Master of Financial Engineering

Master of Financial EngineeringStudents who are studying to earn a Master of Financial Engineering degree will be learning about the nature of financial systems. Once they earn this degree, they will have a working knowledge of financial theories, math models, money management, corporate and business finances, investments, banking and more concerning the world’s usage of money. Graduates will be able to get into careers such as risk management officers, bankers, investment agents, money management positions, and various jobs in corporate finance and related fields. This degree is vital because money and financial situations are what keep the world moving and in order to get it done right we need people who are trained expertly.

Details About the Master of Financial Engineering Degree

Depending on the program chosen, earning a Master of Financial Engineering degree can be done in one year and usually consists of 36 to 38 earned credit hours. It is possible to earn the degree while working another job, but it depends on the place and type of course and curriculum. If earning a Master of Financial Engineering degree part time is something you’re interested in, you should look into the top online Master of Engineering programs.

Colleges that offer a Master of Financial Engineering Degree

Several colleges offer a Master of Financial Engineering program. Some of these include:

University of California-Berkeley

At the University of California at Berkeley, qualified students can take Master of Financial Engineering degree classes. These classes would be taken at their Haas School of Business and the program is 12 months long. This school has a record of being able to find job placement for 98 percent of their students as of statistics from 2009, so it is a very good program for those who want to be employed quickly after graduation. The program consists of 28 credit hours of classes with courses in economics, financial markets, behavior finances, computer financial courses, as well as empirical finance methods, and derivatives. Then, students do a 10 hour internship to finish out their courses. This internship is useful because they get to work in a real world environment.

Columbia University

Columbia University is another school with a 12 month long program for earning a Master of Financial Engineering degree. This school has the program divided into basic courses the first six months and more advanced courses the last six months. Students will learn about things such as risk management and quantitative financial topics that focus on inflation or hedge funding. Plus, they will learn about experimental finance topics that are on the horizon in the world of finance. Since the heavy load of classes is in the second half of the program, students have a way to plan and ease into the required courses.

Kent State University

Another college that offers a program to earn a Master of Financial Engineering degree is Kent State University. They require 36 credit hours and also have a 12 month degree program. However, to finish in just a year, students have to go through the summer, so if you don’t want to do this you may want to choose a different program. Students taking classes to earn a Master of Financial Engineering take classes in topics such as security and investments, computer financial topics, fixed income markets, financial math, derivatives, financial theory and practices, etc.