Financial Engineering Program
Graduate Programs
Claremont Graduate University
Claremont, California
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Claremont Graduate University - Financial Engineering Program - Overview
A Unique Degree Program in Finance is Based on the Integration of Mathematics and Management
Claremont Graduate University in Southern California offers a unique degree program in finance -- the Master of Science in Financial Engineering. This M.S. degree is earned through a joint program of the Drucker School of Management and the School of Mathematical Sciences. The program is based on the integration of management and mathematics, and its components are found exclusively at Claremont Graduate University. Students who enroll in the unique degree program in finance come from a range of educational and experiential backgrounds; they may be undergraduates who have recently completed degree programs or Ph.D.s working in management positions.
The university is located in the city of Claremont, in the foothills of the San Gabriel Mountains of Southern California. The city is prized for tree-lined streets, historic structures, and inviting campuses. Students taking classes in this specialized finance program will find modern facilities in an appealing setting about 35 miles from Los Angeles.
The Drucker School of Management and School of Mathematical Sciences are both part of a one-of-a-kind university environment. Students will appreciate the climate and beaches of Southern California, as well as the university's philosophy emphasizing multidisciplinary and relevant academic experiences. They will be attending classes at the sole "graduate-only," research-extensive university in the U.S., and at the Drucker School, they will prepare to be managers and leaders in business, government, and non-profit sectors.
Financial Engineering Program Enables Students to Evaluate Complex Financial Products
The financial engineering program at Claremont Graduate University stands out among business degree plans as being advantageous to students and employers for several reasons. The program is designed with a dual emphasis on both financial management and applied mathematics. By experiencing the mathematics component of the financial engineering program, graduate students develop analytical skills and technical capabilities for specialized careers. These skills and competencies allow graduates to establish and evaluate complex financial products. Students in the financial engineering program will be taking math classes with mathematics Ph.D. students.
By taking coursework in the finance component, students acquire insight into financial management, as well as leadership abilities needed to comprehend and communicate the strategic utilization of products. Teamwork becomes a primary focus as students work in finance courses with MBA students. The program's stand-out characteristic is the incorporation of financial management and applied mathematics, making it exclusive to Claremont.
Like many programs at the college, the M.S. degree can be earned through a part-time or full-time academic commitment. Students must be prepared to maintain a concentrated focus for success in rigorous coursework that prepares them for success in a number of careers in various specialties. Graduates may secure positions as investment bankers, asset managers, corporate finance executives, risk managers, and financial consultants. The interdisciplinary curriculum can be completed in three semesters of full-time study.
Faculty Teach Discussion-Oriented Classes during Financial Management Phase of Degree Program
With a multidisciplinary design, the M.S. in Financial Engineering delivers knowledge of both financial and management areas. Students are taught and mentored by distinguished faculty. These faculty members share insights while listening to student input.
During the initial phase of the financial engineering program, students are in challenging mathematics classes. Many faculty members in the math department have earned Ph.D.s in areas such as industrial engineering or operations research. They are interested in the applications of these fields to financial engineering. During the financial management phase, students take classes with MBA students. Management faculty address the managerial applications of financial engineering in discussion-based courses and case-method classes that involve participation, team projects, and presentations.
The Drucker Institute is tied to the university and Graduate School of Management, where Peter Drucker taught for more than three decades, and this valuable research facility was born from his archives. The Drucker Institute supports original research that expands upon the school's philosophies.
The university is also part of the Claremont Consortium, a group of institutions partnering for educational distinction. The consortium's five undergraduate colleges and two graduate institutions have a central entity that manages research facilities and resources shared by students and faculty. Students take classes at more personalized campuses, while benefitting from institutes and research centers, such as those usually found at major universities.