Curriculum

To earn a Master of Science in Financial Engineering, students must complete 33 credits to qualify for graduation. The structure of the program is as follows:

 

Students may choose from one of the following tracks:

  • Corporate Finance and Financial Markets
  • Computational Finance
  • Technology and Algorithmic Finance
  • Risk Finance

Students must also complete the Bloomberg Essentials Online Training Program and earn the Acknowledgement of Completion to qualify for graduation. The Department will support your efforts to complete the training program by providing many Bloomberg terminals and laboratory assistants to answer your questions. This is a zero-credit requirement, listed as FRE 5500.

Graduate students enrolled in other NYU graduate programs may enroll in FRE courses 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 available in the Student Resources page. Please review the NYU cross-school registration policy prior to submitting cross-registration requests.

CORE COURSES (15 CREDITS)

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TRACK-REQUIRED COURSES (7.5 CREDITS)

Financial Markets and Corporate Finance Track

Required

3 of the Following Courses:

Computational Finance Track

Required

3 of the Following Courses:

Technology and Algorithmic Finance Track

Required

3 of the Following Courses:

Risk Finance Track (Credit Risk, Financial Management, and Insurance)

7.5 Credits from:

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APPLIED LAB (1.5 CREDITS)

Students from all tracks except Risk Finance must choose 1 lab from the following:

Note: Waivers are possible.

REQUIRED CERTIFICATION (0 CREDITS)

CAPSTONE (3 CREDITS)

Choose 1 capstone option:

(200 hours at least; 2 reports to the faculty are required)

(project under faculty supervision)

2 special topics courses of 1.5 credits each, with a capstone paper submitted to the faculty.

CAPSTONE ASSESSMENT (0 CREDITS)

The Master of Science in Financial Engineering program offers four types of Capstone experiences to its graduate students: theses, projects, special topics, and internships. This Capstone Assessment will serve as a centralized measure for the various types of Capstone experiences to identify whether students have successfully completed this experience and garner feedback about graduating students' skills and professional readiness. Note: course should be completed during final semester of studies.

Prerequisites: FRE-GY 9973 or FRE-GY 7023 or FRE-GY 7043 or two special topics courses of 1.5 credits each, with a capstone paper submitted to the faculty.

GENERAL ELECTIVES (6 CREDITS)

Students may choose from any FRE courses outside of their specific track to fulfill these elective requirements or they may choose from the below general elective courses. They may also elect to register for up to three (3) classes (maximum of one 1 per semester) at select schools/programs at NYU. Students may only enroll for courses at other schools of NYU that are not offered at the School of Engineering. Please review the NYU cross-school registration policy prior to submitting cross-registration requests.

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