Tuitions and Fees for MS Programs
The Industrial Engineering and Operations Research Department recognizes that the pursuit of the MS in Financial Engineering program represents a significant investment in time and financial resources. The Department tries to assist applicants in estimating a budget based on a moderate student lifestyle.
Visit Student Financial Services for the complete University guide, as well as any updates, to billing, payments and financial aid. Note that tuition is set by the University Board of Trustees and is subject to change.
For MS programs in Engineering Management Systems, Industrial Engineering, and Operations Research the student budget is as follows:
|
MS in EMS,
IE or OR |
|
|
Tuition (30 pts at $1248 per point) |
$37,440 |
|
Mandatory fees2 |
$2,801 |
|
Health services & insurance |
$2,272 |
|
Books and supplies |
$1,365 |
|
Room and board |
$13,500 |
|
Personal expenses (clothing, travel, loan fees, etc.) |
$2,835 |
|
Total Year Budget3 |
$60,213 |
1 This budget assumes that the student is enrolled full time and will complete the degree program within two semesters.
2 Mandatory fees include: International Student fee of $50 per term, Facilities Fee of $303 per term, a one-time transcript fee of $95 and a MS Program Fee of $2,000. The MS Program Fee will be charged over two semesters at $1,000 per term. The Program Fee is used for program administration, including professional activities, workshops, social events, and related student support above and beyond the academic program. This fee is collected by Student Financial Services and shall be charged regardless of the number of points for which a student is registered.
3 Students may incur additional costs that are not included in the total year budget. Such costs include: election to purchase comprehensive medical insurance, medical expenses not covered by insurance, study tours, computer and software, etc.
For MS
program in Financial Engineering the student budget is as follows:
|
MS in FE Student Budget 2008-09 |
|
|
Tuition (36 pts at $1248 per point) |
$44,928 |
|
Mandatory fees1 |
$3,171 |
|
Health services & insurance |
$2,272 |
|
Books and supplies |
$1,365 |
|
Room and board |
$20,250 |
|
Personal expenses (clothing, travel, loan fees, etc.) |
$4,250 |
|
Total Year Budget2 |
$76,236 |
1 Mandatory fees include: International Student fee of $50 per term, Facilities Fee of $303 per term (summer $135 per session), a one-time transcript fee of $95 and a MS Program fee of $2000. The MS Program Fee of $2,000 will be charged over two semesters at $1,000 per term during the fall and spring terms of enrollment. The Program Fee is used for program administration, including professional activities, workshops, social events, and related student support above and beyond the academic program. This fee is collected by Student Financial Services and shall be charged regardless of the number of points for which a student is registered.
2 Students may incur additional costs that are not included in the total year budget. Such costs include: election to purchase comprehensive medical insurance, medical expenses not covered by insurance, study tours, computer and software, etc.