Joint degree for Wall Street wizards
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
The Stern school at New York University has teamed up with the university’s Courant Institute of Mathematical Sciences to offer a joint degree programme aimed squarely at the Wall Street wizards of the future.
The MBA/MS in Mathematics in Finance programme will deliver all the management skills of the MBA alongside the quantitative mathematical skills needed for a top Wall Street career.
“Wall Street has long looked to Stern for financial management talent and to Courant for quantitative finance talent,” says Thomas Cooley, dean of NYU Stern. “For those who aspire to build robust careers on Wall Street, our new joint programme will give students the best of both worlds, with unparalleled access to the latest financial research and practice.”
The programme will be taught by faculty from the two schools, including Stern’s Nobel laureate Robert Engle, and senior Wall Street practitioners.
The two degrees can be studied simultaneously, with students enrolling for the first two years on a full-time basis and the final year (72 credits) on a part-time basis. Students are awarded the MBA after successful completion of the first two years of the programme, when they can return to the workplace, and the MS upon the successful completion of the final semester.
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