The MS QCF Program
Sample Programs of Study
Several sample programs of study are now given. These differ in the student's choice of Electives Path and length of study in the Program. These student choices necessarily depend on the student's planned career path related to the Program. Information about sample jobs and firms related to different aspects of quantitative and computational finance are given on this website.
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 ?? finance to 'information technology' connection. 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) |


