Overview

The Financial Engineering programme at University of California, Berkeley provides students with the advanced technical skills required to excel in modern quantitative finance. This curriculum is designed to merge rigorous mathematical theory with practical applications in data science, machine learning, and computer programming. By bridging these disciplines, the university prepares graduates to optimise complex financial decision-making processes in global markets.

Why Financial Engineering at University of California, Berkeley?

Studying at the Haas School of Business provides access to a world-class faculty and a curriculum that is deeply integrated with the needs of the financial industry. The programme offers flexible pathways, including both a standard one-year graduate track and a part-time two-year option, ensuring that the same high-level education is accessible to different professional needs. Students benefit from a location that connects them to major financial hubs and innovative fintech environments.

Tuition Fee Breakdown

International fee: USD 6570 per year
National fee: USD 6570 per year
Local fee: USD 6570 per year

Visit the Fees and Funding section for a breakdown in your local currency.

Syllabus

The curriculum focuses on the intersection of computational tools and financial theory. Modules may include:

Finance
Mathematics
Data Science
Machine Learning
Computer Programming
Strats and Modelling
Quantitative Research

Careers with Financial Engineering

Graduates are highly sought after by a diverse range of global organisations, including hedge funds, fintech firms, and investment banks. The programme prepares individuals for specialised roles in portfolio management, derivative valuation, and risk management. Many alumni also secure positions in private equity, asset management, and corporate treasuries.

Common career paths for graduates include:

Quantitative Researcher
Portfolio Manager
Data Scientist
Security Structuring Specialist
Derivative Valuation Expert
Risk Manager
Asset Management Consultant

The expertise gained also allows for opportunities in insurance, reinsurance, and real-option investment analysis, reflecting the broad utility of the quantitative skills developed during the course.

Programme Structure

Courses include:

Advanced Computational Finance

Financial Innovation in a Global Marketplace

Optimization Models in Finance

International Equity & Currency Markets

Independent Study

Investments and Derivatives

Empirical Methods in Finance

Financial Institutions Seminar

Key information

Duration

Full-time
- 12 months
Part-time
- 24 months

Start dates & application deadlines

Starting 2027-01-20 00:00:00
- Apply before 2026-10-03 00:00:00

Language

English

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Credits

30 SCH

Delivered

On Campus

Campus Location

Berkeley, United States

Disciplines

Finance Financial Mathematics View 53 other Masters in Financial Mathematics in United States

This information is based on LinkedIn alumni data for graduates from 2018 to 2024 and may not fully represent all career outcomes

Total alumni

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Academic requirements

GPA

English requirements

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Other requirements

General requirements

a bachelor’s degree or recognized equivalent from an accredited institution;

a satisfactory scholastic average, usually a minimum grade-point average (GPA) of 3.0 (B) on a 4.0 scale; and

enough undergraduate training to do graduate work in your chosen field.

Evidence of English Language Proficiency

Graduate Record Examination (GRE)

Letters of Recommendation

Application Fee: The application fee is not refundable. If you are a U.S. citizen or current permanent resident, the application fee is $105; for all others, the fee is $125.

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

6570 USD / year

≈ 6570 USD / year
Out-of-State

6570 USD / year

≈ 6570 USD / year
Domestic

Applies to you

In-State

6570 USD / year

≈ 6570 USD / year

Living costs

Berkeley

United States

1750 - 2820 USD / month

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

Financing

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Funding

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

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Scholarships Information

Below you will find Master's scholarship opportunities for Financial Engineering.

Available Scholarships

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About

Overview

Programme Structure

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

What students do after studying Business & Management

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Tuition Fees

International Applies to you

Domestic

Living costs

Berkeley

Financing

Funding

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Scholarships Information

Available Scholarships

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