The Pre-MFE Program at Baruch College - Baruch MFE Program

The Pre-MFE Program at Baruch College 2017-07-08T15:51:19+00:00

Enrollment for the 2017-2018 Pre-MFE On-Site seminars is now open and will continue until all seats are filled.

Enrollment is open for all three Baruch Pre-MFE Online Seminars.


The Financial Engineering Program at Baruch College offers a Pre-MFE Program consisting of on-site seminars and online seminars for people interested in pursuing graduate studies in financial engineering, as well as for finance practitioners interested in studying the mathematical fundamentals behind financial models:


Enrollment for the 2017-2018 Pre-MFE On-Site seminars is now open and will continue until all seats are filled.

On-site Seminars in the Pre-MFE Program at Baruch College:

    • Advanced Calculus with Financial Engineering Applications (on-site; syllabus)
    • Probability Theory for Financial Applications (on-site; syllabus)
    • Numerical Linear Algebra for Financial Engineering (on-site; syllabus)

The seminars will be offered on an October 2017 – March 2018 schedule. Enrollment in each seminar is limited to 40 people.

Registration information, including syllabi for the 2017-2018 Pre-MFE seminars, can be found below.

Registration Process: To apply for enrollment, send an email to baruch.mfe@baruch.cuny.edu with the following documents:

      • a current version of your resume
      • a one page statement detailing your career and educational goals, as well as how does taking seminars in the Pre-MFE Program align with those goals
      • indicate which seminar(s) you intend to register for

Feedback from Pre-MFE seminars participants in previous years can be found here.

More information, including dates, syllabi, and registration, can be found below.


Enrollment is open for all three Baruch Pre-MFE Online Seminars:

C++ Programming for Financial Engineering Certificate: with content by Dr. Daniel Duffy, best-selling author of C++ and numerical methods books for financial engineering, and offered since 2011 through QuantNet, the leading education and career resource for financial engineering

Advanced C++11/C++14 and Multidisciplinary Applications: offered since July 2016, with content by Dr. Daniel Duffy and in partnership with QuantNet

VBA/Python/SQL with Applications: offered since April 2017, with content by Mark Ross, Baruch MFE instructor, and in partnership with ScriptUni

The Baruch Pre-MFE Online certificates are specially tailored, through financial applications and assignments, to provide the necessary C++, Python, SQL, and VBA knowledge for graduate education in financial engineering.

The Baruch MFE Program provides a teaching assistant to each student, and grants a Certificate of Completion upon passing the final exam and obtaining a 70% or higher average; a Certificate of Completion with Distinction is awarded to students with a 90% or higher average.


On-site Seminars in the Pre-MFE Program at Baruch College:

      • Advanced Calculus with Financial Engineering Applications
      • Probability Theory for Financial Applications
      • Numerical Linear Algebra for Financial Engineering

Mathematical and financial concepts that are fundamental for a successful learning experience in financial engineering graduate programs are explained in detail in these seminars. The seminars emphasize financial applications, and as such have a significant programming component; students will be strongly encouraged, but not required, to program in C++.

The seminars are offered in the evenings on an eight session schedule, each session being four hours long:

      • Lecture from 6-9pm (taught by the instructor)
      • Review Session from 9-10pm (taught by the teaching assistants)

Each seminar ends with a Final Exam.

The seminars are not offered online. They take place on location at Baruch College, in Midtown Manhattan.

The instructors are faculty with extensive teaching experience in the Baruch MFE Program. The teaching assistants are finance professional who are alumni of the Baruch MFE Program and have prior teaching experience.

Enrollment is limited to 40 people in each seminar. The application process for enrolling in the seminar is detailed below.

Certificates of completion will be issued upon passing the final exam and completing the seminar with a passing average; see below for details.

Upon request, the instructors will provide letters of recommendations detailing the performance of the student in each seminar.


Advanced Calculus with Financial Engineering Applications

Dates: October 18 – December 20, 2017

Instructor: Rados Radoicic, Baruch MFE Faculty

Syllabus: can be found here

Tuition: $1,450

Registration is now open and will continue until all seats are filled.


