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 April 15, 2022, 80 of 82 (98%) MSCF students graduating in December 2021 have offers; 79 of 82 (96%) have accepted offers.

Employer  Job Title  Location
J.P. Morgan (7) Quantiative Analyst  Hong Kong, SAR
Quantitative Developer
Associate, Market Risk Quantitative Research New York, NY
Associate, Quantitative Analytics (2)
Quantitative Researcher
Trading Analyst
Citi (6) Analyst, Strats and Modeling New York, NY
Quantitative Analyst (4)
Analyst, APAC Markets Singapore, SG
Bank of America (5) Analyst, Global Markets Sales and Trading (2) Hong Kong, SAR
Analyst, Corporate Investment Portfolio New York, NY
Associate, Quantitative Research 
Associate, Quantitative Strategies
Goldman Sachs (4) Analyst, FICC Securitized Structuring Hong Kong, SAR
Market Risk Senior Analyst New York, NY
Quantitative Engineer
Quantitative Strats Fixed Income (FICC)
Morgan Stanley (4) Associate New York, NY
Associate, Fixed Income Strats (2)
Associate, Institutional Equity Strats 
Barclays (3) Associate, ETrading and Machine Learning  New York, NY
Associate, Quantitative Research 
Quantitative Analyst, Risk Modeler
China International Capital Corp. (CICC) (3) Delta One Desk Strategist Hong Kong, SAR
FICC FX Trader Shanghai, CN
Quantitative Analyst, Prop Trading Desk Beijing, CN
Capital One (2) Sr. Data Scientist New York, NY
Sr. Quantitative Analyst McLean, VA
Chicago Trading Company (2) Analyst, Quantitative Trading  (2) Chicago, IL 
FTI Consulting (2) Economic Consultant New York, NY
Sr. Consultant - Securities, Commodities, Derivatives
Jump Trading (2) Quantitative Researcher Chicago, IL 
Quantitative Researcher and Software Development New York, NY
Millennium Partners (2) Quantitative Researcher (2) New York, NY
Nomura (2) Risk Associate New York, NY
Securitized Products Research Analyst (STI)
Advocate Capital Management Portfolio Analyst New York, NY
Akuna Jr. Trader Chicago, IL 
Alliance Bernstein (AB) Quantitative Associate  New York, NY
Ant Group Analyst, Strats and Modeling Hangzhou, CN
Balyasny Asset Management Associate, Quantitative Risk Research New York, NY
Beacon Platform Quantitative Developer New York, NY
BlackRock Associate, Quant Research New York, NY
BNP Paribas Associate New York, NY
BP Trading Quantiative Analyst  London, UK
Central Bank of Mexico Markets Analyst Mexico City, MX
Chubb Data and Quantitative Engineer New York, NY
CNH Partners, LLC  Analyst, Portfolio Management Greenwich, CT
Credit Suisse Associate, Quantitative Strategies New York, NY
Cross River Bank Quantitative Analyst Fort Lee, NJ
ExodusPoint Capital Analyst New York, NY
Fidelity Associate, Quantitative Systematic Trading  Boston, MA
GSR Quantitative Trader New York, NY
Guardian Life Quantitative Researcher New York, NY
IMC Trading  Quantitative Researcher Chicago, IL 
Invesco Quantiative Analyst  Boston, MA
Laurion Capital Management Quantiative Analyst  New York, NY
Lincoln Financial Group  Analyst, Credit Risk Research  Philadelphia, PA
MarketAxess Research Analyst New York, NY
MIO Partners Analyst, Quantitative Research New York, NY
Moody's  Assistant Director of Research New York, NY
QTG Asset Management Quantitative Researcher Shanghai, CN
Schonfeld Group Quantitative Developer/Researcher New York, NY
Squarepoint Capital Quantitative Researcher New York, NY
Standard Chartered Bank Quantitative Analyst, Financial Markets Shanghai, CN
Tradewell Technologies Quantitative Researcher New York, NY
Transmarket Group  Jr. Quantitative Trader Chicago, IL 
Two Sigma Quantitative Researcher New York, NY
UBS  Global Markets Trading Analyst New York, NY
Vanguard FinTech Strategies Analyst Malvern, PA
WorldQuant Quantitative Researcher Shanghai, CN

As of April 15, 2022, 89 of 92 (97%) MSCF students have reported offers; 87 of 92 (95%) have accepted offers.

Employer Location # of Interns
Goldman Sachs (9) Hong Kong, SAR 2
New York, NY 7
J.P. Morgan Chase (8) New York, NY 8
Bank of America (4) Charlotte, NC 2
New York, NY 2
BNP Paribas (4) New York, NY 4
Morgan Stanley (4) Hong Kong, SAR 1
New York, NY 3
Citi (3) New York, NY 3
UBS (3) New York, NY 3
Capula Investment Management (2) London, UK 1
New York, NY 1
Fortitude Re (2) Jersey City, NJ 2
Kaust Investment Management Company (KIMC) (2) Arlington, VA 2
Northern Trace Capital (2) Columbus, OH 2
Standard Chartered Bank (2) Shanghai, CN 2
Squarepoint Capital (2) New York, NY 2
Transmarket Group (2) Chicago, IL 2
VWH Capital (2) New York, NY 2
Barclays New York, NY 1
BlackRock San Francisco, CA 1
Blue Elephant Capital  Irvington, NY 1
Boyd Watterson Cleveland, OH 1
Capital One  McLean, VA 1
Chicago Trading Company (CTC) Chicago, IL 1
Credit Suisse Hong Kong, SAR 1
Digifinex Irvine, CA 1
DRW  Chicago, IL 1
Dub New York, NY 1
Elequin Capital  New York, NY 1
Ergoteles Capital New York, NY 1
Ernst & Young (EY) New York, NY 1
Fidelity Boston, MA  1
Geneva Trading Chicago, IL 1
GTS New York, NY 1
HSBC New York, NY 1
Hudson River Trading  New York, NY 1
IBM New York, NY 1
Invesco Boston, MA  1
Janus Henderson Investor Denver, CO 1
Kohlberg Kravis Roberts (KKR) New York, NY 1
Marathon Capital LLC  Philadelphia, PA 1
Mill Hill Capital  New York, NY 1
Monachil Capital Partners Greenwich, CT 1
Point 72 New York, NY 1
Prosperity Life New York, NY 1
QMS Capital Management Durham, NC 1
Susquehanna International Group, LLC (SIG) Dublin, IRE  1
TD Securities New York, NY 1
Truist Securities Atlanta, GA 1
UNTL Capital  New York, NY 1
Verition Fund Management New York, NY 1
Viking Global Investors New York, NY 1
Wolfe Research New York, NY 1
Zillow New York, NY 1

Yearly Employment Reports