Template:Main Body

From Hanlon Financial Systems Lab Web Encyclopedia
Jump to: navigation, search

Lab Resources

Academics

Curriculum
M.S. in Financial Engineering
M.S. in Financial Analytics

Foundation Courses (a total of 12 credits)

  1. FE511 Introduction to Bloomberg and Thomson Reuters (1 credits)
  2. FE515 Introduction to R (1 credits)
  3. FE520 Introduction to Python for Financial Applications (1 credits)
  4. FE582 Foundations of Financial Data Science (2 credits) + FE513 Financial Lab: Database Design (1 credit)
  5. FE541 Applied Statistics with Applications in Finance
  6. Chose one course from the following (3 credits total):
  7. Data Visualization (3 credits). Chose one course from the following:
  8. Time Series (3 credits). Chose one course from the following:
  9. Machine Learning (3 credits). Chose one course from the following:
  10. Big Data (3 credits). Chose one course from the following:
  11. Optimization (3 credits). Chose one course from the following:
  12. FE800 Project in Financial Engineering (3 credits) - to be taken in the last semester

The MSFA program requires completion of 30 credits. Other courses may be substituted to those listed pending the Advisor's approval.

M.S. in Business Intelligence and Analytics
B.S. in Quantitative Finance
B.S. in Business & Technology
Financial Lab
Certificates

Algorithmic Trading Strategy

This graduate certificate is designed to provide aspiring financial engineers with the necessary understanding of the design and implementation of financial trading systems, with an emphasis on the role of software and automated decision support systems in trading strategies. The certificate also is suitable for technical professionals interested in applying their unique skills to the fast-changing realm of finance.

The following courses are required for this certificate:


Financial Computing

The Financial Computing certificate enables students to operate effectively in the complex financial computing environment. Students will develop expertise in implementation of financial computing models, knowledge of financial databases, financial engineering software and specialized programming languages. The combination of hands-on skills and a real-life financial computing project will enable them to compete for top jobs in this industry class.

The following courses are required for this certificate:

Additionally, students choose one of the following electives:

Students also choose two from the list of lab courses.


Financial Engineering

Students who complete this certificate will be able to apply engineering solutions to the finance industry and to see the landscape from a more quantitative perspective, enabling them to uncover create solutions to emerging problems. Students are encouraged to consider the full master's in Financial Engineering upon completing the certificate.

The following courses are required for this certificate:


Financial Risk Engineering

Courses in this certificate program emphasize a blend of technology and business that will help graduates to see the financial landscape from a systemic perspective and to analyze and manage risk efficiently.

The following courses are required for this certificate:


Financial Services Analytics

Students who complete this program will learn to apply data-driven solutions to complex financial problems, including the use of specific types of data, database management, and the coding of different analytical techniques. Graduates are sought after by employers for their abilities to create end-to-end business decision-making data analytics.

The following courses are required for the certificate:


Financial Software Engineering

Students who complete this certificate will go beyond the basics of software engineering to learn how engineering skills create direct value in financial markets, through an understanding of derivatives products, stochastic portfolio simulation, and pricing and hedging strategy.

The following courses are required for this certificate:


Financial Statistics

Through a curriculum exploring key topics in today's financial industry, such as securities and derivatives, students gain valuable insight on technology-driven opportunities in finance and learn to solve problems through advanced data analysis techniques and statistical experiments. Students who complete this certificate will be fully prepared to apply classroom lessons to real-world problems and opportunities in industry.

The following courses are required for this certificate:




Stevens Events

[ Financial Seminar Series: A Simple Probabilistic Representation of an Arbitrage-free Implied Variance Rate]
When the variance rates implied from option prices differ across strike prices, at most one of them can be interpreted as the variance rate of the underlying security price. We develop an arbitrage...

[ Read More]

Enhanced Equity-Credit Modeling for Contingent Convertibles
Contingent convertibles are characterized by forced equity conversion under accounting trigger, which occurs when the capital ratio of the issuing bank falls below some contractual threshold. Also,...

