UCLA Master of Financial Engineering Review

UCLA Master of Financial Engineering Review Overview

The UCLA Master of Financial Engineering is a 12–16-month full-time program that integrates advanced financial theory with real-world application. Students gain mastery in quantitative modeling, financial markets, derivatives, corporate finance, and investment strategies.

Located in Los Angeles, UCLA Anderson offers students direct access to leading financial institutions, tech startups, and multinational corporations — creating unmatched opportunities for internships and networking. Learn more at UCLA Master of Financial Engineering Review.

Admissions

UCLA seeks candidates with proven quantitative aptitude, academic excellence, and strong career motivation.

Requirements include:

• Bachelor’s degree from an accredited university

• GMAT or GRE scores (competitive)

• TOEFL/IELTS scores for non-native English speakers

• Resume, essays, and recommendation letters

The admissions process is holistic, assessing technical ability, leadership, and motivation. Full details are available at UCLA Anderson Admissions.

Programme Content

The MFE curriculum blends core quantitative courses, electives, and industry-based projects, ensuring academic depth and practical exposure.

Core Courses:

• Financial Engineering & Risk Management

• Asset Pricing & Portfolio Management

• Corporate Finance

• Derivatives & Financial Instruments

• Quantitative Methods for Finance

Electives / Specializations:

• Investment Banking & Private Equity

• FinTech & Digital Finance

• Sustainable Finance & ESG

• Real Estate Finance

Practical Exposure:

• Capstone projects with major financial firms

• Industry seminars and expert-led workshops

• Alumni mentorship and networking programs

Application Process & Deadlines

Applications are completed online with transcripts, essays, test scores, and recommendation letters. Interviews are conducted for shortlisted candidates.

Application Deadlines for 2026 Intake:

Scholarships & Funding

UCLA Anderson offers a range of merit-based and need-based scholarships for outstanding applicants to the Master of Financial Engineering program.

Key funding options:

• Anderson Merit Fellowship – awarded automatically based on academic excellence and leadership.

  
  

• Women in Finance Fellowship – supports talented female candidates entering quantitative finance fields.

  
  

• MFE Alumni & Industry Scholarships – sponsored by alumni and corporate partners.

  
  

• Need-based Assistance – limited financial aid for students demonstrating financial hardship.

  
  

• External Scholarships – international students can apply for programs such as Prodigy Finance, Fulbright, and QS Scholarships.

Comprehensive information on funding and aid can be found at UCLA Anderson Scholarships & Financial Aid.

Cost of Living

Living in Los Angeles provides both lifestyle advantages and moderate expenses.

Estimated monthly costs:

• Accommodation: $1,200 – $2,000

• Food & groceries: $300 – $500

• Transport: $100 – $150

• Miscellaneous: $150 – $250

Total monthly expenses: $1,750 – $2,900

Tuition fees for the Master of Financial Engineering program are approximately $70,000 – $73,000, depending on scholarships and financial aid.

Careers & Outcomes

Graduates from UCLA Anderson MFE achieve strong placement across global finance and technology firms.

Career paths include:

• Investment Banking

• Asset & Portfolio Management

• Risk Management

• FinTech & Quantitative Research

Alumni work at top firms such as Goldman Sachs, JP Morgan, and Morgan Stanley.

UCLA Anderson’s Career Services provide one-on-one mentoring, recruitment events, and job placement support. Explore more at UCLA Anderson Careers.

Student Life & Experience

Life at UCLA Anderson extends beyond academics — it’s a thriving ecosystem of innovation, collaboration, and networking.

• Student-led quant and finance clubs

  
  

• Case competitions, industry panels, and guest lectures

  
  

• Diverse international cohort encouraging collaboration

  
  

• Social and cultural events across the UCLA campus

Students in the UCLA MFE program enjoy an ideal mix of rigorous academics and vibrant student life, preparing them for global leadership in quantitative finance.