Financial Engineering - Master [less than a year]
$77,872 /Yr On-campus full_time

Master of Science [M.S] Financial Engineering

  • Master of Financial Engineering at the University of California Los Angeles is a 15 months program.
  • It is an on-campus program offered on a full-time basis.
  • UCLA Anderson is one of the few top-tier business schools worldwide to offer the MFE degree.
  • The dynamic curriculum, taught by a world-renowned finance faculty, merges technical and theory-based pedagogy with practical immersion through a summer internship and a corporate-sponsored applied finance project.
  • Students earn 70 units through coursework and the hands-on Applied Finance Project
  • The student-faculty ratio of the program is 3:1.
  • During the summer quarter, MFE students work on a required Internship.
  • Students have to complete a 7 months research project and it consists of 4 students per team.
  • The job placement rate (6 Months) of UCLA is 94%.
  • The recently hiring organizations are Barclays Capital, BlackRock, Goldman Sachs, Google, Moody's, Morgan Stanley, New York Federal Reserve, PIMCO, Research Affiliates, and Thomson Reuters.
  • With the help of the MFE program, student's quantitative skills can help to solve the complex and creative challenges of today’s financial markets. University prepares graduates careers in:
    • Risk Management
    • Money Management
    • Derivative Pricing
    • Private Equity
    • Data Analytics
    • Technical Operational Areas of Corporate Finance

Tution & Application Fees

Year Year 1
Tuition Fees $65904
Health Insurance $4714
Books and supply $627
Other Fees $6627
Total Fees $77872

Examinations

Exam Type Exam Name Score Out of Score Exam Level
IELTS International English Language Testing System 7 9 3
TOEFL Test of English as a Foreign Language 87 120 3
GRE Graduate Record Examination 326 340 2

Academic Eligibility:

  • Students must complete a bachelor's degree or equivalent from a recognized institution.
  • A GPA of 3.75 out of 4.0 is required in the last two years of undergraduate coursework.
  • computational programming skills (for example, C++) are required and students must have familiarity with computers as computational and management tools.
  • Students must possess a strong quantitative background, including coursework in linear algebra, multivariate calculus, differential equations, numerical methods, advanced statistics, probability, and have strong communication skills.

Work Experience:

  • Students may have work or research experience in a quantitative discipline (recommended but not required).
  • Students have experience with statistical and econometric applications (recommended).

Indian Student Eligibility:

Indian students are eligible to apply if they meet one of the following eligibility criteria:

  • Students must complete a 4-year undergraduate degree with first class in a relevant field from a recognized institution
  • Or, students completed a master's degree with first-class in a relevant field from a recognized institution.

Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test to get admission to this program.