Read More

Expansion of Filtrations with Stochastic Processes in the Perspective of High-Frequency Trading
Expansion of Filtrations with Stochastic Processes in the Perspective of High-Frequency Trading

Read More

Register Now:Emerging Trends in the Global Buy-Side Community - Complimentary Webinar
This webinar explores how market reforms have resulted in deep and ongoing structural changes to the markets.

Read More

Symposium on Agent-Based Economics in the EEJ
The NYC Computational Economics & Complexity Workshop is putting together a symposium in theEastern Economic Journal on agent-based modeling, and we hope you will submit an article.

Read More

2016-10-20: IAQF/Thalesians Seminar Series - A Talk By Dr. Erik Vogt
Sellers of variance swaps earn time-varying risk premia for their exposure to realized variance, the level of variance swap rates, and the slope of the variance swap curve.

Read More

2016-11-17: Fifteenth Northeast Probability Seminar
The program was chosen by the seminar’s scientific committee: Yuri Bakhtin, Gerard Ben Arous, Nayantara Bhatnagar, Paul Bourgade, Ivan Corwin, Eyal Lubetzky, Carl Mueller, Daniel Ocone, Robin Pe...

Read More

2016-09-27: ORFE Colloquium Announcements
Using the definition of a bubble as a strict local martingale, we show how under certain special circumstances a martingale can transform into a strict local martingale via an expansion of a filtra...

Read More

2016-09-15: IAQF/Thalesians Seminar Series
To explore the value embedded in News & Social Sentiment data, we build three types of equity trading strategies based on sentiment data and show that strategies based on sentiment outperform t...

Read More

2016-09-07: Columbia Probability Seminar
We consider systems of diffusing particles, whose local characteristics are assigned in terms of their ranks. We construct the associated multidimensional diffusions, and discuss questions of stren...

Read More



Off-Campus Events

High Frequency: An interview with the Editors of Wiley's latest journal in statistics
This year, Wiley has launched High Frequency, the latest journal in their wide-ranging and diverse journals portfolio. High Frequency is the first and only highly interdisciplinary journal devo...

Read More

The 2017 International Conference on Management, Leadership, and Business Intelligence (ICMLBI’17) - Amin Salighehdar
In this paper, we investigate correlation analysis in order to study the relationship between existing liquidity measures. We apply hierarchical clustering algorithm to partition liquidity measures...

Read More

HFSL Administrators Testimonial
Please click to see what the HFSL administrators say about experiences in the lab!

Read More

HFSL Students Testimonial
We interviewed some students appearing in the lab very often. Please watch the above video about their experience in the lab.

Read More

Financial Engineering End of Semester Celebration
On December 16, 2015, financial engineering community at Stevens hosted its semiannual private ceremony in Babbio center. The purpose of this event was to celebrate the accomplishments of all facul...

Read More

2016-10-20: IAQF/Thalesians Seminar Series - A Talk By Dr. Erik Vogt
Sellers of variance swaps earn time-varying risk premia for their exposure to realized variance, the level of variance swap rates, and the slope of the variance swap curve.

Read More

2016-11-17: Fifteenth Northeast Probability Seminar
The program was chosen by the seminar’s scientific committee: Yuri Bakhtin, Gerard Ben Arous, Nayantara Bhatnagar, Paul Bourgade, Ivan Corwin, Eyal Lubetzky, Carl Mueller, Daniel Ocone, Robin Pe...

Read More

2016-09-27: ORFE Colloquium Announcements
Using the definition of a bubble as a strict local martingale, we show how under certain special circumstances a martingale can transform into a strict local martingale via an expansion of a filtra...

Read More

2016-09-15: IAQF/Thalesians Seminar Series
To explore the value embedded in News & Social Sentiment data, we build three types of equity trading strategies based on sentiment data and show that strategies based on sentiment outperform t...

Read More

2016-09-07: Columbia Probability Seminar
We consider systems of diffusing particles, whose local characteristics are assigned in terms of their ranks. We construct the associated multidimensional diffusions, and discuss questions of stren...

Read More