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:

Course Number Course Title
OPMG-GB.2350 Decision Models and Analytics
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.3383 Frequency Domain Time Series Analysis

AND

3 credits from these Finance courses:

Course Number Course Title
FINC-GB.2328 Real Estate Data Science, Artificial Intelligence, and Machine Learning
FINC-GB.2347 Climate Finance: An Economic and Financial Approach to Climate Change
FINC-GB.2375 Managing Climate, Cyber, Geopolitical risk
FINC-GB.3105 Volatility
FINC-GB.3106 Topics in Credit Risk
FINC-GB.3147 A Financial Approach to Climate Change
FINC-GB.3155 Financial Analysis in Healthcare
FINC-GB.3180 Topics in Cryptocurrency Investing
FINC-GB.3306 Credit Risk and Bankruptcy
FINC-GB.3321 Hedge Fund Strategies
FINC-GB.3332 Portfolio Management
FINC-GB.3333 Debt Instruments and Markets
FINC-GB.3324 Digital Currencies, Blockchains, and the Financial Services Industry
FINC-GB.3335 Futures 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.3145 Investment Banking and Private Equity in Media and Entertainment Finance
TECH-GB.2350 Robo Advisors and Systematic Trading
TECH-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 (academicaffairs@stern.nyu.edu).