MSc Financial Engineering (MFE)
A one-year programme covering financial mathematics, derivatives and risk, with a heavy computing strand in object-oriented programming. Students may spend a seven-week final term at Carnegie Mellon for a CMU certificate.
What you’ll study
Core
- Calculus & Linear Algebra
- Stochastic Modelling in Asset Pricing
- Stochastic Calculus for Finance
- Probability & Statistics
- Linear Financial Models
- Financial Time Series Analysis
- Simulation Methods (CMU)
- Corporate Finance
- Asset Pricing Theory
- Bond Portfolio Management
- Equity Portfolio Management
- Derivative Securities
- Interest Rate Derivatives
- Financial Risk Management
- Advanced Risk Management (CMU)
- Studies in Financial Engineering (CMU)
- Term Structure: Theory & Practice (CMU)
- Object Oriented Programming I
- Object Oriented Programming II
- Financial Computing (CMU)
- Financial Engineering Project (CMU)
- FN6816 Seminar in Special Topics
Electives
- Numerical Methods for Financial Instrument Pricing
- Advanced Statistical Modelling
- Optimisation in Finance
- Monetary Economics
- Financial Accounting
- Exotic Options & Structured Products
- Credit Risk - Measurement & Management
- Advanced Topic in FE Studies - Quantitative Management of Bond Portfolio
- Trading Analytics and Processes
- Programming Web Applications in Finance
- Artificial Intelligence Techniques in Finance
Source: ntu.edu.sg ↗
Before you apply
- Background
- Degree in science, engineering, economics or other quantitative fields; other disciplines considered
- Maths
- Calculus & Linear Algebra (compulsory mathematics preparatory course offered before the programme)
- Programming
- Optional preparatory courses in programming and finance
- Tests
- Good GMAT or GRE required (optional for NTU SPMS graduates with Honours (Distinction) or above)
- English
- TOEFL iBT 100 or IELTS 6.5 if English was not the medium of undergraduate instruction
- Other
- Work experience preferred, not required; rounds: 30 Nov 2026, 31 Jan 2027, 31 Mar 2027 for July 2027 intake
Source: ntu.edu.sg ↗
After graduation
- Employers
- Goldman Sachs, GIC, Amazon, Apple, Microsoft, Deloitte Consulting, BCG, McKinsey & Company, PwC, Shopee
Source: ntu.edu.sg ↗
Want to see what employers ask for? Browse open quant roles.
What students and graduates say
Threads from QuantNet and other forums where applicants, students and graduates discuss this programme. They’re personal views and may be out of date.
- NTU MSc Financial Engineering (QuantNet)
- Why MFE at NTU, Singapore (QuantNet)
- COMPARE NUS MSFE vs NTU MSFE vs NUS MSQF (QuantNet)
- US schools vs NTU (QuantNet)
- NTU - MS in Financial Engineering (QuantNet resource) (QuantNet)
Employers on the career page are listed for all NBS graduate programmes, not MFE alone. An 'Employment Highlights' download and class profile exist but were not readable. Requires 20 core and 4 elective courses; up to 3 core courses may be exempted. Tuition not found on pages read.
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.