A Master of Science (MSc) in Financial Engineering is rapidly becoming a sought-after program for those seeking to apply practical experience in computer science and programming with mathematical and financial modeling. There has been a lot of excitement around the program of late, and those who earn the degree can count on a secure future in the information technology field.
You may be wondering, what is an MSc in Financial Engineering anyway? In a nutshell, the program trains students to engineer the future of finance by transforming financial theory into modern practice. Students are provided foundational knowledge in financial concepts and then branch out into specialized fields such as corporate finance and markets, risk finance and computational and algorithmic finance. Despite its name, financial engineering does not belong to any fields in traditional engineering (for example, mechanical or civil). Rather, it is unique unto its own.
Students who earn an MSc in Financial Engineering benefit from a multidisciplinary field that includes programming, financial theory, engineering and mathematics. This multidisciplinary approach makes for a comprehensive and well-rounded skill set—perhaps more so than other similar financial or mathematical graduate-level programs.
The costs for a full MSc in Financial Engineering vary considerably by institution and location. It is important to check with a particular institution individually to determine their exact course and registration fees.
Because of the multidisciplinary approach of the program, students who earn an MSc in Financial Engineering find that their skills apply to a variety of different industries and public entities, such as banking and corporate finance as well as government economic bureaus. Graduates of the program are viewed as experts in creating profitable and innovative custom-designed instruments in the information technology industry, in particular; as such, this field is known to recruit financial engineers—often, right out of graduate school.
There are numerous institutions that offer online MSc in Financial Engineering programs. These types of programs are a good option for students who have families or who are working either part-time or full-time. To get started, search for your program below and contact directly the admission office of the school of your choice by filling in the lead form.
A highly technical programme that prepares recent graduates for careers in financial engineering and risk management. [+]
MSc Risk Management & Financial Engineering is a highly quantitative one-year programme, designed to prepare recent graduates for careers in financial engineering and risk management. The programme, which is accredited by the Professional Risk Manager’s International Association (PRMIA), is designed for technically-minded graduates who want a deep, analytical study of risk management and financial engineering.
You will learn how to put the latest academic thinking and business strategies into practice from leading practitioners and world-class faculty, giving you a thorough and hands-on understanding of risk management.
Our dedicated Careers and Professional Development Service will work with you to identify and achieve your career goals. The reputation of Imperial College as a top 10 global university combined with our strong corporate connections with global financial institutions, will ensure you present yourself with confidence to the world’s top employers.... [-]
This is an English-taught programme of 120 ECTS which prepares students for careers in actuarial science, financial engineering or quantitative risk management within financial institutions. [+]
The programme title and the English equivalent have been approved by the Commission Higher Education in Flanders on 19 January 2018. We expect the final approval of the programme by the Flemish government by the beginning of March 2018.
This is an English-taught programme of 120 ECTS which prepares students for careers in actuarial science, financial engineering or quantitative risk management within financial institutions.
