Naveen Jindal School of Management
Master of Science in Financial Engineering and Risk Management
36 semester credit hours minimum
Faculty
Professors: Ashiq Ali, Daniel A. Cohen, William M. Cready, Umit G. Gurun, Suresh Radhakrishnan, John J. Wiorkowski
Clinical Professor: John Barden
Associate Professors: Zhonglan Dai, Rebecca Files, Surya N. Janakiraman, Ningzhong Li, Ramachandran (Ram) Natarajan, Gil Sadka, Jieying Zhang, Yuan Zhang, Yibin Zhou
Clinical Associate Professor: Avanti P. Sethi
Assistant Professors: Bin Li, Meng Li, Naim Bugra Ozel, Nir Yehuda
Clinical Assistant Professor: John Gamino
Senior Lecturers: Arthur M. Agulnek, Anindita Bardhan, Tiffany A. Bortz, Richard Bowen, Carol Flannery, Mary Beth Goodrich, Jennifer G. Johnson, Chris Linsteadt, Joseph Mauriello, Matt Polze, Steven Solcher, Amy L. Troutman, Kathy Zolton
Visiting Assistant Professor: Lale Guler
Degree Requirements
The Master of Science in Financial Engineering and Risk Management at the Naveen Jindal School of Management is a cohort degree program that requires a minimum of 36 semester credit hours. Students learn the quantitative skills required to analyze financial information, engineer financial products, identify risks, and manage risks. The program is designed for students with or without previous educational background in finance, but with a proclivity toward more quantitative approaches to managerial issues. While many students will want to tailor their program to their interests, one can take the coursework necessary to prepare for either the Financial Risk Manager (FRM) exam or the Enterprise Risk Management Certified Professional (ERMCP) designation. Special tuition, fees and admissions requirements apply and the program is supported entirely by participant tuition/fees.
To apply for this degree program, an undergraduate degree is required (all majors are considered). Students must maintain a 3.0 grade-point average (GPA) in both core courses and in aggregate courses to qualify for the MS degree.
Prerequisites
Students pursuing the Master of Science in Financial Engineering and Risk Management degree program are required to have completed course work in calculus (including multivariate calculus), linear algebra, probability and statistics, and programming with a grade of "B" or better. Applicants who have not satisfied these requirements may be admitted but will need to satisfy the prerequisites within the first 12 semester credit hours of graduate study. To do so, they will need to work out a course plan with the program director. Degree credit is not earned for program prerequisites, however, the grade achieved in prerequisites will count toward the student's grade-point average (GPA).
Course Requirements
Core Courses: 18 semester credit hours
ACCT 6305 Accounting for Managers
or ACCT 6301 Financial Accounting
FIN 6301 Financial Management
FIN 6306 Quantitative Methods in Finance
FIN 6360 Options and Futures Markets
MECO 6303 Business Economics
MECO 6312 Applied Econometrics and Time Series Analysis
Elective Courses: 18 semester credit hours
Select six courses from the elective courses below:
ACCT 6312 Cybersecurity Fundamental
ACCT 6320 Database Foundations
ACCT 6336 Information Technology Audit and Risk Management
FIN 6340 Management of Financial Institutions
FIN 6342 Insurance and Risk Management
FIN 6352 Financial Modeling
FIN 6362 Quantitative Financial Management
FIN 6364 Portfolio Analysis and Management
FIN 6368 Financial Information and Analysis
FIN 6381 Introductory Mathematical Finance
FIN 6382 Numerical and Statistical Methods in Finance
FIN 6383 Financial Risk Management
FIN 6385 Enterprise Risk Management
FIN 6V98 Finance Internship
FIN 6V99 Special Topics in Finance
OPRE 6335 Risk and Decision Analysis