Master of Quantitative Finance
A masters degree in quantitative or mathematical finance concerns the application of mathematical methods to the solution of problems in finance [1]. There are several “like-titled degrees”[2] which may further focus on financial engineering, financial risk management, computational finance and /or mathematical finance. In general, these degrees aim to produce quantitative analysts (“quants”), specialized in the analysis, structuring, pricing, and trading of financial instruments – with a particular emphasis on derivatives and fixed income – and the hedging and management of the resultant financial and credit risk. Formal training in quantitative finance has existed only for the last 20 years [3]. The curriculum is intended to build quantitative skills as well as knowledge of the underlying theory of finance.
