Master's programme in Financial Engineering
fiber_manual_recordEducation level CreditsSecond cycle 120 credits
access_timeTime2 years full time
The Master's programme in Financial Engineering provides you with advanced qualifications in mathematics and finance, covering a wide range of topics from the management of financial portfolios to risk analysis in financial markets. As a graduate you will be in demand for senior positions in the international world of finance.
For students outside EU/EEAPer installment prior to each semester: 67500 SEKAnnual tuition fee: 135000 SEKTotal programme fee: 270000 SEK
Apply in Västerås autumn 2024
Financial Engineering is a carefully designed Master's programme, belonging to the popular educational area of financial engineering. Focusing on both theoretical and quantitative computer-based methods of financial analysis, the programme provides an advanced basis in mathematics, oriented towards financial real-life problems.
Program content concentrates on financial mathematics, financial engineering, financial and risk management software, actuarial mathematics, applied statistics, stochastic processes and simulation. To prepare you for a senior position in finance, advanced financial software and programming languages are systematically used in the teaching process. You also have the opportunity to be involved in research activities.
Your teachers are professionals in the financial sector or researchers at the university. This means that you will benefit from the latest research in the field while having close contact with the financial sector.
This Master's programme is internationally oriented and is taught entirely in English.
Employment and Future Prospects
As a graduate you will have very competitive advanced qualifications for obtaining senior positions in a bank, on the stock exchange, in an investment company, insurance or financial software company, in government or a financial institution.
Alumni from the programme can be found in senior positions all over the world.
You will also have the opportunity to continue your education at the Ph.D. level at Mälardalen University or at another high-quality educational institution or university anywhere around the globe.
Programme structure and content
If you study full-time, you study 30 higher education credits (hp) per semester. Courses can run at different paces and be of different lengths. As a program student, you have a guaranteed place for courses in your program and you study the courses in a specific order. Some courses within a program are mandatory and some are optional.
- MMA701 Stochastic Processes 7.5 credits
- MMA713 Actuarial Mathematics 7.5 credits
- MAA324 Portfolio Theory I 7.5 credits
- MMA707 Analytical Finance I 7.5 credits
- MAA315 Operations Research 7.5 credits
- MAA709 Mathematical Statistics and Financial Software 7.5 credits
- MMA702 Time Series Analysis 7.5 credits
- MAA045 Master's Degree Project in Mathematics 15 credits
- MAA313 Simulation 7.5 credits
- MMA712 Differential Equations in Finance 7.5 credits
- MAA518 Portfolio Theory II 7.5 credits
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