The seven required courses are MATH W4071 (Mathematics of Finance), STAT G6503 (Time-Series Modeling), STAT W6501 (Stochastic Processes), STAT W4315 (Linear Regression Models), MATH G6071 (Numerical Methods in Finance), STAT G6505 (Stochastic Methods in Finance), and MATH G8210 (Practitioners' Seminar). Though the number of mandatory courses is seven, for advanced students one of the mandatory courses (Linear Regression Models) can be substituted by another course with a strong Mathematical/Statistical load. The request to take a substitution course must be approved by the director of the program.