In financial theory, financial engineering is considered a multidisciplinary field of study that entails the use of mathematical tools, engineering methods and the programming practice. In other contexts, financial engineering is defined as a situation where mathematical and computational finance application technical methods are utilized in financial practice. As a Masters degree in Financial Engineering, students get to understand the multidisciplinary aspect of the financial theory where the application of engineering methods, programming practice and tools of mathematics are used. The program prepares students in the professional field of finance from all over the world.
Master of Finance Engineering is a postgraduate degree offered to guide students in the world of financial securities, banking consulting industry, and financial management. The skills learned during coursework enable students to gain technical capacity in quantitative analysis for the various financial departments and corporate treasuries in the industries of service and manufacturing. This is a practical course that exposes graduates to quality running of the financial world. The expertise levels attained through Masters Degree in Financial Engineering are reliable for those pursuing the dynamic careers of the profession. The capacity to structure effective solutions in a risk world is what graduates achieve through the program.
In many cases, the program is available for one year for the full-time students. The drive is to take technology into the profession and equips students with techniques and ideas in mathematics, computer science and finance.
2-year master's programme prepares specialists for the financial sector, banking and insurance industries. [+]
2-year master's Actuarial and Financial Engineering programme prepares specialists for the financial sector, banking and insurance industries in quantitative methods of risk assessment and hedging, providing knowledge and skills in two major areas - financial engineering and insurance mathematics.Why Actuarial and Financial Engineering? Special emphasis on applied mathematical models and quantitative methods. The only programme of this kind in the region, meeting EU educational standards in actuarial mathematics. Graduates are very competitive on the national and international job market as analysts, actuaries and risk engineers. Knowledge, practical skills and competence needed to succeed in careers at banks, insurance companies, consulting, financial utilities and financial supervisory authorities. The teaching staff consists of highly qualified professors, who have also done extensive research and have international experience. Some of the lectures in the programme will be delivered by visiting international staff. All graduates can find jobs easily in Estonia and around the world. ... [-]
The MIMA Master's program 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 quantitative perspectives, including the management of financial portfolios and risk analysis in financial markets. [+]
Master in Financial Engineering
The MIMA Master's program 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 quantitative perspectives, including the management of financial portfolios and risk analysis in financial markets.
This program 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 program provides an advanced basis in Mathematics and Economics.
The program is oriented towards financial real-life problems, and the textbooks have been chosen to support this approach. The 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 program is a natural continuation of the Bachelor’s program Analytical Finance.... [-]
Graduates of the Financial Engineering master program are capable of taking over executive functions in financial management. They are qualified to consider challenges in the financial sector from an engineer’s point of view and to develop and optimize innovative solutions on the basis of fundamental economic laws. [+]
Part-time further qualification for economists.
Financial engineering provides innovative solutions for pricing, hedging, trading and portfolio management problems by employing advanced mathematical methods and computer technology.
Graduates of the Financial Engineering master program are capable of taking over executive functions in financial management. They are qualified to consider challenges in the financial sector from an engineer’s point of view and to develop and optimize innovative solutions on the basis of fundamental economic laws. Their profound understanding of complex financial products enables them to deal with the challenges of an increasingly globally acting finance sector.... [-]
Areas of study The program is based on four main areas; Risk management selected courses: Financial risk management, Actuarial methods, Financial markets, and instruments. Corporate finance, selected courses: Corporate finance, Advanced corporate finance, Long-term incentive schemes, Advanced financial analysis of enterprises Pricing of financial instruments selected courses: Derivatives pricing, Interest rates modeling, Stochastic finance in continuous time Investments, selected courses: Portfolio theory, Exotic options, Alternative Investments, Hedge funds [+]
Requirements for the candidates
Applicants should have completed undergraduate programs (bachelor or engineer degree). Preference is given to studies on economics or mathematics.
Candidates should have basic knowledge of economics, mathematics and finance, in particular, basic knowledge of economic theory (basics of microeconomics and macroeconomics).
The candidate should know the basics of accounting and financial mathematics (time value of money, the rules for calculating interest and discounting).
In mathematics, the candidate is expected to have knowledge related to the basics of linear algebra and calculus.
Requirements:Knowledge of English Basics of calculus Basics of linear algebra Basics of financial mathematics (time-value of money) ... [-]
An ambitious program to train specialists of high finance. The Master in Banking and Financial Engineering offers a dual expertise in corporate finance and market to train specialists with a strong international dimension. [+]
An ambitious program to train specialists of high finance. The Master in Banking and Financial Engineering offers a dual expertise in corporate finance and market to train specialists with a strong international dimension.
This program obeys the BMD system and the ISO program design methodological repository 9001 version 2008. Originality, coherence and pedagogical structure have earned accreditation African and Malagasy Council of Higher Education (CAMES) and the center of excellence of the UEMOA.
It lasts four semesters divided into specialties and offering the student a rich and varied horizon in Banking and financial engineering. To obtain the Master in Banking and Financial engineering, beyond the validation of the student teaching units should have a memory, and support the pass.... [-]