A winning combination of analytic rigor and practical business skills, the Finance MBA / MSCF "Dual" degree is specifically designed for individuals with strong quantitative backgrounds seeking leadership positions within the financial services industry.
As MSCF students, dual students are taught the traditional finance theories of equity and bond portfolio management, the stochastic calculus models on which derivative trading is based, the application of these models in both fixed income and equity markets, computational methods including Monte Carlo simulation and finite difference approximations of partial differential equations, and statistical methodologies including regression and time series. As MBA students, through a variety of MBA electives, the Dual draws upon the strength of Tepper’s Nobel prize-winning finance and economics departments and is further broadened by a host of MBA marketing, strategy, communications and operations courses. For a career in finance, the dual truly is the best of both worlds.
Offered by the Masters of Science in Computational Finance program in conjunction with the Masters of Business Administration from the Tepper School of Business, the Dual degree is unique. No other school can offer you both the broad, analytical skills gained in a top-ranked MBA program along with the comprehensive, quantitative finance course of study found in CMU’s MSCF program. All this in only five semesters of coursework!
The Dual is a full-time program, jointly administered between the MSCF program and the Tepper School of Business. Offered on our Pittsburgh campus, the dual is twenty-four months in duration. Matriculating in August, the dual student completes a fall and spring semester, a summer internship (strongly encouraged but not required), and returns in the fall, graduating in August of the second year.
Completion of the Finance MBA / MSCF dual degree requires a combined 42 courses from the MBA and MSCF programs (see “Course of Study”).
Students must be in residence for five consecutive semesters (excluding the summer internship).
Applicants are required to submit both the online MBA and online MSCF applications separately, including completing each application's required essays. Three letters of recommendation are required which, along with transcripts and test scores, can be shared between the applications. Applicants are only required to pay one application fee.
Due to the sequential nature of the dual program structure, students must apply to both programs simultaneously prior to matriculating. Current MBA or MSCF students cannot apply to become a dual student.
Tuition: Students pay three semesters of MBA tuition at the rate for full-time MBA students and two semesters of MSCF tuition at the rate for full-time MSCF students.
Financial Aid: Merit scholarships and loans are available to eligible students.
The Career Opportunities Center at the Tepper School of Business works directly with students to assist them in developing career plans, seeking summer internships and conducting searches for permanent employment opportunities.