Certificate Program in Financial Engineering

The Certificate Program in Financial Engineering (CP-FE) prepares students for technically sophisticated jobs with financial institutions, financial service providers, financial consulting services and financial software companies. The program is intended for students seeking comprehensive technical knowledge of vanilla and exotic derivatives pricing, hedging, trading and investment strategies and portfolio management in equity, currency, interest rates, credit and mortgages.

This is a short-term course that requires seven months of study for the core modules, which makes it attractive to students with strong quantitative skills who are willing to make a quick head start in the investment finance industry. The applied nature of the program implies the fact that there is great emphasis in it to impart the practical implementation skills and techniques that are actually used by practitioners in top financial institutions in the industry, so a considerable part of the course time is devoted to teaching implementation skills along with rigorous theoretical discourse.

As an applied discipline, financial institutions look for the following skill sets in the candidates for positions in their Quant teams :

Strong quantitative background
Sound knowledge of the underlying financial theories
Very good implementation skills

This course is designed specifically to meet these exact needs. This is a course on modelling and applications of mathematics, statistics and econometrics in investment finance. The program covers the all the technical and quantitative aspects of investment finance used in top financial institutions.

The combination of skills imparted through this program viz. understanding of complex financial theories, rigorous exposure to the underlying mathematical and statistical theories, practical financial modeling ability and computer implementation proficiency, is in high demand in the industry, and which the employers do not generally find in graduates of standard MBA or engineering programs.

What you Study

Participants learn Stochastic Calculus, Numerical Techniques, Monte Carlo Simulation, Derivative Valuations and Derivatives Trading Strategies which are used in Investment Finance by professionals in the field and how to implement them in practice. They study the underlying financial theories like financial economics, portfolio theory, derivatives pricing models. Then they learn to write financial application programs making use of the theories and methods they have learned for valuations of Vanilla and Exotic Derivatives on equities, currency, interest rates, etc.

Who Should Attend

Finance Professionals like Analysts / Fund Managers / Traders / Risk Professionals / Fund accountants / Consultants / Derivatives structurers / Dealers / Arbitrageurs
Software professionals
Graduate students

Eligibility

Undergraduate degree in engineering / mathematics / statistics / physics / finance / economics / econometrics / chartered accountancy / computer science / MBA / CFA / FRM / PRM.

Applicants in their final year bachelor's/master's degree course (as applicable) are also eligible to apply.

Schedule

Program Start Date: 20th March 2021

Duration: Main Module- 7 months

Class timings: Saturdays and Sundays | 3:00 PM to 8:00 PM

Course Fee

Main Module: INR 155000 (inclusive of taxes)/ USD 2400 for participants registering from outside India

Primers: Free of cost on registration for the program (Participants will get access to free recordings of all the four Primers upon registering for the program)

Early Bird Discounts:

- 25% on the course fee for registering on or before 25th January 2021