the STEM designation and Rutgers alumni network will benefit your career.
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Why Rutgers MFin is Unique

There are many Master of Finance programs out there, but the Rutgers MFin program stands out for a few big reasons. It gives you great learning, real job chances, and a location that puts you right near some of the biggest finance companies in the world.

STEM Designation and Work Visa Benefits

One of the most important benefits of the Rutgers MFin program is that it’s STEM-designated. This matters a lot for international students.

Here’s why:

  • Most U.S. master’s students can only stay and work for 1 year after graduation.
  • But STEM students can apply for a work permit called OPT (Optional Practical Training) for up to 3 years (36 months).
  • This gives you more time to find a job, gain experience, and grow your career in the U.S.

Also, companies like hiring STEM graduates because they usually have strong math, coding, and data skills—things that are very important in finance today.

Close to New York City — A Huge Advantage

Rutgers Business School is located in Newark, New Jersey—just a quick train ride away from New York City. This is a big deal if you want to work in finance, because NYC is home to:

  • Wall Street
  • Investment banks
  • Hedge funds
  • Big consulting and tech firms

Being so close means you can attend:

  • Career fairs
  • Alumni meetups
  • Networking events
  • Company info sessions

You’ll meet real professionals, ask questions, and maybe even land a job or internship.

Faculty with Real Industry Experience

Many of the professors at Rutgers have worked in:

  • Investment banking
  • Risk management
  • Fintech and analytics

This means they don’t just teach from books—they also share real-life stories, trends, and tools from their own careers.

Students also get to:

  • Work on real business problems
  • Join research projects
  • Do financial consulting for actual companies

If you’re someone who wants more than just theory and books, Rutgers gives you a mix of classroom learning and practical experience—a big reason why it’s different from other programs.

Useful Resources & Next Steps

For prospective applicants, the following resources provide additional insights and support:

Official Rutgers Business School MFin Program Link

For the latest updates on curriculum, admissions, and career opportunities, visit the official program page.

Student Forums and Application Tips

  • Reddit & GMAT Club – Discussions on admissions, GMAT scores, and application strategies.
  • LinkedIn & Rutgers Alumni Network – Connect with former Rutgers MFin students for career insights and networking.

Career Insights and Finance Industry Trends

  • Financial Times & Bloomberg – Stay updated on finance job trends and industry developments.
  • CFA Institute & FRM Certification – Consider pursuing a CFA or FRM designation alongside the MFin for added career value.

Final Thoughts

The Rutgers Business School MFin program is an excellent choice for students looking to build a strong foundation in finance and analytics. With a STEM designation, strong job placement, and connections to top financial firms, the Rutgers MFin program provides high ROI and excellent career opportunities.

FAQs
What is the acceptance rate for Rutgers MFin?
The acceptance rate is estimated to be between 30-40%, making it a competitive program.
Is the Rutgers Business School MFin program STEM-designated?
Yes, the Rutgers MFin program is STEM-designated, allowing international students to apply for a 36-month OPT extension.
What are the GMAT/GRE requirements?
The GMAT/GRE is recommended but can be waived for strong applicants. The average GMAT score is 650-710, while the average GRE Quantitative score is 160+.
What is the tuition cost and financial aid availability?
The estimated total cost is: $62,700 for in-state students $71,700 for out-of-state and international students What career opportunities are available after completing the MFin? Graduates work in investment banking, corporate finance, fintech, consulting, and asset management, with an average salary of $80,000-$95,000.
What makes Rutgers MFin unique compared to other programs?
The STEM designation, strong industry connections, world-class faculty, and hands-on financial training set Rutgers apart from other MFin programs.
What are the top hiring industries for graduates?
The top industries hiring Rutgers MFin graduates include: Investment Banking Corporate Finance Consulting Fintech Asset Management
Does Rutgers MFin offer internship opportunities?
While the program is 12-18 months long and does not include a built-in internship, students gain hands-on experience through case studies, financial modeling projects, and networking with top recruiters.
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Dhruvin Jain
Dhruvin Jain

Articles: 20

Dhruvin Jain is the co-founder of MastersBuddy, a tech-first platform that has helped over 2500 students find and apply to top master’s programs globally. He is a master’s graduate from IE Business School, and is passionate about education, technology, and entrepreneurship.

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