The Master's programme in Financial Engineering provides you with advanced qualifications in mathematics and finance, covering a wide range of topics from the management of financial portfolios to risk analysis in financial markets. As a graduate, you will be in demand for senior positions in the international world of finance.
Financial Engineering is a carefully designed Master's programme, belonging to the popular educational area of financial engineering. Focusing on both theoretical and quantitative computer-based methods of financial analysis, the programme provides an advanced basis in mathematics, oriented towards financial real-life problems.
Research is concentrated on financial mathematics, financial engineering, financial and risk management software, actuarial mathematics, applied statistics, stochastic processes, and simulation. To prepare you for a senior position in finance, advanced financial software and programming languages are systematically used in the teaching process. You also have the opportunity to be involved in research activities.
The teachers of the programme are lecturers from both academia and the financial industry.
This Master's programme is internationally oriented and is taught entirely in English.
Employment and Future Prospects
As a graduate, you will have very competitive advanced qualifications for obtaining senior positions in a bank, on the stock exchange, in an investment company, insurance or financial software company, in government or a financial institution.
Alumni from the programme can be found in senior positions all over the world.
You will also have the opportunity to continue your education at the Ph.D. level at Mälardalen University or at another high-quality educational institution or university anywhere around the globe.
For students outside EU/EEA
First-semester fee: 67500 SEK
Total programme fee: 270000 SEK
Specific entry requirements
A completed Bachelor's degree from an institution of higher education of three years or more, equivalent to 180 credits, of which at least 60 credits in Mathematics including probability theory and statistics.
A TOEFL test result, with a minimum score of 575 with a TWE score of at least 4.5 (PBT) or 90 with a TWE score of at least 20 (iBT) or an IELTS test result with an overall band score of at least 6.5 and no band score below 5.5 or equivalent is required.