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Preparing your educational journey
Tuition USD 55,740 (Tuition (Year)) — International students; USD 66,888 (Tuition (Year)) — EU/EEA students
Degree MSc
Duration 12 months
Delivery On-campus
Location New York, United States
Language English

Program Overview

The Financial Engineering at Columbia University is a MSc programme in Engineering over 12 months, delivered On-campus. This programme equips graduates with advanced knowledge and practical skills for professional and academic careers in the field.

Students gain a rigorous grounding in both the theoretical foundations and applied dimensions of engineering. The programme combines coursework, research components, and practical projects that develop critical thinking, problem-solving, and specialist expertise relevant to industry and research needs.

Graduates of the Financial Engineering programme are well-prepared for careers in academia, industry, government, and the private sector across United States and internationally. The programme provides an internationally recognised qualification within the Bologna higher education framework.

Key Program Features

  1. Duration: 12 months
  2. Language of instruction: English
  3. Study mode: On-campus
  4. English requirement: IELTS 7.5
  5. Tuition: USD 55,740 (Tuition (Year)) — International students; USD 66,888 (Tuition (Year)) — EU/EEA students
  6. Location: New York City, United States, United States

Career Opportunities

Graduates of the Financial Engineering programme are prepared for diverse careers in engineering:

  1. Design Engineer
  2. R&D Engineer
  3. Project Engineer
  4. Systems Engineer
  5. Technical Consultant
  6. Engineering Manager

Program Curriculum

Course Structure

  1. Optimization Models and Methods for Financial Engineering
  2. Stochastic Models for Financial Engineering
  3. Foundations of Financial Engineering
  4. Professional Development for MSFE
  5. Monte Carlo Simulation
  6. Financial Engineering: Continuous Time Models
  7. Data Analysis for Financial Engineering

Admission Requirements

Academic Requirements

Completed applications must contain the following:

  • Completed online application form
  • Three (3) letters of recommendation
  • Official Graduate Record Examination (GRE) General Test scores, sent from ETS. Scores are valid for five (5) years. Institution code is (2111); there is no Department code.
  • Personal statement
  • Resume or curriculum vitae
  • Non-refundable application fee ($85)

In addition, applicants whose undergraduate or graduate degree was received in a country in which English is not the official and spoken language must meet the following requirements:

  • Test of English as a Foreign Language (TOEFL) or International English Language Testing System (IELTS). Official scores from ETS are required of all students who have not received an undergraduate or graduate degree in a country in which English is the official and spoken language.
  • Translation of the official transcript(s) is required if the institution(s) you attended does not issue transcripts in English. The transcript translation must be conducted by a reputable service and must be sent in addition to the official transcripts. Personal transcript translations will not be accepted.

English Proficiency: IELTS 7.5 or equivalent.

Tuition & Financial Information

Tuition Fee

USD 55,740 (Tuition (Year)) — International students; USD 66,888 (Tuition (Year)) — EU/EEA students

Tuition fees: USD 55,740 (Tuition (Year)) — International students; USD 66,888 (Tuition (Year)) — EU/EEA students

IELTS requirement: 7.5

Financial Aid & Scholarships

Contact Columbia University directly for scholarship, grant, and financial aid information for this programme. Many European universities offer merit-based and need-based funding for international and domestic students.

About Columbia University

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Columbia University

New York, United States

Columbia University is a distinguished institution of higher education committed to academic excellence, innovative research, and preparing students for leadership in their chosen fields. The...

University Profile
  • Language English
  • Duration 12 months