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 251ISHonors Economics *4
M 171QCalculus I4
CSCI 127Joy and Beauty of Data4

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

Minor Courses

ECNS 301Intermediate Micro with Calc3
EFIN 101Introduction to Financial Engineering **1
EFIN 301Engineering & Economic Financial Management I3
EIND 354Engineering Probability and Statistics I3
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