Industrial & Operations Engineering

Masters FE Option

Suggested Courses for MS IOE (Financial Engineering)

Mathematical tools

Courses in this group focus on the mathematical background used in financial engineering.

Stat 500 — Applied Statistics I. (3 cr.)

IOE 506 (or Math 506 or Stat 506) — Stochastic Analysis for Finance (3 cr.)

IOE 510 (or Math 561 or SMS 518) — Linear Programming I (3 cr.)

IOE 511 ( EECS 505 or Math 562) — Continuous Optimization Methods (3 cr.)

IOE 512 — Dynamic Programming (3 cr.)

IOE 515 (or Math 526 or Stat. 526) — Stochastic Processes (3 cr.)

IOE 516 — Stochastic Processes II (3 cr.)

IOE 518 – Introduction to Integer Programming (2 cr.)

IOE 519 – Introduction to Nonlinear Programming (2 cr.)

EECS 558 — Stochastic Control (3 cr.)

IOE 565 — Time Series Modeling, Analysis, Forecasting (3 cr.)

Math 572 — Numerical Methods for Scientific Computing II (3 cr.)

EECS 558 — Stochastic Control (3 cr.)

ECON 610 — Stochastic Dynamic Optimization in Economics (1.5 cr.)

Stat 620 — Theory of Probability I (3 cr.)

Math 625 (or Stat 625) Probability and Random Processes I (3 cr.)

Math 626 (or Stat 626) Probability and Random Processes II (3 cr.)

 

Financial Engineering

Courses in this group cover the core financial engineering courses.

IOE 452 — Corporate Finance (3 cr.)

IOE 453 (or Math 423) — Derivative Instruments (3 cr.)

IOE 552 — Financial Engineering I (3 cr.)

IOE 553 – Financial Engineering II (3 cr.)

IOE 623 (or Math 623) — Computational Finance (3 cr.)

 

Electives

Elective courses in economics, computer science, finance, and IOE.

Econ 574 — Advanced Quantitative Methods: Forecasting and Modeling (3 cr.)

EECS 484 — Database Management Systems (4 cr.)

EECS 486 — Object-Oriented Methodology (4 cr.)

EECS 492 — Introduction to Artificial Intelligence (4 cr.)

EECS 581 — Software Engineering Tools (3 cr.)

EES 584 — Advanced Database Systems (3cr.)

FIN 580 — Options and Futures in Corporate Decision Making (1.5 cr.)

FIN 618 — Derivative Instruments (1.5 cr.)

(FIN 608 and 609) or FIN 610 — Investments (3 cr.)

(FIN 612 and 614) or FIN 613 — Internat’l Finance and Internat’l Financial Markets
(3 cr.)

IOE 460 — Decision Analysis (2 cr.)

IOE 560 (or Stat 550 or SMS 603) — Bayesian Decision Analysis (3 cr.)