From Quantnet Wiki
[edit] Quick Glance
- One of the oldest quantitative finance programs, started in 1994
- A career-oriented professional degree structured to prepare students with all key quantitative finance background knowledge with a balanced mix between applied and theoretical nature.
- Collaboration effort among the Heinz School of Public Policy and Management, the Department of Mathematical Sciences, the Tepper School of Business and the Department of Statistics
- Program is offered on the Carnegie Mellon campus in Pittsburgh, Pennsylvania and at 55 Broad Street, New York City (Satellite Campus).
- 35 Full-time in Pittsburg Campus, 25 Full-time & 30-40 Part-time in New York Campus.
- In 2007, New York campus has been expanded by 40% to accommodate the increasing demand of the program. Construction will begin May 14, 2007 with completion expected August 1, 2007. [1].
- Strong Wall Street reputation and Alumni network.
- A joint MBA/MSCF program is available for students interested in both comprehensive quantitative finance curriculum in conjunction with broader, business analytic MBA coursework.
[edit] People
[edit] Executive Director
[edit] Steering Committee
- Prof. Richard L. Bryant
- Prof. Steven Shreve
- Prof. David C. Heath (emeritus)
- Prof. John P. Lehoczky
- Prof. Duane J. Seppi
- Prof. Mark Wessel
- Prof. Stephen Roehrig
[edit] Teaching faculty
- Prof. Steven Shreve
- Prof. John O'Brien
- Prof. John Lehoczky
[edit] Admission Information
Required material:
Completed MSCF application form
Resume
Work history
Two required essays (not required for certificate applicants)
Three letters of recommendation (not required for certificate applicants)
- April 30 deadline reserved for U.S. Citizens and Permanent Residents, as well as part-time and certificate candidates. International applicants for the Full-time MSCF program must apply by March 20.
Application Complete by: Decision to applicant by:
November 6, 2006 January 31, 2007
January 8, 2007 March 31, 2007
March 19, 2007 May 31, 2007
April 30, 2007 June 30, 2007 (For US Citizen and PR only)
[edit] Course Information
[edit] Mini 1
- Introduction to Computational Finance: This course, taught by Dr. Martin of the Tepper School, provides a basic understanding of Modern Portfolio Theory, CAPM, Capital Structure, Futures, Forwards, Swaps, Options, and Mortgages. The subjects are broad, making for quite a challenging course.
- Financial Computing I: A great course taught by Dr. Steven Roehrig of the Heinz School of Management in which C++ is introduced in a very serious way. While it's the first course in C++ taught in the program, it is by no means an introductory course, as it progresses quite fast.
- Introduction to Probability: Taught by Dr. Oded Meyer of the Statistics Department, this course provides a firm foundation in Probability Theory. Students learn basic concepts of disjointedness, independence, and conditional probability. Additionally, students become familiar with the popular distributions and learn to recognize them with ease.
- Financial Products and Markets: A wonderful opportunity to learn from practitioners in the field, this course, officially taught by Executive Director Richard Bryant, introduces the students to a different speaker from Wall Street each week.
- Presentations for Computations Finance: This new addition to the curriculum enables students to foster the presentation giving and public speaking skills. Taught by master orator Dr. Richard Young, this course provides students with the opportunity to give presentations as if they were already professionals in the field.
[edit] Tuition Information
- Full-time
- Fall 2007: $22,625
- Spring 2008: $22,625
- Fall 2008: $23,400
- Part-time
[edit] Contact Information
Alesha Lynn
Masters Admissions
Tepper School of Business
Carnegie Mellon University
Pittsburgh, PA 15213
Phone: (412) 268-3679/(800) 850-4742
Fax: (412) 268-4209
eFax: (412) 291-1239
mscf-admissions@andrew.cmu.edu
[edit] External links
