University of California, Los Angeles

Course Details

Master of Financial Engineering

Course Description

UCLA Anderson’s MFE program equips graduates with the education and practical skills for careers in risk management, money management, derivative pricing, private equity, hedge funds, data analytics and technical operational areas of corporate finance. In the classroom, learn from world-renowned, top-rated Anderson faculty and prominent guest lecturers from major financial institutions. The rigorous UCLA Anderson MFE curriculum is solidly based on the business school paradigm of merging quantitative finance theory and principle with up-to-the-minute business practice. The Financial Institutions Seminar allows students to learn about financial engineering from the most successful practitioners. Beyond the classroom, UCLA Anderson MFE students apply their knowledge to real-world settings by participating in a summer internship and Applied Finance Project (AFP). The hands-on AFP provides students an opportunity to interact directly with clients gaining valuable exposure to potential employers and broadening their professional networks.

Course Duration

NumberDuration
15month

Career outcomes

Financial engineers pursue rewarding careers in a variety of areas: some work within banks that create, sell and trade financial instruments, also known as the “sell side,” and others work on the “buy side” within investment firms, mutual funds and hedge funds. Many serve corporations and governments that need to earn a return on their investors’ money, raise capital and manage various risks — from changes in interest rates to fluctuations in commodity prices and foreign exchange rates. Anderson MFEs are pursuing careers as Risk Analyst, Quantitative Analyst, Derivatives Trader, Quantitative Research Associate, and Desk Strategist. They work in a variety of industries for companies that include: Barclays Capital, Deutsche Bank, Goldman Sachs, Google, Moody's, Morgan Stanley, New York Federal Reserve, PIMCO, Research Affiliates, and Thomson Reuters.




Master of Financial Engineering University of California, Los Angeles