Recommended Course Sequence

Bachelor of Science in Computational Finance
Tepper School of Business

Note: Courses listed in brackets are required by the University the Tepper School of Business. All other courses are a requirement of the Computational Finance Major.

Freshman Year
  Fall Units
15-110 Principles of Computing 10
21-120 Differential and Integral Calculus (or 21-122) [1] 10
73-102 Principles of Microeconomics 9
70-100 [Global Business] 9
76-101 Interpretation and Argument 9
99-101 Computing@Carnegie Mellon 3

50
 
  Spring Units
15-112 Fundamentals of Programming 12
21-122 Integration, Differential Equations and Approximation (or 21-259) [1] 10
21-241 Matrices and Linear Transformations [3] [4] 10
73-103 Principles of Macroeconomics 9
xx-xxx [Breadth Course] 9
xx-xxx [Breadth Course] 9

59
 
 
Sophomore Year
  Fall Units
21-259 Calculus in Three Dimensions [5] 9
21-260 Differential Equations [3] [6] 9
21-325 Probability 9
70-122 Introduction to Accounting 9
73-240 Intermediate Macroeconomics 9

45
 
  Spring Units
21-270 Introduction to Mathematical Finance [8] 9
21-127 Concepts of Mathematics 10
36-226 Introduction to Probability and Statistics II 9
70-311 [Organizational Behavior] 9
70-381 [Marketing I] 9

46
 
 
Junior Year
  Fall Units
21-370 Discrete-Time Finance 9
70-391 Finance 9
15-122 Principles of Imperative Computation 10
xx-xxx [Breadth Course] 9
xx-xxx [Elective] 9

46
 
  Spring Units
21-420 Continuous-Time Finance 9
21-369 Numerical Methods 9
36-401 Modern Regression 9
70-371 Production and Operations Management 9
xx-xxx [Breadth Course] 9

45
 
 
Senior Year
  Fall Units
94-702 Professional Writing 6
70-332 [Business, Society and Ethics] 9
70-401 [Management Game] 12
xx-xxx Depth Elective 9
xx-xxx [Breadth Course] 9

45
 
  Spring Units
46-977 Studies in Financial Engineering 6
90-718 Strategic Presentation Skills 6
xx-xxx Depth Elective 9
xx-xxx [Breadth Course] 9
xx-xxx [Breadth Course] 9
xx-xxx [Elective] 9

48

[1] When planning your courses for freshman year, be aware that the 21-111, 21-112 calculus sequence will not be accepted as a prerequisite for the later courses in the BSCF major. The 21-120, 21-122 sequence is required.

[3] 18-202 Mathematical Foundations of Electrical Engineering may be substituted for either 21-241 Matrix Algebra or 21-260 Differential Equations, but not both.

[4] 33-232 Mathematical Methods of Physics may be substituted for 21-241 Matrix Algebra.

[5] 21-256 Multivariate Analysis may be substituted for 21-259, however, 21-259 is preferred.

[6] The sequence 33-231 Physical Analysis and 33-232 Mathematical Methods of Physics may be substituted for 21-260 Differential Equations.

[8] 21-270 Introduction to Mathematical Finance should normally be postponed until Sophomore Spring. While it has only 21-120 as a prerequisite, it does assume some mathematical maturity. Moreover, it is best to take the sequence 21-270, 21-370, 21-420 without interruption, so as to keep the material fresh in your mind.

[10] Either 36-217 Probability Theory and Random Processes or 36-225 Introduction to Probability and Statistics I may be substituted for 21-325 Probability, but 21-325 Probability is the preferred course for BSCF. Although 21-325 is intended for students who have not had previous experience with calculus-based probability, it is a more advanced course than either 36-217 or 36-225. 15-359 Probability and Computing can also be substituted for 21-325.