The Degree of Bachelor of Business Administration
Financial Engineering Emphasis


Financial Engineering is the application of the mathematical tools and computational methods commonly used in engineering to financial problems, especially the pricing and hedging of derivative instruments. It involves the development and creative application of financial theory and Financial instruments such as forwards, futures, swaps, options and related products to structure solutions to complex financial problems and to exploit Financial opportunity.

Financial Engineering is not a tool, It is a profession that uses tools, of which derivatives are one. Importantly, the term “Analysis” means to “decompose in order to understand”. The term “Engineering” means “Build”.

General Education Requirements (30 cr.)

Common Core Requirements (42 cr.)

ACO 201, ACO 202, ACO 311, BAD 201, BAD 323, BAD 453, BAF 311, ECN 211, ECN 212, ECN 333, MRK 201, MAT 205, STA 206, STA 207.

Major Requirements (34 cr.)

BAF 312, BAF 321, BAF 421, BAF 450, BAF 452, CSC 216, CSC 372, FEN 431, FEN 442, FEN 455, FEN 463, MAT 336.

Note: In rare cases graduating students may petition to substitute one Business course for another if the required Business course is not offered in any semester.

Suggested Program

Fall Semester I (15 cr.)

ACO

201

Principles of Accounting I (CCR)

3 cr.

BAD

201

Fundamentals of Management (CCR)

3 cr.

ECN

211

Principles of Microeconomics (CCR)

 

ENL

213

Sophomore Rhetoric (GER)

3 cr.

___

___

(GER)

3 cr.

Spring Semester I (15)

ACO

202

Principles of Accounting II (CCR)

3 cr.

ECN

212

Principles of Macroeconomics (CCR)

3 cr.

ENL

230

English in the Workplace (GER)

3 cr.

MAT

205

Math for Business & Economics I (CCR)

3 cr.

___

___

(GER)

3 cr.

Summer Session I (9 cr.)

BAF

311

Principles of Financial Management I

3 cr.

STA

206

Applied Statistics for Business & Econ. I (CCR)

3 cr.

___

___

(GER)

3 cr.

Fall Semester II (15 cr.)

ACO

311

Managerial Accounting (CCR)

3 cr.

BAF

312

Principles of Financial Management II (MR)

3 cr.

CSC

201

Computers and their use (GER)

3 cr.

STA

207

Applied Statistics for Business & Econ. II (CCR)

3 cr.

___

___

(GER)

3 cr.

Spring Semester II (16 cr.)

MAT

336

Numerical Methods for Finance (MR)

3 cr.

MRK

201

Fundamentals of Marketing (CCR)

3 cr.

BAF

321

Fundamentals of Investments (MR)

3 cr.

CSC

216

Computer Programming I (MR)

3 cr.

CSC

372

Mathematic Software Packages (MR)

3 cr.

BAD

323

Software Tools for Business Applications (CCR)

3 cr.

Summer Session II (6 cr.)

ECN

333

Managerial Economics (CCR)

3 cr.

___

___

(GER)

3 cr.

Fall Semester III (15 cr.)

BAF

421

Advanced Investment Finance (MR)

3 cr.

BAF

450

Futures and Options (MR)

3 cr.

BAF

452

Financial Modeling (MR)

3 cr.

FEN

442

Financial Risk Management

3 cr.

___

___

(GER)

3 cr.

Spring Semester III (13 cr.)

BAD

453

E-Business (CCR)

3 cr.

FEN

431

Fixed Income Securities (MR)

3 cr.

FEN

455

Advanced Derivatives Model (MR)

3 cr.

FEN

463

Computational Finance and Simulation (MR)

3 cr.

___

___

(GER)

3 cr.

The Faculty of Business Administration and Economics is a member of AACSB International – The Association to Advance Collegiate Schools of Business.