Finance and Computation Degrees at Georgia Tech
Georgia Institute of Technology appears in our ranking of 25 Great Master of Financial Engineering Programs.
The program provides students with the practical and theoretical skills they need for positions using formulation, implementation, and evaluation of financial models. Students gain an understanding of risk and construct investment strategies. The degree is offered through the School of Industrial and Systems Engineering, but the program is interdisciplinary. Students are also provided knowledge from the School of Mathematics and the Scheller College of Business. Students gain a strong foundation in quantitative skills used in complex mathematical modeling as well as computational skills, statistical techniques and programming. Students also gain a strong understanding of finance theory and institutional details.
Georgia Tech also offers a Computational Science and Engineering program that combines the knowledge, skills, and practices related to computer-based models of engineered systems and natural phenomena. The program integrates principles from mathematics, computer science, and engineering. The degree is interdisciplinary and provides students with an understanding of numerical computing as it applies to computational techniques in the domain of an application. Students integrate principles from mathematics, computer science, and engineering. Students study courses such as numerical linear algebra, computational data analysis, high-performance computing and more. A concentration minor is required. Students complete either six additional hours in approved coursework or they may choose to complete and defend a master’s thesis. The program is 30 credit hours for both the coursework option and the thesis option.
Students may also choose a master’s degree in analytics at Georgia Tech. The program is a one-year interdisciplinary course of study. Students gain an understanding of statistics, operations research, computing, and business. This provides them with insights into analytics problems. Analytics is the scientific process of transforming data in order to make a better decision. This degree ties together new opportunities available through big data with better business intelligence. Students gain an understanding of integrated fundamental principles and advanced concepts related to computing statistics, operations research and business. Students learn to identify and frame problems as well as methods for acquiring, managing and utilizing streams of data. Students also learn how to create, analyze, solve and interpret mathematical models. There is also instruction in the integration of interdisciplinary skills so that students learn to develop and execute projects using executive analytics.
About Georgia Institute of Technology
In 1885, the Georgia School of Technology was founded, opening the doors in 1888. This was a sign that the South, still recovering from the ravages of war, was shifting its economic base from agriculture to industry. Initially, the school was a trade school with a narrow focus, but within the next few decades grew into a technological university. In 1948, the school’s growth led to a name change – Georgia Institute of Technology.
Women were admitted to the school in 1952 and African-American students were allowed to enroll in 1961, making the school the first in the deep South to desegregate without a court order. The school not only instills strong academics in students but also focuses on the need for a strong work ethic in order to succeed.
U.S. News & World Report ranks Georgia Tech seventh among public universities while the publication ranks the College of Engineering in the top five. Business Insider Magazine ranked the school number one among the smartest public colleges and the engineering program is ranked first by several independent publications.
Georgia Institute of Technology Accreditation Details
Georgia Institute of Technology is accredited by the Southern Association of Colleges and Schools Commission on Colleges. Accreditation indicates that the school is periodically reviewed by the Association to confirm that students are receiving a high-quality education. During the review, the Association identifies areas that may need improvement and the school agrees to address those areas as soon as possible..
Georgia Institute of Technology Application Requirements
Enrollment at Georgia Tech is based on academic performance, test scores, extracurricular activity, a school report and other information that indicates the ability to succeed at the college level. Students must complete an application and provide official high school transcripts as well as ACT or SAT scores. Transfer students must provide transcripts from all colleges and universities attended. A personal essay is required along with recommendations.
Graduate students must hold a bachelor’s degree or higher from an accredited college or university. They must provide official transcripts from all colleges and universities attended as well as official test scores. In order to be admitted to the master’s programs related to analytics or finance, students must have a strong undergraduate academic history. Students must demonstrate a thorough knowledge of calculus, including differential and integral calculus of one variable and multivariate calculus. They must also demonstrate fundamentals of linear algebra and linear systems of equations. An understanding of differential equations, probability and statistics are also necessary. It is recommended that students have an understanding of programming languages, including C, C++, R, SAS or others. Students should discuss all admission requirements with an admissions counselor before applying.
Georgia Institute of Technology Tuition and Financial Aid
Full-time undergraduate rates are $13,996 per year for out-of-state students and $4,906 for in-state students. Tuition for the master’s level programs is $8,655 for Georgia residents and $19,037 for non-residents if attending full-time. The tuition is one of the lowest available for this type of degree program.
Graduate financial aid is available through graduate assistantship and educational loans. Students may also qualify for grants and scholarships. Georgia Tech participates in the Post-9/11 GI Bill and the Yellow Ribbon Program as well. In order to qualify for assistance, students must complete the Free Application for Federal Student Aid (FAFSA) and the FAFSA must be renewed on an annual basis. Georgia Tech also accepts veteran and employer tuition programs.
For more than 130 years, Georgia Institute of Technology has been providing students with the highest quality technical education possible. Some of the programs offered at Georgia Tech are available online or with convenient weekend and evening hours. This allows working adults to advance their education in order to move into a new career or advance in a current career. Georgia Institute of Technology is dedicated to helping everyone achieve their higher education goals.
