The Best Schools for Financial Engineering

Financial engineering programs teach quantitative analysis and advanced financial theories. The program can generally be found in a university's business or engineering departments. Students with financial engineering degrees go on to work as asset managers and traders. Many experienced financial employees are going back to school for financial engineering degrees, according to The Wall Street Journal.
  1. Kent State University

    • The financial engineering curriculum at Kent State University emphasizes advanced quantitative skills. Classes are held year round and include computational financial and legal issues in financial financial engineering. You can take workshops before each semester to refresh your memory on business-related topics. The program is certified by the International Association of Financial Engineers, which has guidelines and resources for this emerging field.

      Kent State University

      MSFE Program Administrator

      475 Terrace Drive, Room 434

      PO Box 5190

      Kent, OH 44242

      330-284-2455

      business.kent.edu

    Cornell University

    • Cornell University awards a master's degree in engineering with a concentration in financial engineering. The classwork is team-oriented and students work on real projects that require problem-solving and consulting with a client. This collaborative focus is part of every course including stochastic process and portfolio analysis. During the summer, students participate in internships for credit. Applicants to the financial engineering program must have prerequisites in advanced financial classes such as statistics.

      Cornell University

      Operations Research

      206 Rhodes Hall

      Ithaca, NY 14853

      607-655-4856

      orie.cornell.edu

    Columbia University

    • You can earn a master's degree in financial engineering from the Fu Foundation School of Engineering and Applied Science at Columbia University. The program blends computer science and business topics to prepare students for financial careers. The school also helps students get internships. The curriculum is one year long and students must attend each semester with a full load of classes. In addition to advanced financial engineering courses, you can take two electives outside of the department.

      Columbia University

      Industrial Engineering and Operations Research Department

      Room 313

      School of Engineering and Applied Sciences

      500 W. 120th St.

      New York, NY 10027

      212-854-2942

      ieor.columbia.edu

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