Financial Engineering (FE), M.Sc.

  • N/A
    Application Deadline
  • 20 months
    Duration
  • Tuition
    30000
    Tuition (Full programme)
    30000
    Tuition (Full programme)
  • English (take IELTS)
    Language
Fast-evolving financial markets constantly set new challenges while progress in quantitative tools and computer technology open up entirely new opportunities. The Financial Engineering (FE) programme is offered at the Karlsruhe Institute of Technology (KIT).
  • Overview
  • Programme outline
  • Key facts
  • Admission requirements
  • Fees and funding

About

The Master Program in Financial Engineering provides innovative solutions of pricing, hedging, trading and portfolio management problems by employing advanced mathematical methods and computer technology. Graduates will be qualified to consider challenges in the financial sector from an engineer’s point of view and to develop and optimize innovative solutions on the basis of fundamental economic laws.

Career Perspectives

Assessing and controlling different types of risks are key responsibilities in companies as well as in the financial sector. The quality of risk management processes is a crucial factor in the success or failure of the business. Increasingly complex financial products, various regulations and the enormous importance of information technology have created a great challenge both to financial and non-financial companies.

This Financial Engineering (FE) programme is offered at the Karlsruhe Institute of Technology (KIT).

Accreditation

This program is accredited by the ASIIN.

Programme Structure

Hot Topics in FE
  • Risk management: risk analysis, risk sensitiveness, risk assessment, and risk rating
  • Asset management & optimal investment portfolios
  • Derivatives: sensitivity analyses, static & dynamic trading strategies
  • Safety & security in IT systems (e.g. computational models to predict returns and to solve quant finance problems with modern software)
  • Analysis of projects regarding the associated information, service and finance products used from the innovation to the product launch and after
The content of the Master Program is divided into 10 modules: 5 Engineering Modules addressing technological topics, and 5 Management Modules providing general leadership know-how.
Modules

Engineering Modules

  • Information & Service Management
  • Global Financial Markets
  • Fundamentals in Financial Engineering
  • Advanced Financial Engineering
  • Risk Management

Management Modules

  • International Project Management
  • Finance for Executives
  • Business Strategy, Marketing & Controlling
  • Stochastic & Games
  • Law & Contracts

Audience

Professionals working in financial product-oriented service sectors, e.g.:

  • Investment and private banks
  • Corporate departments in industry
  • Insurance companies

Detailed Programme Facts

  • Full-time duration 20 months
  • Study intensity Part-time
    • Intensity Flexible
    • Duration part-time 15 months

      • Duration: part-time lecture period of ~15 months • Master thesis: project work in the company, 6 months

    • Part-time variant
      Residential
  • Credits
    90 ECTS
  • Languages
    • English
  • Delivery mode
    On Campus
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Test Scores

Before starting a programme, you need to have a basic knowledge of the English language. Find English courses on Language Learning Portal.

University Qualification

First academic degree: Bachelor, Master, Diploma, etc. (University, University of Applied Sciences, Cooperative State University) in a relevant subject, such as Engineering, Natural Sciences, Information Science or Economics. In exceptional cases other degrees may be accepted.

First university degree in:
  • Economics
  • Business informatics
  • Business mathematics
  • Industrial engineering
  • Physics
  • or a related subject
     
Basic knowledge in one of the following fields:
  • Micro- and macroeconomics
  • Finance or internal and external accounting


In exceptional cases other degrees may be accepted (e.g. depending on professional experience).


Work Experience

At least 1 year(s) of work experience are required.

  • Depending on the first degree´s level, work or 1 or 2 years of practical experience in the program subject area is required.
  • Three years of work experience are recommended. References are needed as evidence.

Tuition Fee Per Full Programme

  • EUR 30000 International
  • EUR 30000 EU/EEA

Funding

Financial Support & Scholarships

Different options exist for financing the tuition fees for the HECTOR School.

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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