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 major is a joint program of the Department of Mechanical and Industrial Engineering and the Department of Agricultural Economics and Economics.

Required Courses

ECNS 251ISHonors Economics *4
M 171QCalculus I4
M 172QCalculus II4
M 221Introduction to Linear Algebra3
*

 May substitute ECNS 202 Principles of Macroeconomics and ECNS 204IS Microeconomics

Minor Courses

ECNS 301Intermediate Micro with Calc3
ECNS 313Money and Banking3
EFIN 101Introduction to Financial Engineering1
EFIN 301Engineering & Economic Financial Management I3
EFIN 401Engineering & Economic Financial Management II3
EIND 354Engineering Probability and Statistics I3
EIND 364Principles of Operations Research I3
Choose one of the following:
Econ Org, Fin, & 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