Students enrolled full-time will complete the program in 4 semesters (May) although some may accelerate the course load and graduate within 3 semesters. Our program also offers flexibility to attend part-time and extend the number of semesters.

To earn a Master of Science in Financial Engineering, students must complete 33 credits to qualify for graduation. The structure of the program is as follows:


Students may choose from one of the following tracks:

  • Corporate Finance and Financial Markets
  • Computational Finance
  • Technology and Algorithmic Finance
  • Risk Finance

Students may petition for a customized track. Please review the guidelines here.

Students must also complete the Bloomberg Essentials Online Training Program and earn the Acknowledgement of Completion to qualify for graduation. The Department will support your efforts to complete the training program by providing many Bloomberg terminals and laboratory assistants to answer your questions. This is a zero-credit requirement, listed as FRE 5500.

Graduate students enrolled in other NYU graduate programs may request enrollment in FRE courses for up to 6 credits per semester with the approval of their graduate program advisor. Undergraduate students are not allowed to take courses in the MS in Financial Engineering program, except for those in a combined BS/MS program. It is the students’ responsibility to consult with their academic advisor if the courses they plan to take satisfy degree requirements in their program, and to obtain approval to enroll in Financial Engineering courses via the FRE cross-registration form available in the Student Resources page. Please review the NYU cross-school registration policy prior to submitting cross-registration requests.


Download the FRE-GY 6023 syllabus

Download the FRE-GY 6083 syllabus (Agnes Tourin)

Watch a clip on FRE-GY 6083 by Professor Agnes Tourin

Download the FRE-GY 6083 syllabus (Andrew Papanicolaou)

Download the FRE-GY 6103 syllabus

Download the FRE-GY 6123 syllabus


Please see the following links for details:

Financial Markets and Corporate Finance Track

Computational Finance Track

Technology and Algorithmic Finance Track

Risk Finance Track (Credit Risk, Financial Management, and Insurance)


Students from all tracks except Risk Finance must choose 1 lab from the following:

Download the FRE-GY 6811 syllabus

Download the FRE-GY 6883 syllabus

*For FRE-GY 6883, 1.5 credits count as lab and 1.5 credits as elective.

Note: Waivers are possible.



Choose 1 capstone option:

(200 hours at least; 1 report to the faculty is required)

(project under faculty supervision)

2 courses with a “topics” or “special topics” title of 1.5 credits each, with a capstone paper submitted to the capstone advisor.

In addition, please see the Capstone Procedures and Requirements.



Students may choose from any FRE courses outside of their specific track to fulfill these elective requirements or they may choose from the below general elective courses. They may also elect to register for up to three (3) classes (maximum of one 1 per semester) at select schools/programs at NYU. Students may only enroll for courses at other schools of NYU that are not offered at the School of Engineering. Please review the NYU cross-school registration policy prior to submitting cross-registration requests.

For a list of available electives, see the FRE Course Listing page.