Financial Engineering introduces you to these techniques in a practical way, with a focus on hands on applications implemented in the Python programming language.Knowing the Right Answer
After completing the Master Program in Financial Engineering taught at Karlsruhe Institute of Technology (KIT) you will have answers to vital questions like:
Should company X manufacture product Y?
Should company X build a warehouse in Z?
How does a delay change the value of the project?
Making Better Decisions
Understanding projects strategically helps to make better decisions:
- Learn which decisions need to be taken in order to leverage the value of the company/product.
- Recognize the strategy behind the project and understand the big picture
- Know what mergers, acquisitions and changes mean and how you can influence the consequences.
- Create compelling evaluation systems and key figures to present your project, your department and yourself the best.
Career Perspectives after Graduation
With the pace of financial innovation, the need for highly qualified people trained in financial engineering also increases.In many areas, the financial industry is currently facing structural changes to its offerings, IT systems and processes. The operational picture is characterized by a high project volume. Due to the high cost and competitive pressure, employees must be able to think and act in a cost-conscious, networked and innovative manner. This increasingly requires an interdisciplinary academic education for managers and future managers with modern IT skills, skills in designing industrial processes up to skills in managing large change programs.
The KIT is system-accredited by AAQ. All HECTOR School master programs are accredited by the internal quality assurance system of the KIT.
Engineering Courses include:
Economics of Global Financial Markets
Massive Data Sets and Machine Learning for Financial Engineering
Advanced Finance Theory
Financial Machine Learning with Artificial Intelligence
Marketing & Information
Finance & Value
Decisions & Risk
Innovation & Projects
Strategy & People
- 20 months
Start dates & application deadlines
- StartingApply anytime.
As we have a rolling application process, applications can be submitted throughout the whole year. However, for an intake in the same year we recommend to submit the application until June, especially if a visa is required.
DisciplinesFinance Data Science & Big Data Artificial Intelligence View 73 other Masters in Finance in Germany
We are not aware of any academic requirements for this programme.
University degree in a relevant subject
Professional experience (at least 1-2 years) & current employment
International15000 EUR/yearTuition FeeBased on the tuition of 7500 EUR per semester during 20 months.
EU/EEA15000 EUR/yearTuition FeeBased on the tuition of 7500 EUR per semester during 20 months.
For a regular master with 4 semesters, the tuition fee is 7,500 Euro (seven thousand five hundred) each semester. Differing length of studies does not increase the total tuition fee.
Living costs for Karlsruhe
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.
Apply and win up to €10000 to cover your tuition fees.