2020-2022 Undergraduate and Graduate Bulletin (without addenda) 
    
    Apr 18, 2024  
2020-2022 Undergraduate and Graduate Bulletin (without addenda) [ARCHIVED CATALOG]

Department of Finance and Risk Engineering


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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

Undergraduate Minor

Faculty

Peter Paul Carr

Department Chair and Professor

Charles S. Tapiero

Topfer Distinguished Professor of Financial Engineering

Nassim Nicholas Taleb

Distinguished Professor of Risk Engineering

Barry Blecherman

Deputy Department Chair and Industry Professor

David Shimko

Industry Professor

Agnes Tourin

Industry Associate Professor

Adjunct Faculty

James Adams

Sassan Alizadeh

Andrew Arnold

Kevin Atteson

Ernest Baver

Jerome Benveniste

Raphaele Chappe

Maggie Copeland

Kosrow Dehnad

Sebastien Donadio

Serge Feldman

Roy Freedman

Roza Galeeva

Dan Gode

Samim Ghamami

Michael Hayes

Jon Hill

Andrey Itkin

Mirela Ivan

Sandeep Jain

Rajesh Krishnamachari

Ashish Kohli

Vikram Kuriyan

Sudeep Lahiri

Norris Larrymore

Brian R. Lessing

Mike Lipkin

Victor Makarov

Naresh Malhotra

Edith Mandel

Steve Mandel

Sateesh Mane

Ingrid Marshall

Asha Matthei

Warren Matthei

Attilio Meucci

Ali Nazari

Papa Ndiaye

Unurjargal Nyambuu

Tore Opsahl

Jerzy Pawlowski

Ken Perry

Thomas Philips

Meninder Singh Purewal

David Rios

Gordon Ritter

Dan Rodriguez

Anatoly Schmidt

Louis Scott

Frederic Siboulet

Ronald T. Slivka

Michael Sotiropoulos

Song Tang

Leon Tatevossian

Daniel Totouom-Tangho

Ashu Tripathi

George Varughese

Tyler Ward

Ed Weinberger

Ken Winston

Jason Yarmish

Ken Zhang

Jianghong (Jane) Zhao

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