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 May 8, 2020, 92 of 94 (98%) MSCF students graduating in December 2019 have offers; 89 of 94 (95%) have accepted offers.

Company Position Accepted Location
Goldman Sachs (15) Analyst, Sales & Trading Hong Kong
Analyst, Risk Strats Jersey City
Analyst, Asset Management Strats (2) New York
Analyst, IBD Strats (2)
Analyst, Securities Strats (3)
Analyst, Strats (3)
MBD Strats
PWM Strats (2)
Bank of America Merrill Lynch (4) Analyst  New York
Analyst, Global Quantitative Analytics  Atlanta
Associate (2) New York
Chicago Trading (4) Analyst, Quantitative Trading Chicago
Citi (4) Analyst, Global Markets Hong Kong
Market Quantitative Analyst (3) New York
QuantZ Capital Management (4) Statistical Arbitrage Short-Term Internship New York
BNP Paribas (3) Associate New York
Associate, Global Markets (2)
Deutsche Bank (3) Analyst, Sales & Trading New York
Analyst, FICC Strats
Analyst, Strats
Barclays (2) Associate, Equity Derivatives Trader New York
Associate, High Yield Integrated Credit Trading
BlackRock (2) Analyst New York
Analyst, Systematic Fixed Income  San Franciso
China International Capital Corporation (CICC) - (2) IBD Analyst Hong Kong
Private Equity Investment  Analyst Beijing
IMC Financial Markets (2) Quantitative Researcher (2) Chicago
Millennium Advisors (2) Quantitative Research Associate Charlotte
Morgan Stanley (2) Associate  New York
Nomura (2) Analyst  Hong Kong
Associate, Trading/Structuring
RBC Capital Markets (2) Analyst New York
Core Quant Associate
Trexquant Investment (2) Data Scientist, Strategic Finance Stamford, CT
Alphadyne Analyst New York
Amazon Software Developer Engineer New York
ArrowStreet Capital Associate Boston
Axioma Associate, Implementation Specialist New York
BAM.Money Inc. Data and Tech Developer New York
BNY Mellon Quantitative Analyst New York
Cantor Fitzgerald Associate, Quantitative Analyst New York
Citadel Trader New York
Cutler Group Quantitative Trader San Franciso
DebtX Jr. Quantitative Analyst Boston
ExodusPoint Capital Quantitative Researcher New York
Fidelity Quantitative Analyst Boston
Five Rings Quantitative Trader New York
Flair (Start Up) Machine Learning Engineer San Franciso
Gladius Capital Quantitative Analyst New York
Guardian Life Quantitative Strategist New York
HAP Capital Quantitative Research Associate New York
Intercontinental Exchange Quant QA Atlanta 
J.P. Morgan Chase Analyst, Equity Derivatives Hong Kong
Mackenzie Investment Associate Investment Analyst Boston
Mercuria Energy Rotational Analyst  Houston
Millennium Partners Analyst, Equity Volatility New York
Nandu Technologies Quant Researcher  Shanghai
Neuberger Berman Quantitative Analyst New York
Optiver Quantitative Trader Chicago
PNC Associate New York
Squarepoint Capital Quantitative Researcher New York
Susquehanna International Group, LLP (SIG) Quantitative Trader Philadelphia
Virtu Financial Quantitative Trader Austin
VWH Capital Management Portfolio Analyst New York
Weiss Quantitative Analyst New York
Wells Fargo Data Scientist Charlotte
Wolverine Trading Quant Trader Chicago
Xcel Energy Quantitative Systems Consultant Denver

As of May 8, 2020, 82 of 94 (87%) MSCF Students have reported offers; 76 of 94 (81%) have accepted offers.

Company Location # of Interns
Acadian Boston 1
AQR Greenwich, CT 1
Balyasny Asset Management Chicago 1
BAML  Atlanta 1
Charlotte 4
New York 2
Hong Kong 1
Barclays New York 2
BNP Paribas New York 1
Briarwood Chase Management New York 1
Calamos Investments Chicago 1
Capital One New York 1
Chicago Trading Chicago 2
Citi Hong Kong 1
New York 4
Citadel Chicago 2
Hong Kong 1
Credit Suisse Hong Kong 1
New York 3
Cubist Systemic New York 1
Deutsche Bank New York 5
Dimensional Fund Advisors Austin 1
Federal Reserve Bank of New York New York 1
Federated Hermes New York 1
Freddie Mac McClean, VA 1
Guardian New York 1
Goldman Sachs New York 2
HSBC New York 1
IMC Financial Markets Chicago 1
J.P. Morgan Hong Kong 2
New York 1
Jefferies New York 1
Kemnay Advisory Services New York 1
KIMC Investment Management Arlington, VA 1
Microsoft Seattle 1
Morgan Stanley New York 9
Nationwide Columbus 1
Neuberger Berman Chicago 1
New York 1
PNC New York 1
Prudential  Newark 2
QED Alpha Capital Jersey City 1
Quantbot Technologies New York 1
SciFeCap Princeton 1
Susquehanna International Group Philadelphia 1
Tudor New York 1
VWH Capital New York 2
Wells Fargo Las Vegas 1

As of June 17, 2019, 93 of 93 (100%) MSCF Students have reported offers; 93 of 93 (100%) have accepted offers.

Company Location # of Interns
Acadian Boston 1
Alphadyne New York 1
AQR Greenwich, CT 1
Arch Capital Raleigh, NC 1
Argus Investment Management  New York 1
ArrowStreet Capital Boston 1
Bank of America Merrill Lynch Atlanta 1
Bank of America Merrill Lynch New York 3
Bank of America Merrill Lynch Hong Kong 1
Barclays New York 2
BFAM Partners Hong Kong 1
BlackRock New York 1
BlackRock San Francisco 1
BNP Paribas New York 3
BNY Mellon Pittsburgh 2
Cantor Fitzgerald New York 2
Chicago Trading Chicago 4
CICC Hong Kong 1
Citi New York 3
Citi Hong Kong 1
Continental Finance Newark, DE 1
Credit Suisse New York 2
Deutsche Bank New York 5
DoubleLine Group Los Angeles 1
Federal Home Loan Bank Pittsburgh 1
Fidelity Boston 1
Guardian Life New York 1
Goldman Sachs New York 12
Goldman Sachs Hong Kong 2
IMC Chicago 1
J.P. Morgan Chase Hong Kong 1
J.P. Morgan Chase New York 1
Kaust IMC Washington, DC 1
MetLife Morristown, NJ 1
Moody's San Francisco 2
Morgan Stanley New York 5
Nomura Hong Kong 2
PanAgora Boston 3
PNC New York 1
Prudential Newark 1
Quant Z New York 1
QuantPORT New York 1
RBC Capital Markets New York 2
Sixty Capital New York 1
Straterix New York 1
Susquehanna International Group Philadelphia 2
Transamerica Baltimore 1
Transmarket Group Chicago 1
Virtu Financial Austin, TX 1
VWH Capital Management New York 2
Weiss New York 1
Wells Fargo Charlotte 1
Wolverine Chicago 1

Yearly Employment Reports