MSc in Financial Engineering

• Register for our program briefing on 12 December here, for the July 2010 intake.
• Find out more about the MFE program in the RMI Brochure 2009/2010

Introduction

The MFE is a multi-disciplinary program that combines finance, mathematics, and computing with a practical orientation to solve problems in finance. The MFE was launched in 1999 by the Centre for Financial Engineering at NUS, the predecessor to RMI. It aims to equip finance and banking industry professionals and fresh graduates with current knowledge and skills in financial innovations and technology. The domain knowledge includes financial product development, modelling of prices, hedging, investment technology, risk analyses and computational methods.

There are many MFE programs available and the RMI MFE distinguishes itself by striving to shape its students into ‘doers’ – people with the theoretical background necessary to approach complex financial problems and the practical know-how to solve these problems.

Career Opportunities

Career opportunities for financial engineers are available worldwide in commercial and investment banks, brokerage and securities firms, treasury and financial planning departments of non-financial corporations, insurance companies, consulting, investment advisories, accounting firms, government financial agencies, hedge funds, pension funds, and financial software and technology businesses. The combination of skills - understanding of complex financial strategies, financial modelling ability, and computational proficiency - is in high demand, and is difficult for employers to find in graduates of traditional MBA or quantitative degrees such as engineering, physics or mathematics.

Administration and Teaching Faculty

The MFE degree is awarded by the National University of Singapore, administered by RMI and comprises teaching staff from the Departments of Finance, Mathematics, Statistics, Economics, and the School of Computing. It is a multi-disciplinary program that draws from the established strengths of the various NUS faculties. There will be opportunities to attend lectures and seminars given by eminent professors from universities worldwide. Some modules will be co-taught by senior bankers and industrialists in the relevant field. There are also elective modules that are conducted at an intensive pace over one week that will be conducted overseas. The 2009 overseas module will be hosted by Princeton University and the University of Waterloo.