Masters in Quantitative Finance

Class Profile

Class Size

21

Average Age

20

Average Work Experience

1 Years

Diversity

Others:

1%

Hispanic or Latino:

13%

Black or African American:

11%

Two or more races:

2%

Asian:

27%

White:

47%

Career Outcomes

Median Earnings After Graduation

$61,000 / year

Top recruiters

Microsoft

TekSystems

Best Buy

Leidos

National Aquarium

KBR

Fees and Funding

Tuition Fees

$50,760 / year

Overall Cost

$65,160 / year

Funding Options

FAQs

• What are the admissions requirements for the Master of Quantitative Finance program?
  

  The admissions requirements for the Master of Quantitative Finance program at the University of Maryland are designed to ensure that candidates are adequately prepared for the challenges of graduate study. Applicants must submit the following:

  1. A completed application form.
  2. A non-refundable application fee of $75.
  3. Official transcripts from previous academic institutions.
  4. A statement of purpose outlining the applicant's motivations and goals.
  5. A current resume detailing relevant experience.
  6. Proof of English language proficiency, demonstrated through IELTS, PTE, or TOEFL scores.
  7. Letters of recommendation that attest to the applicant's qualifications.

  Additionally, specific prerequisites include a relevant undergraduate degree and foundational knowledge in mathematics and statistics, ensuring students are equipped to thrive in the program.

• What does the program structure look like for the Master of Quantitative Finance?
  

  The Master of Quantitative Finance program spans 18 months and is designed to provide a comprehensive educational experience. The structure includes:

  • Core Courses: Essential topics such as Financial Econometrics, Risk Management, and Statistical Methods for Finance.
  • Electives: Opportunities to tailor the learning experience with courses like Machine Learning in Finance and Investment Strategies.
  • Hands-On Experience: Engagement in collaborative projects and case studies that foster practical understanding and enhance analytical skills.

  This blend of rigorous coursework and practical experiences prepares students to effectively tackle real-world financial challenges.

• What career prospects can graduates expect after completing this program?
  

  Graduates of the Master of Quantitative Finance program are well-prepared for a variety of roles within the finance sector. Career outcomes are promising and include positions such as:

  • Statisticians
  • Data Engineers
  • Business Analysts

  With strong ties to leading financial institutions, the program facilitates networking opportunities and job placements, leading to successful career trajectories. The average base salary for graduates is an impressive $123,000, reflecting the program's commitment to preparing students for lucrative and fulfilling careers. Alumni often secure prestigious positions at Fortune 500 companies and top financial firms globally.

• How does the faculty contribute to the learning experience in this program?
  

  The faculty members in the Master of Quantitative Finance program are distinguished experts in the field, bringing diverse backgrounds from academia and industry. Their contributions include:

  • Expertise: Faculty members provide mentorship and are well-versed in quantitative finance, enhancing the educational experience.
  • Dynamic Teaching Methodology: Teaching methods emphasize real-world applications, interactive learning, and engagement in research.
  • Research Opportunities: Many faculty maintain active research agendas, allowing students to participate in groundbreaking projects, which significantly enhances their resumes and professional experiences.

  This supportive learning environment encourages critical thinking and innovation among students.

• What unique aspects does the University of Maryland offer for this program?
  

  The University of Maryland offers several unique aspects that enhance the Master of Quantitative Finance program, including:

  • Comprehensive Curriculum: A blend of theory and practical application ensures graduates are workforce-ready.
  • Renowned Faculty: Access to faculty members who are experts in their fields, providing mentorship and research opportunities.
  • State-of-the-Art Facilities: High-tech laboratories and access to financial databases enhance student learning and research capabilities.
  • Strong Industry Connections: Established links with the industry facilitate internships and job placements, paving the way for successful career trajectories.
  • Diverse Learning Environment: A vibrant community of international students fosters networking and collaboration.

• What teaching methods are employed in the Master of Quantitative Finance program?
  

  The teaching methods utilized in the Master of Quantitative Finance program focus on providing a dynamic and engaging learning experience. These methods include:

  • Real-World Applications: Emphasis on applying theoretical knowledge to practical scenarios in finance.
  • Interactive Learning: Encouragement of student participation and collaboration during classes.
  • Research Engagement: Opportunities for students to engage in faculty-led research initiatives, enhancing their learning experience.

  This approach aims to foster critical thinking, innovation, and a practical understanding of finance.

• How does the program prepare students for the complexities of the financial world?
  

  The Master of Quantitative Finance program prepares students for the complexities of the financial world through a comprehensive and immersive educational experience that includes:

  • Theoretical and Practical Knowledge: The curriculum integrates essential finance topics with advanced quantitative research methods.
  • Hands-On Experience: Students engage in collaborative projects and case studies, developing practical skills necessary for real-world challenges.
  • Access to Resources: State-of-the-art facilities and financial databases enable in-depth research and learning opportunities.
  • Industry Connections: Strong ties with financial institutions provide networking opportunities and exposure to industry practices.

  This multifaceted approach equips students with the skills and confidence to excel in various finance-related careers.

• What financial resources are available to students in this program?
  

  The University of Maryland, College Park provides a wealth of resources designed to support student learning and research in the Master of Quantitative Finance program. These resources include:

  • State-of-the-Art Facilities: Access to high-tech laboratories and financial databases for in-depth research.
  • Research Opportunities: Collaboration on faculty-led research initiatives that provide insights into advanced quantitative techniques.
  • Internship Possibilities: Connections with the industry that open doors to practical experiences, enhancing students' resumes.

  These resources ensure that students have the necessary tools to thrive in their studies and prepare for their future careers.