Georgia Institute of Technology - Master of Science in Quantitative and Computational Finance

Masters Degree
Published

January 21, 2024

Home | Master of Science in Quantitative and Computational Finance | MS-QCF Program

Key takeaways

  • 1.5 or 2 year program
  • tuition fee about $20,000
  • opportunity for dual degree - MS in computational science & engineering
  • not much quantitatively rigorous course works

Program

Spring

Fast track -ideal for candidates with several years of directly relevant professional experience for whom an internship would not be necessary to be competitive for full-time employment

  1. Completed in 1 year
  2. No internship - take electives in the summer

Traditional/Extended track - ideal for candidates who plan to intern

  1. Completed in 1.5 or 2 years
  2. Internship is completed in 1st or 2nd summer*

Deadline: September, October

Fall

Traditional track -ideal for all students

  1. Completed in 1.5 years
  2. Internship in summer

Deadline: October, December, March

Fees

Georgia Resident Tuition: $8,793

Non-Georgia Resident Tuition $19,323

Mandatory Student Fees: $753

Prerequisites/Requirements

Quantitative aptitude

  • Calculus I, II, & III
  • Linear Algebra
  • Probability & Statistics
  • Differential Equations

Programming experience

  • Python, R, C++, SAS, or other relevant languages

Statement of Purpose

no more than 1 page

Tell us why you want to study in this program, why you think you would make a competitive candidate, and how you think this program will set you up to achieve your future academic/professional goals.

Short-answer questions

maximum two paragraphs

As part of the application, you will be asked to provide the following:

  1. What makes you a unique candidate for the program compared to other applicants?
  2. Describe in detail your programming experience and technical skills.
  3. Is there anything you’d like to address or highlight about your candidacy that you haven’t been able to address elsewhere?

GRE/GMAT

An official GRE or GMAT score is required.

Institute Code 5248 (GRE and TOEFL)

Institute Code HWK-54-37 (GMAT)

Please note that it may take up to 3 weeks for us to receive your official scores, so please plan accordingly.

Letters of recommendation

3 recommenders

Academic and professional references are acceptable.

Application fee

$105

Interview

Interviews will be behavioral interview, be prepared to go over your resume, any projects, and academic history.

Curriculum

The MS in Quantitative and Computational Finance Program and the MS in Computational Science & Engineering Program have entered into a Shared Credit Agreement reducing the number of courses required to earn both degrees from 22 to 18 classes.

QCF Core Curriculum (18 Credit Hours)

  • Finance and Investments
  • Stochastic Processes in Finance I
  • Design and Implementation of Systems in Computational Finance
  • Derivative Securities
  • Fixed Income Securities
  • Numerical Methods in Finance

QCF Capstone Course (3 Credit Hours)

The class is a project-based seminar involving student presentations of papers, methodologies, implementation and results.

QCF Targeted Electives (6 Credit Hours)

  • Management of Financial Institutions
  • Financial Optimization
  • Data Mining & Statistical Learning

QCF Free Electives (9 Credit Hours)

These free electives may be comprised of graduate courses from any of our prestigious Colleges here at Georgia Tech, as long as they are relevant to the degree. Frequently, students will choose free electives in topics such as machine learning, big data in analytics, time series or regression analysis, corporate restructuring, etc.

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