P.C. Rossin College of
Engineering and Applied Science

The department of Industrial and Systems Engineering offers three (3) certificates. Please visit below for more information.


Certificate in Analytical Finance

The M.S. in Analytical Finance Program now offers three certificate programs available to candidates in the MSAF Program. Certificate Programs are available in Data Science & Financial Analytics, Quantitative Risk Management or Financial Operations Research by completing an additional two courses for a total of 36 credit hours.  Candidates for the MSAF degree do not need to apply initially for certificate programs - students would meet with the Program Directors to select their certificate choice (if any) once they are enrolled in the program.

These Certificate Programs will enhance each student's skillset by allowing them to explore additional coursework in three main functional areas of Finance.  These certificates are meant to enhance the learning and skill development of our students and make them more marketable to employers upon graduation from the program.

The three programs are:

1. DATA SCIENCE & FINANCIAL ANALYTICS

This certificate will provide Lehigh MSAF students with a unique skillset, preparing them for careers in the interdisciplinary field of Data Science and Financial Analytics, with particular application to the financial services industry. Skills developed include working with massive data sets, data­driven analytical methodologies, SAS and R programming, Data Mining, and Machine Learning.

2. QUANTITATIVE RISK MANAGEMENT

This certificate will train Lehigh MSAF students in the quantitative methodologies and regulatory practices that are essential for risk management functions within a financial institution, and prepares students for and reinforces material from the FRM examination. The Financial Risk Manager (FRM) designation is the premiere certification for professionals in financial risk management. The two-part exam contains the following topics, many of which overlap the curriculum of the MSAF program: Financial Markets and Products, Valuation and Risk Models, Quantitative Analysis, Foundations of Risk Management, Market Risk, Credit Risk, Operational Risk, Risk Management and Investment Management, and Current Regulatory Issues. Furthermore, Lehigh’s MSAF program is an Academic Partner of the Global Association of Risk Professionals (GARP) who administers the FRM certification.

3. FINANCIAL OPERATIONS RESEARCH

This certificate will provide the student with an understanding of the fundamental techniques underlying Operations Research Techniques that are of ubiquitous use in all areas of business today like Linear Programming, Game Theory, Dynamic Programming, Integer Programming, Nonlinear Programming, and Machine Learning.

Visit the CBE website for more information.


Certificate in Healthcare Systems Engineering

The purpose of the Certificate in Healthcare Systems Engineering is to provide students and working healthcare professionals with an introduction to fundamental skills in industrial and systems engineering and a background in healthcare delivery systems and processes. Individuals completing the certificate program will be better positioned to apply systems engineering knowledge and skills to improve overall quality, streamline processes and improve efficiency in healthcare systems. Upon completion of the certificate program, students have the option of applying to the Healthcare Systems Engineering Master of Engineering degree program and applying the 12 certificate credits towards the 30-credit Master’s degree.

Students who have been working for several years, or may not have the expected background, may be required to take refresher mathematics and/or statistic course(s) (e.g. ISE 328 and/or ISE 357) before starting the program to ensure they have the required mathematics and statistics skills.

All courses listed are offered through Distance Learning.

For more information, please visit the HSE website.


Certificate in Management Science and Engineering

The Certificate in Management Science and Engineering is offered by the Department of Industrial and Systems Engineering (ISE). The program is directed toward integrating scientific methods with the functional aspects of organizations by investigating the application of quantitative methodology and systems analysis in the context of decision making, risk analysis, economics and cost analysis, production management, and supply chain logistics. This integration provides the students with broad engineering management perspectives toward managerial decision-making in both private enterprise and public administration. A list of the faculty and descriptions of the courses are included in the catalog description of the ISE department. The program is designed to accommodate students who are employed full time. It is possible to complete the certificate with courses that are available through Distance Learning.

Certificate Course Requirements

Each student is required to complete 12 credit hours of courses selected from the set of Management Science & Engineering Certificate Courses to receive the certificate. At least 9 credits must be ISE courses.

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