Program Overview
The Financial Engineering at University of Illinois at Urbana Champaign 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
- Duration: 12 months
- Language of instruction: English
- Study mode: On-campus
- English requirement: IELTS 7
- Tuition: USD 64,500 (Tuition (Full programme)) — International students; USD 64,500 (Tuition (Full programme)) — National students
- Location: Urbana, United States, United States
Career Opportunities
Graduates of the Financial Engineering programme are prepared for diverse careers in engineering:
- Design Engineer
- R&D Engineer
- Project Engineer
- Systems Engineer
- Technical Consultant
- Engineering Manager
Program Curriculum
Course Structure
- Introduction to Finance
- Financial Economics
- Statistical Methods in Finance
- Financial Computing
- Professional Development
- Numerical Methods in Finance
- Financial Derivatives
Admission Requirements
Academic Requirements
- Bachelor\xc2\x92s degree, or bachelor equivalent, typically in an engineering field, mathematics, physics, computer science, or economic
- 1 year of Calculus
- 1 semester of Linear Algebra and Differential Equations
- 1 semester of Probability and Statistics
- 1 semester of Programming (preferably in C/C++)
- GRE or GMAT
- TOEFL or IELTS for all applicants whose native language is not English
- Undergraduate: 3.25 (A=4.00) for last 60 hours of study
- Graduate: 3.50 for any previous graduate work completed
English Proficiency: IELTS 7 or equivalent.
Tuition & Financial Information
Tuition Fee
USD 64,500 (Tuition (Full programme)) — International students; USD 64,500 (Tuition (Full programme)) — National students
Tuition fees: USD 64,500 (Tuition (Full programme)) — International students; USD 64,500 (Tuition (Full programme)) — National students
IELTS requirement: 7
Financial Aid & Scholarships
Contact University of Illinois at Urbana Champaign 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 University of Illinois at Urbana Champaign
University of Illinois at Urbana Champaign
Illinois, US
The University of Illinois Urbana-Champaign is a public land-grant research university in the Champaign–Urbana metropolitan area, Illinois, United States. Established in 1867, it is the founding...
University Profile- Application Deadline 2015-04-18
- Start Date 2018-08-28
- Language English
- Duration 12 months