Studyportals
M.Sc. On Campus

Financial Engineering

University of Illinois at Urbana Champaign

15 months
Duration
55680 USD/year
55680 USD/year
Unknown
Tuition fee
Unknown
Apply date
Unknown
Start date

About

The Financial Engineering degree at University of Illinois at Urbana Champaign is a 3 semester STEM designated program

Overview

The objective of the Financial Engineering program at University of Illinois at Urbana Champaign is to provide students with exposure to the latest in theory and techniques in the financial markets and apply their knowledge even before graduation with real world projects.

Key Features 

  • Financial Engineering is the application of quantitative methods to the analysis of financial markets and financial products.
  • The quantitative techniques include: Finance, Mathematics, Statistics, Computer Science, Machine Learning, Deep Learning and Data Analytics.

Programme Structure

  • The Illinois Master of Science in Financial Engineering degree is both technical and pragmatic. Students receive training in the most advanced techniques, providing them the grounding and tools to advance quickly in the field. 
  • The program features practice-based learning opportunities which assure the curriculum is always demanding and contemporary. Further, the featured Practicum in the third semester of the program serves as a bridge with industry focusing on real world financial modeling problems.

Key information

Duration

  • Full-time
    • 15 months

Start dates & application deadlines

Credits

48 alternative credits

Delivered

On Campus

Academic requirements

GPA admission requirements GPA
3.5
GRE admission requirements GRE®
Required
GMAT admission requirements GMAT
Required

Other requirements

General requirements

Prerequisites

  • Bachelor’s degree, or bachelor equivalent, typically in an engineering field, mathematics, physics, computer science, or economic
  • 1 year of Calculus
  • 1 semester of Linear Algebra and Differential Equations
  • 1 semester of Probability and Statistics
  • 1 semester of Programming (preferably in C/C++)
  • GRE or GMAT
  • TOEFL or IELTS for all applicants whose native language is not English (exemptions see here)
  • Knowledge of basic finance is helpful but not required
Additional Requirements
  • Undergraduate: 3.25 (A=4.00) for last 60 hours of study
  • Graduate: 3.50 for any previous graduate work completed

Tuition Fee

To alway see correct tuition fees
  • International

    55680 USD/year
    Tuition Fee
    Based on the tuition of 69600 USD for the full programme during 15 months.
  • National

    55680 USD/year
    Tuition Fee
    Based on the tuition of 69600 USD for the full programme during 15 months.

Living costs for Urbana

1100 - 1500 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.

Our partners

Financial Engineering
-
University of Illinois at Urbana Champaign

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