Duke University - Financial Technology Master of Engineering

https://fintech.meng.duke.edu/degree#degree-requirements

Financial Technology Master of Engineering (FinTech)

Key takeaways

• 3 or 4 semesters program
• Tuition fee $120,000 in total for 4-semester program
• FinTech focused - DeFi, cryptocurrency, etc.

 

Program

3 or 4 semesters (on-campus)

For Fall Entry

For Application Round	Applications Received by	Receive Decision Notification by	With Reply Required by
1	January 15	March 15	April 15
2	March 15	April 15	May 1

 

Fees

For one year of study

Academic Year 2023-2024	Fall 2023	Spring 2024
Tuition	$31,762.50	$31,762.50
Health Fee	$473	$473
Health Insurance	$3,282	$0
Activity Fee	$18	$18
Student Services Fee	$12	$12
Transcript Fee	$120	$0
Recreation Fee	$180	$180
Housing	$5,792	$7,240
Board (Food)	$1,816	$2,270
Books & Supplies	$310	$310
Local Transportation	$872	$1,090
Personal & Miscellaneous	$1,832	$2,290
Total Cost of Attendance, per semester	$46,470	$45,646
Total Cost of Attendance, per academic year	$92,115

 

Prerequisites/requirements

• application fee - $75
• documentation of bachelor’s degree
• transcripts
• resume
• 3 recommendations
• video introduction
• English language testing
• GRE (optional for 2024)

 

Short answer essay

FinTech is all about creating new and innovative solutions, in your opinion what is the most creative fintech solution of the past 20 years and why do you consider it the most creative?

 

Often successful FinTech solutions are new, but sometimes they are new applications of existing solutions. What was the most creative solution to a problem that you’ve ever designed/built, either physical or virtual? Please include details.

 

The emergence of decentralized finance (DeFi) platforms in recent years could cause significant changes to traditional banking systems and financial markets. These platforms operate on a blockchain, allowing for peer-to-peer transactions without intermediaries. As a prospective Fintech graduate student, you are presented with the following hypothetical scenario:

• In a country with a strong and stable banking system, a new DeFi platform emerges and quickly gains popularity among the younger population. The platform offers high-interest savings accounts, instant peer-to-peer loans, and has its native token that starts to be used as a form of payment in various local businesses. The country's central bank has not yet formulated a definitive stance on DeFi platforms.
• Discuss the potential risks and benefits this DeFi platform brings to the country's financial ecosystem, considering both macroeconomic and microeconomic perspectives. What should be the approach of the central bank to this newcomer platform? What would it look like if you were to design a bridge between this new DeFi platform and traditional financial institutions? The bridge should prioritize seamless integration and mutual growth for both sectors."

 

Online preparatory courses

• 3 semesters—Take an elective as a fourth course in Spring 1 or Fall 2 full-time, or
• 4 semesters—Take a final elective in Spring 2 as a part-time student

 

Curriculum

https://fintech.meng.duke.edu/courses

FinTech Courses

Industry preparation core

Management high-tech industries

Business fundamentals for engineers

 

Technical core

FinTech

Seminar and workshops

 

Programming

Programming for FinTech

• This course will bring students up to speed on programming, data structures, and algorithms. C++ is the language of choice in this class because C and C++ are very commonly used by computer engineers.

Software engineering for FinTech

 

Finance

Financial institution products & services

Asset pricing and risk management

 

Electives

Technology track

Technology management track

Investment management track

Capstone project

FinTechn capstone

 

Internship or project

2023 Admissions Data

• 965 applied
• 270 admitted
• 85 enrolled
  • Average age: 23
  • Female: 44%
  • Mid 50-percentile GPA: 3.7-3.9

Photo by Chuck Givens on Unsplash