Work at the Intersection of Finance and Data with a Certificate in Financial Engineering
By earning a Graduate Certificate in Financial Engineering, you can learn to analyze data using econometric software, gauge financial risk, and make critical decisions that can positively impact an organization's bottom line. This financial engineering program is offered in a 100% online format and is designed to improve your critical thinking skills and build the technical expertise you need to specialize in this emerging multidisciplinary field.
You can complete the certificate program on a part-time basis in as little as 12 months.
What You Can Expect to Learn Online
This 9-credit graduate program helps you develop foundational knowledge as a financial "quant" with course work that focuses on econometric analysis, derivative securities, and financial modeling. You can gain marketable skills as you:
- use financial modeling tools to predict market performance and improve investment decisions
- perform empirical analyses using econometric software
- examine financial characteristics of derivative securities such as swaps, forward, futures, and options contracts
- gain insight into the theoretical arbitrage relationships that form the basis of all derivative pricing
- explore how derivative securities play a vital role in managing individual and corporate risk
- learn to design financial instruments and devise data-driven risk management strategies
Our financial engineering courses also integrate real-world case studies, giving you hands-on experience analyzing situations associated with corporate finance, portfolio theory, financial derivatives, and more. You'll benefit from a rich learning experience that is both practical and engaging.
The Penn State Difference
Flexible and Convenient — 100% online courses provide you with the flexibility to study around your own schedule without sacrificing quality. You can prepare for more rewarding career opportunities while you continue to gain valuable work experience.
Stackable Credential — The certificate is an excellent stand-alone credential, and the credits you earn can also be applied toward the financial engineering concentration offered as part of Penn State's online Master of Business Administration (MBA), if you apply and are accepted into the program.
Reputation for Excellence — With its 20-year history serving adult learners, Penn State World Campus is consistently ranked among top online institutions by U.S. News & World Report. You can feel confident that you will receive a world-class education that will be widely recognized by hiring managers.
Who Should Apply?
This graduate program is ideal for professionals with strong quantitative skills and a background in finance. Applicants typically have a bachelor's degree in business, economics, engineering, computer science, data analytics, applied mathematics, or another STEM–related field. Previous programming experience is not required.
Finance Careers for Quantitative Analysts
You can pursue a specialized career in the investment, insurance, or banking sector as a:
- financial engineer
- financial investment manager
- investment banker
- portfolio manager
- trading strategist
- risk manager