Course Sequence

Professor Martinez

The MSFRM program now allows domestic students both full-time and part-time options.

Full-Time

1st Semester, Fall (A)

  • FNCE 5310 - Introduction to U.S. Capital Markets*
  • FNCE 5312 - Financial Institutions – A Risk Management Approach
  • FNCE 5313 - Financial Risk Modeling I
*Domestic Students are waived from Introduction to US Capital Markets

2nd Semester, Spring (A)

  • FNCE 5322 - Financial Risk Management I – Equity Markets
  • FNCE 5321 - Financial Risk Modeling II
  • FNCE 5332 - Financial Risk Management II – Fixed Income Markets

3rd Semester, Summer

  • FNCE 5331 - Financial Risk Modeling III
  • FNCE 5323 - Advanced Issues and Applications in Risk Management I (Seminar)
  • FCNE 5343 - Legal & Ethical Issues in Risk Management
  • Experiential Learning Requirement will begin

4th Semester, Fall (B)

  • FNCE 5333 - Financial Risk Management III – Advanced Topics
  • FNCE 5341 - Advanced Issues and Applications in Risk Management II (Seminar)
  • FNCE 5344 - Advanced Issues and Applications in Risk Management III (Capstone)

Optional Concentration in Quantitative Methods in Risk Management, Spring (B)

Concentration in Quantitative Methods in Risk Management

  • FNCE 5351 - Excel Visual Basic Applications in Financial Risk Management
  • FNCE 5352 - Financial Programming and Modeling
  • FNCE 5353 - Advanced issues in ERM -  A Quant Approach

Part-Time

Under the part-time option, students are allowed the maximum possible flexibility to take as many or few courses as they wish every semester.  However, courses are still lock-step and part-time students must wait until the course is offered again next academic year. International students must study Full Time.

suggested sequence of courses for part-time students is as follows:

  •  Fall I – 2 courses                                                                   
  • Spring I – any 2 courses (should take Fin Modeling II)
  • Summer I - any 2 courses (should take Fin Modeling III)
  • Fall II – 3 courses
  • Spring II – 1 remaining course from Spring I
  • Summer II - 1 remaining course from Summer I

Total – 11 courses (33 credits)

Graduation in the May of second year.

All course are lock-step and must be taken in sequence

Under the above Part Time scheme, part-time students will graduate in May of second year.

However, the program allows the students the maximum possible flexibility to choose as many or few courses as the part-time student wishes, subject to the following caveats:

  1. Domestic students will be allowed to take as many (not exceeding 3) or as few (including not taking any course) courses they choose during each semester.
  2. All domestic students are strongly advised to take at least one course each semester.
  3. All domestic students are strongly advised to take the Financial Modeling course sequence before they take the Financial Risk Management sequence, to the extent possible.
  4. Domestic students must finish the experiential learning project with the group to which he/she is assigned.
  5. All domestic students are strongly advised to finish the program within 2 years.
  6. All domestic students must finish the program (33 credits for the 15 month, 42 credits for the 20-month program) within 3 years from starting the program.

***Important - Students need to take a certain number of credits to be eligible for financial aid and to not have to repay loans.  Students should be careful about their funding availability if they choose to take less credits per semester.  Students are responsible to check with Financial Aid Office regarding this issue.