Electives must be at the 400 or 500 level to meet graduation requirements. The courses must also be relevant to the Financial Engineering curriculum with approval from the department. Below you will find a list of the most popular electives MSFE students register for:

  • Data Analytics
  • FinTech
  • Big Data Analytics
  • Advanced Corporate Finance
  • Financial Intermediation
  • Behavioral Finance
  • Business and Public Policy
  • Stochastic Processes and Applications
  • Empirical Analysis in Finance
  • Stochastic Simulation
  • Accounting Measurement, Reporting & Control
  • Introduction to Data Mining
  • Machine Learning
  • Decision Analysis I
  • Advanced Data Analysis
  • Statistical Learning

Chicago Electives

The MSFE Program offers a few electives in Chicago. These courses are taught by Practitioners and restricted to MSFE students only. Currently they meet once a week for 3 hours.

  • Asset Allocation
  • Option Trading and Market-Making
  • Electronic Trading


MSFE students wishing to complete a campus approved graduate minor should note the requirements on the respective web page. In addition, each program has different procedures for applying to and completing their minor.

To learn more about receiving a minor please visit the Graduate College Website

*Prior approval from the MSFE Director is needed