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 11, 2023, 92 of 92 (100%) MSCF students graduating in December 2022 have offers; 91 of 92 (99%) have accepted offers.

Employer  Job Title  Location
J.P. Morgan Chase (12) Analyst, Market Risk New York
Associate, AI & Data Science
Associate, Quantitative Analytics (4)
Associate, Quantitative Analytics Research Group
Associate, Quantitative Research (3)
Associate, Quantitative Research - Market Risk - Credit /SPG (2)
Citi (5) Analyst, Quantitative Analysis (2) New York
Analyst, Quatntitative Risk
Analyst, NAM Quantitative Analysis 
Lead Analyst, Portfolio Management
BNP Paribas (4) Associate (4) New York
Goldman Sachs (4) Engineering Analyst (3) New York
Quantitative Strats
Millennium Advisors (3) Quantitative Analyst (2) Charlotte, NC
Morgan Stanley (3) Associate New York
Quantitative Strategist
Research Sector Strats
Squarepoint Capital (3) Quantitative Researcher Singapore
Quantitative Researcher (2) New York 
UBS (3) Analyst, Quantitative Trading New York
Equity Derivatives Trader
Quantitative Trader
Bank of America (2) Associate New York
Chicago Trading (2) Analyst, Quantitative Trading (2) Chicago
DRW (2) Quantitative Researcher Chicago
ExodusPoint Capital (2) Quantitative Researcher New York
Technology Developer
Fidelity (2) Quantitative Portfolio Associate Boston 
Quantitative Researcher 
Marathon Trading (2) Quantitative Researcher Philadelphia
Northern Trace Capital (2) Quantitative Researcher Columbus
Quantitative Analyst 
Advocate Capital Management Portfolio Data Analyst New York
AQR Arbitrage Convertible Arbitrage Analyst Greenwich
Barclays FX Algo Electronic Trading Quant New York
BlackRock Analyst New York
Blackstone Analyst, Hedge Fund Solution New York
Bloomberg Model & Integration Testing Engineer New York
Blue Elephant Capital  Financial Analyst Irvington, NY
BNY Mellon Associate Trader Boston
British Petroleum Quantitative Strategist New York
Capital One Sr. Data Scientist McLean, VA
Carnegie Mellon University Graduate Research Assistant Pittsburgh
Castleton Commodities  Commodities Research Associate Stamford, CT
Centiva Quantitative Analyst, Mortgage-Backed Securities Team Los Angeles
China Merchants Group Derivative Trader, Prop Trading Division Hong Kong
Credit Suisse Program Trading Analyst Hong Kong
Deutsche Bank Quantitative Strategist Associate New York
Elequin Capital  Jr. Portfolio Manager New York
Ergotoles Capital  Quantitative Analyst  New York
Ernst & Young Quantitative Finance and Economics Staff Member Charlotte
Flow Traders Trader New York
Fortitude Re Sr. Associate, Investments Jersey City
Freddie Mac Quantitative Analytics Professional McLean, VA
Global Atlantic Program Analyst ll New York
Headlands Technologies Research Developer Chicago
Huatai Financial Holdings Equity Derivatives Analyst  Hong Kong
Kaust IMC Quantitative Analyst  Washington, DC
Kohlberg Kravis Robert (KKR) Portfolio Construction and Risk New York
MerQube Financial Engineer New York
MIO Partners  Quantitative Researcher New York
Nomura Graduate Intern Analyst Singapore
Old Mission Capital  Junior Quantitative Trader Chicago
PGIM Associate, Chief Investment Office Newark
SciFeCap Research Associate (STI) Princeton, NJ
SMBC Capital Markets Quantitative Strategist  New York
Sunrise Futures Sr. Associate, Quantitative Research Chicago
Susquehanna International Group Quantitative Trader Dublin
Tanius Tech Algo Trader Alamo, CA
TD Securities  Quantitative Associate, Global Markets New York
VWH Capital Management Quantitative Analyst  New York
Zillow Applied Scientist New York

As of May 11, 2023, 95 of 95 (100%) MSCF students seeking Summer 2023 Internships have offers; 93 of 95 (98%) have accepted offers.

Employer  Location # of Interns
BNP Paribas  New York 6
Goldman Sachs  New York 6
Chicago Trading  Chicago 5
Deutsche Bank New York 5
Morgan Stanley (5) Hong Kong 1
New York 4
Bank of America (4) Charlotte 1
New York 3
Citadel  New York 4
Citi New York 4
SciFeCap New York 4
Balyasny Asset Management (3) Hong Kong 1
New York 2
Barclays New York 3
Invesco  New York 3
J.P. Morgan Chase New York 3
Millennium Management  New York 3
AQR Arbitrage  Greenwich 2
DRW  Chicago 2
Tanius Tech Alamos, CA 2
UBS  New York 2
Acadian Boston 1
AGAM Capital Teaneck, NJ 1
Boyd Watterson Cleveland 1
Charles Schwab  Lone Tree, CO 1
China International Capital Corporation Beijing 1
Credit Suisse New York 1
Cubist Systematic Strategies New York 1
Fidelity Boston 1
Fortitude Re New York 1
Freddie Mac McLean, VA 1
Geneva Trading Chicago 1
IMC Trading Chicago 1
New York Mortgage and Trust New York 1
Nipun Capital Foster City, CA 1
One William Street Capital Management New York 1
Quantedge Capital Singapore 1
Soros Fund Management New York 1
Squarepoint Capital New York 1
State Street  Boston 1
Stifel Investment Bank New York 1
Sumridge Partners Jersey City 1
TD Securities New York 1
Transmarket Group Chicago 1
Two Sigma New York 1
Valkyrie Trading  Chicago 1
Viking Global New York 1
Wolfe Research New York 1

Yearly Employment Reports