Quantitative Finance Track
Use complex mathematical models and large datasets to analyze financial markets and securities.
Prepare for a variety of finance careers, such as managing foreign-exchange risk for a multinational corporation, designing complex corporate securities at an investment banking firm or managing interest rate risk using derivatives at a major commercial bank.
- Focus on equity, bond and derivative markets in a curriculum built on advanced mathematics, finance and statistics
- Understand the rapidly changing forward, futures, options and swaps (and other related derivative types) with an emphasis on asset pricing models of complex financial instruments using both classical economic theory and advanced mathematical techniques
- Learn sophisticated financial approaches, including investment strategies across asset classes, optimal portfolio construction based on investor type, and risk measurement and management
- Hone your skills in such topics as traditional CFA-relevant finance principles, quantitative methods, complex financial instruments and mathematical modeling using stochastic calculus
Curriculum
Review course descriptions in the Graduate Catalog.
STEM Eligible
The MS Finance is a STEM (science, technology, engineering and mathematics) curriculum with 36 credits typically completed in three semesters. Some students extend to a fourth semester, and UB undergraduates may be able to complete the program in two semesters. All majors are welcome to apply; however, business, math, economics and engineering majors are ideally suited to the program.