https://catalogue.usc.edu/preview_program.php?catoid=18&poid=25477&returnto=7300
https://viterbigradadmission.usc.edu/programs/masters/msprograms/ms-financial-engineering/
Key takeaways
- 2 year program provided, both spring and fall
- total fees $83,000
- Optimization, Simulations, Stochastic Systems Area provided
Program
| SEMESTER | DEADLINE |
|---|---|
| Spring 2024 | September 15, 2023 |
| Fall 2024 | December 15, 2023 |
Fees
| Academic Year | Per Unit Rate | 3-unit Course | 4-unit Course |
|---|---|---|---|
| Fall 2023 - Summer 2024* | $2,424 | $7,272 | $9,696 |
| Fall 2022 - Summer 2023* | $2,309 | $6,927 | $9,236 |
Prerequisites/requirements
- Calculus 1-3
- Differential Equations
- Linear Algebra
- Probability/Statistics
- Transcripts
- Resume/CV
- Personal Statement
- Letter of Recommendation (Optional)
NOTE: The GRE is not required for 2024 applications.
Curriculum
The degree requirements include six required courses and two courses from each of two lists of electives for a minimum total of 33 units.
Required
GSBA 548 Corporate Finance Units: 2, 3 (Note: GSBA 548 for 3 units satisfies this requirement. Do not register for the 2 unit version.)
FBE 559 Management of Financial Risk Units: 3
or
ISE 563 Financial Engineering Units: 4
EE 503 Probability for Electrical and Computer Engineers Units: 4
EE 512 Stochastic Processes for Financial Engineering Units: 4
EE 518 Mathematics and Tools for Financial Engineering Units: 4
EE 590 Directed Research Units: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12 (1 unit required; maximum 2 units)
Electives (Adviser-Approved)
Finance, Business, Economics Area:
Two courses (6-8 units) from the following:
- ECON 500 Microeconomic Analysis and Policy Units: 4
- ECON 501 Macroeconomic Analysis and Policy Units: 4
- ECON 613 Economic and Financial Time Series I Units: 4
- FBE 529 Financial Analysis and Valuation Units: 3
- FBE 535 Applied Finance in Fixed Income Securities Units: 1.5, 3 (3 units required)
- FBE 540 Hedge Funds Units: 3
- FBE 543 Forecasting and Risk Analysis Units: 3
- FBE 551 Quantitative Investing Units: 3
- FBE 554 Trading and Exchanges Units: 3
- FBE 555 Investment Analysis and Portfolio Management Units: 3
- FBE 589 Mortgages and Mortgage-Backed Securities and Markets Units: 3
Optimization, Simulations, Stochastic Systems Area:
Two courses (6-8 units) from the following:
- CSCI 455x Introduction to Programming Systems Design Units: 4
- CSCI 570 Analysis of Algorithms Units: 4
- CSCI 567 Machine Learning Units: 4
- DSCI 552 Machine Learning for Data Science Units: 4
- ISE 529 Predictive Analytics Units: 4
- ISE 525 Design of Experiments Units: 4
- ISE 539 Stochastic Elements of Simulation Units: 4
- ISE 537 Financial Analytics Units: 4
- DSCI 551 Foundations of Data Management Units: 4
- DSCI 553 Foundations and Applications of Data Mining Units: 4
- ISE 535 Data Mining Units: 4
