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Financial Engineering and Risk Management, M.Sc.

  • Application Deadline
  • 12 months
    Duration
University rank #501 (QS) , TX,
The Master of Science in Financial Engineering and Risk Management degree is a cohort STEM program for students who want to learn the quantitative skills required to analyze financial information, engineer financial products, identify risks and manage risks. 

About

The program is designed for students with or without a previous educational background in finance, but with a proclivity toward quantitative approaches to managerial issues.

In addition to the academic coursework, the Jindal School offers a number of resources to enhance the learning experience. A finance trading lab offers you the opportunity to train and get certified using the Bloomberg Terminal. The lab also has access to several databases, including Thomson Reuters Eikon, S&P Capital IQ, SDC Platinum, Morningstar Direct and Wharton Research Data Services. The program also offers a series of workshops that prepare students for the workplace. These resources allow students to improve their quantitative and qualitative skills in analyzing financial data and managing risk. Beyond the lab, JSOM’s Career Management Center staff helps students to find internships and jobs and hosts guest speakers and events.

Programme Structure

Courses included:

  • Financial Accounting Information and Analysis
  • Introduction to Mathematics in Finance
  • Advanced Mathematics in Finance
  • Financial Information and Analytics

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 12 months
  • Languages
    • English
  • Delivery mode
    On Campus

English Language Requirements

  • Minimum required score:

    6.5

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    Schedule IELTS
  • Minimum required score:

    80

    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.

    Schedule TOEFL®
  • Minimum required score:

    550

    The TOEFL®PBT is administered in a paper format and measures your ability to use and understand English in a classroom setting at the college or university level. It accurately measures how well you can listen, read and write in English while performing academic tasks. Read more about TOEFL®PBT.

    Schedule TOEFL®

Academic Requirements

You need the following GPA score:

Required score: 3

Applicants for graduate programs must have the equivalent of a bachelor’s degree with a minimum GPA equivalent to 3 on a US 4.0 grading scale. Admitted applicants typically have an undergraduate GPA of or better on a 4.0 scale. No exam grade should be lower than 4.5 (European grade scale) or D (American grade scale).

Your GPA (Grade Point Average) is calculated using the grades that you received in each course, and is determined by the points assigned to each grade (e.g. for the US grading scale from A-F).

General Requirements

  • An official and competitive GMAT or GRE score
  • International applicants and U.S. citizen and permanent resident applicants with an international degree must submit an official attested photocopy of academic documents such as a transcript, diploma, mark sheets, provisional degree certificate and/or your final degree certificate
  • Resume
  • Letter of Recommendation
  • Personal Objectives Statement

Tuition Fee

  • International

    30464 USD/year
    Tuition Fee
    Based on the original amount of 30464 USD per year and a duration of 12 months.
  • National

    14954 USD/year
    Tuition Fee
    Based on the original amount of 14954 USD per year and a duration of 12 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

Living costs for Richardson

  • 1207 - 2240 USD/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

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.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.

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