5 Best Financial Engineering Courses & Certification [2021 AUGUST]

best financial engineering course class certification training online

Global experts have come up with this compilation of Best Financial Engineering Courses, Classes, Tutorials, Training, and Certification programs available online for 2021. This list includes both free and paid resources to help you learn Financial Engineering deeply. Also, it is ideal for beginners, intermediate, as well as experts.


5 Best Financial Engineering Courses, Certification, Degree and Training Online [2021 AUGUST]

1. Financial Engineering and Risk Management Part 1 (Coursera)

Financial Engineering is a vast field that includes concepts related to finance, economics, statistics, mathematics, engineering, and computational methods. This part of FE & RM offered by Columbia University focuses on the use of simple stochastic models to price derivative securities in various asset classes including, fixed income, equities, credit, and mortgage-backed securities. Completing this course will help you understand rocket science behind financial engineering. The instructors have designed these courses for those who don’t have enough knowledge of Financial engineering, but still want to make a career in this field. Also, after completing the course, you’ll be ready to enroll in the second part of FE & RM course.


Key USPs –

– Consist of an interview module with Emanuel Derman to help you understand the topics more deeply

– Learn each and every concept of risk management and financial engineering

– Get guidance and support for course content from the expert instructors o Coursera

– Get to know the limitations of financial engineering in practice and why financial models should be treated with a healthy degree of skepticism

– Earn a certification of completion after finishing the course


Duration: 32 hours, 3-4 hours/day

Rating: 4.7 out of 5

You can Sign up Here



2. Financial Engineering & Risk Management Part 2 (Coursera)

This is the second part of the above course that focuses on the use of simple stochastic models to solve portfolio optimization problems, consider some advanced applications of financial engineering including, algorithmic trading and the pricing of real options. What makes this course more unique is that it help individuals improve their knowledge and build advanced skills so that they can have a clear understanding of financial engineering and its limitations in practice. But, before taking this course, make sure you complete part 1 of the course. Also, after finishing this course, Coursera will provide you with a certification of completion. In case you are interested, do check out our compilation of financial modeling certification.


Key USPs –

– Learn how to use stochastic models to price derivative securities in various asset classes that include credit and equities

– Understand the vital role of financial engineering played during the financial crisis

– Learn from the top and knowledgeable instructors of Coursera who will guide you+ at every stage of learning

– Get access to videos, quizzes, and programming assignments if you enroll for the certificate

– Hundred percent online course with flexible schedules so that you can learn from your own pace


Duration: 25 hours, 3-4 hours/day

Rating: 4.7 out of 5

You can Sign up Here



3. MSc in Financial Engineering (WorldQuant University)

If you’re more interested in doing a full 2 year MSc program in Financial Engineering, then this MSc program offered by WorldQuant University is the best option for you. This MSc program is hundred percent online that consists of nine graduate level course, and includes a capstone course as well. Each of these courses focuses on different subjects of financial engineering, such as financial markets, econometrics, computational finance, Machine Learning and Python in finance, and much more. With this program, you’ll learn advanced skills from evaluating statistics to econometric modeling that can be applied across the industry.


Key USPs –

– Most extensive financial engineering program available online in the world with zero tuition fee

– Designed by industry experts and top instructors of WorldQuant University to help students know their worth in financial engineering

– Have a clear understanding of global financial markets, machine learning in financial engineering, and much more

– Learn how to design and evaluate the efficacy of Python algorithms and simulations

– Understand how to Identify risks related to financial business and develop mitigation strategies

– Take one course at a time to get your degree without any disruption in your life

– Get 24/7 assistance and support from the instructors and a team of experts for any queries related to the course


Duration: 2 years

Rating: 4.8 out of 5

You can Sign up Here



4. Financial Engineering Certification (Columbia Engineering)

It is a certification program offered by the University of Columbia in New York that allows individuals to earn a certification in financial engineering after completing various courses. This certification program is designed to give training in the application of engineering methodologies and quantitative methods to finance. This is a two-year full online program that consists of two sequences, which includes multiple courses in it. To earn the certification, you’ll have to complete every sequence in order, only after that, you’ll be able to sit for the certification exam. Also, it’s necessary to earn at least grades of B or higher in sequence 1 before proceeding to sequence 2.


Key USPs –

– One of the best Financial Engineering certification program available online for every student

– Teach you every concept of financial engineering, such as methods of engineering, best of mathematics, and best practices of programming

– Prepare you to make a career in securities, financial management, banking, finance departments, consulting industries, and quantitative roles in the corporate sector

– An affordable course even for foreigners at a very minimal cost

– Get access to multiple projects, quizzes, videos, tutorials during the 2-year course to test your knowledge continuously


Duration: 2 years

Rating: 4.6 out of 5

You can Sign up Here



5. Master of Science in Financial Engineering (USC Online)

This is another 2-year program in the list of MSc in financial engineering offered by USC Viterbi School of Engineering that will train you to apply mathematical and engineering tools to finance. This program will guide you on how to use tools from finance and economics, applied mathematics, and engineering to address problems that are unique to specific industries, such as investment and commercial banks, trading companies, insurance companies, hedge funds, corporate risk managers, and regulatory agencies. Also, this course is available for both part-time and full-time students, the part-time course duration is 3 and a half years, whereas the full-time course duration is 2 years, so you can opt for the one that best suits your needs.


Key USPs –

– Designed by industry experts and knowledgeable professors of USC Viterbi School of Engineering to help individuals make financial engineering learning easier

– Get the option to visit the campus during your course period

– Highlight problems like derivative securities valuation, strategic planning, and dynamic investment strategies

– Enable you to make a career in Information technology, Programming, Risk management, Investment, Accounting, and many other areas

– Provide multiple quizzes, hands-on projects, and exercises to help you understand the financial engineering concepts clearly

– Get full collaboration between remote and on-campus students and faculty members


Duration: 1 – 3.5 years

Rating: 4.5 out of 5

You can Sign up Here


So these were the 5 Best Financial Engineering Course, Certification, Class & Training available online for 2021. Hope you found what you were looking for. Wish you Happy Learning!