## 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.

Faculty Advisors:
[Professor Joel Hasbrouck,](https://www.stern.nyu.edu/faculty/bio/joel-hasbrouck) <jh4@stern.nyu.edu>
[Professor Peter Lakner,](https://www.stern.nyu.edu/faculty/bio/peter-lakner) <pl3@stern.nyu.edu>

## Course List

3 credits from these Statistics courses:

**Course Number****Course Title**OPMG-GB.2150Decision Models and AnalyticsOPMG-GB.2350Decision Models and AnalyticsSTAT-GB.2301Regression and Multivariate Data Analysis STAT-GB.2302Forecasting Time Series DataSTAT-GB.2308Applied Stochastic Processes for Financial ModelsSTAT-GB.2309Mathematics of InvestmentSTAT-GB.3301Introduction to the Theory of ProbabilitySTAT-GB.3321Introduction to Stochastic Processes

AND

3 credits from these Finance courses:

**Course Number****Course Title**FINC-GB.2328Real Estate Data Science, Artificial Intelligence, and Machine LearningFINC-GB.2347Climate Finance: An Economic and Financial Approach to Climate ChangeFINC-GB.2375Managing Climate, Cyber, Geopolitical, and Financial RiskFINC-GB.3105VolatilityFINC-GB.3106Topics in Credit RiskFINC-GB.3147A Financial Approach to Climate ChangeFINC-GB.3155Financial Analysis in HealthcareFINC-GB.3180Topics in Cryptocurrency InvestingFINC-GB.3306Credit Risk and BankruptcyFINC-GB.3332Portfolio ManagementFINC-GB.3333Debt Instruments and MarketsFINC-GB.3324Digital Currencies, Blockchains, and the Financial Services IndustryFINC-GB.3335Futures and Options

The remaining 3.0 credits can be selected from the list below:

- Statistics course from Group 1
- Any FINC-GB course (not restricted to Group 2)
- One of the following:

**Course Number****Course Title**INTA-GB.3145Investment Banking and Private Equity in Media and Entertainment FinanceTECH-GB.2350Robo Advisors and Systematic TradingTECH-GB.3350Financial Information Systems

For course descriptions, please see the [Records &amp; Registration website](/portal-partners/registrar/course-information/course-descriptions-prerequisites).

If you are having trouble pointing your final 3.0 credits toward this specialization, please contact a program advisor from Academic Affairs and Advising (<academicaffairs@stern.nyu.edu>).
