Study Master of Science in Financial Engineering at Lehigh University in the USA, College of Business

Master of Science in Financial Engineering

USA

19

What will I learn?

Imagine being instrumental in the creation of innovative solutions for real financial problems, or using state of the art analytical techniques and computing technology. Lehigh's M.S. in Financial Engineering (MFE) program prepares students to do just that by providing them with a strong education in advanced finance and quantitative financial analysis, using key concepts from financial theory, applied mathematics, and engineering. After completing the program, graduates will be able to add immediate value to their firm's pricing, hedging, trading, and portfolio management decisions by conceptualizing real world problems with mathematical tools, models, and theories of investment instruments and financial portfolio management demonstrating proficiency in locating, creating, managing, and analyzing large scale data sets with advanced computing tools integrating tools in probability, optimization, simulation, and information technology and bridging the knowledge and skill gaps between financial and computing/execution professionals. The Lehigh MS in Financial Engineering (MFE) program is a cutting-edge program designed to provide a strong education in advanced finance and quantitative financial analysis tools using key concepts from financial theory, applied mathematics, and engineering. Graduates will become instrumental in the creation of innovative solutions for real financial problems using state-of-the-art analytical techniques and computing technology.

Which department am I in?

College of Business

Study options

Full Time (2 Semesters)

Tuition fees
US$59,760.00 per year
Living Expenses - $18,040

*Price shown is for indicative purposes, please check with institution

Application deadline

15/11/2026

Start date

January 2027

Venue

Lehigh University

27 Memorial Drive West,

Bethlehem,

Pennsylvania,

18015, Northeast, United States

Full Time (2 Semesters)

Tuition fees
US$59,760.00 per year
Living Expenses - $18,040

*Price shown is for indicative purposes, please check with institution

Start date

August 2027

Venue

Lehigh University

27 Memorial Drive West,

Bethlehem,

Pennsylvania,

18015, Northeast, United States

Entry requirements

For international students

  • Essay
  • Resume or CV

The GMAT or GRE test score submission is Optional* for MS in Financial Engineering (MFE) applicants who have earned an undergraduate degree from an accredited college or university with an overall undergraduate GPA of 3.3 or better and meet the following criteria:

  • Have achieved a transcript documented letter grade of B or better in TWO (2) or more quantitative undergraduate courses. Undergraduate courses considered include, calculus, linear algebra, statistics, and data analytics. Students must submit course descriptions/syllabi with their application for such coursework to be considered.

Applicants who choose not to submit a GMAT or GRE test score and who meet the criteria above will have their applications reviewed by the admissions committee but this is no guarantee of acceptance.

Applicants choosing not to submit test scores will receive one of three responses from the admissions committee –

  1. Acceptance into the MFE program
  2. Request from the Admissions Committee for a GMAT or GRE test score submission
  3. Denied Admission into the MFE Program
  • Unofficial transcripts are accepted when submitting an application. Unofficial transcripts are also acceptable for application review.
  • You will enter your recommender's information through the online application. Once complete, a web link will automatically be emailed to the recommender. Letters from family members or friends will not be considered. Paper copies of letters of recommendation will not be accepted.

*There may be different IELTS requirements depending on your chosen course.

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About Lehigh University

86% of grads & 95.4% of undergrads of 2022 were employed, in continuing education or pursuing military or volunteer service 6 months after graduation.

  • Wide range of academic programs from 5 colleges
  • Scholarships and grants available
  • Excellent student-to-faculty ratio of 10:1
  • USD 94,000 average graduate student starting salary

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