Current & New MS/FE Students
A customized track provides students the opportunity to select courses spanning all tracks that meet their individual interests and career goals. Students interested in a customized track must obtain advance approval from the faculty advisor via a Statement of Purpose, which must include three elements:
- Educational and career goals you would like to accomplish through the custom track
- List of specific courses, totaling 7.5 credits that might constitute your program (keep in mind that certain courses may not be available every term).
- Explanation of how/why your proposed track meets your goals better than the existing tracks.
Minor in Finance
Graduate students enrolled in other NYU graduate programs may request enrollment in FRE courses for up to 6 credits per semester with the approval of their graduate program advisor. Undergraduate students are not allowed to take courses in the MS in Financial Engineering program, except for those in a combined BS/MS program. It is the students’ responsibility to consult with their academic advisor if the courses they plan to take satisfy degree requirements in their program, and to obtain approval to enroll in Financial Engineering courses via the FRE cross-registration form. Please review the NYU cross-school registration policy prior to submitting cross-registration requests.
Download the cross-registration form
Course Description Video List
- Financial Accounting FRE-GY 6003
- This course provides a solid foundation in the construction and interpretation of financial statements. Topics include accounting terminology; financial statement preparation and analysis; liquidity and credit risk ratios; depreciation calculations; revenue recognition; and accrued liabilities and asset valuation. Also covered are the effects of equity transactions; cash flows; and various accounting methods on financial statements.
Prerequisite: Graduate Standing. Co-Requisite: None. Notes: None.
- Economic Foundations in Finance FRE-GY 6023
- This course studies the interactions between money, the financial system and the economy. Topics include supply and demand; consumer theory; theory of the firm; production costs and other subject areas such as interest rates and asset returns. This course summarizes key insights from financial economics as the methodological and conceptual basis of financial engineering.
Prerequisite: Graduate Standing
- Quantitative Methods in Finance FRE-GY 6083
- This course focuses on quantitative methods and financial modeling. Probability theory, stochastic processes and optimization are studied and applied to a broad variety of financial problems and their derivatives. Topics include probability spaces; conditional probability; densities; distributions; density estimators; multivariate probability; moment-generating functions; random walks; Markov processes; Poisson processes; and the Brownian-motion process.
Prerequisite: Students are expected to know calculus and elementary probability and Graduate Standing
- Corporate Finance FRE-GY 6103
- The modern corporation, as issuer of financial securities and end-user of financial risk-management products, is a major participant in financial markets and the economic counterpart to investors and financial intermediaries. The mechanism of financial markets and the valuation of instruments are studied in further detail in other courses. However, this course applies the tools of the trade of financial economics and corporate finance to the financial decision-making process of firms. Upon successful completion of this course, students know how to contribute to optimal financial decisions in a corporation: valuation; capital budgeting; risk; capital structure; dividend policy; long-term financing; risk management; and mergers and acquisitions. Increasingly important international factors that affect corporate finance are stressed throughout.
Prerequisite: Graduate Standing
- Financial Risk Management and Asset Pricing FRE-GY 6123
- This course introduces the techniques and problems of Financial Risk Management and Asset Pricing. It emphasizes risk finance and attitudes; Value at Risk; risk measurement principles; valuation and expected utility and their relevance in the valuation and the pricing of financial investments; insurance; management of derivatives; and risk management. Throughout, risk-management application problems are explored., The course introduces and focuses on the fundamental principles of the Arrow-Debreu state preference theory used to price derivatives and other assets in complete markets. Risk neutral-Binomial models in option pricing; essential elements of Ito calculus; and the Black-Scholes model for pricing options are introduced and applied to practical financial decision making and risk management problems. Prerequisite: Graduate Standing
Watch videos to learn more about these courses:
FRE 6003 Financial Accounting - Professor Ingrid Marshall
FRE 6023 Economic Foundations in Finance - Professor Barry Blecherman
FRE 6083 Quantitative Methods - Professor Agnes Tourin
FRE 6103 Corporate Finance - Professor Xu
FRE 6123 Risk Management and Asset Pricing - Professor Phil Maymin
To see full curriculum, go to Curriculum Page.