Computational Finance, M.Sc. | Rochester Institute of Technology | Rochester, United States
12 months
Duration
54176 USD/year
54176 USD/year
Unknown
Tuition fee
Anytime
Unknown
Apply date
Unknown
Start date

About

The Computational Finance program of Rochester Institute of Technology produces quantitative analysts who design and implement financial models used by banks and investment companies to generate profits and reduce risk.

Overview

The Computational Finance program of Rochester Institute of Technology helps students expand your skills into fields that are in great demand and feature high salaries. The program is designed for students interested in computational or quantitative finance careers in banking, finance, and a growing number of industries.

The MS in computational finance is designed for students interested in computational or quantitative finance careers in banking, finance, and a growing number of additional industries. Professionals in these fields use their strengths in business, modeling, and data analysis to understand and use complex financial models.

The program addresses a vital and growing career field, reaching beyond banking and finance. Typical job titles include risk analyst, research associate, quantitative analyst, quantitative structured credit analyst, credit risk analyst, quantitative investment analyst, quantitative strategist, data analyst, senior data analyst, fixed income quantitative analyst, and financial engineer.

Computational finance is an excellent career option for technically-oriented professionals in the fields of business, math, engineering, economics, statistics, and computer science. Programming knowledge is highly preferred.

Plan of study

The curriculum offers integration of finance, mathematics, and computing. The required mathematics courses have substantial financial content and the experiential computational finance course, which students take during the summer, makes use of skills learned in mathematics, analytics, and finance courses are taken up to that point. The program is a full-time, 12- to 17-month curriculum beginning in the fall or spring. The program ends with a required non-credit comprehensive exam based on the courses completed by the student.

Programme Structure

Courses include:

  • Accounting for Decision Makers
  • Survey of Finance
  • Equity Analysis
  • Debt Analysis
  • Advanced Derivatives
  • Computational Finance Exam Preparatory

Key information

Duration

  • Full-time
    • 12 months

Start dates & application deadlines

Credits

36 SCH

Delivered

On Campus

Academic requirements

GPA admission requirements GPA
3
GRE admission requirements GRE®
Required
GMAT admission requirements GMAT
Required

Other requirements

General requirements

  • Submit copies of official transcript(s) (in English) of all previously completed undergraduate and graduate course work, including any transfer credit earned.
  • Hold a baccalaureate degree (or US equivalent) from an accredited university or college.
  • Recommended minimum cumulative GPA of 3.0 (or equivalent).
  • Submit a current resume or curriculum vitae.
  • Letters of recommendation are optional.
  • Students are required to complete online preparatory coursework in R and Python prior to joining the MS in computational finance program. The coursework does not need to be completed prior to applying, and will take roughly 3-4 weeks to complete.

Tuition Fee

To alway see correct tuition fees
  • International

    54176 USD/year
    Tuition Fee
    Based on the tuition of 54176 USD per year during 12 months.
  • National

    54176 USD/year
    Tuition Fee
    Based on the tuition of 54176 USD per year during 12 months.

Living costs for Rochester

925 - 1350 USD /month
Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Financing

Interested in financing your studies? Find a student loan that works for you.

Financing partner MPOWER Financing Student Loans between $2,001 - $100,000
Financing partner Prodigy Finance Loans for tuition and living costs from $15,000

Funding

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

Our partners

Computational Finance
-
Rochester Institute of Technology
Computational Finance
-
Rochester Institute of Technology

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