CDM Home > Academics > MS in Computational Finance
School of ComputingSchool of Cinema and Interactive MediaInstitute for Professional Development

MS in Computational Finance

MS in Computational Finance 2008

The objective of the Master of Science in Computational Finance program is to offer students the opportunity to acquire both the ability to understand existing financial models in a quantitative and mathematical way, and the ability to implement these models in the form of computer programs. This program differs from a regular MS in Finance because of a stronger mathematical component and the addition of an intensive computational component.

The program aims to produce graduates with the required qualifications to become "quantitative financial analysts". The Computational Finance graduates will be able to apply these quantitative tools to solve complex problems in the areas of portfolio management, risk management, and financial engineering.

Please note: Students who choose to apply to the MS in Computational Finance program must submit GMAT or GRE scores.

Find out more at the Computational Finance Web Page


Grade and GPA Requirements


Grades: Students must received a grade of B- or better in each prerequisite course and a C- or better in all other courses.

GPA: Students must maintain a graduate level GPA of 2.50 or higher while pursuing their degree. Students will not be approved for graduation with less than a 2.50 GPA. Students with a 3.75 or higher will graduate with distinction.


Program Requirements 2008


To view Graduate Program Requirements for previous years click here.
M.S. in Computational Finance
Master of Science in Computational Finance 2008

Prerequisite Courses (5)

Choose a two-course calculus sequence:
Offered Winter 
In classOnline 
√        MAT 150 Calculus I   
√        and  MAT 151 Calculus II   
 
OR
Offered Winter 
In classOnline 
         MAT 160 Calculus for Mathematics and Science Majors I   
√        and  MAT 161 Calculus for Mathematics and Science Majors II   
 
OR
Offered Winter 
In classOnline 
         MAT 170 Calculus I with Scientific Applications   
√        and  MAT 171 Calculus II with Scientific Applications   
 
AND
Offered Winter 
In classOnline 
√ √      CSC 261 Programming in C++ I   
√ √      and  CSC 262 Programming in C++ II   
√ √      or  CSC 309 Object-Oriented Programming in C++   
 
AND
Offered Winter 
In classOnline 
√ √      CSC 202 Discrete Structures for Computer Science   
√ √      or  CSC 321 Design and Analysis of Algorithms   
 
AND GRE or GMAT

Required Courses (13)

Courses from the Kellstadt Graduate School of Business (7)
Offered Winter 
In classOnline 
√ √      ACC 500 Financial Accounting   
√        ECO 555 Economics for Decision-Making   
√        FIN 555 Financial Management   
√        FIN 523 Investment Analysis   
√        FIN 525 Portfolio Management   
√        FIN 562 Derivatives : Pricing and Risk Management   
√        FIN 662 Advanced Derivatives: Pricing and Applications Fin 555 and Fin 562 and Gsb 420   
 
Courses from the School of CTI (5)
Offered Winter 
In classOnline 
         CSC 423 Data Analysis and Regression   
√ √      CSC 425 Time Series Analysis and Forecasting   
√ √      CSC 431 Scientific Computing   
         or  CSC 485 Numerical Analysis   
         CSC 521 Monte Carlo Algorithms   
         CSC 696 Master's Research   
         or  CSC 697 Graduate Internship   
         or  CSC 559 Software Engineering for Financial Markets   
 
Electives (1) - One elective chosen from any 500 level course in the School of CTI.
All courses in degree
 
  • ACC 500 Financial Accounting
  • CSC 202 Discrete Structures for Computer Science
  • CSC 261 Programming in C++ I
  • CSC 262 Programming in C++ II
  • CSC 309 Object-Oriented Programming in C++
  • CSC 321 Design and Analysis of Algorithms
  • CSC 423 Data Analysis and Regression
  • CSC 425 Time Series Analysis and Forecasting
  • CSC 431 Scientific Computing
  • CSC 485 Numerical Analysis
  • CSC 521 Monte Carlo Algorithms
  • CSC 559 Software Engineering for Financial Markets
  • CSC 696 Master's Research
  • CSC 697 Graduate Internship
  • ECO 555 Economics for Decision-Making
  • FIN 523 Investment Analysis
  • FIN 525 Portfolio Management
  • FIN 555 Financial Management
  • FIN 562 Derivatives : Pricing and Risk Management
  • FIN 662 Advanced Derivatives: Pricing and Applications Fin 555 and Fin 562 and Gsb 420
  • MAT 150 Calculus I
  • MAT 151 Calculus II
  • MAT 160 Calculus for Mathematics and Science Majors I
  • MAT 161 Calculus for Mathematics and Science Majors II
  • MAT 170 Calculus I with Scientific Applications
  • MAT 171 Calculus II with Scientific Applications
 
DePaul University's College of Computing and Digital Media
243 S. Wabash Ave, Chicago IL. 60604 | (312) 362-8381
| Admission | Advising | General