
The Master of Science in Financial Engineering is a two-year, full-time on-campus program that focuses on the application of mathematical methods, statistical analysis, and computational techniques to financial markets and decision making. The program combines finance theory with advanced quantitative tools, preparing students to understand and manage complex financial systems in a data-driven environment.
Graduates will be prepared for careers in risk management roles, financial analysis, and quantitative finance positions within banks, investment firms, and financial institutions. The program also provides a strong foundation for doctoral studies in finance or related quantitative fields. Quantitative finance skills are a key focus, enabling students to develop advanced models for pricing, risk assessment, and investment strategies.
Semester 1 – Foundations of Financial Engineering
• Introduction to Financial Mathematics
• Financial Markets and Instruments
• Risk Management and Quantitative Finance
• Research Methods in Financial Engineering
Semester 2 – Advanced Financial Engineering
• Computational Finance and Algorithmic Trading
• Stochastic Processes and Option Pricing
• Financial Risk Modeling and Management
• Elective Modules in Financial Engineering
Semester 3 – Specialized Financial Engineering
• Financial Derivatives and Portfolio Optimization
• Fixed Income Securities and Credit Risk
• Advanced Topics in Financial Modeling
• Fieldwork/Research Project in Financial Engineering
Semester 4 – Master’s Thesis & Final Project
• Independent Research / Thesis
• Advanced Topics in Financial Engineering
• Final Presentation & Research Evaluation
Graduates of the Financial Engineering program are well-prepared for careers in financial modeling, risk management, and quantitative analysis. They can work as financial engineers, risk analysts, portfolio managers, and quantitative analysts. The growing reliance on data-driven decision-making in the finance sector ensures strong career opportunities in banking, investment firms, and insurance companies. Graduates often work in financial institutions, hedge funds, and consultancy firms, applying engineering techniques to finance and investment strategies.
The Financial Engineering program provides students with expertise in financial modeling, risk analysis, and quantitative finance. Students gain a solid foundation in financial theory, statistics, and programming, preparing them for roles in finance and investment analysis. The program’s emphasis on mathematical modeling and computational finance ensures that graduates are ready to tackle complex financial challenges in a rapidly evolving market.
For further information, please contact the admissions office at:
Phone: +46 21 10 13 00
Email: info@mdh.se
Address: Malardalen University, Hogskoleplan 1, 722 20 Vasteras, Sweden