Dual MS in Finance and Financial Engineering
The dual MSFIN-MSFE degree is designed for students that aspire to a career in the financial services sector or a position of leadership in the chief financial office of any firm. The combination of these two degrees encompasses a great mixture of financial education and creates a well-rounded professional. This dual degree can equip Master’s in Finance students with a quantitative component and specialized knowledge of areas in Financial Engineering; conversely, Master’s in Financial Engineering students will gain the financial management skills to succeed in the front office of a financial services firm, or in the chief financial office of any firm, accelerating their growth into positions of leadership and opening a more diverse selection of career choices. The students will earn two separate master’s degrees in this dual degree program.
This dual program offers an exceptional combination of finance skills with deep and practical knowledge of all relevant aspects of financial engineering. Financial engineering is appropriate for finance professionals with a more quantitative set of skills and interests than the others, as it incorporates a unique blend of courses on stochastic calculus, securities pricing, portfolio theory and financial technology with corporate finance, managerial economics, econometrics, financial statement analysis, asset class specifics and other areas of traditional finance.
Students in this program benefit from close interaction with an internationally recognized faculty body with diverse educational and professional backgrounds in both programs within the School of Business, from the in-classroom, online and hybrid formats of the classes offered, including summer classes, and networking opportunities with alumni from both programs and other industry professionals.
Dual MS-MBA in Finance Degree Requirements
This is a 54-credit program, comprised of Finance Core Courses, Financial Engineering Core Courses, and electives.
Finance Core
Students are required to take 7 core courses (for a total of 21 credits), along with 3 one-credit lab courses (for a total of 3 credits).
Financial Engineering Core
Students are required to take 6 core courses, for a total of 18 credits.
| FE 610 | Stochastic Calculus for Financial Engineers | 3 |
| FE 620 | Pricing and Hedging | 3 |
| FE 621 | Computational Methods in Finance | 3 |
| FE 630 | Portfolio Theory and Applications | 3 |
| FE 680 | Advanced Derivatives | 3 |
| FE 800 | Project in Financial Engineering | 1 - 6 |
Financial Engineering Core
Students can take 4 elective courses, either in Finance (FIN) or Financial Engineering (FE). These courses should be chosen with a student's faculty or academic advisor.