Financial Engineering (MS)

Program Description

The Master of Science in Financial Engineering (FE) is a 33-credit program designed to provide students with the skills required to operate at the cutting-edge of financial engineering in today’s financial services industry. The program is rigorous, demanding and selective. The M.S. in Financial Engineering is a well-established program with a diverse curriculum. Our faculty are recognized leaders in their fields, all with extensive practical expertise. They produce world-class research while teaching both introductory and advanced courses in small class settings. The financial and practical components of the educational program have been further strengthened by developing a large and versatile body of adjunct faculty consisting of leading financial market practitioners from major Wall Street firms as well as international affiliated faculty. These adjunct faculty members work closely with full-time faculty emphasizing both applied and theoretical research in bringing to financial engineering students a greater sensitivity to the needs and the demands of financial markets and the management of financial services and institutions.


Admission to graduate programs in the Tandon School of Engineering requires the following minimum components:

  • Résumé/CV
  • Statement of Purpose
  • Letters of Recommendation
  • Transcripts
  • Proficiency in English

The NYU Tandon Graduate Admissions website has additional information on school-wide admission.

Some programs may require additional components for admissions.

See the program's How to Apply for department-specific admission requirements and instructions.


The Department receives a large number of applications every year. To be considered for admission into the M.S. in Financial Engineering program, students must have a Bachelor’s Degree from an accredited institution and proven mathematical mastery of the following topics:

  • Linear Algebra
  • Probability Theory
  • Multi-variable Calculus
  • Applied Statistics
  • Computer Programming

Applicants must submit official transcripts from each institution attended as well as GRE test scores. When applicable, applicants must also prove English language proficiency demonstrated by a TOEFL or IELTS score.

The FRE department does not accept change-of-major requests from students in other NYU programs. In all instances, students must formally apply to this M.S. FE program. Applicants must have demonstrated proficiency in the mathematical areas listed to be considered for admission.