录取要求

Each candidate for the QCF program must have a strong undergraduate quantitative academic history. Through transcripts, applicants must demonstrate a working knowledge of: calculus, including differential and integral calculus of one variable and multivariate calculus, fundamentals of linear algebra and linear systems of equations, differential equations, and probability and statistics. We also prefer that candidates have a working knowledge of a programming language, such as C, C++, R, SAS, etc.

申请材料清单

Test of English as a Foreign Language (TOEFL)
All international candidates must submit a valid TOEFL score to be considered for admission to the program unless one of the following applies:

• You are a US citizen or permanent resident
• You are from a country in which English is the native official language *
• You have completed at least one year of higher education in country in the US or country in which English is the native official language*

* Countries where English is the sole official language include Australia, Bahamas, Barbados, Canada (except Quebec), England, Ghana, Ireland, Jamaica, Kenya, New Zealand, Nigeria, Scotland, St. Vincent and the Grenadines, Singapore, Trinidad, Tobago, Uganda, and Wales.

TOEFL scores are considered valid if submitted within two years of the date in which the test was initially taken. The Institute code for the TOEFL is 5248. We do not accept the IELTS in substitution for the TOEFL.

All international candidates for which the TOEFL is not exempt must achieve a score of 95 or above to be considered for admission. For more information on scheduling a TOEFL exam, please visit the official ETS TOEFL page.

Transcripts
As a pre-requisite, all candidates for the QCF program must hold a US or US equivalent (four-year) bachelor's degree. If you hold a three-year bachelor's degree, please email with details of where the degree was attained and in what discipline, and we will refer to our Graduate Studies Office for approval.

Our Graduate Studies office will do its own evaluation of transcripts and will not accept private evaluations. You may self-report your GPA or have it converted through World Education Services (WES). If admitted, our Graduate Studies Office will verify the GPA.

The following documents must be submitted at the time of application:
• Native Language Transcripts
• English Translation of the Native Language Transcript
• Native Language Degree Documents (if you have graduated)
• English Translation of the Native Language Degree Documents (if you have graduated)

Unofficial copies of these documents may be uploaded to the online application. Please note that you will have to send official copies to our Graduate Admissions Office if admitted to the program.

专业介绍

Quantitative and Computational Finance (QCF) is a field with enormous impact, excellent employment opportunities, and tremendous growth. This field forms an ever-expanding part of the financial sector.

Today, the principles of finance are being combined with advanced mathematical structures to form useful financial products, strategies, and models that are tested and implemented with the use of advanced quantitative techniques. Use of computer technology is pervasive throughout the entire process. These financial products, strategies and models are an integral part of the overall financial activity in several areas: 

Financial instrument development and usage: Corporations and financial institutions use an expanding variety of standard and complex financial instruments to structure their transactions in ways that manage risk and ensure performance, to increase their total and net earnings, and to generate capital for growth and development.
Investment: Fund managers and investment analysts use sophisticated strategies and techniques to ensure desired income streams and to increase returns.
Risk analysis: Financial institutions seek to manage risks associated with extreme events, defaults, liquidity constraints, and operational factors.
Quantitative and computational finance is an area referred to under a variety of names including computational finance, financial engineering, mathematical finance, and financial mathematics. But in all cases, there is an effort that involves financial, mathematical, quantitative, and computational thinking to build, test, and implement models that are at the center of these financial activities.

课程设置

• Finance and Investments
• Stochastic Processes in Finance I
• Design and Implementation of Systems in Computational Finance
• Derivative Securities
• Fixed Income Securities
• Numerical Methods in Finance
• Management of Financial Institutions
• Financial Optimization
• Financial Data Analysis