May 17, 2011 | Ken, online education news | Leave a comment Yale University is now offering students an opportunity to earn degree credits online during its summer session. The three courses being offered are HUMS S-212E: Brains of Genius: Mozart and Friends; ECON S-253E: Computational Finance; and PLSC S-394E: Introduction to Middle East Politics. The courses are intended for students who can’t travel to New Haven for Yale’s residential program, according to the university’s Summer Session website. This is the first time the Ivy League school has provided such an opportunity. The three courses will meet during scheduled times and are not exclusively self-study. Yale faculty members will teach all three courses, and tuition for each of course is $3,000. HUMS S-212E: Brains of Genius: Mozart and Friends This course will examine the changing meaning of the term “genius” from ancient Greece to the present. The nature of genius will be explored through the lives and working methods of exceptional individuals, including Mozart, da Vinci, Newton, Picasso, and Joyce. Topics such as nature vs. nurture, prodigy, concentration, memory, and exceptional processing skills will be analyzed to define and establish markers for genius. Recent developments in neurobiology that may clarify why some individuals possess extraordinary mental and artistic abilities will also be explored. The course will be taught simultaneously in-residence and online. The online section will view all the same lectures and engage with the professor and teaching assistant online. The section will be capped at 25 students. This course runs from May 30 through July 1. Click here for application information on the course. ECON S-253E: Computational Finance This is an advanced undergraduate course in asset pricing. The course will examine the binomial pricing model that allows us to introduce in a discrete time setting all of the fundamental concepts used in the continuous time-theory of asset valuation and hedging of riskâ€”including martingales, risk-neutral pricing and the stochastic calculusâ€”that are the basis for the Black-Scholes option pricing formula. This course is taught online only and will be capped at 25 students. There is a final examination requirement. Students who live within 300 miles (500 kms.) of Yale will be required to attend the final examination on August 5 in New Haven in person. If they do not live within 300 miles of New Haven, then they will asked to find a person who can proctor their examination at a local university. This course runs from July 4 through August 5. Click here for application information on the course. PLSC S-394E: Introduction to Middle East Politics This course will provide an overview of politics in the Middle East and North Africa. It will explore state formation, the roles of religion and oil in politics, political institutions, economic development, and the prospects for economic and political reform. This course is taught online only and will be capped at 25 students. The course runs from July 4 through August 5. Click here for application information on the course. About Yale University Yale University was established in 1701 and is located in New Haven, Connecticut. It is the third oldest institution of higher education in the United States and is considered one of the most prestigious universities in the world. The university comprises three major academic components: Yale College (the undergraduate program), the Graduate School of Arts and Sciences, and the professional schools. In addition, Yale encompasses a wide array of centers and programs, libraries, museums, and administrative support offices. Approximately 11,250 students attend the university.