About this course
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 of the business. Increasingly complex financial products, various regulations and the enormous importance of information technology have created a great challenge both to financial and non-financial companies.
Mastering these challenges requires a thorough understanding of complex financial strategies, financial modeling 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.
With its long tradition of interdisciplinary programs, the Karlsruhe Institute of Technology (KIT) provides an ideal interdisciplinary environment. Building on the long-established reputation for excellence in business engineering, the two-part program combines an in-depth knowledge and understanding of fundamental concepts in business, finance, and management, with the latest developments in financial engineering. With the pace of financial innovation, the need for highly qualified people trained in financial engineering also increases.
A demanding career in a financial company such as an investment or commercial bank, or in corporate finance departments of companies would be an ideal place to work, with the abilities attained in the program. The techniques are to the utmost benefit for all candidates, since the material covered is well applicable to corporate finance and corporate risk management. On top the Financial Engineering shares five management modules with the other master programs.
This fosters the network across branches and provides the participants with general knowledge in finance, accounting, marketing, international multiproject management, international law, and human resource management. By this they can consider the commercial implications of project decisions and develop a holistic view.
- An academic degree: e.g. Bachelor, Master, or Diploma
- 1-2 years work experience (depending on the first degree´s level; recommended > 3 years)
- TOEFL score of at least 230 or 90 iBT