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 November 9, 2018, 63 of 94 (67%) MSCF students graduating in December 2018 have offers; 49 of 94 (52%) 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 (4)
 
Associate New York
Associate, Fixed Income Strats New York
Associate, Global Capital Market Strats New York
Associate, Quantitative Strategies New York
Bank of America Merrill Lynch (3)
 
Associate New York
Associate, Global Research New York
Associate, Quantitative Strategies New York
Credit Suisse (3) Analyst, APAC Markets Hong Kong
Analyst, Equity Derivatives Quantitative  Strategies Hong Kong
Analyst, Quantitative Research New York
Barclays (2) Associate New York
Quantitative Trader New York
Chicago Trading (2) Analyst, Quantitative Trading Chicago
Associate, Quant Research Chicago
J.P. Morgan (2) Automated Trading Strategist New York
Beta Strategy Asset Management Modeling Analyst New York
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
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
Cantor Fitzgerald Associate, Quant Research New York
DRW Analyst, Quantitative Trading Chicago
HSBC Analyst, Global Markets New York
IMC Financial Markets Quant Researcher Chicago
ITG Analyst, Algorithmic Trading  New York
Lazard Analyst, Investment Banking New York
Nomura Analyst, Global Markets Structured Trading Hong Kong
Tanuis Tech Proprietary Trader San Francisco

As of November 9, 2018, 32 of 96 (33%) MSCF students have reported offers for Summer 2019 internships; 13 of 96 (14%) have accepted offers.

Company Location # of Interns
Bank of America Merrill Lynch New York 2
Barclays New York 2
Deutsche Bank New York 1
Goldman Sachs New York 1
J.P. Morgan Chase Hong Kong 1
Morgan Stanley New York 3
PanAgora Boston 1
RBC Capital Markets New York 1
Virtu Financial Austin, TX 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%