Open Research Experiences for Graduates & Undergraduates (OREGU): Remote
Economics | Finance | Applied Mathematics | Mathematical Finance | Financial Engineering | Statistics
A. Program Overview
The Open Research Experiences for Graduates and Undergraduates (OREGU) program is designed for students interested in pursuing a PhD or Master’s in Economics, Finance, Applied Mathematics, Statistics, Financial Engineering, or Financial Mathematics. This tailored remote program offers 1) formal research training and 2) exposure to graduate-level coursework under the guidance of experienced instructors. It helps students develop strong research skills, gain exposure to advanced coursework, and learn how to produce publishable research papers.
Students admitted to the program will engage in hands-on original research, participate in structured online courses to deepen their knowledge, and receive mentorship from at least one research expert in their chosen field. Designed for students aspiring to pursue a PhD or, at minimum, a Master’s degree at a top university after their undergraduate studies, this program provides a strong foundation for advanced academic success. Click here to learn more about OREGU’s current students
B. Program Details
- Mode of Study: Remote (online)
- Research Areas: Applied Mathematics, Statistics, Economics, Finance, Financial Mathematics, Financial Engineering
- Tuition: $5,500 (scholarships are available in limited numbers, and all candidates are considered for them)
- Duration: Up to one academic session, renewable based on student demand. Classes and research meetings are flexible and held on weekends to accommodate all full-time students
- Outcome: At least one publishable research paper in the student’s area of interest and transcripts issued showing courses taken and grades obtained
- Application Deadlines: Applications are accepted year-round for summer, spring, and fall intakes
- Eligibility: Open to both domestic and international students who are certain to pursue graduate studies and are seeking to strengthen their research foundation
- Additional Benefits
- Students who complete the program and produce a publishable research paper will receive support when applying to top graduate programs.
- Active mentorship and research guidance from experienced researchers in the field.
C. Graduate Coursework Details
Accepted students can choose and take any desired combination of courses (up to 7) from the list below. The courses are taught online by our instructors and are designed to prepare students for cutting-edge research and graduate school.
| Finance | Economics | Applied Mathematics | Statistics | Financial Engineering | Financial Mathematics |
| Continuous Time Finance | Macroeconomic Theory | Applied Functional Analysis | Computational Finance and PDE for Financial Mathematics |
| Methods of Asset Pricing | Microeconomic Theory | Dynamic Programming | Financial Risk: Market and Credit Risk Management |
| Stochastic Calculus | Econometric Theory | Partial Differential Equations | Stochastic Optimal Control |
| Derivatives Pricing | Applied Econometrics | Numerical Approximation Methods | Portfolio Theory and Construction |
| Financial Economics | Behavioral Economics | Stochastic Analysis | Stochastic Differential Equations |
| Corporate Finance and Financial Markets | Mathematical Statistics | Ordinary Differential Equations | Advanced Derivatives Pricing |
| Statistical Analysis of Financial Data | Open Econ (International Finance) | Measure Theory and Integration | Machine Learning in Finance |
| Machine Learning in Finance | Financial Econometrics | Measure Theoretic Probability | Programming and LaTeX |
| Structured Finance | Bayesian Econometrics | Real Analysis | |
| Programming and LaTeX | Programming and LaTeX | Linear Algebra | |
| Advanced Statistical Methods | |||
| Statistical Foundations of Machine Learning and Data Science | |||
| Programming and LaTeX |
D. Research Details
Accepted students are at liberty to work on research topics consistent with their areas of strength. A high-level, complete and well-written research paper is the expected outcome of the research exercise. After this, students will have a chance to work on further research projects with mentors, to further strengthen their understanding and preparation for future graduate studies.
| Finance | Economics | Applied Mathematics | Statistics | Financial Engineering | Financial Mathematics |
| Research topics can span all areas of finance in which we have expertise. These topics should be reasonable and achievable based on the knowledge students have realistically acquired. Research mentors will provide guidance throughout the process. | Research topics can span all areas of economics in which we have expertise. These topics should be reasonable and achievable based on the knowledge students have realistically acquired. Research mentors will provide guidance throughout the process. | Research topics can span all areas of applied mathematics and statistics in which we have expertise. These topics should be reasonable and achievable based on the knowledge students have realistically acquired. Research mentors will provide guidance throughout the process. | Research topics can span all areas of financial mathematics and engineering in which we have expertise. These topics should be reasonable and achievable based on the knowledge students have realistically acquired. Research mentors will provide guidance throughout the process. |
E. How to Apply & Application Requirements
Click BT OREGU and apply.
Early application is highly recommended due to limited space. We reserve the right to close applications before the deadline if all spots are filled, so we encourage you to submit your application as soon as possible. For any inquiries, please contact us at info@baumtenpers.com
An acceptable application includes a completed online application and other supporting application materials such as your resume, unofficial transcript, and any other documents you wish to submit. You may submit your application without a transcript, but we will need a transcript to finalize your offer at a later stage. We recommend that you complete your application early to get the best chances of securing a place.
Application Deadlines:
May 30th – Summer Semester
September 31st – Fall Semester
February 27th – Spring Semester
F. Objectives and Expected Outcomes
The OREGU program prepares students with theoretical and analytical methods applicable to research in their fields of interest. By engaging in cutting-edge research, taking graduate-level courses, and receiving personalized mentorship, students will significantly enhance their academic profiles and research skills.
The program culminates in the acquisition of advanced knowledge and skills and the creation of a publishable research paper by each student, strengthening students’ future applications to graduate programs and providing them with a solid academic portfolio. Students who excel in the OREU program will be well-equipped to stand out in the competitive graduate school environment and excel in their future careers.
OREGU integrates economic and finance theory with mathematical methods and practical applications, ensuring that students are well-prepared for success in graduate school and beyond. This is made possible by our instructors.
Our instructors and mentors hold PhD degrees in Finance, Economics, (Applied) Mathematics, and Financial Mathematics and are successful academics, researchers, and private-sector professionals, reputed for their excellence in teaching and research in finance, economics, and applied mathematics. Many of our former students have gone on to pursue research degrees at leading universities in the U.S. and internationally, and we are confident that new students will achieve similar success if they excel in the OREGU program.
Please Note
The above OREGU program at BAUM TenPers Institute differs from the Certificate in Economic Theory, Econometrics, and Mathematical Economics, which commenced in January 2025.