Master of Financial Engineering

University of Canterbury

Master's degree

Study Discipline: Engineering & Technology

Study Programme Details

City: Christchurch

Country: New Zealand

Admission Sessions: Autumn Session

Study Format: Full Time

Mode of Study: Fully on Site

Visit Programme Website

Programme Type

Master's degree

Duration

12 Months

Scholarship Available

Yes

Language

English

About this Study Course

Dive into the intricate world of finance with the Master of Financial Engineering (MFEng), a cutting-edge program designed to bridge the gap between theory and practice. Financial engineering is not just about numbers—it’s about leveraging mathematical and computational tools to navigate the complex terrain of financial markets, products, and regulations. At the heart of this interdisciplinary field lies the pursuit of innovation and risk management, where graduates emerge as architects of financial solutions poised to drive impact in the global economy.

Overview

Prepare for a transformative journey into the realm of financial engineering with the Master of Financial Engineering (MFEng), a program tailored for aspiring professionals with a passion for mathematics and statistics. Through a rigorous curriculum that marries theoretical insights with real-world applications, students acquire industry-level skills and knowledge essential for success in the dynamic landscape of finance. Join us as we unravel the mysteries of financial markets, equip yourself with cutting-edge tools, and embark on a journey towards mastery and innovation.

Admission Requirements

a bachelor’s degree with a B+ Grade Point Average in 300-level courses; and
completed specified 200-level MATH and STAT courses (or equivalent courses); and
been approved to enrol.
CAE or CPE: Score of 176 with a minimum of 169 in reading, writing, listening and speaking
IELTS Academic: An average score of 6.5, with a minimum of 6.0 in reading, writing, listening and speaking
NZAPA: English New Zealand Accredited Pathway Assessment Level 3
NZCEL: Level 5
Pearson Test of English (Academic): PTE with an overall score of 58
TOEFL iBT: Total minimum score of 90, minimum score of 19 in reading, writing and listening

Compulsory Courses:
- STAT456 Time Series and Stochastic Processes
- MATH412 Optimization
- FINC612 Derivative Securities
- FINC623 Advanced Derivative Securities
- COSC480 Computer Programming
Further Courses:
- 30 points from MATH and STAT 400-level courses
- 15 points from FINC624, FINC628, FINC629, or other FINC 600-level courses as approved
- 15 points from MATH, STAT, or FINC 400 or 600-level courses
Research Project:
- FENG601 Applications of Financial Engineering

Domestic — $12,791
International — $63,300

Future Career Outcomes

Unlock a world of opportunities as a Master of Financial Engineering graduate, where your expertise in quantitative finance opens doors to a myriad of career paths. From Wall Street to Silicon Valley, financial hubs around the globe seek professionals adept at navigating the complexities of modern finance. Whether pioneering algorithmic trading strategies or optimizing investment portfolios, your MFEng credentials position you as a sought-after asset in today’s competitive job market.