MBA/MS Mathematics in Finance
Degree Requirements
MBA Program Outline
| Required Core* | 7.5 |
| Menu Core | 12 |
| Capstone Core | 1.5-3 |
| Elective Courses | 15-16.5 |
| Total | 36** |
MS Mathematics in Finance Program Outline
| Required Courses | 18 |
| Intermediate Elective Courses | 9 |
| Advanced Elective Courses | 9 |
| Total | 36** |
Total credits required to complete both degrees = 72
* Required Core courses include COR1-GB.1306: Financial Accounting and Reporting and COR1-GB.2311: Foundations of Finance. This program assumes demonstrated proficiency in COR1-GB.1305: Statistics and Data Analysis before matriculating at Stern. COR1-GB.2311: Foundations of Finance has been made required and removed from Menu Core options as it is a prerequisite for later courses.
**Some courses are cross-listed
Sample Program Sequence - Details
72 total credits
First Year (Courant)
| Modules | Courses | Credits |
|---|---|---|
| Fall: Register at Courant September – December (12 credits) | MATH-GA.2791 Derivative Securities MATH-GA.2751 Risk and Portfolio Management with Econometrics MATH-GA.2902 Stochastic Calculus MATH-GA.2041 Computing in Finance | 3 3 3 3 |
| Spring: Register at Courant February – May (12 credits) | MATH-GA.2792 Continuous Time Finance MATH-GA.2043 Scientific Computing Choose TWO of the following six spring level 2 courses (3 credits each): MATH-GA.2706 PDE for Finance MATH-GA.2753 Advanced Risk Management MATH-GA 2708 Algorithmic Trading and Quantitative Strategies MATH-GA 2796 Mortgage-Backed Securities and Energy Derivatives MATH-GA 2752 Active Portfolio Management MATH-GA.2798 Interest Rate and FX Models | 3 3 6 |
| Summer May – August | Internship (through Courant career services) |
Second Year (Stern)
| Modules | Courses | Credits |
|---|---|---|
| Fall: Register at Stern September – December (15 credits) | Launch Coaching for Impact COR1-GB.1306 Financial Accounting and Reporting COR1-GB.2311 Foundations of Finance COR1-GB.1102 Leadership Choose at least TWO of the following menu core courses: COR1-GB.2103 Strategy I* COR1-GB.1303 Firms and Markets COR1-GB.2310 Marketing COR1-GB.2314 Operations Management FINC-GB.7311 Computational Methods for Finance (cross-listed MATH-GA.2045 ) | 3 3 1.5 1.5 3 3 3 3 |
| Spring: Register at Stern February – May (16.5 credits) | Choose at least TWO of the following four menu core courses: COR1-GB.2310 Marketing COR1-GB.2314 Operations Management COR1-GB.2303 The Global Economy COR1-GB.2104 Strategy II* Business Analytics (TECH-GB.2366 Data Science for Business: Technical or TECH-GB.3366 Data Science for Business: Managerial) Stern Elective or Additional Core Courses | 3 3 3 1.5 3 10.5 |
| Summer May – August | Business Internship (through Stern career services) |
*Strategy I and Strategy II are required to complete the Strategy core course. You must enroll in both sections of the course in the same term.
Third Year (Stern)
| Modules | Courses | Credits |
|---|---|---|
| Fall: Register at Stern September – December (16.5 credits) | COR-GB.3101 Professional Responsibility Stern Elective Courses FINC-GB 7314 Time Series Analysis and Statistical Arbitrage (cross-listed MATH-GA.2707) FINC-GB 7315 Credit Markets and Models (cross-listed MATH-GA.2797) MATH-GA.2755 Project & Presentation | 1.5 6 3 3 3 |
| Post Graduation | Full-Time Position (through Stern or Courant career services) |
Sample Program Sequence - Summary
| Year | Fall | Spring |
|---|---|---|
| First Year | Courant Courses (12) | Courant Courses (12) |
| Second Year | Stern Core and Courant Course (15) | Stern Core and Elective(s) (16.5) |
| Third Year | Stern Capstone Core and Electives (16.5) |
Total credits required to complete both degrees = 72