Roy S. Freedman -- Course Resources

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My course resources contain: notes, news articles, papers, links, assignments, syllabus, and FAQs (concerning grades, citations, projects, homework). Course descriptions edited from the NYU Tandon School of Engineering Catalogue

Finance and Risk Engineering at the NYU Tandon School of Engineering

FRE 6071 Derivatives, Financial Markets and Technology Basic derivatives including futures contracts, forward contracts, option contracts, and swap contracts; the use of these instruments by financial institutions; basic valuation; use of derivatives for speculation, hedging, and arbitrage; the specifics of the contracts and the markets in which they trade. The main focus is to give students in the Financial Information Services and Technology track a general understanding of the derivatives market and risk management.
FRE 6131 Clearing and Settlement of Financial Transactions The processing of financial transactions from order execution to final settlement of transaction; procedures and market conventions for processing completed transactions; verifying transactions; confirming transactions; resolving conflicts; decisions involved in developing one's own clearing operations or purchasing clearing services; the role played by the clearing houses; numerous issues associated with cross border transactions.
FRE 6153 Foundations of Financial Technology and Services Financial Institutions spend billions per year to exploit the latest development in information technology. This course introduces a framework with which to understand and leverage information technology. The technology components covered include telecommunications, groupware, imaging and document processing, artificial intelligence, networks, protocols, risk, and object-oriented analysis and design. the course also covers the entire technological-planning process specifically for financial institutions.
FRE 6191 Advanced Topics in Financial Technology In-depth treatment of advanced topics in this rapidly changing field. Students will prepare and present case studies applying the concepts covered in class.
FRE 6431 Electronic Market Design Design and analysis of electronic markets using economics, game theory, auction theory, AI, and theoretical computer science. Applications include automated negotiation for ecommerce, resource allocation in grid computing, best execution.
FRE 6771 Financial Optimization Financial optimization in asset allocation; security selection; currency hedging; risk management. Modeling and problem solving using state of the art optimization systems specified with algebraic modeling languages.
FRE 6791 Operational Risk Measurement and Management Risks, exposures, and controls; the effects of transaction processing, liquidity management, organizational structure, personnel, and compliance on the nature of operational risk. Qualitative and quantitative measures of operational risk.
FRE 7211 Forensic Financial Technology and Regulatory Systems The goal of this course is to understand the technology behind financial forensics and regulatory systems. These include innovative database techniques ("dataveillance"), artificial intelligence, data mining, and non-parametric outlier methods used by the Secuities Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), as well as the FBI, and other federal and state agencies.
FRE 7251 Algorithmic Trading & High-Frequency Finance The goal of this course is to survey several algorithmic strategies used by financial institutions and to understand their implementation in the context of order management systems and standard financial protocols.
FRE 7261 News Analytics & Strategies The fast growing field of news analytics requires large databases, fast computation, and robust statistics. This course introduces the tools and techniques of analyzing news,how to quantify textual items based on, for example, positive or negative sentiment, relevance to each stock, and the amount of novelty in the content. Applications to trading strategies are discussed.
FE x682 Empirical Methods in Finance How to estimate the parameters used in valuation and other financial models. Multivariate regression and stationary time series in the traditional ARIMA framework; AFRIMA and GARCH; tests for trends and unit roots; estimation and forecasting; measuring the performance of forecasts; evaluation of trading strategies; Value at Risk (VAR) models.

Technology Management at the NYU Tandon School of Engineering

Crash Course Mathematics for Management Deterministic and Probabilistic Methods. Scenario Analysis.
MG 5050 Probability and Managerial Statistics This course starts with the basic concepts of random phenomena and goes on to advanced applications of statistics relevant to managers. Topics include probability theory, discrete and continuous probability variables, sampling, measures of central value and dispersion, hypothesis testing, statistical inference, quality control, analysis of variance, regression, correlation and nonparametrics. The course emphasizes application of concepts.
MG 650 Management of Information and Information Technology Different information technologies and their applications in managing business. Critical data, information and knowledge. The current state of IT in organizations, challenges and strategic use of IT, infrastructure and architecture, building, implementing and managing applications .
MG 654 Economics and Strategy for Information Sectors Applied competitive strategy Economic and competitive implications of information technology. Evaluating the economics of potential systems innovations. Strategic systems planning.
MG 655 Introduction to Management of Data Communications and Networks Fundamentals of modern telecommunications and networking to the current and future managers. Data communication, data transmission, Open System Interconnection (OSI), TCP/IP and other models, data link and network layers, and local area networks (LANs).  Related managerial issues.
MG 750 Management Of Electronic Business Management implications of electronic business. New product development, impact of technology on the value chain, the changing role of intermediaries, electronic commerce business models, and strategies for survival. Business applications involving collaborative, communication, computation and teamwork.
MG 867 Technology Strategy How information technology can effectively support the strategic plans and mission of a business, including application portfolio, information architecture, longer term planning for information systems and the integration of IT planning with corporate planning activity.