All of CFEM’s initiatives, whether academic or professional, focus on giving our MFE students the needed edge to start their careers in finance and opportunities to build robust professional networks that last a lifetime. When students leave the Ithaca campus for CFEM, they leave the traditional academic environment behind, and the focus of their learning shifts to an interactive and practitioner-led education. Practitioners are actively involved in the CFEM classroom as course instructors, project sponsors, guest lecturers, and career mentors.
The CFEM semester is part of a fully-integrated three-semester degree program specifically designed for our Master in Engineering with Financial Engineering concentration students (MFEs). MFE students interested in deepening their knowledge of financial data science and large-scale data applications in finance also have the opportunity to extend their program to include our fourth-semester FDS@CFEM immersion.
In addition to required courses, such as Quantitative Trading Strategies, the Financial Engineering Project, and the Financial Engineering Colloquium, our students are offered a variety of elective courses taught exclusively by financial professionals.
CFEM elective courses vary from year to year to accommodate the changing demands of the financial industry. The electives are structured to complement and broaden students' understanding of the current financial markets and to expand their ability to apply their quantitative knowledge efficiently and productively as future finance professionals.
CFEM Financial Engineering Project
For more than five decades, Master of Engineering (MEng) students at Cornell University have undertaken various types of project work with companies and organizations as an integral part of their academic studies. Our Financial Engineering students work in teams on real-world problems offered by various sponsors working in the financial industry. Our CFEM faculty make every effort to ensure that each year our project slate encompasses a wide range of financial markets, including high-frequency trading, fixed income and equity derivatives, risk management, asset management and allocation.
The FE project serves as a vehicle for students to develop professionally and gain practical experience, while providing a sponsoring organization with a novel solution to a complex problem. Through the project work, our students not only apply their theoretical knowledge to solving a real-world problem, but they have an opportunity to improve their communication and presentation skills, to learn how to manage their sponsor's expectations, and to practice operating efficiently and effectively as a team.
Projects also offer our students significant opportunities to meet practitioners, secure employment, and establish a long-lasting professional relationship with sponsors.
CFEM Facilities @ Bloomberg Center, Cornell Tech
CFEM is located at 2 West Loop Road at the Bloomberg Center, on Roosevelt Island. The facility consists of open and refreshing spaces, campus feeling with the luxury apts/dorms, private conference rooms and state of the art classroom technology. Students have space in the Masters' Studio where they may utilize open study areas, and private meeting rooms with video conferencing capacity for live, interactive broadcasting between Ithaca campus and CFEM. Whether our students are attending a class lecture, working on their team projects, or hosting an interview in a quiet conference room, they can easily find places well suited for their needs. Take a look at the futuristic campus here.
Life in NYC
New York is an exciting and demanding city. Commonly referred to as the financial capital of the world, it offers our students many opportunities to meet like-minded finance professionals. But this is not all New York City has to offer. A wealth of entertainment, sporting and social events, and epicurean venues are at your disposal when you are here during your CFEM semester. Cornell's expanded presence in NYC is also reflected in many alumni events hosted at Cornell Club NYC and around other Cornell divisions in New York. It is all yours to experience and enjoy!