Finance Engineering, Master of Science

FINANCIAL ENGINEERING

MASTER OF SCIENCE

MS IN FINANCIAL ENGINEERING

Our rigorous, highly selective master’s program equips you with crucial skills required to operate at the cutting edge of today’s financial industry. Top students choose our program for its strong emphasis on the practical applications of financial theory.

WHAT WE DELIVER

The MSFE program curriculum provides the tools to:

¢ Wield sophisticated trading and risk management strategies in order to engineer solutions to a host of financial problems.

¢ Apply algorithmic finance to build efficient trading strategies and platforms in an increasingly technological cyber finance environment.

¢ Use analytical and numerical techniques to develop and manipulate complex derivatives, computer models, and IT for hedge funds, banks, consulting firms, and other areas of industry.

¢ Manage risk in the context of globalized markets, financial compliance, multidimensional regulatory environments, and industry convergence across the financial spectrum.

HOW WE DO IT Personalized Academic Experience

We don’t believe in the “one-size-fits-all” approach. As a part of the MSFE program at NYU Tandon, you will have the ability to tailor your academic experience based on your individual needs and career goals, and we provide you with the guidance to do so.

Large Course Offerings

Over 50 department-specific courses are offered to MSFE students each semester.

Small Class Sizes

The average class size is approximately 15 students, and no classes are larger than 30 students.

Industry Connectivity

Within the MSFE program, integration with industry is not just a “nice to have;” it’s a “must-have.” The program is constantly evolving and adapting to the ever-changing climate of the industry and markets, and recruiting faculty from industry to teach cutting-edge courses.

Peter Carr Brooklyn Quant Experience (BQE) Lecture Series

Students are exposed to industry practitioners through the Peter Carr Brooklyn Quant Experience (BQE) Lecture Series weekly seminars, as well as talks provided via program partnerships, such as the Quantitative Finance Weekly Seminar.

Pre-Program Boot Camp

In order to help MSFE students reach their maximum potential, the program provides an exciting two-part, pre-program boot camp series for incoming students to partake in during the summer leading up to the program. The boot camp consists of an optional six-week online course in early summer, and a mandatory two-week intensive program on campus in August prior to the start of the fall semester. Topics covered include: calculus, linear algebra, python programming, probability, statistics, and risk management.

ENGINEER THE FUTURE OF FINANCE

As a student in one of the largest and most prestigious financial engineering graduate programs in the world, you will develop a deep understanding of artificial intelligence, machine learning, blockchain/cryptocurrencies, and data science. The first curriculum to be certified by the International Association for Quantitative Finance (IAQF), in 2023, the program was ranked #2 by TFE Times and #9 in the U.S. by QuantNet.

We invite you to learn more about our MS in Financial Engineering and how this program will prepare you for a fast-moving, rewarding career in the financial services industry.

TOP RESEARCH AREAS

COMPLIANCE AND REGULATION

ENGINEERING GLOBAL MARKETS

CUTTING-EDGE RESEARCH

GLOBAL AND CORPORATE FINANCE

The Department of Finance and Risk Engineering (FRE) pursues intensive research and an educational program in global finance, as well as interdisciplinary financial research relating to environmental issues, cybersecurity, urban and civil infrastructure, and other topics dependent on important financial considerations. Our program is recognized as being at the forefront of research in the financial field, with faculty from around the world who are highly ranked by the significance of their contributions.

Students have opportunities to acquire new insight and build practical solutions to the emerging challenges in the ever-changing world of finance through local and global industry collaborations.

FINANCIAL RISK ENGINEERING AND MANAGEMENT

ALGORITHMIC FINANCE

TECHNOLOGY AND DIGITAL FINANCE

NEW YORK CITY IS YOUR LABORATORY

As part of America’s largest private research university, the NYU Tandon School of Engineering offers nearly unlimited possibilities for collaboration, professional growth, and entrepreneurship.

NYU Tandon’s outstanding Master of Science in Financial Engineering program, combined with the excitement and powerful influence of Wall Street—one of the most significant financial centers in the world—make New York City the quintessential location for pursuing your graduate degree. You will join the ranks of innovators who are engineering smart, connected, sustainable, and healthy global communities in a setting ideal for experiential learning. Build upon a rich history and chart a path to a better future for the entire planet.

