Master of Financial Engineering
Finance
A course by
University of Canterbury
A cross-disciplinary master's program equipping students with advanced technical skills in finance, economics, mathematics, statistics, and computer science to solve problems in financial engineering, risk management, and investment.
In-person study
Face-to-face learning in a physical classroom setting
University of Canterbury, Ilam Campus, Christchurch
It will take a total of 1 year


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Apply financial and economic theory with mathematics and computation
Graduates will be able to integrate financial, economic, mathematical, and computational models to develop financial products and solve industry problems.

Manage financial risk and optimize investments
Ability to analyze and manage financial risk, design and value financial/actuarial products, and formulate optimal investment strategies.

High-level technical skills for the financial industry
Students will develop advanced expertise in mathematical modeling, portfolio optimization, derivative pricing and statistical analysis relevant to finance.
What You're Signing Up For
The Master of Financial Engineering at the University of Canterbury is a one-year (full-time) to three-year (part-time) cross-disciplinary degree that prepares students with strong mathematical and statistical backgrounds for high-level roles in finance. Students develop their technical and practical abilities across financial products, risk management, portfolio optimization, and financial data analysis through coursework and an applied research project. The program is designed with industry needs in mind and links classroom learning with real-world financial engineering problems, preparing graduates for careers in financial institutions, regulatory bodies, and investment industries.
Course Content
- Time Series and Stochastic Processes
- Optimisation
- Derivative Securities
- Advanced Derivative Securities
- Computer Programming
- Quantitative Finance and Economics (for those with minimal background)
- Research Project: Applications of Financial Engineering
- Elective 400- and 600-level courses in Mathematics, Statistics, and Finance
What you need to know first
Bachelor's degree with a B+ average in 300-level courses
Specified 200-level MATH and STAT courses or equivalent
Approval to enrol
If insufficient statistics and finance background: FIEC601 Quantitative Finance and Economics prior to enrolment
If English is not the first language: Meet UC's English language requirements

What sort of industry will this job lead to
Finance
Banking
Investment
Risk Management
Insurance
Data Analytics

Future employment opportunities might be
Quantitative Analyst
Risk Manager
Financial Engineer
Investment Analyst
Capital Markets Analyst
Actuarial Consultant
Roles in banks (e.g., Reserve Bank), treasury, regulatory bodies, and insurance


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Our AI-powered Explorer is almost ready. Soon, you’ll be able to build a dynamic profile of your skills, goals, and strengths, and get a curated selection of courses just for you.
More details