MSFE Program Schedule
Pre-Fall semester (mid-August) - 3 credits
Includes linear equations, matrix algebra, multivariate calculus, static optimization, comparative static analysis, constrained optimization, and Kuhn-Tucker conditions.
Fall (August – December) – 13.5 credits
Begins with a review of probability and statistics. Remainder of course is spent discussing the Classical linear regression model, least squares and maximum likelihood estimation, finite and asymptotic sample properties, inference, prediction, and nonlinear optimization.
Fixed income expertise is a crucial skill set for success in a financial career. Course topics include interest rates, term structure, risk, valuation, and credit analysis of the major market segments (treasuries, corporates, asset-backed and international bonds).
Among other financial principles, this course covers multipored capital budgeting under uncertainty, real options analysis, optimal capital structures, acquisition valuation, and optimal dividend policy.
Analyzes consumer and producer theory exploring the implications for resource allocation and market efficiency and then gradually transitioning through intertemporal economics to finance theory.
Students manage an actual portfolio. Topics include portfolio management and security analysis with the current macroeconomic context.
Spring (January – May) – 10.5 credits
This course is an introduction to the use of computational tools that are useful in the implementation of quantitative financial theories. As such, it’s very applied in nature. The focus will be on the implementation of ideas that you have learned in your courses such as econometrics, investments, and derivatives.
This course presents analytical tools for quantitative investment analysis. Using SAS, we examine topics including fundamental analysis, return predictability, portfolio theory, and implications from market efficiency.
This course covers forwards, futures, swaps and options. By the end of the course, students will have a solid understanding of how these products work, how they are used, how they are priced and how financial institutions trade them for the purposes of speculation and hedging.
Students manage an actual portfolio. Topics include portfolio management and security analysis within the current macroeconomic context.
Summer – 3 credits
Master’s level research.