A Message from the Directors
Welcome to the LEHIGH Master of Science in Analytical Finance (MSAF) website.
As you read the information contained in this website, we hope you will get a feel for Lehigh University’s MSAF Program. Even though our university was established in 1865, this is a relatively new master program offered in cooperation by 3 of Lehigh University’s 4 colleges (College of Business and Economics, P.C. Rossin College of Engineering and Applied Science, and College of Arts and Sciences). It is co-sponsored by the Perella Department of Finance, the Department of Industrial & Systems Engineering and the Department of Mathematics. In fact, even when applying to the program, you will find it listed as an Intercollegiate Program in our application system.
Our alumni from the university are among the most successful and loyal you will find anywhere. In addition, our campus is one of the most beautiful in the country. The location is ideal as well: the Lehigh Valley is conveniently located to Philadelphia (less than one hour), New York City (just over one hour), and great skiing (within 45 minutes).
The program’s academic objective is to provide students with a strong education in advanced finance, risk management, and quantitative financial analysis tools, grounded in a common series of courses. This sequence will provide key concepts from financial theory, applied mathematics, and engineering. With these building blocks, program graduates will become instrumental in the creation of innovative solutions for real financial problems, using state of the art analytical techniques and computing technology.
The program is designed to provide support for trading functions, computer programming, consulting, and back office functions of investment houses, consulting firms, and accounting firms. In addition, the curriculum is intended for career opportunities in areas such as portfolio management, securities trading, investment banking, risk management and financial information systems
Our targeted market of prospective students comes primarily from two backgrounds. The main and initially largest group of students should likely come straight from mathematically rigorous undergraduate programs in one of the disciplines listed above. These students will need exposure to graduate topics that prepare them for entry into a first job in financial services and to be upwardly mobile within their firm or industry faster than other entrants without this degree. The second group of potential students is early-to-mid-career professionals from industry, either to hone and further skills already learned on the job or to retool their quantitative skills, developing into financial services specialists.
We hope you enjoy your journey through the Lehigh MSAF website. Our team stands at the ready to assist with any questions you might have. So if you are looking for a challenging program that will help advance your mathematical, programming, and financial skills, then the Lehigh MSAF program is right for you.
All the best from the Co-Directors,
Richard J. Kish
Professor, Perella Department of Finance
Assistant Professor, Industrial & Systems Engineering
Assistant Professor, Mathematics