MS in Financial Engineering UK/Europe
Imperial College London - MSc Risk Management & Financial Engineering
Admission to the MSc Risk Management & Financial Engineering program is very competitive. The selection committee is looking for candidates that have an undergraduate degree in a highly mathematical discipline. Students are expected to be proficient in calculus, probability, matrix algebra and real analysis. A score of 750 (old test) or 159 (new test) in the quantitative section of the GRE will look good on your application.
It is also encouraged to have a working knowledge of programming languages like C++, Matlab, and GAUSS.
The total fees for the program come to 29,000 pounds. There is some funding in the form of Imperial College Business School scholarships.
University of Oxford - MSc in Mathematical and Computational Finance
This University of Oxford program is for candidates with proven and potential academic excellence. A first-class or upper second-class undergraduate degree in Mathematics or a related discipline is a minimum requirement. Applicants are expected to have taken calculus, linear algebra, probability and partial differential equations toward their degree. A basic knowledge of programming and algorithms is also expected.
The GRE or GMAT is not required for admission. The Mathematical Finance program is world-renowned.
Technical University of Denmark
DTU has excellent MSc program in "Mathematical Modelling and Computation". The program focuses on scientific computing, operational research, image analysis, machine learning, financial engineering etc. The program is taught in English. The duration of program is two years. To qualify you need a BS degree in Engineering or natural science (your degree must be less than ten years old).
KU Leuven, Belgium
KU Luven, One of the top universities of the world offers MSc in Actuarial and Financial Engineering (focus is on actuarial science and quantitative risk). It is a two year program taught in English. Non English speakers are required to submit TOEFL/IELTS score. You also need to submit GRE or GMAT score.
Tuition Fees (EU): € 910/yr
Tuition Fees (Non-EU): € 1750/yr
University of Manchester - Quantitative Finance: Financial Engineering MSc
This is a 12 months full-time program. A U.K. bachelor's degree with first or upper second class honors is necessary for admission. The overseas equivalent of these qualifications is also fine, and the admission committee will look closely at the grade average, standing at the institution, position in class and references. Furthermore, excellent results in quantitative subjects such as econometrics, mathematical statistics, and differential equations will set your application apart.
The tuition fees for UK/EU students and international students are the same at 22,000 pounds. There are some Manchester Business School scholarships available for students. International students might want to check out the Chevening Scholarships. Citizens of a developed Commonwealth country should look into the Commonwealth Scholarships.
This course is perfect for those looking for a career in finance and banking and who wish to make a lot of money. You will gain the ability to identify the risks associated with various financial instruments and market trading strategies.
Malardalen University - M. Sc. Financial Engineering
This is a two-year program offered at the Malardalen University in Vasteras in central Sweden. Advanced financial software and programming will be extensively used. A bachelor's degree is required for entry into the program, and the candidate would have preferably taken a lot of math including probability theory and statistics.
Some of the courses that candidates can expect to take are applied matrix analysis, Java and analytical finance, portfolio theory, actuarial mathematics, and operations research among others.
The tuition fee is 16,000 Euro for a year for non-EEA students. For EEA candidates, there is no tuition fee. There are scholarships available even for international students. The selection committee is looking for top academic results.
University of Warsaw - M.A. Quantitative Finance
The requirements for entry into this program are many. Applicants are expected to have taken mathematical calculus, probability calculus, econometrics and mathematical statistics towards their bachelor's degree. Students will be equipped with how to use C++ programming in the world of finance upon completion of the M.A. Quantitative Finance degree.
Students are encouraged to use economic analysis in an array of finance-related problems. The program ensures that students can handle complicated derivatives pricing models. Alumni have entered successful careers in risk management, quantitative trading, financial forecasting and quantitative asset management among others.