QS Rank:
115
University of Waterloo
Ontario
,Canada
Program Name
Master's in Finance
Deadline
January 15th, 2025
Overview
View Official pageBased in the Department of Statistics and Actuarial Science, this program is built upon the Finance program established in 1995 by founding director, renowned researcher Phelim P. Boyle.
The Master of Quantitative Finance (MQF) program focuses on the fundamental disciplines of mathematics, statistics, econometrics, machine learning, computer science and finance. It provides the analytical tools to solve practical problems in the complex and rapidly evolving world of today's financial industry.
Graduates from the Master of Quantitative Finance are equipped for positions with financial institutions, corporations and government regulatory organizations.
Careers include:
- Financial Engineers in model vetting and risk compliance
- Analysts in portfolio credit risk, market risk, investment banking and auditing
- Asset Managers and Portfolio Managers
- a range of positions requiring advanced skills in quantitative finance
Total Tuition Fees
$37,840
Duration
16 Months
Ranking
#115
QS World University Rankings
Intake
Fall ( Sept - Nov )
Class Profile
Class Size
18
Average Age
25
Average Work Experience
2 Years
Diversity
Others:
10%Quebec:
15%Ontario:
45%British Columbia:
10%Alberta:
5%Manitoba:
3%Saskatchewan:
2%Career Outcomes
As you work towards your degree, there are many things you need to consider – courses, thesis requirements, convocation deadlines and other dates. This section of the site includes all of the information you need to know to graduate.
Your peers and your professors are looking at new areas and ideas all the time. Keep up with what’s going on by attending research seminars. Your department or school, your faculty and the university are involved in many interesting projects and events. Want to know more about opportunities to connect with others on campus or in the city? Thinking about increasing your physical activity?
Master of Quantitative Finance (MQF) students have access to various resources specifically focused on their needs on the Waterloo LEARN website. Once enrolled in the program you will have access to the MQF section.
For more information click here
Job Placement
100%
Prospective Job Roles
IT Risk Analyst
Credit Risk Analyst
Market Risk Analyst
Financial Analyst
Real Estate Financial Analyst
Risk Analyst
Quantitative Risk Analyst
Financial Risk Analyst
Chartered Financial Analyst (CFA)
Certified Financial Analyst (CFA)
Top recruiters
Eligibility Criteria
English Proficiency Tests
IELTS
7.5
TOEFL
100
PTE
68
Application Requirements
Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.
Application Fee: 125
Transcript
GRE
GMAT
TOEFL
IELTS
PTE
Academic LOR
Academic LOR
Interview
Curriculum Vitae
Application Deadlines
Standard Deadline | Final Deadline | |
---|---|---|
Fall | Dec 15, 2024 | Jan 15, 2025 |
Fees and Funding
Tuition Fees
$37,840 / year
Overall Cost
$67,840 / year
Funding Options
Department Funding
The Master of Quantitative Finance (MQF) program research paper option has three academic terms (full time) and one term for an internship. Students begin the program in September and complete the program in December of the following year. The regular schedule is 16 months long.
The thesis option normally requires three to five academic terms to complete. The time required depends upon the research progress of the individual student.
Scholarships
The program does not provide financial support to students.
Other potential sources of financial support available to graduate students are:
- Natural Sciences and Engineering Research Council of Canada (NSERC) postgraduate scholarships
- Limited research assistantships on an ad hoc basis.
- Domestic, thesis students may be eligible for the Math Domestic Graduate Student Award (Math DGSA)
- Ontario Student Assistance Program (OSAP)
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