Lally Graduate Program applicants apply to either the MBA or individual M.S. programs. Our holistic admission process considers many factors, so we encourage you to submit all application components on time for careful consideration.

If you have any additional questions, please contact us at (518) 276-6565, lallymba@rpi.edu (MBA) or lallyms@rpi.edu(M.S.).

Fall start date only

GMAT (preferred), GRE accepted

Statement of Background and Goals

TOEFL score of 230 CBT/88 iBT/570 PBT (IELTS 6.5 or PTE 60)

TOEFL speaking subscore of 22 or IELTS speaking subscore of 6.5*

As global financial markets become more complex and interdependent, the importance of ‘quants,’ or managers who know how to use quantitative models to make sense of them, is growing. Learn more from this message from Aparna Gupta, Associate Professor, Quantitative Finance:

The Lally School’s M.S. in Quantitative Finance & Risk Analytics (QFRA), a Top 30 best national quant programs according to the 2018 QuantNet rankings, provides you a deep understanding of the cutting-edge theory and advanced analytical techniques required to establish your career in this dynamic and highly rewarding industry.

As a member of the QFRA program you will study emerging practices, conduct empirical research and construct computational models, and have the opportunity to customize your knowledge with a concentration in quantitative finance, risk analytics, or a generalist track. QFRA students also receive mentoring from ongoing interaction with a highly engaged advisory board of executives in the quantitative finance and risk analytics professions.

*Also check out the QFRA informational white papers below for program updates, expert opinions, topic exploration, and industry insights.

Succeed with a career as a financial analyst, credit risk specialist, financial controller, quantitative risk analyst, private equity analyst, modeling expert, finance portfolio manager, commercial and investment banking consultant, among others.