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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 at Nanyang Technological University empowers you to succeed as a dynamic professional in the world of high technology finance. 

About

The 1-year Financial Engineering programme at Nanyang Technological University 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.

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)

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:

    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®

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

    19250 USD/year
    Tuition Fee
    Based on the original amount of 19250 USD per year and a duration of 12 months.
  • National

    12600 USD/year
    Tuition Fee
    Based on the original amount of 12600 USD per year and a duration of 12 months.
  • In-State

    9000 USD/year
    Tuition Fee
    Based on the original amount of 9000 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 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

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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