KAIYU GU

Kaiyu Gu chose the NYU Tandon Financial Engineering program for its inclusiveness and close-to-industry curriculum that allowed her to dive deep into the quant world. She proactively takes part in offcampus events, has competed with talents from other schools in the CME Trading Challenge, and won the 2023 IAQF student competition. This multi-dimensional exposure is preparing Kaiyu to pursue a career as a quantitative trader and, by leveraging career networks and services from the FRE department, she secured a summer internship at Belvedere Trading to work in the sought-after area of equity options market making.

NATHAN TORMASCHY

Nathan Tormaschy enrolled in NYU Tandon’s MSFE program because of its specialized courses, exceptional professors, and close connections to the industry and the city of New York. In his first year at NYU, he designed a personalized curriculum that best fit his goals. With the help of the FRE career resources and department faculty, Nathan secured a summer internship at Alphadyne Asset Management, a global macro hedge fund. As a front office technology intern, he is developing projects to further the firm’s portfolio and risk management platforms.

VINANTI KAMATH

As an MSFE student, Vinanti Kamath benefitted from a collaborative environment and the opportunity to learn from renowned professors and industry practitioners while working on real-world projects. All of this provided her with first-hand insight into the skills required to succeed as a professional quant. With consistent support from the FRE Career Placement Director, she secured a spring and summer internship as a quantitative technology services associate at RBC Capital Markets. Since graduating in Spring 2023, Vinanti has joined them full time and is excited about developing and implementing miscellaneous tools to support trading and risk management activities.

Kaiyu Gu and Nathan Tormaschy

Vinanti Kamath

CAREERS AND CONNECTIONS

The Department of Finance and Risk Engineering regularly adapts and updates the program to reflect the changing industry, giving students the necessary competitive edge in the job market. Top employers regularly recruit our graduates for their superior training to lead at the forefront of the field. The global perspective you will gain and the relationships you will develop will exponentially expand your options for the future.

INDUSTRY POSITIONS

Actuarial Analyst/Associate

Credit Risk Analyst/Associate

Desk Quant

Data Scientist

Financial Engineer

Market Risk Analyst/Associate

Model Development Analyst/Associate

Model Validation Analyst

Quant Developer

Quant Strategist

Quantitative Analyst/Associate

Quantitative Researcher

Quantitative Modeler

Risk Management Analyst/Associate

Software Engineer

Technology Analyst/Associate

Trading Analyst Analyst/Associate

Valuation Analyst/Associate

CAREER SUPPORT

MSFE students receive career guidance through the Wasserman Center for Career Development, the Office of Career Services on NYU Tandon’s campus, and the MSFE Career Placement Director, who focuses specifically on FE-related opportunities for students. Company presentations, alumni mentorship, networking events, resume guidance, and mock interviews are just a few of the many career resources available to MSFE students.

EMPLOYERS

Amazon American Express

Bank of America

Bank of Guangzhou

Barclays

Bayview Asset Management

BlackRock

Bloomberg

BNP Paribas

Bridgewater Associates

Changjiang Securities

China Asset Management Co.

China International Capital Corporation (CICC)

China Securities

CitiBank

CITIC Securities

CME Group

Deutsche Bank

Ernst & Young

Goldman Sachs

Huatai Securities

Huawei

JPMorgan Chase & Co.

Morgan Stanley

Nomura

Omni Risks Management

PwC

Qontigo

RBC Capital Markets

Royal Bank of Canada

SLC Management

SMBC Capital Markets

Societe Generale

Standard Chartered

Sumitomo Mitsui Banking Corporation

Two Sigma

A sampling of top companies hiring our MSFE graduates.

ADMISSION INFORMATION

1.646.997.3182 engineering.gradinfo@nyu.edu

LEARN MORE AND APPLY engineering.nyu.edu/fre

LEARN MORE ABOUT TANDON grad.engineering.nyu.edu/info

HOW TO APPLY

The best and brightest from around the world apply for admission to the NYU Tandon School of Engineering.

APPLICATION REQUIREMENTS grad.engineering.nyu.edu/requirements

START YOUR APPLICATION grad.engineering.nyu.edu/apply