Academic Integrity Statement and Policy

The policy described here applies to all students, faculty, Fellows, Teaching Assistants, and administrators involved in the Mathematics in Finance program. All must make a serious commitment to academic integrity. It is a shared responsibility. The consequences of cheating are serious for the cheater and for the program as a whole.

Given the nature of the finance industry and its interview based hiring process, learning is far more important than getting a top grade. Even cheating that goes undetected is unlikely to benefit the cheater.

  • Faculty must regulate assignments and exams so that students can reasonably expect to perform well without cheating. They must announce and enforce homework collaboration policies. In particular, they must announce policies concerning use of outside resources, common write-ups, and code sharing.
  • Teaching Assistants and graders must be alert for signs of collaboration or code sharing that violates the announced policies for the class.
  • Students should report cheating incidents they observe to the program administrator or to faculty members. They should report situations that encourage cheating, such as extreme workloads, graders or instructors who tolerate or do not detect obvious cheating, or improperly supervised exams.
  • During an exam, students may not communicate in any way, nor use any materials or technology not explicitly permitted by the instructor, other than pens and pencils. One student may not look at another student's test.
  • A student caught cheating on an assignment may have his or her grade for the class reduced by one letter for a first offense and the grade reduced to F for a second offense. Cheating on an exam will result in an F for the class. Repeated offenses or offenses in multiple classes may result in more serious penalties including expulsion from the program.
  • All disciplinary actions will be taken in accordance with the policies of the NYU Graduate School of Arts and Science. The instructor must notify the student and the program leadership within two days of discovering the infraction. Designated people from the program leadership will meet as soon as is practical with the student to discuss the incident and decide a penalty. They will inform (1) the Vice Dean of the Graduate School of their decision, and (2) the student of his or her right to appeal as explained in the Graduate School policy document.