Probability Theory for Financial Applications

Dates: October 19 – December 21, 2017

Instructor: Ivan Matic, Baruch MFE Faculty

Syllabus: can be found here

Tuition: $1,450

Registration is now open and will continue until all seats are filled.


Numerical Linear Algebra for Financial Engineering

Dates: February 1 – March 29, 2018

Instructor: Dan Stefanica, Baruch MFE Co-Director

Syllabus: can be found here

Tuition: $1,450

Registration for this seminar will open on November 1, 2017


Advanced Calculus with Financial Engineering Applications

Dates: February – March, 2018

Instructor: Rados Radoicic, Baruch MFE Faculty

Tuition: $1,450

Registration for this seminar will open on November 1, 2017


Probability Theory for Financial Applications

Dates: February – March, 2018

Instructor: Elena Kosygina, Baruch MFE Faculty

Tuition: $1,450

Registration for this seminar will open on November 1, 2017


Registration Process:

To apply for enrollment, send an email to baruch.mfe@baruch.cuny.edu with the following documents:

– a current version of your resume

– a one page statement detailing your career and educational goals, as well as how does taking seminars in the Pre-MFE Program align with those goals

– indicate which seminar(s) you intend to register for

If approved for enrollment, you will be contacted via email within a week of submission of the documents above with further information.


Feedback from 2012-2015 Pre-MFE students:


Certifications:

For each seminar, a Certificate of Completion will be issued upon passing the final exam and obtaining a 70% or higher average.

For each seminar, a Certificate of Completion with Distinction will be awarded to students with a 90% or higher average.


Frequently Asked Questions

1. Do I have to enroll for all three seminars at the same time?

No, seminars are taken on an individual basis.

2. How do I reserve a seat in a seminar?

You have to submit your resume and a one page statement detailing your goals as explained above. Once your application to take the seminar is approved, you must pay the tuition in full, in order to reserve your seat.

3. What is the refund policy?

A 90% tuition refund is granted upon request up to one week before the beginning of the seminar. Thereafter, the tuition refund is 80% before the first session of the seminar, 60% after the first session of the seminar, and 30% after the second session of the seminar, with no refund thereafter.

4. Are the seminars solely for people interested in pursuing graduate studies in financial engineering?

No.  Practitioners enrolled in previous seminars have found value in the material presented.

5. Can I take the seminars online?

There is no online version for the on-site Advanced Calculus with Financial Applications, Probability Theory for Financial Applications, and Numerical Linear Algebra for Financial Engineering Pre-MFE Seminars.

The C++ Programming for Financial Engineering certificate is only offered online .

6. How difficult is it to pass the seminar, or to achieve Distinction?

On average, 58% of the people enrolling in a Pre-MFE Seminar receive the Certification, 31% with Distinction.

7. Do you offer student visa support for taking seminars in the Baruch Pre-MFE Program?

We do not offer F-1 visa support for taking Pre-MFE seminars. As a US non-resident, you can nonetheless apply for enrollment in the seminars if you are located in the US already.

8. Will I be admitted to the Baruch MFE Program if I successfully complete the Pre-MFE Program?

The application process to the Baruch MFE Program is separate from the Pre-MFE Program. However, the instructors will write, upon request, letters of recommendations for your application, and they will have first hand knowledge of your strengths and abilities when doing so. As a matter of process, the application will be evaluated, and a decision will be made, by the members of the Admissions Committee who were not your instructors in the Pre-MFE Program. 12 of the 40 students from the Fall 2017 Baruch MFE Program cohort successfully completed on-site seminars in the Pre-MFE Program at Baruch College.

9. Are the Pre-MFE seminar are designed for students without sufficient math background for MFE program or for students who want to refresh their math skills?

The pre-requisite for taking a Pre-MFE seminar is to have taken the corresponding class at undergraduate level – for example, for taking the Numerical Linear Algebra for Financial Engineering Pre-MFE seminar you must have taken an undergraduate Linear Algebra course.