QS Rank:

44

University of California, Los Angeles

California
,United States

Program Rank

42

Program Name
Master in Financial Engineering

Deadline
April 30th, 2025
Overview

The Master in Financial Engineering at the University of California, Los Angeles (UCLA) represents one of the most sought-after academic programs in the field of finance today. This exceptional program is meticulously designed to equip students with the skills and knowledge necessary to navigate the complex realm of financial markets and engineering. With a rich blend of theoretical foundations and practical applications, the curriculum delves deep into crucial topics such as quantitative finance, risk management, and financial technology. Students will emerge from this program not only with a robust understanding of financial theories but also with hands-on experience that reflects the realities of the industry.
The curriculum is thoughtfully structured to ensure comprehensive coverage of all essential aspects of financial engineering. Core courses include Mathematical Methods, Financial Modeling, Stochastic Calculus, and Computational Finance, which collectively provide students with the analytical tools required to approach real-world financial challenges. Additionally, elective courses allow students to tailor their learning experience in areas such as Machine Learning in Finance, Financial Econometrics, and Portfolio Management. This combination of core and elective courses ensures that graduates are well-prepared to enter various sectors of the finance industry, armed with a versatile skill set.
Faculty members at UCLA Anderson School of Management are not only accomplished educators but also prolific researchers and industry experts. The program boasts a diverse group of professors who bring invaluable insights and experiences from their respective fields. This rich faculty expertise fosters an engaging learning environment where students are encouraged to explore innovative ideas and research topics. Furthermore, students often have the opportunity to collaborate with faculty on cutting-edge research projects, enhancing their understanding of complex financial systems and methodologies.
UCLA's commitment to providing research opportunities and resources is unparalleled. The university's extensive library and research centers, such as the UCLA Anderson Forecast and the Institute of Finance, provide students with access to vast databases, research materials, and tools necessary for empirical studies. This emphasis on research not only enriches the academic experience but also prepares students for various roles in research and analysis within the finance industry. Students are encouraged to present their findings at conferences, ensuring that they build strong professional networks during their studies.
Industry connections play an integral role in the Master in Financial Engineering program. UCLA has developed strong ties with major financial institutions, tech companies, and consulting firms, creating a robust network that benefits students. Internship opportunities with leading firms offer practical experience, allowing students to apply their classroom learning in real-world environments. This hands-on approach significantly enhances employability upon graduation, with many students receiving job offers even before completing their degree.
Graduates of the Master in Financial Engineering program are well-positioned for a variety of rewarding career pathways. The program's strong focus on quantitative skills and analytical thinking prepares students for roles such as Financial Engineer, Quantitative Analyst, Risk Analyst, and Investment Banker. With a remarkable job placement rate of 100% and a median base salary of $100,000, graduates can look forward to successful careers in various sectors, including finance, technology, and academia. Alumni success stories highlight the effectiveness of the program in shaping the future leaders of the financial world.
UCLA Anderson School of Management's Master in Financial Engineering program distinguishes itself through unique features that enhance the student experience. The program's emphasis on interdisciplinary learning encourages collaboration between departments, enabling students to explore the intersection of finance, technology, and data science. The vibrant campus life, combined with networking events and guest lectures from industry leaders, ensures that students benefit from a holistic educational experience. Additionally, UCLA's location in Los Angeles places students at the heart of one of the world's largest financial hubs, providing unmatched opportunities for professional growth and development.
For prospective students, the application process includes specific requirements and prerequisites. Candidates are expected to possess a strong academic background with an undergraduate degree in a related field, as well as proficiency in quantitative skills. Required standardized tests include the GMAT, with a competitive average score of 720. Additionally, international applicants must demonstrate English proficiency through standardized tests such as the TOEFL or IELTS. Letters of recommendation and a comprehensive resume are also essential components of the application.
Why Study Financial Engineering at University of California, Los Angeles
- A renowned program with a strong emphasis on quantitative finance and analytical skills tailored for real-world application
- Learn from distinguished faculty members who are experts in their fields and have extensive industry experience
- Access to cutting-edge research resources and laboratories that facilitate innovative projects and studies
- Strong industry connections providing excellent internship opportunities and high job placement rates
- Vibrant campus life with various networking events, guest lectures, and alumni connections to enhance professional growth
- Located in Los Angeles, allowing students to immerse themselves in one of the world's leading financial centers

Total Tuition Fees
$89,538

Duration
15 Months

Median Salary
$1,00,000
Ranking
#20
US World and News Report
#21
The World University Rankings
#44
QS World University Rankings

Intake
Fall ( Sept - Nov )
Class Profile

Class Size
84

Average Age
26

Average Work Experience
3 Years
Diversity
Others:
30%International:
30%California:
40%Career Outcomes

Median Earnings After Graduation
$1,00,000 / year

Graduation Rate
95%

Job Placement
100%
Prospective Job Roles
Product Manager
Research Scientist
Software Engineer
Teacher
Artist
Entrepreneur
Financial Engineer
Investment Banker
Quantitative Analyst
Risk Analyst
Data Scientist
Business Analyst
Project Manager
Actuary
Analyst
Consultant
Trader
Top recruiters


















Eligibility Criteria
English Proficiency Tests
TOEFL
100
IELTS
7.5
Standardised Test Score
GMAT
Application Requirements
Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.
Transcript
Professional LOR
Academic LOR
Resume
Application Deadlines
Round 1 | Standard Deadline | Round 3 | |
---|---|---|---|
Fall | Dec 31, 2023 | Mar 1, 2025 | Apr 30, 2025 |
Fees and Funding

Tuition Fees
$89,538 / year

Overall Cost
$87,255 / year
Funding Options
External Sources - Scholarships
Department Funding
To apply, submit a complete application for admission within a few weeks of the priority deadline for best results.
Scholarships
The University of California, Los Angeles offers a variety of scholarships for students pursuing a Master of Science in Financial Engineering. These scholarships are based on academic merit, financial need, and other factors. Some of the most popular scholarships include the UCLA Financial Engineering Scholarship, the UCLA Chancellor's Scholarship, and the UCLA Alumni Scholarship.
UCLA Alumni Scholarship
UCLA Chancellor's Scholarship
UCLA Financial Engineering Scholarship
FAQs
A student can complete Financial Engineering at University of California, Los Angeles with in 15.
The deadline to submit an admission application for Financial Engineering at University of California, Los Angeles is Application deadline Fall (Round 1) - date - 31/12/2023
The application fee to pursue Financial Engineering at University of California, Los Angeles is USD 200 for international students.
The annual tuition fee to pursue Financial Engineering at University of California, Los Angeles is USD 33238.
The submission of these scores mainly depends on the type of degree/ course selected at the University of California, Los Angeles. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check University of California, Los Angeles requirements before submitting a score.
Financial Engineering can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more
If a student fulfils all the eligibility criteria and admission requirements of University of California, Los Angeles, they can easily pursue Financial Engineering. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.
An MS degree at University of California, Los Angeles can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official University of California, Los Angeles website to check the course/ degree duration.
One can apply for scholarships to pursue their international education at University of California, Los Angeles by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.
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