Program: Financial Engineering (MS)
Date: Mon Oct 12, 2009 - 2:58:56 pm
1) List your program's student learning outcomes (SLOs).
1: Graduates will be able to analyze complex problems in financial mathematics. Assessed in
FIN 651, FIN 654, FIN 657
0 = No understanding of financial mathematics or complex problems.
1 = Partial development of mathematical approaches.
2 = Ability to analyze complex problems and apply a suitable financial mathematical process.
2: Graduates will be able to evaluate and correlate stochastic processes. Assessed in FIN 655
0 = No understanding of stochastic processes.
1 = Understands what a stochastic process is but is not able to evaluate and correlate a
2 = Is able to evaluate and correlate stochastic processes.
3: Graduates will be able to forecast stochastic events in finance and related fields as weather
(hurricanes, floods, volcanoes) Assessed in FIN 655, FIN 658
0 = Does not understand and is unable to forecast stochastic events in finance and related fields.
1 = Understands but is unable to forecast stochastic events in finance and related fields.
2 = Is able to forecast stochastic events in finance and related fields by distinguishing what
approach can be used to forecast the particular stochastic event.
4: Graduates will have the computational skills to program complex stochastic processes in
finance and related fields. Assessed in FIN 652, FIN 659
0 = Lack in understanding how to program or create a program of a complex stochastic process.
1 = Programming skill is adequate but is unable to program complex stochastic processes.
2 = Is able to program and program a financial process in finance or a related field.
5: Graduates will be able to apply their knowledge in the insurance, risk‐management, and
investment banking industry as well as in related fields. Assessed in FIN 653, FIN 656, FIN 661
0 = Students are unable to identify and apply processes in the insurance, risk management, and
investment banking industry as well as related fields.
1 = Students are able to identify processes but do not have an understanding of the various
processes in the insurance, risk‐management, and investment banking industry as well as in
2 = Students have a clear understanding of the process of the insurance, risk‐management, and
investment banking industry as well as in related fields
2) Where are your program's SLOs published?
Student Handbook. URL, if available online:
Information Sheet, Flyer, or Brochure URL, if available online:
UHM Catalog. Page Number:
Course Syllabi. URL, if available online:
Other: These will be listed on the Shidler College web site, by the end of the Fall 09 Semester
3) Upload your program's current curriculum map(s) as a PDF.
4) What percentage of courses have the course SLOs explicitly stated on the course syllabus, department website, or other publicly available document? (Check one)
5) State the SLO(s) that was Assessed, Targeted, or Studied
The MFE program is a new program, that began in Fall 2009.
6) State the Assessment Question(s) and/or Goal(s) of Assessment Activity
7) State the Type(s) of Evidence Gathered
8) State How the Evidence was Interpreted, Evaluated, or Analyzed
9) State How Many Pieces of Evidence Were Collected
10) Summarize the Actual Results
11) Briefly Describe the Distribution and Discussion of Results
12) Describe Conclusions and Discoveries
13) Use of Results/Program Modifications: State How the Program Used the Results --or-- Explain Planned Use of Results
14) Reflect on the Assessment Process
15) Other Important Information