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Uncategorised

Make Your Statistics Degree an FSRM MSc.

Financial engineers have access to enormous quantities of data but need powerful methods for extracting and analyzing quantitative information, particularly about volatility and risks.  The Financial Statistics and Risk Management program is a Quantitative Finance and Masters in Statistics on steroids. You learn all that you would in a standard MS in Statistics,  but also gain domain expertise in finance market concepts, financial data analysis and risk management at the same time. You make  yourself qualified for well paid  quantitative financial data analyst and risk management jobs where the demand for these skills is growing.  If you going to choose a specialist domain for your statistics degree, Financial Statistics or Risk Management is hard to beat for the potential payoff in future financial rewards and involvement in exciting domain applications. 

Risk Management, in particular, is in very high demand since the financial crisis.  Banks and other financial institutions are having to make risk management a central focus of their operations because of the beefing up of international  and national regulations since 2010.  Accordingly, these institutions are increasing their employment of skilled quantitative risk managers to satisfy their internal and external compliance requirements.  Regulators also have to augment their ranks of quantitative risk managers.  Financial risk management uses sophisticated probability and statistical methods to identify, manage and mitigate risk. If fact, because risk management is focused on volatility and tail risks, it is fundamentally based on probability and statistics modeling and data analysis. This contrasts with derivative pricing where mathematical  partial differential equations and stochastic process modeling dominate. 

If you are considering a graduate degree in statistics, they you owe it to yourself to take a hard look at the FSRM MSc. START HERE!

Master's Program in Financial Statistics and Risk Management

 

Now accepting applications for Fall 2017:  MS degree in Financial Statistics and Risk Management.

See Admissions Information for details about how to apply.

Advisory Committee

  • Mr. Bradley Ackerman, Director, Hull Capital Management
  • Mr. Robert Bigini. Vice President of Operations, Comrise
  • Dr. Ngai Hang Chan, Chair Professor of Statistics and Director of Risk Management Program, Chinese University of Hong Kong
  • Dr. John DeLorenzo, Founding Partner, Trenwest Development, LLC.
  • Dr. Christopher Donohue, Managing Director, Research and Educational Programs, Global Association of Risk Professionals
  • Dr. Jianqing Fan, Frederick L. Moore Professor of Finance and Statistics, Princeton University
  • Dr. Shengbei Guo,  founder and CEO of GSB Podium Advisors
  • Dr. Wolfgang Härdle, Ladislaus von Bortkiewicz Professor of Economics and Statistics, Humbold University du Berlin
  • Dr. David Li, Head of Modeling, AIG Asset Management
  • Dr. Matthew Li, Founder and CEO, Fore Research and Management
  • Dr. Lawrence Lieberman, Senior Managing Director, The Orion Group, Inc.
  • Dr. Biquan Lin, SVP Head Quant of FEATS at ConvergEX Group
  • Dr. Yi Lin, Managing Director, Quantitative Trading, Verition Fund Management
  • Dr. Per Mykland, Robert M. Hutchins Professor of Statistics and Finance, University of Chicago and Oxford-Man Institute of Quantative Finance, Oxford University
  • Dr. Hugh O'Beirne, Senior Counsel, CBRE Investors
  • Dr. Xingguo Pan, Executive Director, Foreign Exchange Desk Strategies, Morgan Stanley
  • Dr. Yanhui Qiu, Director, Risk Analytics of Citigroup's Global Markets and Banking
  • Dr. Peter Rousseeuw, Senior Researcher, Renaissance Technologies
  • Dr. Marc Salant, Director, Institutional Fixed Income, Deutsche Asset Management
  • Dr. Daniel Wu, Executive Vice President, Mortgage Risk Management, Citigroup
  • Dr. Steven Zhu, Executive Director Risk Management, Morgan Stanley
  • Dr. Wei Zhu, Managing Director in Citi’s ICG Risk Analytics Group

STUDENT PROFILES & RESUMES

News & Events

RESOURCES AND ANNOUNCEMENTS: View resources and news about FSRM and check out our news letters.

FSRM is pleased to announce that, as part of the BS/MS program, GRE/GMAT score submissions are waived for admission applications by Rutgers undergraduates with cumulative GPA of 3.2 or better.

FSRM Selects Imagine Software, Inc. as Preferred Strategic Partner: Read more here

FSRM Application for PRIMIA Module 1, University Membership, Approved: Read more here.
Gordon Ritter, Senior Portfolio Manager, GSA Capital to teach FSRM "Advanced Statistics for Finance" course in Spring 2017: Read more here.

Contact Us

Dr. Neville O'Reilly, Associate Director
P 848-445-7669
E  fsrm@stat.rutgers.edu

FSRM Program
Rutgers, The State University of New Jersey
110 Frelinghuysen Road
479  Hill Center, Busch Campus
Piscataway, NJ 08854