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Quantitative Finance Specialization

The quantitative finance specialization prepares students for careers in finance that are more mathematically demanding than the typical MBA paths. In recent years we have seen an increase in the demand for analytical skills in the financial service industries. Understanding recent developments in financial markets and products requires a degree of sophistication not only in finance, but also in stochastic processes, statistics, and applied economics. Courses within both finance and statistics allow students to pursue advanced work in these areas. The financial instruments taught prepare students to enter the financial world with knowledge of still-developing assessment techniques.

Academic Advisors:
Professor Joel Hasbrouck, 212-998-0310
Professor Peter Lakner, 212-998-0476

Course List

3 credits from these Statistics courses:

STAT-GB.2302 Forecasting Time Series Data
STAT-GB.2308 Applied Stochastic Processes for Financial Models
STAT-GB.2309 Mathematics of Investment
STAT-GB.3127 Statistical Aspects of Market Risk
STAT-GB.3301 Introduction to the Theory of Probability
STAT-GB.3321 Introduction to Stochastic Processes
STAT-GB.3323 Stochastic Models in Finance
STAT-GB.3383 Frequency Domain Time Series Analysis


3 credits from these Finance courses:

FINC-GB.2349 Trading in Cash and Derivative Securities
FINC-GB.2350 Alternative Investments I: Principles and Strategies
FINC-GB.2351 Alternative Investments II: Practice and Application
FINC-GB.3105 Volatility
FINC-GB.3121 Topics in Hedge Fund Strategies
FINC-GB.3149 Structure and Dynamics of Financial Markets
FINC-GB.3305 Credit Risk
FINC-GB.3321 Hedge Fund Strategies
FINC-GB.3332 Portfolio Management
FINC-GB.3333 Debt Instruments and Markets
FINC-GB.3335 Futures and Options
FINC-GB.3340 Advanced Futures and Options

The remaining credits can be any Statistics course from group 1, any FINC-GB course (not restricted to Group 2) OR one of the following:

INFO-GB.2350  Trading Strategies and Systems
INFO-GB.3350  Financial Information Systems

For course descriptions, please see the Records & Registration website. If you are having trouble pointing your final 3.0 credits toward this specialization, please contact a program advisor from Academic Affairs and Advising (