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This program is normally completed in two years.
The program can be completed in less than two years with approval from a Program Director after a transcript review to determine if the previous coursework taken prior to Lehigh University aligns with a shorter degree completion timeline for the program.
Lehigh University undergraduates accepted to the 4+1 Masters in Financial Engineering program have a pathway to complete the graduate degree in one year.
The MS in Financial Engineering Program is comprised of 36 credit hours.
Find detailed curriculum information on the MFE "Curriculum" webpage.
The MFE program at Lehigh College of Business is on the STEM Designated Degree Program list for the U.S. Department of Homeland Security.
Having a STEM designated degree program is a valuable signal to employers, and it enables international students to extend their OPT for a total of 36 months.
No. Work experience is not required for this program.
Students can choose to start classes in spring or fall.
There is a mix of daytime, evening, and weekend classes, with classes primarily in the daytime, meeting twice/week.
Tuition for the 2025-26 academic year is $1,660 per credit. The total tuition cost of 36 credits required for this degree is $59,760.
Find detailed information on the MFE "Tuition and Expenses" webpage.
Please visit the MFE "Scholarships and Financial Aid" webpage.
You may view our admission requirements on the MS in Financial Engineering "Admissions Information" webpage.
Performance on the GMAT or GRE is a good indicator of success in the program. While we do not have a minimum score for either test, we look for strong quantitative ability as evidenced in the mathematical portion of the GMAT or GRE. Most of our students score in the 70th percentile or above on their total score, a good measure of the strength of your peers.
Lehigh may accept transfer credits per approval of the Program Director and the Office of the Registrar; however, it is not guaranteed credit transfer will be accepted.
You may view our application deadlines on the MS in Financial Engineering 'Admissions Information' webpage.
To apply for a Lehigh graduate program, or access an in-progress application, use Lehigh's online application system.
Lehigh Business makes applying easier with no application fees!
No. Unofficial transcripts are accepted when submitting an application. Unofficial transcripts are also acceptable for application review.
Domestic and international applicants should upload unofficial transcripts in English that show the degree received, along with course grades and cumulative grades.
You will only be required to submit official transcripts if admitted to the program.
For more information, please visit the MS in Financial Engineering "Admissions Information" webpage.
Generally 2-4 weeks after your completed application has been submitted.
Official electronic transcripts via an official secure transcript service are the preferred method of receipt. If the institution offers an electronic secure transcript service, please have the institution submit documentation to the following email address: business@lehigh.edu.
If the institution does not offer an official electronic transcript service, the official transcripts and degree certificates must be mailed in a sealed envelope with the institution seal and sent directly to our office using the address listed below.
Lehigh University - College of Business
Graduate Programs Office
Lehigh Business Innovation Building, Suite 201
201 E. Packer Ave
Bethlehem, PA 18015
USA
Official transcripts must bear the signature of the university’s registrar, the seal of the issuing institution, and contain the name and date of the degree awarded.
Official transcripts and degree certificates must be mailed from your college or university in a sealed envelope with the institution seal and sent directly to our office using the following address:
Lehigh University - College of Business
Graduate Programs Office
Lehigh Business Innovation Building, Suite 201
201 E. Packer Ave
Bethlehem, PA 18015
USA
Official transcripts must bear the signature of the university’s registrar, the seal of the issuing institution, and contain the name and date of the degree awarded.
If your non-U.S. institution cannot mail your transcripts, you will have to supply a Course by Course Evaluation (fees for this service are the responsibility of the applicant).
For more information on course evaluation services, please visit the MS in Financial Engineering "Admissions Information" webpage.
If your non-U.S. institution cannot mail your transcripts, you will have to supply a course-by-course evaluation (fees for this service are the responsibility of the applicant). Lehigh Business has created a custom evaluation form for graduate applicants to Lehigh’s College of Business through IEE and SpanTran that will make sure you select the right kind of evaluation at a discounted rate! Lehigh's recommended companies for international transcript evaluations are the following:
- International Education Evaluations (Access IEE Evaluation Form)
- World Evaluation Services (Access WES Evaluation Form)
- SpanTran (Access SpanTran Evaluation Form)
You can find other accredited evaluation companies through the National Association of Credential Evaluation Services (NACES).
An additional course evaluation company for students from Chinese institutions is CHESICC. Students requesting course evaluations through this service should have all documentation sent to the following email address: business@lehigh.edu. The processing time for CHESICC documents is approximately 20 days.
Lehigh Business has created a custom evaluation form for graduate applicants to Lehigh’s College of Business through IEE and SpanTran that will make sure you select the right kind of evaluation at a discounted rate! Lehigh's recommended companies for international transcript evaluations are the following:
- International Education Evaluations (Access IEE Evaluation Form)
- World Evaluation Services (Access WES Evaluation Form)
- SpanTran (Access SpanTran Evaluation Form)
For the latest information about campus visits, please visit https://www1.lehigh.edu/admissions/visits-tours.