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The Master of Science in Financial Economics is a full-time, four-semester program with an annual tuition of approximately $50,000 if the student takes the regular full load of four three-credit courses each semester. The tuition for 2014–15 academic year is $2,167 per credit.

Columbia Business School does not offer merit- or need-based financial aid for the Master of Science in Financial Economics. However, federal or private loans may be available to qualified candidates. The MBA loans page lists detailed information about obtaining loans, much of which is applicable to Master of Science candidates.

US Citizens and Permanent residents are able to borrow the cost of attendance in either federal or private loans.  Full instructions will be available upon admission. Students are able to borrow for living and travel expenses as well as tuition.  Those who wish to only utilize tuition amounts should follow the amounts outlined below (choosing either the Graduate PLUS or Private Loan).  If you wish to borrow additional living expenses above tuition the amounts will be specified in your award letter after completing your FAFSA.  It is a modest student budget of approximately $30,000 per 12 months (about $10,000 per semester).

Tuition

Semester

Year

Billed Amount

Due

Direct Loan Amount*

Private Loan

Grad PLUS Amount**

Year 1

Fall

2014

$26,004

12-Sep

$10,140

$15,864

$16,574

Year 1

Spring

2015

$26,004

30-Jan

$10,140

$15,864

$16,574

Totals

 

 

 

 

$20,280

$31,728

$33,148

Year 2

Fall

2015

$26,004

11-Sep

$10,140

$15,864

$16,574

Year 2

Spring

2016

$26,004

29-Jan

$10,140

$15,864

$16,574

Totals

 

 

 

 

$20,280

$31,728

$33,148

* Less origination fee
** Includes origination fee

International students are only eligible to be considered for private loans with a US cosigner. Loans without a US cosigner are not available. Most international students rely on family funds, personal savings, government or company sponsorships, and/or loans secured in their home countries. Download additional resources for international students (PDF, 589K).

Announcements

Federal loan program changes for '14-'15
Under the Bipartisan Student Loan Certainty Act, interest rates for graduate students effective July 1, 2014 have been set at 6.21% for the Direct Unsubsidized Loan and 7.21% for the Direct Graduate PLUS Loan. For more information, please visit our Loans page.