MSc Financial Engineering

Course Schedule

Students would undertake the courses according to the following schedule:

(a) Full-Time Programme: 3 trimesters (1 year)

Mini 1 (NTU)	Mini 2 (NTU)	Mini 3 (NTU)	Mini 4 (NTU)	Mini 5 (NTU)	Mini 6 (CMU)
Calculus & Linear Algebra	Stochastic Modeling in Asset Pricing	Stochastic Calculus in Finance	Stochastic Calculus in Finance	Financial Risk Management	Financial Computing
Probability & Statistics	Linear Financial Models	Financial Time Series Analysis	Interest Rate Derivatives	Exotic Options & Structured Products (E)	Simulation Methods for Option Pricing
Corporate Finance	Derivative Securities	Bond Portfolio Management	Equity Portfolio Management	Credit Risk – Measurement & Management (E)	Term Structure – Theory & Practice
Asset Pricing Theory	Object Oriented Programming II	Web computing (E)	Advanced Statistical Modeling (E)	Numerical Methods for Financial Instrument Pricing (E)	Advanced Risk Management
Object Oriented Programming I		Financial Accounting (E)	Artificial Intelligence Techniques in Finance (E)

(b) Part-Time Programme: 6 trimesters (2 years)
1st year:

Mini 1   (NTU)	Mini 2   (NTU)	Mini 3   (NTU)	Mini 4   (NTU)	Mini 5   (NTU)	Mini 6    (CMU)
Calculus & Linear Algebra	Stochastic Modeling in Asset Pricing	Stochastic Calculus in Finance	Stochastic Calculus in Finance	Exotic Options & Structured Products (E)
Corporate Finance	Derivative Securities	Bond Portfolio Management	Equity Portfolio Management	Numerical Methods for Financial Instrument Pricing (E) (If exempted from OOP I)
Asset Pricing Theory		Financial Accounting (E)

 

Students are allowed to seek for a maximum of 3 subject exemptions for the MSc (Financial Engineering) programme.

Students are only allowed to seek exemptions for core subjects and NOT from the elective subjects. 

Exemptions are considered based on the following criteria: 

1.   Subject matter is undertaken and completed at a post-graduate level from recognized tertiary institution/s, with satisfactory grades.     

                                                     OR       

      Subject matter is undertaken and completed at a bachelor’s degree level from recognized tertiary institution/s, for at least 2 years of the duration of the degree, with satisfactory grades. 
                                                      OR 

      Professional qualifications attained with satisfactory grades:
                                                      CFA (must complete all levels)
                                                      FRM
                                                      PRM 

2.   Prior academic or professional qualification/s obtained must not exceed 3 years (for exemption of Category 1 subjects) and 5 years (for exemption of Category 2 subjects), from the date of application for subject exemptions.

See Categories below for details.

 Exemptions based on work experience will not be considered.
 Under special circumstances, interviews may be conducted to assess eligibility.

Deadlines for Application for Exemption: 

Application will open twice a year. In order to process all applications on time, students must adhere to the following deadlines: 

	Subjects	Deadline*
1	Subjects offered in Mini Term 1 & 2 (Trimester 1)	Week 1 of Mini Term 1
2	Subjects offered in Mini Term 3 and after (Trimester 2 & 3)	Week 1 of Mini Term 3

*The MFE Office will inform you of the exact dates.

 Application during other mini terms will not be entertained.

 -        The following documents are required :

 -        Completed Application Form

 -        Detailed syllabus or description of the subject matter

 -        Grades / Marks obtained for the subject matter
           (Only official transcripts / mark sheets will be accepted)

 -        Prior to obtaining official approval, students must continue to attend the classes that they have applied for exemption.

Note:   Late or incomplete application will not be processed.
           The School’s decision on exemption approval is final.

 Category 1 

    1.  Calculus & Linear Algebra
    2.  Probability & Statistics
    3.  Object Oriented Programming I
    4.  Object Oriented Programming II
    5.  Stochastic Modeling in Asset Pricing
    6.  Linear Financial Models
    7.  Stochastic Calculus for Finance
    8.  Financial Time Series Analysis
    9.  Financial Risk Management

Category 2 

    1.  Corporate Finance
    2.  Asset Pricing Theory
    3.  Derivatives Securities
    4.  Bond Portfolio Management
    5.  Equity Portfolio Management
    6.  Interest Rate Derivatives

To know more about the courses, please click here to view past year’s course outlines.

Application Form

 To download the application form, please click here.