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MAFinancial Engineering

Tuition fee $12,000.00 per year

a) Academic excellence scholarship with full tuition waiver. Some students may also receive stipends. Students on this scholarship must work at their department for 10-20 hrs/week. Students must meet all of the following requirements for this scholarship opportunity: Minimum 3.00/4.00 GPA. GRE quantitative 685 or ALES 70. TOEFL 90 or IELTS 6 or ÜDS 75.

b) Partial tuition reduction scholarships: 25-50% tuition reductio

More information 


As a result of recent technological developments, there has been an increasing demand for professionals in finance with an engineering background. The Master’s Program in Financial Engineering is an interdisciplinary program based on the theory of finance, on the application of mathematical sciences to finance and on the use of information technologies in finance.

The graduates of the program will move on to work in the banking sector, in financial management, in risk analysis and as quantitative analysts in finance departments. They are expected to:

Efficiently use tools and techniques to evaluate financial markets, determine investment strategies, and make risk assessment in insurance and investment funds.
Work on the design, implementation and marketing of new financial tools.
Construct mathematical models and solve these with efficient computational techniques.
The compulsory courses of the program are basic courses in finance, financial mathematics, and programming. The first year’s laboratory work aims to give hands-on training in the programming of financial mathematics and on the use of data terminals for stock markets. The second year’s laboratory work, advised by professionals, consists of seminars in various areas of finance.

Programme structure

General Information:

Courses offered by the Institute of Science (except for laboratory work) are taught in English.
Courses are selected from compulsory and elective course categories. Elective courses may differ in each term.
Elective courses may differ each term depending on the availability of resources.
Graduate courses are offered in general on Saturdays from 9:00 to 18:00, and in the evenings between 18:00 and 22:00.

Apply now! Commence year 2019
This is a rolling intake - applications are accepted all year round.
Studies commence
Feb 2, 2019
Apply now!
This is a rolling intake - applications are accepted all year round.
Apply now! Commence year 2019
Application deadline
Sep 1, 2019 23:59
Europe/Istanbul time
Studies commence
Nov 4, 2019

Application deadlines apply to citizens of: United States