The Financial Engineering program at Claremont Graduate University is offered as a collaborative, joint effort between Peter F. Drucker and Masatoshi Ito Graduate School of Management and the School of Mathematical Sciences. Students take approximately half of their coursework in applied mathematicswith an emphasis on financial applications. For the first half of their education, students are in classes with mathematics PhD students. Most of our math faculty hold PhDs in industrial engineering or operations research, and are interested in applications to financial engineering. For the financial management half of their coursework, students are in classes with MBA students. The management-side coursework is taught by professors who are interested in the managerial applications of financial engineering and who emphasize discussion-format and case-method classes, with high levels of student participation, teamwork, and presentation. With this unique structure, the Master of Science in Financial Engineering (MSFE) degree delivers afocused, yet practical multi-disciplinary education in financial engineering that is both critically importantto management and quantitatively extensive. The close integration of management and mathematics is the hallmark of this degree program.Unlike programs offered by mathematics of statistics departments, our graduates have the demonstrated ability to rise rapidly in their organizations and to be effective as leaders. Unlike programs offered by management schools, our graduates have achieved the level of technical expertise that is comparable to a student with a PhD in mathematics and a field in financial mathematics.