The new Master of Science in Financial Engineering Program (MSFE) at the University of Illinois has appointed Dr. Morton N. Lane as Director.
MSFE is a joint program of the Department of Industrial and Enterprise Systems Engineering in the College of Engineering and the Department of Finance in the College of Business at the U of I.
Lane has run his own consulting practice for the past fifteen years, partnering with agencies such as Sedgwick Insurance Brokers and Gerling Global Reinsurance, to offer advice in the securitization of (re)insurance risk and risk management techniques. He also maintains an SEC (securities and exchange commission) broker-dealer designation.
Lane received a Bachelor of Science in Mathematics, Economics and Statistics from Birmingham University in the UK and his Ph.D. from the University of Texas in Business Administration, Mathematics and Computer Science.
The MSFE program began accepting applications Dec 15, 2009 and will enroll its first class for the fall semester of 2010. Application information can be found at http://msfe.illinois.edu and all materials must be received by April 15, 2010.
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The MSFE degree is a three-semester program (fall, spring, summer internship, fall), entwining stochastic modeling optimization, computing and computational methods, finance, and an applied practicum experience.
An information session will be held Feb. 24 at 4:30 p.m. in Illini Union room 215 to learn more about the MSFE program and speak with the new director.