Master of Science in Financia Engineering Viterbi Schoo of Engineering University of Southern Caifornia Dia 1-866-469-3239 (Meeting number 924 898 113) to hear the audio portion, or isten through your computer s speakers.
Today s Program The University of Southern Caifornia Viterbi Schoo of Engineering Master of Science in Financia Engineering Program Overview Appication Criteria Graduation Requirements Tuition & Fees Q&A Use CHAT function to ask your questions and seect A Paneists
The University of Southern Caifornia Odest private university in western U.S. founded in 1880 37,000 students: 17,500 undergrads; 19,500 graduates 3,300 fu-time facuty Draws students from a 50 states and 110 countries Located in Los Angees
USC Engineering: Points of Distinction 1. Internationa Reputation for Exceence 2. Word-Cass Facuty and Research 3. The Trojan Famiy Network 233,000 strong! 4. Unique engineering programs avaiabe onine, on-site & on-campus 5. Compete Range of Programs Master s Degrees Graduate Certificates Short Courses Customized Programs
The Viterbi Schoo of Engineering Ranked 11 th in U.S. engineering graduate schoos (US News & Word Report 2011) Ranked 10 th in the word among engineering programs (Academic Ranking of Word Universities 2010)
Student Community USC has students from a 50 states in the U.S. and an internationa student popuation from 110 countries 21.3% Internationa
MS Programs: Onine deivery method Pioneer in Distance Learning for 40 years State-of-the-art faciities Advantage for on-campus students course materia avaiabe onine foowing ive ecture Archived ectures avaiabe for review throughout semester Over 80% of Viterbi Master s programs are avaiabe competey onine
Financia Engineering at USC Over the past few years, the Viterbi Schoo has received a significant increase in appications to this program The M.S. in Financia Engineering is avaiabe both on campus and via onine deivery Currenty have 77 students enroed
Meet the Program Director Petros Ioannou Professor Eectrica Engineering Systems http://www-rcf.usc.edu/~ioannou Feow, Institute of Eectrica and Eectronics Engineers Winner, Young Investigator Award from Nationa Science Foundation (1985) B.Sc. degree with First Cass Honors from University Coege, London, Engand M.S. and Ph.D. degrees from the University of Iinois, Urbana- Champaign
What is Financia Engineering? Financia engineering is a mutidiscipinary fied that appies engineering methodoogies to probems in finance. It empoys financia theory and appied mathematics, as we as engineering toos such as computations and programming, modeing, system theory and optimization
Master of Science in Financia Engineering It teaches the toos that hep make pricing, hedging, trading and portfoio management decisions as we as use derivative securities and other instruments to contro the financia risk of individua or corporate investors, financia institutions, banks etc.
Master of Science in Financia Engineering Financia Engineering can be appied to many different types of currencies and pricing options. These incude: equity, fixed income (i.e. bonds), commodities (i.e. oi, siver god), derivatives, swaps, futures, forwards, options etc..
Master of Science in Financia Engineering To become a financia engineer requires a good understanding of: Financia economics Mathematica toos: probabiity and statistics, differentia equations, inear agebra Engineering principes: Modeing, System Theory, Software Engineering, Numerica anaysis, Optimization, Random Processes
Master of Science in Financia Engineering Financia engineers are normay empoyed in: Securities and banking industries Quantitative Anaysts in consuting firms, manufacturing and service firms Corporate finance and risk management anaysts in corporations Insurance companies Wa Street
Program Overview Required Courses Recommended Course Schedue: Required Courses Semester 1: GSBA 548 : Corporate Finance Two Eective courses from required areas Semester 2: ISE 563 Financia Engineering; EE512 Evoution Theory of Stochastic Processes One eective course from required areas Semester 3: Three eective courses from required areas
Program Overview Eective Courses Finance, Business, Economics Area: Take two courses FBE-529 Financia Anaysis and Vauation 3 FBE-535 Appied Finance in Fixed Income Securities 3 FBE-543 Forecasting and Risk Anaysis 3 FBE-554 Trading and Exchanges 3 FBE-555 Investment Anaysis and Portfoio Management 3 FBE-559 Management of Financia Risk 3 FBE-589 Mortgages and Mortgage-Backed Securities 3 ECON 500 Microeconomic Anaysis and Poicy 4 ECON 501 Macroeconomic Anaysis and Poicy 4 ECON 613 Econometric and Financia Time Series I 4 ISE 566 Financia Accounting and Anaysis for Engineers 3
Program Overview Eective Courses Optimization, Simuations, Stochastic Systems: Take three Courses EE464** Probabiity Theory for Engineers 3 EE465** Probabiistic Methods in Computer Systems Modeing 3 EE 517 Statistics for Engineers 3 EE553* Computationa Soution of Optimization Probems 3 EE/ISE556 Stochastic Systems and Finance (recommended) 3 EE562a Random Processes in Engineering 3 EE 649 Stochastic Network Optimization 3 ISE 539 Stochastic Eements of Simuation 3 ISE 520* Optimization: Theory and Agorithms 3 ISE 536 Linear Programming and Extensions 3 ISE 538** Stochastic Processes 3 ISE560/CSCI570 Anaysis of Agorithms 3 CE645 Uncertainty Modeing and Stochastic Optimization 3
Program Overview Eective Courses Systems and Contro Area: Take one course EE500 Neura and Fuzzy Systems 3 EE585# Linear Systems Theory 3 EE587 Noninear and Adaptive Contro 3 EE588 Linear Quadratic Contro 3 AME 541# Linear Contro Systems II 3
Pacement Test Once admitted students are required to take a pacement test in Probabiity and Statistics and Linear Agebra undergraduate eve. If fai the Probabiity and Statistics part the student wi be required to take a particuar course from the eectives i.e it wi count as part of the 27 units required for graduation If fai the Linear Agebra the student wi be required to take a particuar undergraduate course in Linear Agebra that is above the 27 units minimum required for graduation
Program Overview Graduation Criteria Compete a course requirement Maintain a GPA above 3.0 out of 4.0
Appication Criteria Prerequisites Undergraduate degree in engineering, math, physica science, finance, or economics from a regionay-accredited university Good mathematics background (i.e. Probabiity and Statistics, Linear Agebra, Differentia equations) High GPA your undergraduate institution is taken into consideration High GRE or GMAT scores Good GRE s scores as cose to 800 in quantitative and sufficient score in Verba section Good GMAT scores: above 600 Seection is competitive
Tuition and Fees Tuition is $1,513 per semester unit One 3-unit course costs $4,539 A 3-unit course meets for 3 hours of ecture per week for 15 weeks (summer courses are condensed) It takes 9-12 courses to compete the degree Mandatory fees are an additiona $1,650 per year Books approximatey $150 $200 per course Contact Graduate Programs office separatey if you choose the onine deivery option fee structure differs
Appication Deadines FALL 2012 February 15, 2012 Appy by December 15, 2011 for schoarship consideration Appy Onine: http://www.usc.edu/admission/graduate/appy *** Annua Graduate Engineering Preview Day at USC *** Friday, November 4, 2011 Some trave stipends are avaiabe if you wish to attend contact Camiia Lee at vmasters@usc.edu
CONTACT USC Viterbi Schoo of Engineering Petros Ioannou Emai: ioannou@usc.edu Camiia Lee Emai: viterbi.masters@usc.edu