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Financial Engineering, M.Sc.

  • Application Deadline
  • 12 months
    Duration
University rank #11 (QS) ,
 A unique graduate programme, the Master of Science in Financial Engineering empowers you to succeed as a dynamic professional in the world of high technology finance. Learn from world class faculty and industry seasoned professionals how to implement solutions in areas such as risk management, product structuring, quantitative trading, quantitative research and financial information technology. 

About

The 1-year programme is rigorous and intense, and is designed for those with a strong drive and focus to penetrate the top tiers of the finance industry. The curriculum emphasises teamwork and communication in real life corporate settings, seamlessly integrating current financial theory and computational methods with practical knowledge.

You will get opportunities to learn from experts from a diversity of disciplines, spanning finance, computing and mathematics. Close interaction with both faculty and industry professionals will enable you to amalgamate real-life experience with academic research to enrich your understanding of today’s financial world.Highlights of the MFE programme:
  • 7 weeks at Carnegie Mellon University, USA
  • Expertise from 2 NTU schools - Nanyang Business School (NBS) and School of Physical and Mathematical Sciences (SPMS)
  • World class faculty
  • Insights from industry professionals
  • State-of-the-art infrastructure
  • Strong alumni network
The programme will equip you with concepts and techniques in Finance, Computer Science and Mathematics. You will learn how to apply sophisticated engineering tools to financial problems, utilising complex analytical and quantitative methods, enabling you to tackle challenging problems in high-technology finance.

Accreditation

Nanyang Business School is the first business school in Singapore, and the third in Asia, to be accredited by both the European Quality Improvement System and Association to Advance Collegiate Schools of Business. NBS is also one of only 10 business schools outside of the US to be accredited with the AACSB in Accounting. 

Programme Structure

Courses include:
  • Calculus & Linear Algebra
  • Stochastic Modeling in Asset Pricing
  • Stochastic Calculus for Finance
  • Probability & Statistics
  • Linear Financial Models
  • Financial Time Series Analysis
  • Numerical Methods for Financial Instrument Pricing(E)
  • Simulation Methods for Option Pricing (CMU)
  • Advanced Statistical Modeling (E)
  • Optimization in Finance (E)

Audience

Graduates from the MFE programme work primarily in the financial services industry. Careers vary but usually revolve around risk management, quantitative asset management, product structuring, quantitative trading, quantitative research, financial information technology as well as other areas in high-technology finance.

Detailed Programme Facts

  • Deadline and start date We did our best, but couldn't find the next application deadline and start date information online.
  • Programme intensity Full-time
    • Full-time duration 12 months
  • Languages
    • English
  • Delivery mode
    On Campus

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score:

    100

    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:

    600

    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®
  • 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

Academic Requirements

  • You need the following GMAT score:

    Required score: 600

    The GMAT - or Graduate Management Admission Test - is a frequent requirement for admission at management and business schools across the world. The GMAT score ranges between 200 and 800 and measures the verbal and quantitative reasoning of test-takers.

General Requirements

  • A good undergraduate degree in applied mathematics, applied science, statistics, computer science, engineering, economics, or other quantitative fields. We will also consider applicants from other disciplines.
  • A good GMAT or GRE score.
  • A minimum of two years relevant working experience after obtaining the first degree is preferred, but not required.
  • TOEFL is required if the medium of instruction during your undergraduate studies was not in English. IELTS is accepted in place of TOEFL.

Tuition Fee

  • International

    42400 USD/year
    Tuition Fee
    Based on the original amount of 42400 USD per year and a duration of 12 months.
  • National

    22800 USD/year
    Tuition Fee
    Based on the original amount of 22800 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.
  • Singapore Citizen: S$28,500
  • Singapore Permanent Resident: S$31,500
  • Foreigners with 3 years Service Obligation: S$37,500

Living costs for Singapore

  • 1878 - 3880 SGD/month
    Living Costs

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

Funding

  • MAS Finance Scholarship Programme (FSP)
  • ASEAN Graduate Scholarship

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.

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