MAFinancial Engineering
Study location | Turkey, Istanbul |
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Type | Postgraduate, full-time |
Nominal duration | 2 years |
Study language | English |
Awards | MA (with thesis) |
Tuition fee | $12,000 per year KHAS has an extensive scholarship program to support well-qualified international students in their studies at KHAS. 25%, 50% and 100% tuition waiver scholarships are available for Masters (with thesis) and PhD programs. |
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Entry qualification | Undergraduate diploma (or higher) -International students applying for a masters program at KHAS must have a bachelor degree. The graduation GPA must be minimum 2.00/4.00.Students who have taken standardized graduate exams (GRE, GMAT, ALES) may also submit their scores. If available, a copy of the Graduate Programs Entrance Exam Score Report. The following examinations are accepted at Kadir Has University: GRE quantitative (min. 685) Students with high GPA and/or standardized exam scores may qualify for scholarships. Applicant students may be called for an interview in person or via telephone or skype. The entry qualification documents are accepted in the following languages: English / Turkish. Often you can get a suitable transcript from your school. If this is not the case, you will need official translations along with verified copies of the original. You must take verified copies of the entry qualification documents along with you when you finally go to the university. |
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Language requirements | English International students, except for native speakers of English, applying for programs where the language of instruction is English, are strongly recommended to submit the following English language test scores during their application. Students who cannot submit any one of these tests may take the KHAS English Proficiency Test upon arrival (September10-15, January 10-15). Test scores for English proficiency: TOEFL-IBT: 79, IELTS academic: 5.5, ÜDS: 66/100 or KHAS English Proficiency Test: minimum 60/100. Students who cannot demonstrate sufficient English proficiency must attend the KHAS English Preparatory Program for up to 1 year, before they can start their graduate program. Attendance to this program is subject to the payment of separate fees (6.500 USD). International students applying to an academic program taught in Turkish, except for those whose native language is Turkish, must demonstrate sufficient proficiency in Turkish during the application. Test score for Turkish proficiency: TOMER minimum B1 level |
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Other requirements | At least 2 reference(s) must be provided. A motivation letter must be added to your application. Letter of Intent |
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More information |
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Overview
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.