4+1 B.S. in Financial Mathematics from Seton Hall and M.S. in Financial Engineering from Steven Institute of Technology

Curriculum

B.S. in Financial Mathematics at Seton Hall University

Freshman Year
CSAS 1114Intro to Program Design I3
MATH 1501Calculus I - Math - Phys Sci4
MATH 1511Calculus II - Math - Phys Sci4
MATH 1611Intro to Discrete Mathematics3
PHIL 1204Symbolic Logic (recommended) *3
ECON 1402Principles of Economics I3
ECON 1403Principles of Economics II3
Junior-Senior Year
MATH 3515Analysis4
MATH 3711Statistical Analysis3
MATH 6721Financial Calculus3
MATH 7722 (MATH 6722)3
Select four of the following five BFIN courses:12
Financial Strategy
Investment Analysis
BFIN 4234Futures, Options and Other Derivatives3
Fixed Income Analysis
BFIN 4253
(remove 4253)
Financial Modeling
Total Hours51

Junior-Senior Year courses taken at Seton Hall towards the M.S. in Financial Engineering:

  • Take the graduate course DAVA 7000 Data Visualization which will count towards FE550 Data Visualizations Applications in the M.S. in Financial Engineering.
  • Students wishing to obtain the M.S. in Financial Analytics take MATH 6611 Operations Research Operations Research that counts towards FE646 Optimization Models and Methods in Finance.
  • Take the graduate course MATH 6721 Financial Calculus (required for B.S. in Financial Mathematics) that counts towards FE530 Introduction to Financial Engineering for the M.S. in Financial Engineering.
  • Take the graduate course MATH 6722 Adv Topics Financial Calculus (required for B.S. in Financial Mathematics) which counts towards FE543 Introduction to Stochastic Calculus for Finance for the M.S. in Financial Engineering as well as the B.S. in Financial Mathematics.

If the student chooses to take all 4 courses at Seton Hall, only three will be accepted for a total of 9 credits at Stevens. Students must attain a minimum grade of B in any SHU course to transfer to Stevens.

Last Year as Graduate in M.S. in Financial Engineering at Stevens Institute of Technology

Fall Semester (12 Credits)
  • FE 610 Stochastic Calculus for Financial Engineers (3 credits)
  • FE 620 Pricing and Hedging (3 credits)
  •  FE 630 Portfolio Theory and Applications (3 credits)
  • FE electives (3 credits). All FE courses count but students can choose from graduate courses in Business Intelligence & Analytics, Finance, Management, Information Systems, Math or Computer Science, with the approval of the Stevens assigned advisor. Examples are:
    • FE 511 Introduction to Bloomberg & Thomson Reuters (1 credit)
    • FE 515 Introduction to R (1 credit)
    • FE 520 Introduction to Python (1 credit)
    • FE 514 Introduction to SAS (1 credit)
    • FE 535 Introduction to Financial Risk Management (3 credits)
    • FE 541 Applied Statistics with Application in Finance (3 credits)
    • FE 550 Data Visualization Application (3 credits)
    • FE 595 Financial Systems Technology (3 credits)
    • FE 635 Financial Enterprise Risk Engineering (3 credits)
    • FE 646 Optimization Models and Methods in Finance
    • FE 655 Systemic Risk and Financial Regulation (3 credits) (1 credit)
    • Courses above the 500 level with prefixes BIA, CS, FE, FIN, MA, MGT, or MIS (advisor approval required)
Spring Semester ( 9 Credits)
  • FE 621 Computational Methods in Finance (3 credits)
  • FE 680 Advanced Derivatives (3 credits)
  • FE 800 Project in Financial Engineering (3 credits)

In the case when the student decides to opt for a Master thesis option the student will replace the elective in Fall with FE 900 3 credits and the FE 800 in the spring with FE 900.

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