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Course
M.Sc. in Financial Engineering



Address
Schlossplatz 19, 76131 Karlsruhe, Germany

Telephone
+49 (0)721 608-47880

Facsimile
+49 (0)721 608-47882

E-mail address
info(at)hectorschool.com



Type of course
Full-time program with part-time schedule

Language of tuition
English

Length of course
20 months

Date of commencement
October

Application deadline
Rolling Application

Class size
5-25 Students

Degree awarded
Master of Science (M.Sc.) from the Karlsruhe Institute of Technology (KIT) (90 ECTS)

Cost/fees
30,000 EUR (overall)

Accommodation
Available on-campus housing

Major recruiters of graduates of our programmes
SIEMENS AG, Daimler AG, IBM, SAP, ThyssenKrupp Technologies AG, Robert Bosch GmbH, EnBW, Trumpf, BOSCH, ABB, and more

Student profile
1. Ratio of National / Overseas students 40%
2. Ratio of Men (65%) / Women (35%)
3. 23-35

Admission requirements
See below / opposite

Programme Directors
Prof. Dr. Marliese Uhrig-Homburg: Institute for Finance, Banking and Insurance (FBV), KIT
Prof. Dr. Martin E. Ruckes: Institute for Finance, Banking and Insurance (FBV), KIT

Contact details for application
Jelena Münch
Schlossplatz 19, 76131 Karlsruhe, Germany
Telephone: +49 (0)721 608 47878
Fax: +49 (0)721 608 47882
E-Mail: info(at)hectorschool.com




Karlsruhe Institute of Technology
HECTOR School of Engineering & Management

M.Sc. in Financial Engineering (FE)


Assessing and controlling different types of risks are key responsibilities in companies as well as in the financial sector. The quality of risk management processes is a crucial factor in the success or failure within the business. Increasingly complex financial products, various regulations and the enormous importance of information technology have created a great challenge both to financial and nonfinancial companies. Mastering these challenges requires a thorough understanding of complex financial strategies, financial modelling ability, computational proficiency, and managerial vision.

In response to this demand, our master program in Financial Engineering offers a unique combination of familiarity to finance theory, engineering methods, management tools, mathematical and computational techniques.

The Karlsruhe Institute of Technology (KIT) provides an ideal interdisciplinary environment with its long tradition of interdisciplinary programs. Building on the long-established reputation for excellence in business engineering, the two-part program combines in-depth knowledge and understanding of fundamental concepts in business, finance, and management, as well as the latest developments in financial engineering.

Due to the pace of financial innovation, the need for highly qualified people trained in financial engineering has also increased. A demanding career in a financial company such as an investment or commercial bank, or in the corporate finance departments of companies would be an ideal place to work with the abilities attained in the program. The techniques are extremely beneficial for all candidates, since the material covered is well applicable to corporate finance and corporate risk management.

Additionally, the Financial Engineering Program shares five management modules with the other master programs. This fosters cross industry networking and provides the participants with general knowledge in finance, accounting, marketing, international multi-project management, international law, and human resource management. Therefore, they can consider the commercial implications of project decisions and develop a holistic view.


Admission requirements
  • First academic degree: Bachelor, Master, Diploma, etc. in a relevant subject such as Engineering, Natural Sciences, Information Science, or Economics. In exceptional cases, other degrees may be accepted.


  • Minimum of 1-2 years of professional experience in the specific field of the program


  • TOEFL or IELTS (at least 90 iBT) or an equal qualification which must be checked individually


Other courses offered by Karlsruhe Institute of Technology

  • M.Sc. in Energy Engineering and Management (EEM)
  • M.Sc. in Information System Engineering and Management (ISEM)
  • M.Sc. in Management of Product Development (MPD)
  • M.Sc. in Mobility Systems Engineering and Management (MSEM)
  • M.Sc. in Optics and Photonics
  • M.Sc. in Production and Operations Management (POM)



  • About HECTOR School of Engineering & Management

    The HECTOR School is the Technology Business School of the Karlsruhe Institute of Technology (KIT).

    Named after Dr. Hans-Werner Hector, one of the co-founders of SAP AG, HECTOR School aims to provide professionals with state-of-the-art technological expertise and management know-how within part-time education programs. The HECTOR School fosters lifelong learning within industry. Participants are supported in their career development with executive master degree programs, certificate courses, and customized partner programs. The benefits of the executive master programs are numerous for participants as well as for the companies they work for:
    • Unique Holistic Approach: A combination of technology expertise and management know-how.


    • State-of-the-Art Knowledge: Direct transfer from the Karlsruhe Institute of Technology (KIT) research.


    • Part-Time Structure: Allows participants to continue with their demanding careers whilst acquiring new skills.


    • Master Thesis to set up Innovation Projects: Companies gain outstanding added value through the consultation of such projects by professors from KIT.


    • Excellent Networking Opportunities: Professional networking is fostered across industries and on an international scale.
    Our directors enrich HECTOR School with strong business experience combined with academic competence. Industry backings provide opportunities to generate ideas with substantial practical impact, which also feed insights into creative teaching approaches.

    Professors from the KIT, internationally recognized faculty members from out partner institutions as well as business experts from leading companies form the faculty of HECTOR School.