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 February 11 2021, 62 of 81 (77%) MSCF students graduating in December 2020 have offers; 57 of 81 (70%) have accepted offers.

Company Position Accepted Location
Bank of America (5) Analyst, Global Quantitative Analytics (2) Charlotte
Research Associate (2) New York
Risk Officer
Morgan Stanley (5) Analyst New York
Analyst, Risk
Associate (2)
Associate, Fixed Income Strats
Citi (3) Quantitative Analyst New York
Deutsche Bank (3) Analyst New York
Analyst, Desk Quant Strategist/Fixed Income Trading
Analyst, Strategic Analytics
ArrowStreet Capital (2) Associate, Investment Portfolio Analytics  Boston
Quantitative Researcher 
Chicago Trading (2) Quantitative Trading Analyst  Chicago
Citadel (2) Trader Chicago
New York
Goldman Sachs (2) Associate New York
Analyst, Securities Division
IMC Trading (2) Quantitative Researcher  Chicago
J.P. Morgan Chase (2) Associate, Quantitative Research New York
Markets Analyst Hong Kong
Millennium Advisors (2) Quantitative Analyst Charlotte
Trading Associate
PNC (2) ALM Associate, Portfolio Management New York
Portfolio Analytics and Strategy Specialist Pittsburgh
VWH Capital Management (2) Financial Engineer New York
Senior Analyst
Barclays  AVP Markets New York
BNP Paribas  Associate, Global Markets New York
Capital One Senior Data Scientist New York
Credit Suisse  Analyst, Structuring Hong Kong
Cubist Systematic Quantitative Researcher  New York
Dimensional Fund Advisors Research Analyst Austin
DRW  Quantitative Trading Analyst  Chicago
Eclipse Options Limited Trainee Trader Hong Kong
Ernst & Young (EY) Decision Modeling and Economics New York
Fidelity Quantitative Analyst Boston
HSBC Research Analyst New York
Invesco Quantitative Analyst Boston 
Mercuria Energy Graduate Rotation Program Houston
Microsoft Program Manager, Data Science Seattle
Moody's Assistant Director, Research New York
PricewaterhouseCoopers (PwC) Financial Engineer New York
Prudential  Data Scientist Newark
Qontigo Client Support Associate New York
S&P Global  Senior Analyst, Strategy Indices New York
Siam Commercial Bank Data Scientist Thailand
Susquehanna International Group, LLP  Quantitative Trader Philadelphia
Tudor Quantitative Analyst New York
Verition Fund Management  Quantitative Analyst Greenwich

As of February 11, 2021, 60 of 83 (72%) MSCF Students have reported offers; 58 of 83 (70%) have accepted offers.

Company Location # of Interns
J.P. Morgan Chase (8) Hong Kong 4
New York 4
Citi (6) New York 4
Hong Kong 1
Singapore 1
Bank of America (3) Hong Kong 1
New York 2
Chicago Trading Company Chicago 3
Credit Suisse New York  3
Deutsche Bank  New York 3
Barclays New York 2
Fidelity Boston 2
Goldman Sachs (2) New York 1
Shanghai 1
Morgan Stanley New York 2
Virtu Financial  New York 2
Wolfe Research New York 2
Acadian Boston 1
Balyasny Asset Management New York 1
BlackRock New York 1
Boyd Watterson  Cleveland 1
Geneva Trading Chicago 1
Guardian  New York  1
GTS New York 1
IMC Trading Chicago 1
Invesco New York  1
Jump Trading Chicago 1
KPMG New York 1
Lincoln Financial Group Philadelphia 1
Mizuho New York 1
Nomura  Singapore 1
Ontario Teachers Pension Toronto 1
QuantBot Technologies New York 1
Squarepoint Capital  New York 1
UBS Hong Kong 1
Vanguard Malvern, PA 1
Wells Fargo New York 1
INTERNSHIP PARTNERS 2019-2020 
As of July 10, 2020, 91 of 91 (100%) MSCF Students have reported offers; 91 of 91 (100%) 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
Bytedance (TikTok) Shanghai 1
Capital One New York 1
Carnegie Mellon University Pittsburgh 10
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
International Alliance Associates Atlanta 1
J.P. Morgan Hong Kong 1
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 3
Susquehanna International Group Philadelphia 1
Tudor New York 1
Upshot Boston 1
Voya Investment Management New York 1
VWH Capital New York 2
Wells Fargo Las Vegas 1
WorldQuant Thailand 1

Yearly Employment Reports