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 |
| CSCI 127 | Joy and Beauty of Data | 4 |
- *
May substitute ECNS 202 Principles of Macroeconomics and ECNS 204IS Microeconomics
Minor Courses
| ECNS 301 | Intermediate Micro with Calc | 3 |
| EFIN 101 | Introduction to Financial Engineering ** | 1 |
| EFIN 301 | Engineering & Economic Financial Management I | 3 |
| EIND 354 | Engineering Probability and Statistics I | 3 |
| Choose one of the following: | 3 | |
| Econ Org, Finance & Credit | ||
| Engineering Economic Analysis | ||
| Choose two of the following: | 6 | |
| Managerial Economics | ||
| Money and Banking | ||
| Intro to Econometrics | ||
| Financial Econometrics | ||
| Engineering & Economic Financial Management II | ||
| Principles of Operations Research I | ||
| Regres & Multivar Analysis | ||
| Prin of Operations Research II | ||
| Managerial Forecasting & Decision Analysis | ||
| **May substitute another COE 101 course | ||