Financial Engineer
Applies computer science, statistics, economics and maths to solve financial problems and model risk.
Overview
Financial Engineers use their knowledge in Computer Science, Statistics, Economics, and Maths to address financial problems. They often solve problems such as financial contracts and risks, implementation of investment rules, etc.
Where they work
- Investment banks
- Commercial banks
- Hedge funds
- Fintech companies
- Insurance companies
- Corporate treasuries
- Financial regulatory agencies
Work environment
Financial engineers are normally based in offices. You have to spend long hours on computers, doing research and compiling data. It is not uncommon for financial engineers to work more than 45 hours per week.
Opportunities for differently abled exist in this field.
Skills and interests
This career might suit you if…
- You are good at Maths
- You are adept at keeping records
- You like working with numbers
- You like to analyse things
Eligibility and education roadmap
Please check the duration of the course during enrolment.
Route 1
- 1Complete 10+2 in Science stream (Physics, Chemistry and Mathematics)
- 2Complete Bachelor's degree (B.Sc./BBA/B.Tech.) in Financial Engineering
Alternative route 2
- 1Complete Bachelor's degree and then do a Master's in the same or allied field
Alternative route 3
- 1Pursue a certificate course in Financial Engineering
- 2For admissions, you must qualify entrance examination conducted at national level (JEE Main, JEE Advanced etc.) or state level (WBJEE, AP EAMCET etc.) or institute level (VET, IP etc.)
Forms, exams and applications
National-level entrance examinations (JEE Main, JEE Advanced), state-level (WBJEE, AP EAMCET) or institute-level (VET, IP) exams. Check the official notification for current eligibility and dates.
Exam names above are as printed in the source card. Application windows, eligibility and syllabi change — always check the official notification for current dates.
Where to apply
The course is offered by the Department of Engineering.
Government institutes
- Jadavpur University, Kolkata, West Bengal
- National Institute of Securities Markets, Mumbai, Maharashtra
- BSE Institute, Mumbai, Maharashtra
- Indian Institute of Technology, Kharagpur, West Bengal
- College of Engineering Trivandrum, Thiruvananthapuram, Kerala
Private institutes
Please check if the institute is affiliated and accredited before applying.
- Indian Institute of Capital Markets, Navi Mumbai, Maharashtra
- Indian School of Business Management & Administration, Gujarat
- GD Goenka University, Gurugram, Haryana
- Maharishi University of Information Technology, Noida, Uttar Pradesh
- Amrita Vishwa Vidyapeetham, Coimbatore, Tamil Nadu
- Adarsh Academy of Information Technology, Bengaluru, Karnataka
- National Academy of Management Studies, Mumbai, Maharashtra
Distance learning
Indira Gandhi National Open University (IGNOU)
These institute lists are indicative examples from the source card, not a ranked or complete directory. Always verify accreditation on the institute's official website.
Career outcomes
Growth path
- 1Consultant
- 2Manager/Senior Software Engineer/Project Manager
- 3Senior Manager/Senior Consultant
Expected income
₹43,000 – ₹1,70,000 per month or more
The figures are indicative and subject to change.
SourceRelated careers to explore
Financial Analyst
Uses company data to assess profitability, liabilities, strengths, weaknesses and future potential.
Actuary
Expert in assessing the financial impact of uncertain events, projecting future risk using data and models.
Student action plan
What you can do this month
- Read this whole roadmap and note any subjects, exams or institutes you don't recognise yet.
- Talk to a teacher or school counsellor about how your current subjects connect to Science, Maths.
- Look for a school club, competition or online course related to analysing.
- Shortlist 2–3 institutes from the list above and check their official website for current admission details.
- Save this career and compare it with 1–2 others you're considering.
Sources and update notice
- Career card source: Exploring Career Paths with Career Cards, Volume 1, printed page 225 (NCERT / UNICEF India / PSSCIVE Bhopal, First Edition, April 2025).
- Income source: https://in.jooble.org/salary/financial-engineer
- Last reviewed on this site: 2026-08-21
Eligibility, fees, exam patterns and admissions change often. Always verify current details on official institute, exam-body or government websites before making decisions.