PhD program with concentration in Quantitative Finance
General List, ISE List, FIRE List, MATH List, STAT List, Description of the Program.

Typical schedule for the Ph.D. program in Statistics with concentration in Quantitative Finance



Year Semester ISE MATH STAT FIRE COP
1 Fall ESI 6412 STA 6207, STA 6208
1 Spring EIN 6357 STA 6327 FIN 7809
1 Summer RESEARCH
2 Fall MAP 6467 STA 6857 FIN 7808
2 Spring MAP 6468 STA 7249, STA 6934
2 Summer RESEARCH
3 Fall ESI 6417 STA 7346 FIN 7446
3 Spring RESEARCH COP 5536
3 Summer RESEARCH
4 Fall RESEARCH
4 Spring RESEARCH
4 Summer RESEARCH



  • First Year(May): Statistics Compehensive Exam;
  • Third Year: Qualifying Exam for admission to candidacy (can be scheduled earlier for students with a strong statistical background)


FIN 7808, Corporate Finance
FIN 7809, Market Microstructure
FIN 7446, Financial Theory

EIN 6357, Advanced Engineering Economy
ESI 6912, Introduction to Stochastic Optimization
ESI 6417, Linear Programming and Network Optimization

COP 5536, Advanced data structures

MAP 6467, Stochastic Differential Equations
MAP 6468, Stochastic Differential Equations II

STA 6207, Applied Stat. Methods
STA 6208, Regression Analysis
STA 6857, Applied Time Series Analysis
STA 6934, Special Topics in Monte Carlo Methods
STA 6327, Introduction to Theoretical Statistics 2
STA 7346, Inference 1
STA 7249, Generalized Linear Models