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  • This new curriculum has been implemented in fall 2007. A version of this curriculum for Johnson graduate School of Management students can be obtained from 201 Rhodes Hall.
  • Until and including spring 2008, Cornell undergraduates in ORIE can still be admitted to the M.Eng with a concentration in FE under the old curriculum requirements
  • Proposed deviations in a student's courses from the requirements require written agreement of the program director.

Course offerings and times may be subject to change.

To earn the Master’s of Engineering in Financial Engineering, students must complete the following coursework:

First Term (Fall)

  • Introduction to Derivatives, Part I (1/2 semester course) (NBA 6730)
  • Introduction to Derivatives, Part II (1/2 semester course) (NBA 6740)
  • Financial Engineering with Stochastic Calculus I (ORIE 5600)
  • Fixed-Income Securities and Interest-Rate Derivatives (NBA 5550)
  • Optimization I (ORIE 5300)
  • Monte Carlo Simulation (ORIE 5581)

Second Term (Spring)

  • Financial Engineering with Stochastic Calculus II (ORIE 5610)
  • Topics in Linear Optimization (ORIE 5311)
  • Statistics for Financial Engineering (ORIE 5640)
  • Monte Carlo Methods in Financial Engineering (ORIE 5582)
  • Investments and Portfolio Analysis (NBA 5420)
  • Enterprise Engineering Colloquium (ORIE 9101)

Summer Term

  • Internship

Third Term (Fall)

  • Applied Financial Engineering Project Course (ORIE 5961)
  • Credit Risk (ORIE 5620)
  • Enterprise Engineering Colloquium (ORIE 9160)

In addition, students must take a minimum of 6 credit hours from the following elective courses:

  • Computational Methods in Finance (ORIE 5630) or NBA 5280
  • Quantitative Methods of Financial Risk Management (ORIE 5650)
  • Essentials of Corporate Finance (NBA 5400)
  • International Finance (NBA 5540)
  • Equity Derivatives and Related Products (NBA 6940)
  • Statistical Data Mining (ORIE 4740)
  • Applied Linear Statistical Models (ORIE 4710)
  • Introduction to Game Theory (ORIE 4350)
  • Applied Time-Series Analysis (ORIE 5550)
  • Bond Mathematics and Mortgage-Backed Securities (ORIE 5660)
  • Special Topics in Financial Engineering (ORIE 5912, 5913, 5914)