Program Overview

Program Overview

The financial engineering certificate program is designed to equip students with a set of tools that will help them meet the standards of the Global Association of Risk Professionals (GARP) and the Professional Risk Managers' International Association (PRMIA) certifications.

Program Objectives

The program aims to prepare students to take the GARP Financial Risk Managers (FRM) exam and/or the PRMIA Professional Risk Managers (PRM) exam. The certificate topics cover areas such as:

• Financial theory
• Financial markets and financial instruments
• Market risk measures
• Quantitative analysis
• Mathematical foundations of risk management
• Financial derivatives for risk reduction
• Risk management best practices
• Operational risk
• Market risk
• Credit risk
• Case studies
• Ethics
• Governance

Program Requirements

To complete the certificate, students must complete any four of the five certificate courses. The prerequisite knowledge for the program is determined by course instructors, and students are expected to have taken:

• ENG MGT 5210 Economic Decision Analysis
• ENG MGT 5202 Financial Decision Analysis
• SYS ENG 6103 Systems Life Cycle Costing
• or an equivalent introduction to finance and/or engineering economics course

Certificate Courses

The five certificate courses are:

• ENG MGT 5212 Intelligent Investing
• ENG MGT 6211 Advanced Financial Management
• ENG MGT 6213 Financial Engineering
• SYS ENG 5212 Introduction to Neural Networks and Applications