Learn about the complexity of financial products or services and assess what risks are involved using mathematical models.
Expanding markets and the increasing complexity and variety of financial products have pushed up demand for skilled professionals capable of creating, pricing and hedging complex derivatives. In the specialisation Financial Engineering & Management (FEM) you acquire the mathematical and managerial knowledge needed to fulfil your ambitions in the fascinating field of banking, insurance, pensions and more.
A research orientation represents a scientific research area and determines a part of the mandatory courses you are going to follow and the field in which you complete your master’s thesis. Within the FEM-specialisation, there is only one research orientation, which is fully in line with the specialisation itself and is also called Financial Engineering and Management.
A key focal point in this specialisation is your ability to identify and quantify risk. The increasing complexity of financial contracts, the growing overlap between providers of financial products, and the emerging markets for new products – such as energy, dairy quotas or emission rights – have raised the need for quantitative risk management instruments. This specialisation teaches you how to analyse and manage financial risks using financial products and modifying business processes. Think, for example, of reengineering business processes, adapting the firm’s strategy, switching customers/suppliers, or making alternative investment decisions.
Assessing financial risks involves a lot of mathematics. That’s why some courses in this specialisation are being taught in collaboration with the Master’s in Applied Mathematics. You also benefit from comprehensive management training and learn to apply strategic skills to manage an organisation’s innovation and technology. Moreover, you get the opportunity to bring theory into practice, as you work on real-life cases as well. For example, you complete your master’s assignment in the field, solving an actual problem.
As a graduate of this Master's and this specialisation, you have acquired specific, scientific knowledge and skills and values, which you can put to good use in your future job.
Is this specialisation not exactly what you’re looking for? Maybe one of the other specialisations suits you better. It is also possible – and welcomed – to make bridges between specialisations, by adding a second specialisation (within or outside of the IEM-programme).
Not sure if Industrial Engineering & Management might be the right choice for you? Find out more about these other Master’s: