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Online MSCF

The Master in Computational Finance degree program is now available online! Students can now take the full course of study without the residency requirement.

The High-tech Learning Experience

Introduced in 1994, Carnegie Mellon University's pioneering Master of Science in Computational Finance (MSCF) is considered by many today to be the top quantitative financial engineering program in the country. Online MSCF students take the same classes as our resident students but do so remotely. Our cutting-edge interactive video technology will allow you to:

  • Participate in class via live video from your laptop
  • Ask questions and be called upon by the professor
  • Watch the class live on your laptop, or watch the recorded video following the live lecture

Program Benefits and Academics

Online MSCF degree students receive the same diploma as our resident full-time and part-time students with the flexibility to study from home or work. Students complete a total of 25 courses over 12 mini-semesters to earn their degree. With the exception of the first mini-semester, two courses are required per mini. Check out the Online MSCF Course Sequence for class descriptions and curriculum details.

  • Our mini-semester system splits the typical semester system in half, creating four mini-semesters per academic year. Each mini-semester is 7.5 weeks long
  • Academic resources are made available through Carnegie Mellon’s online library and Blackboard software
  • Exams are conducted using an online proctoring service and/or local testing centers
  • Networking and collaboration is encouraged through social media

Admissions and Eligibility

Successful online Master in Computational Finance degree candidates must have a minimum of two years relevant work experience and be located more than 50 miles from our New York City and Pittsburgh campus locations (residents of Alabama, Arkansas and Minnesota are ineligible for enrollment in Carnegie Mellon programs delivered via distance education; online students living within a 50-mile radius must take certain classes and sit for exams on campus). There are also some necessary technical requirements for participation including access to high-speed internet, an approved laptop and webcam. Otherwise, admissions eligibility standards for our online students are the same as those for our resident full-time and part-time students. Tuition for the 2013 - 2014 academic year is $3,372 per course, plus an annual $370 technology fee.

Career Services

Students receive similar career services to those available to our resident, part-time students including:

  • Access to our online career education program
  • Counseling services conducted by videoconference or telephone

While many of our online students will wish to remain in their current location upon completion of the degree, students may travel to New York or Pittsburgh for on-campus job and internship interviews. Visit the MSCF Careers / Recruiting page or the Career Opportunities Center webpages to learn more.

Ranked #1 by QuantNet

Carnegie Mellon University's MSCF Ranked #1 National Financial Engineering Program

Faculty and alumni of the Master of Science in Computational Finance program describe an online learning alternative. (5:43)

Request Information

Complete our Request Information Form to receive our admissions brochure and information tailored especially for you and your interests.

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How To Apply

Our application for Fall 2013 is available online. If you have admissions questions, please contact

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