Graduate Bulletin

Financial Engineering, M.S.

FOX SCHOOL OF BUSINESS AND MANAGEMENT

 

The M.S. degree program in Financial Engineering has been revised for Fall 2012. Current information is found at www.fox.temple.edu/cms_academics/specialized-masters-program/finance-main/financial-engineering/.

 
Admission Requirements and Deadlines
Application Deadline:

Fall:

  • December 10 - Early Decision
  • March 1 - International Application Deadline
  • May 31 - Domestic Application Deadline
  • June 30 - Late Deadline

Applications are processed as they are received throughout the year.

APPLY ONLINE to this graduate program.

Letters of Reference:

Number Required: 2

From Whom: Recommendations should be professional references from supervisors and co-workers or academic references. References should be obtained from those who know the applicant well and who can attest to the applicant's ability to excel in the M.S. in Financial Engineering program.

Coursework Required for Admission Consideration:

A strong record of achievement in quantitative coursework, including Multivariate Calculus, Linear Algebra, and Advanced Statistics and Probability, is required. Prior or anticipated exposure to Finance and Computer Programming is also required.

Bachelor's Degree in Discipline/Related Discipline:

A baccalaureate degree is required.

Statement of Goals:

An essay on your professional plans and goals is required. This statement should be 1 to 3 pages in length and reflect your influences, values, and aspirations and interest in the M.S. in Financial Engineering program. The following questions may be addressed:

  • What particular past experiences or previous exposure (academic, professional, etc.) prepared or motivated you to pursue an M.S. in Financial Engineering degree?
  • How would you expect to change over the course of the program?
  • What personal and professional values and skills do you hope to acquire through the academic content?
  • How will obtaining the M.S. in Financial Engineering degree support your career objectives or potential career path(s)?
  • Given the importance of teamwork and collaboration in business, what are the most significant strengths or contributions you bring to a team?
Standardized Test Scores:

The GMAT/GRE is required. The average GMAT score for the past several years has been approaching 650.

Minimum TOEFL scores needed to be accepted: 100 iBT or 600 PBT. Applicants may substitute the IELTS for the TOEFL with a comparable minimum score of 7.5.

Resume:

A resume is required.

Transfer Credit:

Transfer credit is not accepted for the M.S. in Financial Engineering program.

Program Requirements
General Program Requirements:

Number of Didactic Credits Required Beyond the Baccalaureate: 30

Required Courses:

FIN 5103:  Financial Risk Management

FIN 5105:  Advanced Option Theory

FIN 5106:  Interest Rate Options

FIN 5108:  Derivatives

FIN 5121:  Continuous Time Finance
FIN 5182:  Independent Study

FIN 5190:  Special Topics: Econometrics

FIN 5501:  International Financial Markets

MSOM 5111:  Optimization Methods

STAT 8114:  Survival Analysis I

Internship: No internship is required.

Language Examination: No language examination is required.

Culminating Events:

There are no culminating events.

Contacts
Program Contact Information:

www.fox.temple.edu/cms_academics/specialized-masters-program/finance-main/financial-engineering/

Department Information:

Fox School of Business and Management

1801 Liacouras Walk

701 Alter Hall (006-22)

Philadelphia, PA 19122

foxinfo@temple.edu

215-204-5890

215-204-7678

215-204-1632 (fax)

Department Contacts:

Program Director:

John Soss

jsoss@temple.edu

215-204-8453

Graduate Chairperson:

Kenneth Kopecky

kkopecky@temple.edu

215-204-8279

About the Program

The M.S. in Financial Engineering is an interdisciplinary program in the Fox School of Business and Management. The curriculum combines studies in financial theory, mathematical modeling, computational methods, and global markets.

Time Limit for Degree Completion: 2 years

Campus Location:

Center City, Fort Washington

Required business core courses are offered at the Center City and Fort Washington campuses through a rotation cycle. A selection of upper-level courses is offered at the Center City and Fort Washington campuses each semester. Courses may also be offered online.

Full-Time/Part-Time Status:

Students are required to complete the degree program through classes offered after 4:30 p.m. Students are able to complete the degree program on a part-time basis (8 credit hours or less per semester).

Department Information:

Fox School of Business and Management

1801 Liacouras Walk

701 Alter Hall (006-22)

Philadelphia, PA 19122

foxinfo@temple.edu

215-204-5890

215-204-7678

215-204-1632 (fax)

Interdisciplinary Study:

Not applicable.

Affiliation(s):

Research is supported by the Fox School of Business and Management's Advanta Center for Financial Services Studies, the Center for e-Marketing, the Center for Healthcare Research and Management, the Ethics Resource Center, the Irwin L. Gross eBusiness Institute, the Innovation and Entrepreneurship Institute, the Institute of Global Management Studies, the Safeguard Scientific Center for Economics Education, and the Small Business Development Center. Research interests of the Fox School faculty are also supported by numerous centers and institutes throughout Temple University. Faculty in the Finance Department conducts research in acquisitions dividend policy, asset-based back securities, corporate governance, corporate restructuring, portfolio theory, and real estate analysis.

Ranking:

The Fox School of Business and Management is highly ranked. Current ranking information may be viewed at the following website:

http://www.fox.temple.edu/cms_about-fox/rankings/.

Accreditation:

All Fox School of Business and Management graduate business programs are accredited by the Association to Advance Collegiate Schools of Business International (AACSB International), the association for management education.

Areas of Specialization:

To gain mastery, students complete a minimum of ten advanced level courses (5000 level or above) beyond either the prerequisites or foundation curricula.

Job Placement:

Professionals with a Financial Engineering focus are distinctively qualified to contribute in financial modeling, information technology, institutional risk management, portfolio management, securities trading and sales, and more.

Non-Matriculated Student Policy:

Students with an undergraduate GPA of 3.0 or higher may be allowed to take classes under non-matriculated status. Non-matriculated students may take a maximum of 9 credit hours. Any additional courses require the student to be matriculated in a program.

Financing Opportunities

Assistantships, when available, require 20 hours of service per week engaging in teaching and/or supervised research. An assistantship provides a stipend and tuition scholarship.

Updated 11.1.12