Financial Engineering

We teach the skills needed for quantitative analysis of financial instruments and markets. Our graduates are able to take these tools to corporations, financial institutions, and regulatory bodies, to use these markets to manage risk effectively today – and to develop the techniques and institutions to manage the new risk challenges of tomorrow.

Over the years, thirteen members of the faculty and eleven members of the alumni at the University of Illinois at Urbana-Champaign have received the Nobel Prize in Sciences and Economics. Ten of the Pulitzer Prize winners are from the Faculty and Alumni of this University. More than eighty members of the current faculty are on the National Academy of Sciences, and about fifty members of the National Academy of Engineering are on the faculty at the University of Illinois at Urbana-Champaign.

• Introduction to Finance

• Financial Economics

• Statistical Methods in Finance

• Financial Computing

• Professional Development

• Financial Derivatives

• Risk Management

Minimum grade point average:Undergraduate: 3.25 (A=4.00) for last 60 hours of studyGraduate: 3.50 for any previous graduate work completedApplication ChecklistComplete an online applicationPay application fee as part of your online application ($70 domestic/$90 international)Upload certified transcripts and degree certificates to ApplyYourself application*Provide official Gre or Gmat scoresProvide 3 letters of reference. They must be sent electronically from a university or company email address, or be signed and appear on official letterhead.Provide a resume with exact dates of employment (note: work experience is not required for Master of Science in Financial Engineering)Provide a purpose statement: In 300 words or less, describe your area of interest and what your goals are upon completion of the Master of Science in Financial Engineering program (note: you do not need to provide 1500 words as requested in the on-line application) English Language Requirements IELTS band: 7 TOEFL paper-based test score : 613 TOEFL iBT® test: 103

Accreditation

The U.S News and World Report rank the College of Engineering at the University of Illinois at Urbana-Champaign as the sixth best for Graduate Programs in the US.