The number of applicants to the MFE program for Fall 2007 admission increased by 83%, and the pool of applicants became stronger at the same time (the average GRE Quantitative score of all the applicants increased from 758 to 767). This is reflected in the strength of our Fall 2007 cohort, the strongest we have ever enrolled, based on average test scores.

 

Semester	Applicants	Admitted	Adm. Rate	Enrolled	Yield	Full-Time & Part-Time	International
Fall 2002	58	25	43%	20	80%	11 & 9	6
Fall 2003	95	27	28%	14	52%	7 & 7	2
Fall 2004	132	48	36%	38	79%	16 & 22	8
Fall 2005	129	36	28%	26	72%	13 & 13	6
Fall 2006	184	42	23%	34	81%	15 & 19	9
Fall 2007	337	48	14%	35	76%	19 & 16	13

More Details

We look at every application as a complete package, which includes not only the quantifiable parts, such as GPA and test scores, but also the Personal Essay, Letters of Recommendation, and other general considerations, such as relevant work experience and the strength of the mathematical and C++ programming background of the applicant. We include detailed statistics on the GPAs and the test scores of the students admitted into the MFE program every year which show that low GPAs or low test scores can be overcome by demonstrating strength in other areas of the application.