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Master's degree

Master of Financial Engineering

MFEng
03 October 2023

UC's Master of Financial Engineering (MFEng) equips you with industry-level skills and knowledge, and provides opportunities to apply those skills. Learn more about studying an MFEng through our Te Kaupeka Pūtaiao | Faculty of Science.

DURATION

Master of Financial Engineering

Degree Structure - Duration
1 year full-time

START

Master of Financial Engineering

Degree Structure - Start In
Semester 1 (February)

POINTS

180

TUITION FEES

2024 tuition fees estimate per 180 points:

  • Domestic — $12,791
  • International — $63,300

Overview


Master of Financial Engineering

Introduction

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.


Engineering and Physical Sciences Library Students Studying

Master of Financial Engineering

Entry Requirements - Body

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.

See Admission and enrolment for all information on enrolling at UC.

Master of Financial Engineering

Subjects and Courses - Body

Subjects and courses

Further courses

Master of Financial Engineering

Career - Body

Career opportunities

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 Pūtea Matua | Reserve Bank, Kaitohutohu Kaupapa Rawa | Treasury, or regulatory bodies).

Useful information:

2024 tuition fees estimate (per 180 points):

  • Domestic — $12,791
  • International — $63,300

2023 tuition fees estimate (per 180 points):

  • Domestic — $12,526
  • International — $61,500

SSL estimate (per 180 points):

  • 2024 — $1375.50 (capped at 150 points per academic year)
  • 2023 — $1240.50 (capped at 150 points per academic year)

Master of Financial Engineering

Degree Structure - Body

How do I plan my degree?

In the MFEng you will complete 180 points, made up of coursework and an applied research project.

The programme is taught over two semesters, followed by the project work. It can take 1 year to complete, or up to 3 years part-time.

For full requirements, see the Regulations for the Master of Financial Engineering.

Brochures

Postgraduate Prospectus 2024

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