Department of Finance and Risk Engineering

Peter Paul Carr: Department Chair
Barry Blecherman: Deputy Department Chair

Mission

The mission of the Department of Finance and Risk Engineering is to create world-class research and educational programs that provide students with superior training and skills that bridge theory and practice in today’s cutting-edge financial services industry and its many associated professions.

The Department

The Department of Finance and Risk Engineering (FRE) is a diversified research and degree granting department - the largest of its kind in the U.S. with approximately 300 students and the largest alumni base in the world. The Department provides a multi-faceted education through the MS in Financial Engineering program and an undergraduate Minor in Finance.

Our program is recognized as being at the forefront of research in the financial field with faculty from around the world who are highly ranked by the significance of their contributions. The department is staffed by a number of leading academics and practitioners, and boasts a number of outstanding affiliated professors and cutting-edge traders, hedge fund managers and academics turned practitioners by the lure of Wall Street. This combination of talent, theoretically and practically-based, national and international, generates first-rate research and provides a first-rate education embedded in answering the real needs of the financial services sector.

The department’s educational and MS degree-granting programs, research and extracurricular activities seek to bridge theory and practice and meet the many complex challenges confronting financial engineering professions. The department’s curriculum combines a rigorous vision of economics, finance, applied quant finance, and financial technology in their theoretical and practical setting in a global world and global financial markets. In addition, the department provides interdisciplinary opportunities combining computer science, mathematics, and engineering with financial management and technology and financial and risk engineering.

Graduates have taken their places in a diverse set of positions in the financial engineering. Trading desks, hedge fund and investment professionals, CFOs, quantitative professionals, insurance experts, financial technology professionals, as well as financial and specialized risk managers define the broad set of professions that are open to NYU Tandon School of Engineering’s graduates in financial engineering. The department regularly adapts and updates the program to reflect the changing industry, giving students the necessary competitive edge in the job market. Top employers regularly recruit our graduates for the superior training they have to lead at the forefront of the field.

Students have opportunities to acquire new insights and build practical solutions to the emerging challenges in the ever-changing world of finance through local and global industry collaborations.

The Profession

Financial engineering is driven by financial practice to bridge means and ends and to reconcile the theoretical foundations of financial economics with the reality of financial markets. Finance is about money and therefore, all problems that can be transformed to a real or to a synthetic monetary framework can profit by the application of financial engineering thought. In this spirit, our goal and objectives pertain to trading, speculating, investing, pricing and risk management but also to pricing and managing the risks of infrastructure, the environment, and business management. We meet the challenges of financial markets in analysis, pricing, trading and investing for technology managers and computational finance engineers in fast-moving, highly rewarding careers that create value enabled by finance, technology and computational mathematics.

Contact

Department of Finance and Risk Engineering
NYU Tandon School of Engineering
12 MetroTech Center, 26th Floor
Brooklyn, NY 11201
engineering.fre@nyu.edu
Tel: 646.997.3279
Fax: 646.997.3355
Web: http://engineering.nyu.edu/academics/departments/finance

Degrees Offered

Master of Science

Financial Engineering, M.S.

Undergraduate Minor

Finance Minor

Faculty

Charles S. Tapiero

Topfer Distinguished Professor of Financial Engineering

Nassim Nicholas Taleb

Distinguished Professor of Risk Engineering

Andrew Papanicolaou

Assistant Professor

Barry Blecherman

Deputy Department Chair and Industry Professor

Agnes Tourin

Industry Assistant Professor

Adjunct Faculty

Sassan Alizadeh

Raphaele Chappe

Jierong Cheng

Roy Freedman

Michael Hayes

Benjamin Hoff

Andrey Itkin

Mirela Ivan

Ashish Kohli

Norris Larrymore

Brian R. Lessing

Victor Makarov

Naresh Malhotra

Shlomo Mandel

Ingrid Marshall

Asha Matthei

Warren Matthei

Pape Ndiaye

Jerzy Pawlowski

Daniel Rodriguez

Anatoly Schmidt

Frederic Siboulet

Ron Slivka

Song Tang

Daniel Totouom-Tangho

Edward Dean Weinberger

Jason Yarmish