I chose this program, first of all, because it's a great school, it's a great program, and it's also in New York City.
- Carlos Chavez (TANDON ‘18)
Pre-Program Boot Camp
In order to help incoming students reach their maximum potential, the FRE department provides a comprehensive two-part pre-program boot camp every summer. The boot camp consists of an optional six-week online class in June and July, and a mandatory two-week intensive program in person in early August. Covered topics include: Capital Markets, Advanced Calculus, Linear Algebra, Python Programming, Probability, Statistics & Risk Management.
The boot camp’s purpose is to prepare incoming students for the interview process that will begin soon after the start of the Fall semester. The top financial firms recruit in October for quantitative internships beginning in June of the following year. The boot camp evaluates students on a pass/fail basis, but the perspective gained is invaluable for gaining an overall understanding of firms' expectations of job candidates coming from an engineering school. The types of questions asked by interviewers are broad, ranging from mathematical brain teasers to technical programming questions involving machine learning and artificial intelligence. Candidates may also be asked to take written exams with questions on stochastic calculus, Black-Scholes theory, or Python coding. There is a lot to know, and few people (if anyone) has mastered it all, but attending the boot camp is the fastest way to become familiar with the landscape of topics important to the modern financial services industry.
Customized Educational Experience
NYU Tandon MSFE students have the flexibility to tailor their academic and professional focus in a way that best suits their interests and backgrounds. The Tandon MSFE is not a “one-size-fits-all” program, and is proud to have graduates beginning their careers in a range of functions within industry; from Traders, to Desk Quants, Risk Analysts, Software Developers and beyond.
Large Course Offering
Small Class Sizes
The NYU Tandon MSFE average class size is around 15 students, and no classes are larger than 30.
MSFE Career Guidance
In addition to the resources provided by the university-wide NYU Wasserman Career Center MSFE students have the benefit of receiving career support through the in-house FRE Department Career Resources as well. From FRE alumni networking events, to recruiting presentations, resume reviews, and mock interviews; there is no shortage of resources available to students in the program. The FRE Career Placement Director works closely with students in the program to provide the resources and guidance they need to succeed.
Weekly Seminars with Industry Practitioners
For the Tandon MSFE, integration with industry not just a “nice to have,” it’s a “must have.” In the 2018-19 academic year, over 10 new professors were brought on board from industry, and that number continues to grow. The program is constantly evolving and adapting to the ever-changing climate of the industry and markets.
Distinguished Thought Leadership
The Department Chair, Professor Peter Carr, brings years of experience leading global quant groups at Morgan Stanley and Bloomberg as well as accomplishments ranging from being named Risk Magazine’s 2003 Quant of the Year and the 2010 IAQF/SunGard Financial Engineer of the Year, to making Institutional Investor’s Tech 50 List (2013-2015) and beyond. Like Peter, the program is proud to have Professor Charles Tapiero, the Topfer Chair Distinguished Professor of Financial Engineering and Technology Management and co-founder and co-editor in chief of Risk and Decision Analysis.
For questions about the application process, application status, or to speak with an admissions counselor, please contact:
Office of Graduate Enrollment Management and Admissions
NYU Tandon School of Engineering
458 Pike Road
Huntingdon Valley, PA 19006
Phone: (646) 997-3182
The Finance and Risk Engineering Department does not accept transfer students from any programs within the NYU Tandon School of Engineering, New York University as a whole, or from any outside schools. If you would like to enroll into the program, please submit an application as per the guidelines outlined above.