1. Financial Engineering Course Planning Guide Spring Entry 1 st Spring Semester 1 st Fall Semester 2 nd Spring Semester Probability 251 Stochastic Processes 256 Mathematical Finance 358 (251,256) Derivatives & Risk 339 (326,335) Financial Accounting 326 Statistics 252 (251) Asset Management 402 (326,335) Elective Corporate Finance 335 (326) Elective ProbabilityStochastic Processes Mathematical Finance Financial Accounting StatisticsAsset Management Corporate Finance Derivatives & Risk Elective 2 nd Fall Semester Spring entrants can complete the program in 3 or 4 semesters or on a part-time basis. As of 6/1/04, Subject to change Four Semester Program Three Semester Program Recommended Schedule

2. Financial Engineering Course Planning Guide Fall Entry Probability 251 Statistics 252 (251) Stochastic Processes 256 Math Finance 358 (251,256) Financial Accounting 326 Asset Management 402 (326,335) Derivatives & Risk 339 (326,335) Elective Corporate Finance 335 (326) Elective 1 st Fall Semester 1 st Spring Semester 2 nd Fall Semester 2 nd Spring Semester ProbabilityMath Finance Derivatives & Risk Stochastic Processes StatisticsElective Financial Accounting Asset Management Elective Corporate Finance Elective Fall entrants can complete the program in 3 or 4 semesters or on a part-time basis. Students choosing the 3 semester option must have approval from the program coordinator. Four Semester Program Three Semester Program Recommended Schedule As of 6/1/04, Subject to change

3. Financial Engineering PART-TIME Course Planning Guide Fall Entry 1 st Fall Semester ProbabilityFinancial Accounting 1 st Spring Semester Corporate Finance Statistics 2nd Fall Semester Stochastic Processes Derivatives 2nd Spring Semester Asset Management Math Finance 3rd Fall Semester Elective 3rd Spring Semester Elective Schedules subject to change. Recommended Schedule

4. Financial Engineering PART-TIME Course Planning Guide Spring Entry 1 st Spring Semester ProbabilityFinancial Accounting 1 st Fall Semester Stochastic Processes Corporate Finance 2nd Spring Semester Math Finance Asset Management 2nd Fall Semester StatisticsDerivatives 3rd Spring Semester Elective 3rd Fall Semester Elective Recommended Schedule Schedules subject to change.