MSc in Financial Engineering (FERM, thesis and non-thesis) (FERM)
A finance-engineering master's in a business school with two electives tracks: financial risk management and financial data analytics (machine learning, big data, FinTech). Supported by the Center for Financial Engineering; strong graduates get priority for Özyeğin's financial engineering PhD.
What you’ll study
Core
- Applied Financial Economics I
- Applied Financial Economics II
- Derivatives Best Practice
- Portfolio Management
- Financial Engineering I
- Financial Engineering II
- Financial Ethics
- Applied Financial Econometrics I
- Applied Financial Econometrics II
Electives
- Applied Asset and Liability Management 1
- Applied Asset and Liability Management 2
- Demystifying Turkish Economic Data
- Financial Markets, Institutions, and Instruments
- Financial Modeling and Business Valuation
- Fixed Income in Emerging Markets
- Macroeconomic Projections and Scenario Analysis
- Financial Technologies (FinTech)
- Quantitative Asset Management
- Quantitative Trading
- Risk Management in Financial Institutions
- Macroeconomic Policy and Central Banking
- Blockchain and Crypto Assets
- Big Data Management
- Customer Analytics
- Data Analytics and Statistical Learning
- Machine Learning and Deep Learning
Source: gsb.ozyegin.edu.tr ↗
Before you apply
- Background
- Four-year bachelor's degree (graduates or graduating)
- Tests
- GRE or ALES for Turkish citizens; foreign nationals exempt from ALES (no minimum found)
- English
- TOEFL iBT >= 78, YDS/YOKDIL >= 65, PTE >= 75 or TRACE >= 70
- Other
- Transcripts, two recommendations, CV; interviews by invitation (older GSB page, 2017 deadlines)
Source: ozyegin.edu.tr ↗
After graduation
The programme doesn’t publish an employment report.
Want to see what employers ask for? Browse open quant roles.
Applications open for Fall 2026-27. Duration, class size and outcomes not found. English and ALES details are from search-result summaries and an older GSB page and may differ.
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.