As of September 7, 2021, the GRE exam is no longer mandatory.
The objective of the MS in Financial Engineering program is to train graduate students with a background in engineering, applied mathematics, or physics in the application of mathematical and engineering tools to finance.
This multidisciplinary education program involves the Viterbi School of Engineering, the Marshall School of Business and the College of Letters, Arts and Sciences (Department of Economics). Financial engineering uses tools from finance and economics, engineering, applied mathematics and statistics to solve problems such as the valuation of derivative securities, strategic planning and dynamic investment strategies , risk management, etc. Graduates with these skills are of interest to investment and commercial banks, trading companies, hedge funds, insurance companies, enterprise risk managers and regulators, etc.
International students: This program is eligible for the OPT STEM extension.
Please note: Graduation requirements, course offerings, course availability, track offerings, and any other degree requirements are subject to change. Students should consult an academic advisor before enrolling in a course.
- A minimum of 30 units is required for the Master’s degree in Financial Engineering
- Each study plan requires prior written approval from the program’s contact faculty
- Compulsory courses: 18 credits
- 2 elective courses approved by an advisor in the fields of finance, business and economics: 6 to 8 credits
- 2 advisor-approved electives in the areas of optimization, simulations and stochastic systems: 6 to 8 credits
- A minimum cumulative GPA of 3.00 is required for graduation