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Master of Financial Engineering

  • Masters (Coursework)

Financial engineering is a cross-disciplinary field combining financial and economic theory with the mathematical and computational tools needed to design and develop financial products, portfolios, markets, and regulations.

Key details

Degree Type
Masters (Coursework)
Duration
1 year full-time
Course Code
MFEng
Domestic Fees
$12,526 per year / $12,526 total
International Fees
$61,500 per year / $61,500 total

About this course

Financial engineering is a cross-disciplinary field combining financial and economic theory with the mathematical and computational tools needed to design and develop financial products, portfolios, markets, and regulations. Financial engineers manage financial risk, identify market opportunities, design and value financial or actuarial products, and optimise investment strategies.

For students with a good background in mathematics and statistics, this new Master of Financial Engineering (MFEng) will equip you with industry-level skills and knowledge, and provide opportunities to apply those skills. By directly linking real-world problems in financial engineering to an underlying theoretical framework, graduates will be capable of high-level performance in the financial industry.

The MFEng is part of a suite of qualifications for students who want to gain a breadth and depth of technical skills and knowledge across the key disciplines of finance and economics, mathematics and statistics, and computer science and software engineering.

Entry requirements

To enrol in the Master of Financial Engineering you should have:

  • a bachelor's degree with a B+ Grade Point Average in 300-level courses; and
  • completed specified 200-level MATH and STAT courses (or equivalent courses); and
  • been approved to enrol.

If you have a minimal statistics and finance background, you may be required to take FIEC601 Quantitative Finance and Economics in January-February before enrolling.

If English is your additional language, you are also required to meet UC's English language requirements.

For the full entry requirements, see the Regulations for the Master of Financial Engineering or use the admission requirements checker.

How to apply

You can apply online at myUC. Find out more about how to apply for graduate and postgraduate qualifications.

Study locations

Main Campus

Career pathways

UC Master of Financial Engineering graduates will be ready for the international workplace in the finance industry and related fields. They will also be well prepared for further study in Financial Engineering in order to attain positions at higher technical levels.

Employers range from private industries, such as banking, investment, capital industries, security, data analysis, risk management, and insurance, to the public sector (eg, Te Putea Matua | Reserve Bank, Kaitohutohu Kaupapa Rawa | Treasury, or regulatory bodies).

Useful information:

  • Read what other UC postgraduate students have gone on to achieve in their studies and careers in our student and graduate profiles.
  • Te Ropu Rapuara | UC Careers can help you to achieve the career you want, connect with employers, or find a job.
  • For research into career destinations by qualification, visit Te Pokai Tara | Universities New Zealand website.
  • Find out more about what you can do with a degree from UC.
  • Come along to an upcoming information event for prospective postgraduate students.