A deleted record cannot be edited

Viewing: FNCE 404 : Financial Engineering

Last approved: Tue, 24 Mar 2020 16:09:30 GMT

Last edit: Tue, 24 Mar 2020 16:09:29 GMT

Rationale for Inactivation

Last Effective Term

Requested By

First Name	Last Name	Userid	Title	Home School	Org Short Name
Andrea	Rollins	rollins	ACAD AFF COORD	Wharton School	WH FINANCE

Course Subject

FINANCE

Course Number

404

Start Term

Fall 2020 (Non-Substantive Changes ONLY)

Committee Term

Course Title

Financial Engineering

Course Description

This course expands the key insights from the prior quantitative finance classes such as Derivatives and Fixed Income by using more advanced tools in statistics and applied mathematics. Its focus is on devising new and innovative financial products, often employing financial derivatives and related dynamic strategies, to address pmifolio and risk-management problems. The course structure involves an introductory lectures and case discussions in the first half, and a capstone "real life" group project where students will seek to address specific problems in finance faced by sell-side banks, and buy-side corporate clients or investment funds. Each project will focus on practical economic needs and standard activities of a specific client and/or bank and the use of derivatives and dynamic strategies to solve them.

Also Offered As

Syllabus

Ramaswamy-FNCE404_Financial Engg_ Described_with_AppForm.pdf

Course Frequency

Every Other Term

Sector Requirements

Your department or program fields a variety of courses to meet distinct educational needs. Please explain how this course fits into your department's plan for participating in the general education curriculum of the College. The sector panel will want to know what is distinctive about this course along with the other courses your department lists in the sector that makes them suitable for the sector requirement.

Endorser Justification

Term Offered

Course offered summer, fall and spring terms

Sector Requirements

Format

Instructor Name

Instructor Type

Instructor Status

Place in Curriculum

Instructor's Objectives

Methods of Assessment

Number and size of paper(s) assigned

Number and type of exams

Other Requirements

Sector I - Society

How does this course allow students to formulate and test social science hypotheses?

How does the course provide students with an understanding of social theories?

How will students understand the basis of empirical social science?

How will students gather and interpret data about social phenomena?

How does the course encourage students’ understanding of culture, religion, class, gender, race, or other fundamental social constructs?

How does the course enable students to understand the role of institutions in society, the relationship between individuals and those institutions, or the relationship among ideologies, values, and individual behavior?

Sector II - History and Tradition

How does this course allow students to read and interpret primary sources?

How will students be able to contextualize the primary materials they examine?

How will students closely read materials and discuss their core ideas?

How will students learn to interpret visual or material objects?

How do students have the opportunity to write significant interpretive essays about the sources they study?

How does the course provide students with an interpretive framework for analyzing change over time?

How does the course contribute to understanding of how knowledge is constructed and how interpretive frameworks change over time?

Sector III - Arts & Letters

How does the course allow students to develop interpretive strategies for analyzing visual, aural or literary texts?

How does the course offer students ample opportunity to write significant interpretive essays?

How does the course allow students to develop an appreciation of the creative process within a medium or in a variety of artistic media?

If a course is narrowly focused, how does it provide for breadth through understanding the social context or continuing significance of the work(s) being analyzed?

Sector IV - Humanities and Social Science

How does the course integrate theory with practical applications?

How are students allowed the opportunity to reflect on practice?

How does the course allow students to integrate approaches from two or more humanities or social science disciplines?

How does the course place creative practice in writing, music or the fine arts in an interpretive context?

Sector V - Living World

How does the course allow students to examine data, critically assess their origins, and consider the conclusions that can be drawn from them?

How does the course teach students how experimental and observational methods, as well as quantitative reasoning, are applied to the study of living systems?

How do students learn the methods used by contemporary natural science to study how organisms influence and are influenced by the environment?

How do students learn how to characterize and analyze basic population dynamics?

How do students learn about ecological diversity and how to measure it?

Sector VI - Physical World

Does the course allow students to examine data, critically assess their origins, and consider the conclusions that can be drawn from them?

How does the course teach students how experimental and observational methods, as well as quantitative reasoning, are applied to the study of physical systems?

How do students learn the methods used by contemporary natural science to study interactions among physical systems?

How does the course have students use mathematical methods to test observational data and formulate and test hypotheses?

How do students learn about the relevance of theory to the world of ordinary observation?

Sector VII - Natural Sciences and Mathematics

How does this course integrate knowledge across two or more disciplines in the natural sciences/mathematics?

How does the course integrate theory with practice?

Administrative Field

College reason for proposal

Committee

Committee reader

Administrative Status

Reviewer Comments