Master in Financial Engineering

Mälardalen University

Program Description

Master in Financial Engineering

Mälardalen University

Master in Financial Engineering

The MIMA Master's programme in Financial Engineering prepares you for a challenging and successful career in the international world of finance. You will learn to see finance from advanced quanti-tative perspectives, including the management of financial portfolios and risk analysis in financial markets.

The Programme

This programme has a unique character. It is carefully designed and belongs to the very popular educational area of financial engineering.

Focusing on quantitative computer-based methods of financial analysis, the programme provides an advanced basis in Mathematics and Economics.

The programme is oriented towards financial real-life problems, and the textbooks have been chosen to support this approach. Advanced financial software is systematically used in the teaching. The best students are also involved in research activities and the development of experimental financial software. The programme is a natural continuation of the Bachelor’s programme Analytical Finance.


Research studies are carried out in Financial Mathematics, Financial Engineering, Financial and Risk Management Software as well as in some related research areas such as Actuarial Mathematics, Applied Statistics and Stochastic Processes, and Simulation. The best students are involved in research activities and the development of experimental financial software.

Employment and Future Prospects

As a graduate of the Financial Engineering program you will have very competitive advanced qualifications for obtaining a senior position in a bank, stock exchange, investment company, insurance or financial software company, government or financial institution or software company. The best students have the possibility to continue their education at the Ph.D. level at Mälardalen University or at another high-quality educational institution or university anywhere in the world.

Tuition fee

For studens outside EU/EAA

First semester fee: 65000 SEK

Total programme fee: 260000 SEK


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.

This school offers programs in:
  • English

Last updated May 9, 2016
Duration & Price
This course is Campus based
Start Date
Start date
Sept. 2017
2 years
Full time
260,000 SEK
Start date Sept. 2017
Sweden Eskilstuna
Application deadline Request Info
End date Request Info
Duration 2 years
Price 260,000 SEK
For students outside EU/EAA