MS in Computational Finance

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The Master of Science in Computational Finance is a joint degree between College of Computing and Digital Media (CDM) and the Kellstadt Graduate School of Business (KGSB).

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 class	Online
√		MAT 150 Calculus I
√		and MAT 151 Calculus II

Offered Winter
In class	Online
		MAT 160 Calculus for Mathematics and Science Majors I
√		and MAT 161 Calculus for Mathematics and Science Majors II

Offered Winter
In class	Online
		MAT 170 Calculus I with Scientific Applications
√		and MAT 171 Calculus II with Scientific Applications [prereq

AND

Offered Winter
In class	Online
√	√	CSC 261 Programming Languages I: C/C++
√	√	and CSC 262 Programming Languages II: C/C++
√	√	or CSC 309 Object-Oriented Programming in C++

AND

Offered Winter
In class	Online
√	√	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 class	Online
√	√	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

Courses from the School of CTI (5)

Offered Winter
In class	Online
		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 Languages I: C/C++
CSC 262 Programming Languages II: C/C++
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
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 [prereq

Admissions to Computational Finance Program:

Students are admitted to the MS in Computational Finance throughout the year.

Admission to this joint program is open to both students from the College of CDM and the College of Commerce. All applicants must:

Have successfully completed a bachelor's degree from an accredited four year United States institution, or its equivalent;
Have a minimum 3.2 GPA earned during the junior and senior academic years;
Submit a GMAT or a GRE score.

International students also must submit a TOEFL score.

Students who choose to apply to the business school must submit their scores on the Graduate Management Admissions Test (GMAT). Upon completion of all requirements, these students will receive their M.S. degree from the Kellstadt Graduate School of Business.

Students who chose to apply to the College of CDM must submit GMAT or GRE scores. Upon completion of all requirements, these students will receive their M.S. degree.