Caltech is a world-renowned private research university located in Pasadena, California, about 11 miles northeast of Los Angeles. Founded in 1891, it is known for its strong emphasis on science and engineering. Caltech manages high-profile research facilities such as NASA's Jet Propulsion Laboratory and is organized into six academic divisions. The institute is famous for its highly selective admissions, low student-to-faculty ratio, and significant research output.
10
QS World University Rankings
23
U.S. News & World Report National Universities Ranking
2240
Total enrollment
-1726816865623.svg)
Member of the Association of American Universities (AAU)
National Academies of Sciences, Engineering, and Medicine
Caltech provides comprehensive career services through its Career Advising and Experiential Learning (CALE) center. CALE offers resources and support to students, postdocs, and recent alumni in pursuing fulfilling careers across various sectors, including academia, industry, medicine, entrepreneurship, public service, and the arts. The center provides dozens of thoughtfully designed programs facilitating engagement with companies, startups, nonprofits, and alumni, setting graduates up for career success. Services include career advising, internship assistance, job listings, networking events, and alumni connections.
99.5%
Employment rate within 6 months of graduation
93%
Graduate students job offer rate within 3 months
13%
Alumni in director or manager roles
These are the expert instructors who will be teaching you throughout the course. With a wealth of knowledge and real-world experience, they’re here to guide, inspire, and support you every step of the way. Get to know the people who will help you reach your learning goals and make the most of your journey.
Pioneering Neuroeconomics Research at Caltech
Antonio Rangel, the Bing Professor of Neuroscience, Behavioral Biology and Economics at the California Institute of Technology (Caltech), is at the forefront of neuroeconomics research. His laboratory investigates the computational and neurobiological foundations of decision-making, focusing on simple choices, self-control problems, and altruistic behavior. Professor Rangel's interdisciplinary approach combines neuroscience, economics, and psychology to unravel the complexities of how the brain makes decisions. Using advanced techniques such as computational modeling and neuroimaging, his work examines how the brain assigns and compares values, and how attention influences these processes. As a passionate educator, Rangel has been teaching economics principles since his graduate days at Harvard, where he earned his Ph.D. in Economics in 1998. His groundbreaking research in the Rangel Neuroeconomics Laboratory at Caltech not only bridges biological and social sciences but also has far-reaching implications for fields like economics, psychiatry, and the development of decision-enhancing technologies. Through his innovative work, Professor Rangel continues to shape our understanding of the neural mechanisms underlying human choice and behavior.
A Leading Figure in Mathematical Finance and Financial Economics
Jaksa Cvitanic is a distinguished scholar and educator in the fields of mathematical finance, financial engineering, and financial economics. With a career spanning over two decades, he has made significant contributions to academia through his teaching, research, and publications. Professor Cvitanic has held teaching positions at prestigious institutions including Columbia University, the University of Southern California, EDHEC Business School, and currently at the California Institute of Technology (Caltech). His expertise is reflected in his extensive publication record, which includes two influential books: "Introduction to the Economics and Mathematics of Financial Markets" and "Contract Theory in Continuous Time Models," as well as more than fifty scientific articles. Cvitanic's research has significantly advanced understanding in areas such as portfolio optimization, risk management, and financial contracts. His work on convex duality in constrained portfolio optimization, published in 1992, has been particularly impactful, garnering over 880 citations. In addition to his research, Cvitanic has served as a co-editor for prominent journals in the field, including "Finance and Stochastics" and "Mathematical Finance," further cementing his status as a leading figure in mathematical finance and financial economics.
