Nov 24, 2024  
USC Catalogue 2018-2019 
    
USC Catalogue 2018-2019 [ARCHIVED CATALOGUE]

Financial Engineering (MS)


The objective of this program is the training of graduate students with engineering, applied mathematics or physics backgrounds in the application of mathematical and engineering tools to finance. Financial engineering is a multidisciplinary education program that involves the Viterbi School of Engineering, the USC Marshall School of Business and the USC Dornsife College of Letters, Arts and Sciences (Department of Economics). Financial engineering uses tools from finance and economics, engineering, applied mathematics and statistics to address problems such as derivative securities valuation, strategic planning and dynamic investment strategies, and risk management, which are of interest to investment and commercial banks, trading companies, hedge funds, insurance companies, corporate risk managers and regulatory agencies.

A minimum grade point average of 3.0 must be earned on all course work applied toward the master’s degree in financial engineering. Transfer units count as credit (CR) toward the master’s degree and are not computed in the grade point average. In addition to the general requirements of the Viterbi School of Engineering, the Master of Science in Financial Engineering is also subject to the following requirements: (1) a total of at least 30 units is required; (2) every plan of study requires prior written approval by the contact faculty of the program; (3) units to be transferred (maximum of four with adviser approval) must have been taken prior to taking classes at USC; interruption of residency is not allowed.

For Admission Requirements, refer to Viterbi Graduate Degrees and Requirements.

Curriculum

The degree requirements include six required courses and two courses from each of two lists of electives for a minimum total of 30 units.

Electives (Adviser Approved)


Finance, Business, Economics Area:


Two courses (6-8 units) from the following: