The full name of Stanford University's Master of Financial Engineering program is Master of Science in Computational and Mathematical Engineering, that is, Master of Computational and Mathematical Engineering, but we usually classify it as a financial engineering major when applying. The project mainly provides students with a solid foundation of computational mathematics and estimation, with a schooling period of 2 years. Graduates of this major can find suitable jobs in enterprises, or they can choose to continue their doctoral studies in computing and mathematical engineering or related majors.

The project also provides the following five branches: general computing and mathematical engineering, computational geography, data science, imaging science and mathematics and computational finance. The branch of Mathematics and Computational Finance started in the autumn of 20 14, which integrated and replaced the original master program of financial mathematics. This project not only retains the teachers of the original project, but also develops on the basis of the original project, strengthening data science and computer knowledge, as well as financial mathematics and finance.

2. Analysis of Stanford University Master of Financial Engineering.

For different branches, the courses to be studied are different, so we will take the general branch of computing and mathematical engineering as an example to introduce it.

Students must complete four of the six core courses (12 credits) to show their basic knowledge in this field. The six core courses are applied mathematics partial differential equations, numerical solutions of partial differential equations, numerical linear algebra, numerical optimization or convex optimization 1 (convex optimization I), discrete mathematics and algorithms, and stochastic methods in engineering.

In addition to compulsory courses with 12 credits, there are extensive elective courses with 18 credits to cultivate students' extensive knowledge in technology, which is constantly changing. Generally speaking, there are courses in aerospace, computing and mathematical engineering, computer science, electrical engineering, management science and engineering, mathematics, mechanical engineering, statistics and so on.

There are also nine professional elective courses, involving quantitative sciences such as engineering, mathematics, physics, biology and information. In addition, there are 3 credits of programming courses and seminars to be completed.

3. Stanford University Master of Financial Engineering Application Requirements

In order to apply for the graduate program of Stanford University, the applicant must obtain a bachelor's degree from an American school recognized by the regional accreditation association or an international degree equivalent to an American bachelor's degree.

Different branches have different background requirements for applicants, but they all require a strong mathematical background, which is reflected by taking courses such as linear algebra, numerical methods, probability theory and statistics before. In addition to the mathematical background, you generally need to be proficient in using C++, MATLAB, R and other programming languages.

4. Employment Analysis of Master of Financial Engineering in Stanford University

According to the previous information, graduates of this major can choose to work or continue to study for a doctorate. Typical jobs are: data and information scientists, quantitative strategists, risk management, regulators and financial experts. Students can choose to continue their doctoral studies in ICME, engineering, mathematics, statistics, finance and other fields.