Quantitative Finance

Masterstudium

mit Zugangsbeschränkung

Letztes Update: 24.05.2019
Bereich: Finanz-, Bank- und Versicherungswesen 17
Umfang 4 Semester / 120 ECTS
Studienplätze: 60 / Jahr
Sprache:
Englisch
Abschluss: Master of Science (WU), MSc (WU)
Studientyp:
Präsenzstudium
Anwesenheit:
Vollzeit
Kosten: prinzipiell keine Studiengebühr
Website: https://www.wu.ac.at/stud...

Über das Studium:

The Master Quantitative Finance will provide you with an excellent academic and practical education to become an expert in financial methodology. It is your ideal starting point for a future career in today’s challenging and dynamic financial markets.

The well-balanced curriculum builds strong quantitative skills combined with a solid knowledge base of the underlying theory of finance. Students acquire the necessary knowledge and skills to use mathematical models to understand complex financial problems.

A special focus lies on using the software 'R', an open source implementation of the language S for data analysis and visualisation. Students benefit from the expertise of the programs' faculty, which is strongly involved in the international development community of R.

2 Tracks - specialize in Science or Industry

The Science Track prepares students for an academic career in the field of finance, while the Industry Track focuses on a career as quants (analysts) in the finance industry, combining financial models with computational skills. You can specialize in the second year of your studies and build up a strong academic networks and links to the finance industry.

#22 QS World University Ranking - QFIN a top ranked Master Program

In 2017 the Master in Quantitative Finance was ranked #22 out of 130 international finance programs according to QS World University Ranking. This achievement places our Master program among the top leaders and in front of other internationally renowned institutions like the New York University (Stern) (#23) and the University of St. Gallen (#25).

80% International Students  - a truly international program

The Master Quantitative Finance attracts students from over 25 countries around the world which gives you the chance to experience a unique educational culture. The courses of the program have an international orientation and provide all the necessary knowledge and skills to start an international career.

40% percentage of women - High percentage of women

In average, the percentage of women in the program is above 40.

90% hiring rate - an exclusive, high-quality post-graduate education

More than 90% of our graduates are hired within the first 6 month.

Fächer:

Diesen Fächern begegnest du u.a. im Studienplan:

Asset Pricing, Continuous Time Finance, Corporate Finance, Econometrics, Finance Paper Reading and Writing, Financial Econometrics, Financial Markets, Finanzierung, Informatik, Mathematik, Mikroökonomie, Optimierung, Probability, Spieltheorie, Statistik, Wissenschaftliches Schreiben

Studieninhalt

Over the course of studies, students acquire theoretical as well as practical knowledge and skills to comprehend and apply mathematical models on complex financial problems.The Master Quantitative Finance is a full-time program which takes 4 semesters.

Qualifikationsprofil:

After completing the program, graduates will be able to

  • understand and analyze complex financial problems using mathematical and statistical models;

  • use mathematical and statistical methods and computational procedures for financial decision-making;

  • make effective use of the relevant academic literature;

  • know how to handle financial market data and information systems in theory and practice;

  • work well in teams and participate actively in problem-solving processes.

Within the program, students can shape their own education by choosing either the Science Track or the Industry Track.

Graduates of the Science Track have also the knowledge and skills to

  • grasp, analyze and discuss current scientific publications in the field of finance;

  • research, write and present academic papers;

  • further deepen and broaden their specialized knowledge in a relevant PhD program.

Graduates of the Industry Track have also the knowledge and skills to

  • evaluate and analyze risks of financial instruments using current models and methods, and analyze financial time series;

  • develop and apply computational processes for solving finance-related problems;

  • translate theory into practical decision-making.

Berufsaussichten / Jobs:

Graduates of the Master Quantitative Finance are qualified to be tomorrow's experts in the increasingly complex world of finance, e.g. in:

  • asset management

  • credit and market risk management

  • treasury and trading

  • financial engineering

  • research and technical analysis

  • corporate finance

Graduates also qualify for a relevant Doctoral or PhD program. Students who want to pursue an academic career are strongly encouraged to choose the Science Track to be well qualified.

Einstiegsvoraussetzungen:

To succeed in this challenging program, we expect participants to have had extensive training at undergraduate level in the fields of linear algebra (e.g. eigenvectors and eigenvalues), analysis (including multivariable calculus and simple ODEs), and probability (e.g. conditional expectation).

In order to apply for the MSc in Quantitative Finance you have to fulfill the minimum requirements for application and to proof your aptitude for the program. In case one or more of the required proofs are missing, your application has to be rejected.

Minimum requirements for application

1. Relevant Bachelor's program:

Completion of or enrollment in a relevant Bachelor's program or other equivalent degree program at a recognized Austrian or foreign post-secondary institution. To be considered relevant, the completed program has to meet the following criteria:

  • Relevant Bachelor's program or other equivalent degree program (worth at least 180 ECTS credits). The Bachelor’s Program in Business, Economics, and Social Sciences at Vienna University of Economics and Business is considered relevant.   

  • If you apply with an equivalent degree program, examinations have to be documented in the following subjects:

    • Business administration / economics / finance, worth a minimum of 60 ECTS credits 

      OR

    • Mathematics / statistics / computing, worth a minimum of 45 ECTS credits

Please note: It is not necessary to have completed this program at the time of application, proof of completion of your first-degree program is not required until actual enrollment. Nevertheless the requirements listed above have to be documented within the uploaded documents.

2. Achievement potential 
(please find some examples how to show your achievement potential below):

  • Valid GMAT or Graduate Record Examinations (GRE)

  • A Statement of Purpose (strongly recommended!)

  • Letters of recommendation written by a course teacher, an advisor or supervisor of an academic thesis, or the educational institution at which the course or courses were attended or the academic thesis was written, detailing your achievement potential

3. Sufficient proficiency in English:

  • English as native language

  • Full Bachelor's program done in English (at least three years, university confirmation required)

  • Full Master's program done in English (at least two years, university confirmation required)

  • One of the following certificates: valid TOEFL 100, valid IELTS 7.0, valid TOEIC 800, Cambridge English: CAE, CPE or BEC Higher, UNIcert III

  • A certificate from a university language department confirming the applicant has achieved level C1 according to the Common European Framework of Reference for Languages
    The certificate has to proof that you took one or more tests to assess your reading, writing, listening and speaking skills. These skills should correspond to level C1 or higher according to the CEFR. 
    Course transcripts or confirmations about your overall language skills or certain language courses will NOT be accepted as proof of your language skills. If you are not sure whether your language certificate fulfils these criteria, please submit one of the standardized tests mentioned above.

  • Graduates of WU’s Bachelor´s program in Business Law and Bachelor´s program in Business, Economics and Social Sciences already fulfill this requirement.

4. Further skills and knowledge

  • Skills and knowledge in business administration / economics / finance

  • Skills and knowledge in mathematics / statistics


Hol dir unseren Academic Informer:

Mit dem Studium.at Newsletter verpasst du nichts mehr: Hochschul-& Wissenschafts-News, Jobs, Events und Sonderangebote für Studierende. Jederzeit abbestellen.


tutor18

Studium.at Logo

© 2010-2019  Hörsaal Advertainment GmbH

Kontakt - Werbung & Mediadaten - Datenschutz - Impressum

Studium.at versichert, sämtliche Inhalte nach bestem Wissen und Gewissen recherchiert und aufbereitet zu haben.
Für etwaige Fehlinformationen übernimmt Studium.at jedenfalls keine Haftung.