MS in Financial Engineering

MS in Financial Engineering

University of Illinois at Urbana-Champaign

Champaign, Illinois, USA
MS in Financial Engineering
Duration15 Months
LevelMasters Program
  • Financial Engineering (FE) is the application of quantitative methods to the analysis of financial markets and financial products
  • The quantitative techniques may include Mathematics, Statistics, Computer Science, Machine Learning, Neural Nets, and generalized Data Analytics
  • The Master of Science in Financial Engineering (terminal masters) can be completed in 15 or 24 months, beginning in August each year. The second and subsequent semesters allow students the flexibility to pursue specialized tracks within the program, such as data analytics and electronic trading
Fees componentsAmount
Tuition & fees3398336 INR
Hostel & Meals832006 INR
Insurance135787 INR
Campus Fee367372 INR
Books & Supplies131832 INR
Other Expenses226312 INR
Housing Application Fee3662 INR
Total1696971 INR

Entry Criteria

Class 12thNo specific cutoff mentioned
Bachelors3.5 GPA
  • Bachelor’s degree, or bachelor equivalent, typically in an engineering field, mathematics, physics, computer science, or economic
  • All applicants are expected to have a minimum grade point average of at least 3.25 (A=4.00) for the last two years of undergraduate study and a 3.50 for any previous graduate work completed
  • Prerequisites:-
    • Calculus
    • Probability and Statistics
    • Linear Algebra and Differential Equations
    • Programming (preferably in C/C++)
  • Knowledge of basic finance is helpful but not required
ExamsTOEFL: 103

IELTS: 7
  • A minimum score of 6.0 in each section

GRE: Accepted

GMAT: Accepted
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