At SPS this fall, all courses, other than pre-established online courses, will be offered face-to-face in our New York City classrooms. Some of these face-to-face courses will be offered in the HyFlex format to ensure that all of our students can make progress toward their degree requirements, if faced with delays due to student visas or vaccination effectiveness wait times.

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Courses

College graduates who have some background in mathematics and statistics and want graduate school preparation in the mathematics and statistics of finance and financial engineering, or are interested in a career change, can follow a structured curriculum developed with the Departments of Mathematics and Statistics.

The Quantitative Studies for Finance program includes:

Calculus Courses (2 Courses)

Methods of integration, applications of the integral, Taylor's theorem, infinite series.

Course Number

MATH UN1102

Format

In Person

Points

3

Prerequisite

MATH UN1101 or the equivalent.

Section/Call Number

0001

Vectors in dimensions 2 and 3, complex numbers and the complex exponential function with applications to differential equations, Cramer's rule, vector-valued functions of one variable, scalar-valued functions of several variables, partial derivatives, gradients, surfaces, optimization, the method of Lagrange multipliers.

Course Number

MATH UN1201

Format

In Person

Points

3

Prerequisite

MATH UN1101 or the equivalent

Section/Call Number

00011

Also recommended but not required:

Multiple integrals, Taylor's formula in several variables, line and surface integrals, calculus of vector fields, Fourier series.

Course Number

MATH UN1202

Format

In Person

Points

3

Prerequisite

MATH UN1102 and MATH UN1201 or the equivalent

Section/Call Number

0001

Advanced Mathematics Courses (Choose 4 Courses)

Matrices, vector spaces, linear transformations, eigenvalues and eigenvectors, canonical forms, applications.

Course Number

MATH UN2010

Format

In Person

Points

3

Prerequisite

MATH UN1201 or the equivalent

Section/Call Number

001

Special differential equations of order one. Linear differential equations with constant and variable coefficients. Systems of such equations. Transform and series solution techniques. Emphasis on applications.

Course Number

MATH UN2030

Format

In Person

Points

3

Prerequisite

MATH UN1102 and MATH UN1201 or the equivalent

Section/Call Number

001

Topics of linear and non-linear partial differential equations of second order, with particular emphasis to Elliptic and Parabolic equations and modern approaches.

Course Number

MATH GR8210

Format

In Person

Points

4

Prerequisite

MATH GR8209

Mathematical methods for economics. Quadratic forms, Hessian, implicit functions. Convex sets, convex functions. Optimization, constrained optimization, Kuhn-Tucker conditions. Elements of the calculus of variations and optimal control.

Course Number

MATH UN2500

Format

In Person

Points

3

Prerequisite

MATH UN1102 and MATH UN1201 or the equivalent and MATH UN2010

Section/Call Number

001

The second term of this course may not be taken without the first. Real numbers, metric spaces, elements of general topology. Continuous and differential functions. Implicit functions. Integration; change of variables. Function spaces.

Course Number

MATH GU4061

Format

In Person

Points

3

Prerequisite

MATH UN1202 or the equivalent, and MATH UN2010

Section/Call Number

001

Statistics Courses (Choose 1 Course)

Introduction to Probability and Statistics

Course Number

STAT GU4001

Format

In Person

Probability is the foundation on which statistics is built. The purposes of this course are 1) to introduce you to probability and 2) prepare you to take a sequel course on statistical inference (Statistics 4204,5204).

We shall begin by covering the basic axioms of probability and using these in some simple settings. Then we will take up the idea of independence and conditional probability. Following we shall consider random variables, and the properties first of univariate discrete and continuous distributions. When we look at two or more variables, additional considerations arise, such as the relationship between the variables|conditional distributions and marginal distributions. Following these basics, we will then take up some ways of summarizing distributions, e.g., expectations and variances and, in summarizing relationships among variables, covariance and correlation. We then take up some of the more important distributions in statistics. In particular, for the discrete case, we will study the Bernoulli and binomial distributions and the generalization to the multinomial distribution, also the Poisson distribution. For continuous distributions, we take up the univariate and bivariate normal, the Gamma and the Beta distribution. In statistical applications, sums of independent random variables (for example, a sample average is such a sum, divided by sample size) are extremely important and characterizing the properties of these in large samples justifies many of the ways in which we make inferences in statistics. Thus, we take up the properties of these sums in large samples, focusing on stating laws of large numbers and also a simple central limit theorem.

Course Number

STAT GU4203

Format

In Person

Points

3

Prerequisite

This is a master's level class. A solid grounding in calculus (including multivariable calculus) and linear algebra is minimally presupposed; of course, more mathematics is even better. Potential students without such grounding will have too tough a time and should take preparatory mathematics classes and/or a more elementary statistics class.

The aim of the course is to describe the two aspects of statistics {estimation and inference {in some details. The topics will include maximum likelihood estimation, Bayesian inference, confidence intervals, bootstrap methods, some nonparametric tests, statistical hypothesis testing, linear regression models, ANOVA, etc.

Course Number

STAT GU4204

Format

In Person

Points

3

Prerequisite

GU4203 or GR5203 (Old #: W4105), and a good working knowledge of single-variable calculus is necessary: differentiation, integration, infinite sums, Taylor expansions, limits.

Computer Science Course

This course is a foundation course for learning software programming using the Java language. The course will introduce the student to programming concepts, programming techniques, and other software development fundamentals. Students will learn the concepts of Object Oriented programming using Java. The course will present an extensive coverage of the Java programming language including how to write, compile and run Java applications.

The purpose of this course is to learn programming concept and Object Oriented fundamentals using Java. Students will receive a solid understanding of the Java language syntax and semantics including Java program structure, data types, program control flow, defining classes and instantiating objects, information hiding and encapsulations, inheritance, exception handling, input/output data streams, memory management, Applets and Swing window components.

Course Number

BUSI PS4007

Format

In Person

Points

3

Students are required to maintain an overall minimum GPA of 3.0 (B). Every course creditable toward the certificate must be taken for a letter grade. Courses with a grade of P or below a C will not count toward the completion of the certificate.