Carnegie Mellon University

MSCF Employment Statistics

We maintain a robust database of companies whose offers were accepted by our students, the positions our students have taken and the location of these positions. The data for employment and internships is published in a yearly employment report

There is no common standard for reporting placement information among professional financial engineering master’s programs and the reports of such programs are not audited. MSCF follows the conservative standards set by the MBA Career Services & Employer Alliance for Specialty Masters programs wherein promised or expected bonuses may not be included in starting salaries and strict rules dictate when jobs must be obtained in order to be included in the placement percentage.

As of January 4, 2019 83 of 94 (88%) MSCF students graduating in December 2018 have offers; 73 of 94 (78%) have accepted offers.

Company Position Accepted Location
Goldman Sachs (8) Analyst (3) New York
Analyst, Model Risk New York
Analyst, One Delta Equity Trading Hong Kong
Analyst, Technology  New York
Equity Desk Strats New York
Strats Analyst - IBD New York
Citi (6) Analyst, Quantitative Analysis (6) New York
Morgan Stanley (5) Associate New York
Associate, Fixed Income Strats New York
Associate, Global Capital Market Strats New York
Associate, Quantitative Strategies New York
Associate, Quantitative Strategies Hong Kong
Credit Suisse (4) Analyst Sao Paulo, Brazil
Analyst, APAC Markets Hong Kong
Analyst, Equity Derivatives Quantitative  Strategies Hong Kong
Analyst, Quantitative Research New York
J.P. Morgan (4) Associate, Quantitative Strategies New York
Automated Trading Strategist New York
Beta Strategy Asset Management Modeling Analyst New York
Data Scientist New York
  Associate New York
Bank of America Merrill Lynch (3) Associate, Global Research New York
  Associate, Quantitative Strategies New York
Deutsche Bank (3) Analyst New York
Quant New York
Quant Analyst, Sales & Trading  New York
PriceWaterhouseCoopers (3) Associate New York
Barclays (2) Associate New York
Quantitative Trader New York
Chicago Trading (2) Analyst, Quantitative Trading Chicago
Associate, Quant Research Chicago
Millennium Advisors (2) Bond Trader Charlotte, NC
Fixed Income Trading Associate Charlotte, NC
Prudential Financial (2) Data Scientist Newark, NJ
Financial Modeling Newark, NJ
Societe Generale (2) Analyst New York
Analyst, Global Markets New York
Squarepoint Capital (2) Jr. Quantitative Researcher New York
Quantitative Researcher New York
Aflac Associate New York
Allstate Data Scientist Menlo Park, CA
AQR Associate Greenwich, CT
BlackRock Analyst New York
BMO Capital Markets Associate New York
BNP Paribas Associate New York
BNY Mellon Analyst, Risk & Quantitative Analysis Pittsburgh, PA
Cantor Fitzgerald Associate, Quant Research New York
Castleton Commodities Rotational Analyst Stamford, CT
Citadel Quantitative Trading Analyst Hong Kong
DRW Analyst, Quantitative Trading Chicago
HSBC Analyst, Global Markets New York
IMC Financial Markets Quant Researcher Chicago
Invesco Quantitative Analyst - Solutions Research New York
ITG Analyst, Algorithmic Trading  New York
KPMG Associate, Risk Analytics New York
Lazard Analyst, Investment Banking New York
Millennium Management Quantitative Researcher New York
MIO Partners, Inc. Quantitative Research Analyst New York
Mizuho Securities USA Quantitative Research Analyst New York
Nomura Analyst, Global Markets Structured Trading Hong Kong
quantPORT Quant Researcher New York
Tanius Tech Proprietary Trader San Francisco
Tudor Quantitative Analyst, Research and Trading New York
Verition Fund Management Quantitative Analyst New York

As of January 4, 2019, 72 of 97 (74%) MSCF Students have reported offers; 63 of 97  (65%) have accepted offers.

Company Location # of Interns
Acadian Boston 1
AQR Greenwich, CT 1
Argus Investment Management  New York 1
ArrowStreet Capital Boston 1
Bank of America Merrill Lynch New York 2
Bank of America Merrill Lynch Hong Kong 1
Barclays New York 2
BFAM Partners Hong Kong 1
BlackRock New York 1
BNP Paribas New York 3
Cantor Fitzgerald New York 1
Chicago Trading Chicago 4
Citi New York 3
Citi Hong Kong 1
Credit Suisse New York 2
Deutsche Bank New York 5
Fidelity Boston 1
Goldman Sachs New York 11
IMC Chicago 1
J.P. Morgan Chase Hong Kong 1
Kaust IMC Washington, DC 1
Morgan Stanley New York 4
Morgan Stanley Hong Kong 1
Nomura Hong Kong 2
PanAgora Boston 2
PNC New York 1
RBC Capital Markets New York 1
Susquehanna International Group Philadelphia 2
Transmarket Group Chicago 1
Virtu Financial Austin, TX 1
VWH Capital Management New York 2
Wolverine Chicago 1

As of June 15, 2018, 94 of 94 (100%) MSCF students have reported offers for Summer 2018 internships; 94 of 94 (100%) have accepted offers.

Company Location # of Interns
Academy Investment New York 1
Acadian  Boston 2
Allstate Menlo Park, CA 1
AQR Greenwich 2
Athena Capital  Hong Kong 2
Banco Santander Boston 1
Bank of America Merrill Lynch New York 3
Barclays New York 4
BlackRock New York 2
BMO Capital Markets New York 1
BNP Paribas Hong Kong 1
BNP Paribas New York 1
BNY Mellon Pittsburgh 1
Cantor Fitzgerald New York 2
Capital One McLean, VA 1
Castleton Commodities Stamford 1
Chicago Trading Chicago 1
Citi New York 5
CME Group New York 1
Credit Suisse Hong Kong 2
Credit Suisse New York 2
Eldridge Industries New York 1
Freepoint Commodities Stamford, CT 1
Goldman Sachs Hong Kong 2
Goldman Sachs New York 11
HSBC Hong Kong 1
IC Asset Management Shanghai 1
ITG New York 1
J.P. Morgan New York 4
Kaust IMC Arlington, VA 2
KPMG New York 2
Laurion Capital Management New York 1
Lazard New York 1
LedgerPrime  New York 1
Loomis Sayles Boston 1
Moody's San Francisco 1
Morgan Stanley Hong Kong 1
Morgan Stanley New York 6
MSCI New York 1
Nomura Hong Kong 2
PanAgora Boston 1
PNC Pittsburgh 1
Principal Financial Group Des Moines 1
Prudential Financial Newark 1
Pugilist Pittsburgh 1
QMS Capital Management Durham 1
Quantedge Singapore 1
Radian Group New York 1
RationalAi New York 1
Research Affiliates Newport Beach 1
Societe Generale New York 3
Squarepoint Capital New York 1
Transamerica Baltimore 1
Transamerica Exton, PA 1

Three Year Averages

INTERNSHIPS:

Summer Employment: 98%

FULL-TIME OFFERS:

Offers by graduation: 79%
Offers by 3 mos. after graduation: 91%
Offers by 6 mos. after graduation: 95%

FULL-TIME ACCEPTS:

Accepts by graduation: 65%
Accepts by 3 mos. after graduation: 84%
Accepts by 6 mos. after graduation: 94%