What math do you need for financial engineering?

Although we only require a 2-course Calculus series and a math-based Probability/Statistics course, we recommend an Advanced Calculus course, as well as a course in Linear Algebra.

Why does a career in quantitative finance appeal to you?

Quantitative analyst jobs are rewarding both intellectually and financially. Due to the challenging nature of the work and the skills required to succeed in this kind of position, quantitative analysts are generally very well compensated, especially if they work for a hedge fund.

What is the difference between quantitative finance and financial engineering?

Quant is often taken to mean “financial quant”, in which case it is similar to financial engineer. The difference is that it is possible to be a theoretical quant, or a quant in only one specialized niche in finance, while “financial engineer” usually implies a practitioner with broad expertise.

Why should I study quantitative finance?

The Master in Quantitative Finance has a technical focus. You will not only learn to apply state-of-the art methods, but also to understand their mathematical and statistical details. This knowledge prepares you to develop new methods yourself and to keep up with the fast developments in this field after graduation.

What can you do with a quantitative finance degree?

Quantitative financial analysts work in commercial banks, investment banks, wealth management firms, and hedge funds, among many others. Earning a degree in physics, engineering, computer science, or applied math will help hone one’s quant chops before entering the workforce.

How hard is it to become a quant/ Financial Engineer?

What makes it hard is the inter-disciplinary knowledge that is required. You need to understand not only finance but also mathematics, calculus, algebra, optimization (operational research), engineering elements, probability theory etc. A quant/ financial engineering career is not for everyone.

How hard is quantquantitative finance?

Quantitative Finance can be a tricky subject for many, but this course makes it seem easy. There are actually two courses with Part 1 focusing on the use of stochastic modelling to price equity, fixed income, credit and MBS derivatives.

What are the skills required to become an quantitative financial analyst?

Quantitative financial analysts should also have expertise in a statistical analysis software package, such as Matlab, R, S-Plus, or SAS. Advanced skills in Excel are also required.T