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Master's programme in Financial Engineering

  • fiber_manual_record Credits 120  credits
  • home Study location Västerås
  • access_time Time 2 years  (full time)
  • timeline Education level Second cycle

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.

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"The main financial engineering courses were taught by leading professionals"

David Brown

Former student

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The programme

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.

Research is concentrated 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.

The teachers of the programme are lecturers from both academia and the financial industry.

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.

 

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Course overview for programme

Year 1

Mathematics/Applied Mathematics

100%

Year 2

Mathematics/Applied Mathematics

100%

Occasions for this programme

Autumn 2023

  • Master's Programme in Financial Engineering

    Scope

    120 credits

    Start

    Autumn 2023 (start 2023-08-28)

    Time and study pace

    2 years (full time)

    Education level

    Second cycle

    Application code

    MDU-41950

    Language

    English

    Study location

    Västerås

    Specific requirements

    A completed Bachelor's degree from an institution of higher education of three years or more, equivalent to 180 credits, of which at least 60 credits in Mathematics including probability theory and statistics. A TOEFL test result, with a minimum score of 575 with a TWE score of at least 4.5 (PBT) or 90 with a TWE score of at least 20 (iBT) or an IELTS test result with an overall band score of at least 6.5 and no band score below 5.5 or equivalent is required.

    Selection

    Guaranteed Place

    Degree

    Degree of Master

    Tuition fee

    For students outside EU/EEA
    Per installment prior to each semester: 67500 SEK
    Annual tuition fee: 135000 SEK
    Total programme fee: 270000 SEK

     

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Application and admission

Great that you are interested in Mälardalen University. One of the first questions are often about how and when to apply. That and more will be answered on this and related pages.

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Mälardalen University scholarship programme

Every year Mälardalen University offers a limited numbers of scholarships to students applying for a Master's programme with us as their first choice.

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Chat with our ambassadors

Meet our international student ambassadors and your new buddies.

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