There are many Kenyans wondering whether Financial Engineering is a marketable course in Kenya. The course is competitive but not as marketable as courses like Nursing and Medicine. But if if you position yourself well, you will get a job. Chances of getting a job with a degree in Financial Engineering are 30% to 50%.
To get a job easily,you should score Second Class Upper Division or First Class,so that you can apply for Graduate Trainee positions. You should also pursue CFA or CIFA,which are the two professional courses related to Financial Engineering. On top of that, study Artificial Intelligence course. With all these qualifications, you will easily land a job in Kenya or outside the country.
I have also seen other graduates go for masters and PhD and later becoming lecturers—that is also another route to take.
With a degree in Financia Engineering,you can be employed by banks, insurance companies,actuarial firms,government institutions,stock brokers and audit companies.Here is a list of some of the potential employers:
- Banks
- Nairobi Securities Exchange
- Investment Banks
- Stock brokers
- Insurance Companied
- Retirement Benefits Authority
- Financial Sector Deepening
- Insurance Regulatory Authority
- KRA
- NSSF
- KPA
- Central Bank
- Audit Firms
- Saccos
- Money Market Fund Institutions
Getting a job is difficult because you will be competing with people who did other business-related courses like BCom and BBIT. But with aggressiveness, you can get one.
Salaries of financial engineering graduate in Kenya
Most companies will pay you a starting salary of Ksh70,000 to Ksh120,000. After 5 years of working experience,you will earn above Ksh150,000.