This master's programme brings:basic training in actuarial engineering, insurance, financial products, financial mathematics and engineering, data analytics for finance and insurance, risk management for financial institutions; advanced courses showing the latest developments in the field; a blend of theoretical coursework and computational training; an introduction to practical aspects, through the straight-from-the-frontline experience of our staff, guest lecturers, and an internship (6 ECTS); a multidisciplinary approach, where technical, quantitative courses come along with coursework in (financial and insurance) regulation, prudential regimes, economics and reporting. ... [-]
This specialization is organized around major themes of modeling financial tools and markets. [+]
The specialization in Financial Engineering can be followed entirely in English. It is organized around major themes of modeling financial tools and markets.Objectives
This specialization is organized around major themes of modeling financial tools and markets.It trains specialists in modeling financial tools and markets. It provides students with the methodological and quantitative tools they need in order to participate actively in the creation, management, and control of financial products and services with high scientific and technical added value. It gives them mastery of concepts and techniques in an innovative framework. Target groups
The program is intended for:students who want to work in advanced areas of finance. students who want to work in the quantitative departments of financial institutions, in risk management, in the technical departments of insurance companies, in pension funds or in structuring functions in trading rooms or investment fund management. people who want to strengthen their knowledge by complementary training in the fields of mathematical finance or in actuarial services. Skills gained on completion of the specialization detailed knowledge of financial institutions, markets, and assets, of their principles of operation and/or of use; mastery of concepts and problems specific to asset management and risk management; ability to identify mechanisms of price formation and of risk emergence in order to control the conceptual and technical aspects of market and banking finance; mastery of the technical aspect of financial operations by developing innovative procedures of calculation and optimization; applying the quantitative and methodological aspects of the tools... [-]
This Master's degree in financial engineering offers advanced training in quantitative skills used in modern financial institutions, including most notably valuation of securities, and measurement and management of portfolio risks. Training is provided in programming, numerical methods and statistics, and you will be given a grounding in pricing and risk management techniques. [+]
This Master's degree in financial engineering offers advanced training in quantitative skills used in modern financial institutions, including most notably valuation of securities, and measurement and management of portfolio risks. Training is provided in programming, numerical methods, and statistics, and you will be given a grounding in pricing and risk management techniques.
A key feature is the emphasis on computational methods and implementation of the pricing and risk management techniques learned. You will complete modules in programming, numerical methods, and financial statistics, and all the modules are illustrated by computer examples.
Economics and finance at Birkbeck have acquired an excellent reputation, not only for the quality of research but also for the quality of training. Employers recognize the quality of Birkbeck graduates in economics and finance. We take students who are determined to succeed and are prepared to undergo the rigours of a first-class training, whether they are studying full-time or part-time. We aim to produce world-class graduates who have a proven record of success in a tough learning environment.... [-]
Financial Technology (FinTech) is concerned with the use of technology to make financial transactions more efficient. Graduates in this field will have a good understanding of finance, accounting, business information systems and analytic methods. [+]
Financial Technology (FinTech) is concerned with the use of technology to make financial transactions more efficient. Graduates in this field will have a good understanding of finance, accounting, business information systems and analytic methods.
Our MSc FinTech is jointly provided by the departments of Accounting & Finance and Management Science where relevant expertise resides across all core competencies both in teaching and research. This is a transitional masters degree and we accept students from a variety of background who want a career in this area.
You'll gain a comprehensive skill set using a blended learning approach that combines theory, intensive practice and industrial engagement.... [-]
Our FE program has a dual focus on financial management and applied mathematics. [+]
Several factors make the Financial Engineering Management program at Claremont Graduate University unique and highly desirable to both students and employers.
Our FE program has a dual focus on financial management and applied mathematics.In the mathematics component, students develop the analytical skills and technical competencies needed to design and evaluate complex financial products. Technical excellence is emphasized as FE students take math courses with mathematics Ph.D. students. In the finance component, students develop the managerial vision and leadership capabilities needed to understand and communicate the responsible strategic use of such products. Teamwork and leadership are emphasized as FE students take finance courses with MBA students. ... [-]
A unique graduate program, the Master of Science in Financial Engineering (MFE) empowers you to succeed as a dynamic professional in the world of high technology finance. [+]
A unique graduate program, the Master of Science in Financial Engineering (MFE) empowers you to succeed as a dynamic professional in the world of high technology finance. Learn from world-class faculty and industry seasoned professionals how to implement solutions in areas such as risk management, product structuring, quantitative trading, quantitative research and financial information technology. Stay ahead of industry developments in this multi-disciplinary program that is also offered in collaboration with Carnegie Mellon University, USA:
Highlights of the MFE program:7 weeks at Carnegie Mellon University, USA Expertise from 2 NTU schools - Nanyang Business School (NBS) and School of Physical and Mathematical Sciences (SPMS) World-class faculty Insights from industry professionals State-of-the-art infrastructure Strong alumni network ... [-]