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
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:

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.2350 Alternative Investments I: Principles and Strategies
FINC-GB.2351 Alternative Investments II: Practice and Application
FINC-GB.2375 Managing Climate, Cyber, Geopolitical risk
FINC-GB.3105 Volatility
FINC-GB.3106 Topics in Credit Risk
FINC-GB.3121 Topics in Hedge Fund Strategies
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.3305 Credit Risk
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
FINC-GB.3340 Advanced 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).