Sample Programs of Study

Several sample programs of study are shown on this page. These differ in the student's choice of Electives Path and length of study in the Program. These choices necessarily depend on the student's planned career path related to the Program. Please note that these are for illustration only and should not be taken as established programs of study. Courses are not always available in the desired semester.


Sample Three-Semester Programs of Study


Emphasis on Pricing and Portfolios

This sample schedule illustrates a possible specialization in the financial area related to derivative security and product structuring, risk management, investment trading and brokerages, and trading and arbitrage activities.

Fall Semester I Spring Semester Fall Semester II
Finance & Investments
Stochastic Processes in Finance I
Numerical Methods in Finance
Macroeconomics (ECON 6105)
Design & Implementation of Systems to Support CF
Fixed Income Securities
Risk Management (MGT 6090)
Derivative Securities
Statistical Techniques of Financial Data Analysis
The Practice of QCF
Stochastic Processes in Finance II
Microeconomics (ECON 6106)

Emphasis on Portfolio Management

This sample schedule illustrates a possible specialization in the financial area related to fund management, insurance, asset/liability management, and risk management.

Fall Semester I Spring Semester Fall Semester II
Finance & Investments
Stochastic Processes in Finance I
Numerical Methods in Finance
Economic Analysis for Managers(ECON 6100, MGT 6813)
Design & Implementation of Systems to Support CF
Fixed Income Securities
Risk Management (MGT 6090
Derivative Securities
Financial Optimization Models
Empirical Finance
The Practice of QCF
Stochastic Processes in Finance II
International Finance (MGT 6070)

Emphasis on Financial Modeling and Numerical Implementation

This sample schedule illustrates a possible specialization in the financial area related to model implementation and testing within a broad range of financial institutions.

Fall Semester I Spring Semester Fall Semester II
Finance & Investments
Stochastic Processes in Finance I
Numerical Methods in Finance
Statistical Techniques of Financial Data Analysis
Design & Implementation of Systems to Support CF
Fixed Income Securities
Financial Optimization Models
Derivative Securities
Empirical Finance
The Practice of QCF
Stochastic Processes in Finance II
Numerical Approximation Theory (MATH 6645)

Emphasis on Financial Modeling and Financial Information Technology Networking

This sample schedule illustrates a possible specialization in the financial area related to system and software design related to financial modeling. The emphasis could either be in management, with courses from the College of Management, or in computer systems, with courses from the College of Computing, but should build on the quantitative and computational finance elements of the Program. The particular Electives Path chosen necessarily depends on the student's background upon entering the Program.

Fall Semester I Spring Semester Fall Semester II
Finance & Investments
Stochastic Processes in Finance I
Numerical Methods in Finance
IT Elective #1 in CoM or CoC
Design & Implementation of Systems to Support CF
Fixed Income Securities
Derivative Securities
IT Elective #2 in CoM or CoC
Empirical Finance
The Practice of QCF
Stochastic Processes in Finance II
IT Elective #3 in CoM or CoC


Sample Four-Semester Program of Study

Students ordinarily complete the MS QCF program in three semesters. However, for some reason the student may wish to complete the course of study in four semesters. An example of a sample program of study within a four-semester time frame is given.

Fall Semester I Spring Semester I
Finance & Investments
Stochastic Processes in Finance I
Numerical Methods in Finance
Macroeconomics (ECON 6105)
Design & Implementation of Systems to Support CF
Fixed Income Securities
Derivative Securities
Money and Capital Markets (ECON 6200)
Fall Semester II Spring Semester II
The Practice of QCF
Stochastic Processes in Finance II
Microeconomics (ECON 6106)
Statistical Techniques of Financial Data Analysis
Financial Optimization Models
Risk Management (MGT 6090)
Cost Benefit Analysis (ECON 6150)
International Finance (MGT 6070)