The Master of Science Program
The Master of Science in Financial Engineering (FE) is a 33-credit program designed to provide students with the skills required to operate at the cutting-edge of financial engineering in today’s financial services industry. The program is rigorous, demanding and selective. The MS in Financial Engineering is a well-established program with a diverse curriculum. Our faculty are recognized leaders in their fields, all with extensive practical expertise. They produce world-class research while teaching both introductory and advanced courses in small class settings. The financial and practical components of the educational program have been further strengthened by developing a large and versatile body of adjunct faculty consisting of leading financial market practitioners from major Wall Street firms as well as international affiliated faculty. These adjunct faculty members work closely with full-time faculty emphasizing both applied and theoretical research in bringing to financial engineering students a greater sensitivity to the needs and the demands of financial markets and the management of financial services and institutions.
To earn a Master of Science in Financial Engineering, students must complete 33 credits to qualify for graduation. The structure of the program is as follows:
- 5 core courses, each 3 credits
- Track-required courses totaling 7.5 credits
- 1 required applied lab worth 1.5 credits
- 4 general elective courses, each 1.5 credits
- 1 capstone experience of 3 credits
- Bloomberg certification (0 credits)
- Capstone assessment (0 credits)
- Total # of credits: 33
Students may choose from one of following tracks, or create their own, as they earn their degree:
The program prepares its graduates to enter fast-moving, highly rewarding careers spanning the many occupations prevalent in financial services and related industries. The educational program is continuously updated and adapted to the changing financial environment.
The Department receives a large number of applications every year. To be considered for admission into the MS in Financial Engineering program, students must have a Bachelor’s Degree from an accredited institution and proven mathematical mastery of:
- Linear Algebra
- Probability Theory
- Calculus (Advanced)
- Applied Statistics
- Computer Programming
Applicants must submit official transcripts from each institution attended as well as GRE test scores. When applicable, applicants must also demonstrate English language proficiency to be determined by the TOEFL score.
The FRE department does not accept change-of- major requests. In all instances, students must formally apply to the program. Applicants must have demonstrated proficiency in the mathematical areas listed to be considered for admission. The Department offers optional refresher courses for students who would like to brush up on their skills and to serve the population of students who have been out of academia prior to matriculating into this program.
For questions about the application process, application status or to talk to an admissions counselor, please contact:
Office of Graduate Enrollment Management and Admissions
NYU Tandon School of Engineering
Six MetroTech Center
Brooklyn, NY 11201