Mathematical Exploration Guided by
Renowned Faculty of the #5 Ranked Financial Engineering Program in North America
The Financial Engineering & Applied Mathematics Academy introduces exceptional high school students to the growing field of financial engineering. These Academy students explore mathematical finance in an enhanced curriculum that highlights essential methods of engineering and mathematics, as well as computational finance. Students learn from renowned faculty in Baruch College’s Financial Engineering Masters Program, which is ranked #5 in North America by the Quantnet Ranking of Financial Engineering.
The Goals of the Financial Engineering & Applied Mathematics Academy
- Understanding of the qualifications necessary for successful admissions to college with strong math and research skills in order to build a successful portfolio for application to financial engineering college programs;
- Exploration and investigation of various applied mathematics topics necessary in the financial engineering field; and
- Development of academic and professional information in preparation for the college admissions process.
Admissions Requirements
The Academy is open to rising high school juniors and rising high school seniors with a minimum of a B average and strong letters of reference. Applicants are evaluated on the basis of their application essay, their academic record, and two letters of recommendation. Admission to the Academy is made on a rolling basis.
Essential modules of the Financial Engineering & Applied Mathematics Academy
- Intensive learning with focus on financial engineering.
- Workshops allow students to fully comprehend the foundations of financial engineering.
- Enrichment and study of the financial engineering profession through panels, speakers and field trips.
- Networking events and student social programming.
Components of the Program
The Financial Engineering & Applied Mathematics Academy brings together highly motivated students in New York City to gain a broad understanding of financial engineering as well as the applied mathematical skills required to produce financial instruments.
- SAT Prep: All of our test preparation courses include skills review, test-taking strategies and tips, practice exercises and simulated tests. Participants will be given a short paper-based diagnostic assessment to determine individual strengths and weaknesses.
- Curriculum: The content of the lessons includes critical reading (reading comprehension, sentence completion and paragraph-length critical reading), math (number and operations, algebra and functions, geometry, statistics, probability and data analysis), and writing (grammar, usage, word choice and essay).
- Student Advisement and College Counseling: Advisement is an essential component of the Financial Engineering and Applied Mathematics Academy. Academy students receive academic advisement, career advice, and assistance with the college admissions process. Students must develop the navigation skills to identify programs and courses to continue developing and improving. The Academy includes workshops emphasizing practical skills such as preparing for and taking exams, speaking up in class, taking effective notes, time management and what students should know about making the transition from high school to college to graduate coursework.
- Panels, Speakers and Field Trips: The Financial Engineering & Applied Mathematics Academy classroom experience is supplemented by panels, speakers and field trips. Theses components provide students with opportunities that allow them to engage with financial engineering practitioners who share their experiences, expectations, and career paths.
- Networking Events: Networking allows Academy students to continue to develop refine their interpersonal skills. By building relationships, students are able to obtain additional information that may prove as references for their future endeavors.
Financial Engineering & Applied Mathematics Topics Covered
- A Quantitative Introduction to Financial Engineering: This introductory course allows students to learn the mathematical foundations of the multidisciplinary field of modern financial engineering. Students will learn quant topics including price, interest, yield, hedge, and assets from the esteemed director of Baruch College’s Master in Financial Engineering Program, Dr. Dan Stefanica.
- So You Want to Be a Financial Engineer?: This course provides students with in depth knowledge of what it is like to be a financial engineer. Students will hear from various professional financial engineers as well as awarded Baruch College faculty members who will retell their experiences and findings as financial engineers.
- Advanced Applied Mathematics for Financial Engineering: This course allows students to examine both computational finance and mathematical finance two essential components of financial engineering. Both forms of high-level quant allow students to prepare themselves for accelerated math in the high school classroom, financial engineering coursework, and beyond.
- Likely Probabilities for Finance: The probability portion of the financial engineering curriculum allows students to use the properties of quadratic variation, and stochastic calculus, in addition to quadratic variation. These skills are essential for studying how to enhance or produce innovative financial instruments by making use of pre-existing financial instruments.
*Course topics are subject to change and all topics mentioned may not be offered at every summer program.






