## Financial Instruments and Markets Specialization

The financial instruments and markets specialization includes courses on equity markets and debt instruments, as well as futures and options and other more specialized topics. This specialization focuses primarily on understanding the markets in which various financial instruments are traded and understanding the factors that influence the return and risk characteristics of financial instruments, both individually and in portfolios. The financial instruments and markets specialization may be suitable for students pursuing careers in the securities industry or the broad area of investment management.

Faculty Advisor: [Professor Yakov Amihud](https://www.stern.nyu.edu/faculty/bio/yakov-amihud), <ya1@stern.nyu.edu>

##
Course List

Take 9 credits from the following list, of which at least 6 credits are **FINC-GB** courses.

**Course Number****Course Title**FINC-GB.2334Financial Service IndustryFINC-GB.2339Real Estate Capital MarketsFINC-GB.2341Real Estate Investment StrategyFINC-GB.2347Climate Finance: An Economic and Financial Approach to Climate ChangeFINC-GB.2375Managing Climate, Cyber, Geopolitical, and Financial riskFINC-GB.2382Global Value InvestingFINC-GB.2386Chinese Financial MarketsFINC-GB.3103International Finance-International Investments AnalysisFINC-GB.3106Topics in Credit RiskFINC-GB.3129Behavioral and Experimental FinanceFINC-GB.3155Financial Analysis in HealthcareFINC-GB.3165Topics in Private Equity FinanceFINC-GB.3173 Venture Capital FinancingFINC-GB.3176Topics in InvestmentsFINC-GB.3180Topics in Cryptocurrency InvestingFINC-GB.3182Global Value InvestingFINC-GB.3186Project Finance and Infrastructure InvestmentFINC-GB.3198Bankruptcy and ReorganizationFINC-GB.3199Case Studies in Bankruptcy &amp; ReorganizationFINC-GB.3306Credit Risk &amp; BankruptcyFINC-GB.3324Digital Currency, Blockchains, &amp; Future of Financial ServicesFINC-GB.3331ValuationFINC-GB.3332Portfolio ManagementFINC-GB.3333Debt Instruments and MarketsFINC-GB.3335Futures and OptionsFINC-GB.3348Investing for Environmental and Social ImpactFINC-GB.3357Private Investing and Wealth ManagementFINC-GB.3365Private Equity FinanceFINC-GB.3373New Venture FinancingFINC-GB.3384Emerging Financial MarketsINTA-GB.2324Business, Economy and Policy in the midst of COVID-19TECH-GB.2350Robo Advisors and Systematic TradingTECH-GB.3350Financial Information SystemsSTAT-GB.2308Applied Stochastic Processes for Financial ModelsSTAT-GB.3321Introduction to Stochastic Processes

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