Part-time Curriculum

MFE 230I (3 units) - Richard Stanton

This course provides a quantitative approach to fixed income securities and bond portfolio management. The focus is on fixed income security markets, pricing and uses for portfolio management or for hedging interest rate risk. The course covers bond mathematics, term structure measurement and theory, immunization techniques and the modern theory of bond pricing, including the pricing of credit-risky bonds. It also covers derivative instruments (futures, swaps, options, exotic instruments). There will be extensive use of application and programming exercises.

MFE 230P (2 units) - Laurent El Ghaoui

This course proposes a guided tour through optimization models arising in practical Finance. These problems include ones that are traditionally associated with optimization, including asset and liability management, asset pricing, and portfolio optimization. We also describe optimization models arising in model calibration, prediction and estimation, and risk analysis. The course includes some recent approaches to the analysis of other kinds of financial data, such as text (financial news) data.

MFE 230N (0 units)

(Need description for this course.)

MFE 230H (2 units) - Amir Kermani

This course examines financial risk measurement and management, including market risk, credit risk, liquidity risk, settlement risk, model risk, volatility risk, kurtosis risk and other types of financial risks. It includes risk measurement techniques for different types of contracts and portfolios (equity, fixed income, currency) such a duration, portfolio Beta, factor sensitivities, Value at Risk™, dynamic portfolio distribution analysis and extreme value analysis. It also includes risk management techniques for different types of problems such as trading desk risk management, total portfolio market exposure limits, counterpart credit exposure limits, and funding liquidity exposure limits.

MFE293 (1 - 3 units) - Choose an advisor

The Independent Study course is your opportunity to do research in an area of interest to you, in which there are no existing courses.

Elective offerings vary by year/term. See the list of current elective courses.

The Internship/Special Topics in Finance project is a required condition for graduation. The internship or approved, on-site project takes place from mid-October to mid-January.

Because of the school's reputation and close ties to the best firms, Haas has an exceptional record of helping students secure internships, consistently placing 100% of students each year.

MFE 230J (2 units) – Ananth Madhavan and Christine Parlour

The objective of the course is to explore modern financial innovation through the lens of data science, and through a combination of lectures, cases, guest speakers, and applied data science projects. By the end of the course, the students will better understand the most significant financial innovations today and the critical role quantitative research can play in determining success.

MFE 230K (2 units) - Kevin Coldiron

Covers the strategies for achieving various investment objectives for portfolios/ instruments (equity, fixed income, currency, mortgages, non-traded assets) and applications (investment funds, pension funds, insurance companies, bank investment portfolios).

MFE 230S (2 units) -Greg LaBlanc

This course covers elements of behavioral decision theory and its implication in financial markets. Focus is on the psychological processes by which people make judgments and decisions, and the heuristics and biases associated with these decisions.

MFE293 (1 - 3 units) - Choose an advisor

The Independent Study course is your opportunity to do research in an area of interest to you, in which there are no existing courses.

MFE 230D (2 units) - Eric Reiner

This course emphasizes the pricing of derivatives in continuous time, from the formulation of the pricing problem to the implementation of computational and numerical solution techniques. The course consists of three parts. In the first part, asset pricing theory is used to set up the pricing problem for a wide range of instruments with features such as early exercise, jumps, and path dependencies. The second part focuses on simulation methods for pricing both European and early exercise derivatives. The third part shows how to effectively use advanced finite difference techniques for solving a wide array of pricing problems.

Elective offerings vary by year/term. See the list of current elective courses.

You may also take core courses you did not complete in your first year.

MFE 230O (3 units) - Eric Reiner

This is an applied project exploring an unresolved finance problem that is met in practice and involves the development or use of a quantitative financial technique. Participation requires prior approval of the supervising faculty member.

Elective offerings vary by year/term. See the list of current elective courses.

You may also take core courses you did not complete in your first year.