Universities / HSE University
Master's in Financial Engineering (MFE)
A finance-oriented master's with roughly 30% fundamentals (finance theory, macro, econometrics) and 70% professional courses on markets and portfolio design. Electives reach into derivatives, Python and deep learning.
What you’ll study
Core
- Theory of Finance
- Macroeconomics
- Econometrics
- Financial Markets, Institutions and Instruments
- Designing and Managing Investment Portfolios
- Financial Markets: Problems and Solutions
Electives
- Financial Market Analysis
- Derivative Financial Instruments
- Fundamentals of Quantitative Finance
- Python Programming Basics
- Understanding Deep Learning
- Structured Finance
Source: hse.ru ↗
Before you apply
- Background
- Competitive selection by portfolio, academic competitions or HSE entrance exams
- English
- Qualifying English exam (written and listening) or certificate; no score stated
- Other
- Portfolio; fee-paying only, no scholarship waivers
Source: hse.ru ↗
After graduation
- Typical first roles
- Analyst and department-head roles at banks, Investment/shareholder relations, Fintech, consulting, insurance
- Employers
- Sberbank, VTB, Gazprombank, Alfa-Bank, Goldman Sachs, Bank of America Merrill Lynch, Rosneft, Lukoil, KPMG
Source: hse.ru ↗
Want to see what employers ask for? Browse open quant roles.
Application deadlines not stated; contact ma_fineng@hse.ru.
Checked 6 November 2026 against the sources linked on this page. Fees, units and requirements change each year, so confirm them on the programme’s website before applying.
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