Program Requirements for Management (Master of Financial Eng)

Applicable only to students admitted during the 2011-2012 academic year.

Management

John E. Anderson School of Management

Graduate Degrees

The John E. Anderson Graduate School of Management offers the Master of Science (M.S.) and Doctoral of Philosophy (Ph.D.) degrees in Management, the Master of Business Administration (M.B.A.) degree, and the Master of Financial Engineering (M.F.E.) degree. In addition, there are a number of degree programs, offered in cooperation with other graduate and professional degree programs on campus, that lead to the M.B.A. and another degree. The school also offers the Executive M.B.A. Program (EMBA) and the M.B.A. for the Fully Employed (FEMBA).

Master of Financial Engineering

Admission

Program Name

Management: Master of Financial Engineering

Address

110 Westwood Plaza, Suite C310
Box 951481
Los Angeles, CA 90095-1481

Phone

(310) 825-3103

Email

mfe@anderson.ucla.edu

Leading to the degree of

Master of Financial Engineering

Admission Limited to

Winter

Deadline to apply

July 31st

GRE (General and/or Subject)

GMAT or GRE

Letters of Recommendation 

2

Other Requirements

In addition to the University’s minimum requirements and those listed above, all applicants are expected to submit the departmental application.

A strong quantitative background including, at minimum, linear algebra, multivariate calculus, and statistics, is expected. Applicants with prior work in computer programming, differential equations, numerical methods, advanced statistics, and probability theory, are preferred.

Master’s Degree

Advising

The faculty director of the M.F.E. program is in charge of student advising.

Areas of Study

Financial Engineering.

Foreign Language Requirement

None.

Course Requirements

52 units of coursework are required for the degree. All courses must be at the graduate level. In exceptional circumstances a maximum of four units of 500-series coursework may be applied to the course requirements. The curriculum consists of three components: (1) core courses; (2) financial practice seminars, and (3) a summer internship/applied finance project. The core courses, which consist of 44 units from Management 237A through 237M, provide the skills, theoretical and applied, that students need to work in the area of quantitative finance. The finance practice seminars present finance practitioners who discuss such topics as the opportunities available to graduates of the program, the skills needed to succeed in financial engineering, and emerging changes in the financial world. The eight-unit applied finance project, Management 237N, is designed to provide in-depth exposure to at least one major task that graduates will be expected to perform in the workplace.

Teaching Experience

Not Required.

Field Experience

Not Required.

Comprehensive Examination Plan

The comprehensive examination requirement is fulfilled by successful completion of the applied finance project. This project is designed to provide an in-depth exposure to at least one major task students will be expected to fulfill in the workplace. The project will develop or utilize existing quantitative finance tools and techniques. The faculty member who supervises the project and two other faculty members appointed by the faculty program director are responsible for evaluating the project.

Thesis Plan

None.

Time-to-Degree

Four quarters from graduate admission to award of the degree, including a ten-week summer term.