Financial Engineering Minor
Financial Engineering is a multidisciplinary field that emphasizes complex modeling and analysis of new financial economic instruments to manage risk, create strategic business opportunities, and access new markets. Especially in today’s highly leveraged domestic markets and fluctuating global business environment, successful management of market, credit, and production risk is essential yet increasingly difficult. This minor equips students with the basic analytical tools to help a business assess and manage financial risks, and can be used to complement a range of majors.
The financial engineering minor is a joint program of the Department of Mechanical and Industrial Engineering and the Department of Agricultural Economics and Economics.
Required Prerequisite Courses
| ECNS 251IS | Honors Economics * | 4 |
| M 171Q | Calculus I | 4 |
| M 172 | Calculus II | 4 |
| M 221 | Introduction to Linear Algebra | 3 |
| * | May substitute ECNS 202 Principles of Macroeconomics and ECNS 204IS Microeconomics |
Minor Courses
| ECNS 301 | Intermediate Micro with Calc | 3 |
| ECNS 313 | Money and Banking | 3 |
| EFIN 101 | Introduction to Financial Engineering | 1 |
| EFIN 301 | Engineering & Economic Financial Management I | 3 |
| EFIN 401 | Engineering & Economic Financial Management II | 3 |
| EIND 354 | Engineering Probability and Statistics I | 3 |
| EIND 364 | Principles of Operations Research I | 3 |
| Choose one of the following: | 3 | |
| Econ Org, Finance & Credit | ||
| Engineering Economic Analysis | ||
| Choose one of the following: | 3 | |
| Managerial Economics | ||
| Industrial Organization | ||
| Financial Econometrics | ||
| Choose one of the following: | 3 | |
| Regres & Multivar Analysis | ||
| Prin of Operations Research II | ||
| Managerial Forecasting & Decision Analysis | ||