Studyportals

Financial Engineering

National University of Singapore

M.Sc.
18 months
Duration
25329 USD/year
25329 USD/year
Unknown
Tuition fee
Passed
Unknown
Apply date
Unknown
Start date

About

The Master of Science in Financial Engineering (MFE) is a multi-disciplinary program that combines finance, mathematics, and computing with a practical orientation to solve problems in finance.

Overview

The MFE was launched in 1999 by the Centre for Financial Engineering at NUS, the predecessor to RMI. It aims to equip finance and banking industry professionals and fresh graduates with current knowledge and skills in financial innovations and technology. The domain knowledge includes financial product development, modelling of prices, hedging, investment technology, risk analyses and computational methods.

There are many MFE programs available and the RMI MFE distinguishes itself by striving to shape its students into ‘doers’ – people with the theoretical background necessary to approach complex financial problems and the practical know-how to solve these problems.

RMI is a world leader in advancing innovative solutions to risk management challenges. We offer an environment where new ideas are created and innovative solutions are put to real practice. Our flagship non-profit Credit Research Initiative, launched in July 2009, views credit ratings as a “public good” and approaches the rating methodology development in the spirit of Wikipedia. Today, RMI produces daily updated default forecasts for over 35,000 listed firms in over 100 economies around the world (http://rmicri.org). As an MFE student of RMI, you will have a unique opportunity to hone research skills and contribute towards building a critical part of the world financial infrastructure.

Programme Structure

Courses include:

  • Derivatives and Fixed Income
  • Risk Analyses and Management
  • Financial Engineering Project
  • Stochastic Calculus and Quantitative Methods
  • Programming and Advanced Numerical Methods
  • Financial Econometrics
  • Equity Products and Exotics
  • Corporate Financing and Risk
  • Portfolio Theory and Investments
  • Term Structure and Interest Rate Derivatives
  • Research Methods in Finance
  • Seminar in Financial Engineering
  • Seminar in Financial Product Innovations
  • Financial Technology Innovations Seminar
  • Seminar in Risk Management and Alternative Investment

Key information

Duration

  • Full-time
    • 18 months

Start dates & application deadlines

More details

Application for August intake open from 1 October current year to 15 March following year.

Language

English
IELTS or TOEFL needed

Delivered

On Campus

Academic requirements

GPA admission requirements GPA Your GPA, or Grade Point Average, is a number that indicates how well or how high you scored in your courses on average. Usually a GPA scales between 1.0 and 4.0, however different countries and universities can have different grading systems.
GRE admission requirements GRE® The GRE® General Test is a widely administered admissions test that measures the skills needed in today's graduate and business school programs worldwide. It contains three sections - Verbal Reasoning, Quantitative Reasoning, and Analytical Writing. Three scores are reported: a Verbal Reasoning score on a 130 - 170 score scale in one-point increments, a Quantitative Reasoning score on a 130 - 170 score scale in one-point increments, and an Analytical Writing score on a 0 - 6 score scale in half-point increments.
GMAT admission requirements GMAT The Graduate Management Admission Test (GMAT) is a test intended to assess certain analytical, writing, quantitative, verbal, and reading skills in written English for use in admission to a graduate management program, such as an MBA. GMAT contains 4 sections - Analytical Writing Assessment, Integrated Reasoning, Quantitative and Verbal. The score has a range from 200 - 800.

English requirements

IELTS admission requirements IELTS The International English Language Test System (IELTS) tests your English-language proficiency on a scale of 1 – 9. The score refers to the combined average score of 4 subjects (writing, listening, speaking, and reading).
TOEFL admission requirements TOEFL® IBT The TOEFL iBT® is given online through the internet at desiganated testing site. The test measures your English-language abilities in an academic setting. The score refers to the total score of 4 subjects (writing, listening, speaking, and reading), each subject has a range of 0 - 30.
PTE Academic admission requirements PTE Academic PTE Academic (Pearson Test of English Academic) is a language test that enables students to demonstrate their writing, listening, speaking, and reading skills when applying to study in English. The score refers to a total score which ranges between 10 and 90.

Other requirements

General requirements

  • Good 4-year undergraduate degree or an honours degree.
  • Good GMAT or GRE score.
  • Good TOEFL or IELTS score if English was not the medium of instruction in undergraduate studies.
  • Relevant work experience will be an advantage

Tuition Fee

  • International

    25329 USD/year
    Tuition Fee
    Based on the original amount of 37994 USD for the full programme and a duration of 18 months.
  • National

    25329 USD/year
    Tuition Fee
    Based on the original amount of 37994 USD for the full programme and a duration of 18 months.

SGD52,000

Funding

All MFE applicants who have accepted the admissions offer will be automatically considered for the RMI Scholarships. Each scholarship will be granted either a full or a partial tuition waiver of $8,000 for the Program. A paid MFE internship will also be available to full scholarship holders.

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
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National University of Singapore

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