BS in Operations Research:Financial Engineering

Financial Engineering is a multidisciplinary field integrating financial theory with economics, methods of engineering, tools of mathematics and practice of programming. The Financial Engineering concentration within the Operations Research program is designed to provide training in the application of engineering methodologies and quantitative methods to finance. Students in this concentration are prepared to enter careers in securities, banking, financial management, consulting industries, quantitative roles in corporate treasury, and finance departments of general manufacturing and service firms.

Students who are interested in pursuing the rigorous concentration in OR:Financial Engineering must demonstrate consistent strength in calculus, computer programming, linear algebra, ordinary differential equations, probability, and statistics. Applications to the concentration will be accepted during the sophomore year; students will receive the departmental decision by the summer following the end of the sophomore year. Students may apply onlineThere is no cap in the number of students accepted into this concentration.

Please note that in order to be officially considered for the Financial Engineering concentration, we require that you be in good academic and conduct standing with the University. By submitting the application form, you are indicating that you understand this. In addition, your submission provides consent to the Office of Judicial Affairs to release information pertaining to your disciplinary/conduct history to our office.

Curriculum

Undergraduates are strongly recommended to follow the sequence of courses as outlined in the SEAS Bulletin. The prerequisites for this program are courses equivalent to those listed in the first- and second-year program. We encourage all students to take ECON W1105, IEOR E2261, COMS W1004/W1007 (JAVA), Data Structures (JAVA), IEOR E3658, IEOR E4307, Calculus, Linear Algebra, and Ordinary Differential Equations during their first two years. OR:FE students are required to complete a three-course Technical concentration.

It is recommended that required courses are taken in the semester specified in the Bulletin since later courses will assume adequate preparation.

We ask all IEOR majors to take the core courses during the prescribed semester.  Delaying core courses is not permitted and may result in future scheduling conflicts and delay in graduation. Request to drop an IEOR core course during the designated semester may result in an unofficial withdrawal (UW) on the transcript. Only students with special academic circumstances may be allowed to take these courses in alternate semesters with the consultation of CSA and Departmental advisors.

If a required elective on the list is not available, it must be replaced by another elective with the written approval of a faculty adviser.


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