MS in Computational Finance
Master of Science
Computational Finance
The
Master of Science in Computational Finance is a joint degree between the College of Computing and Digital Media (CDM) and the
Kellstadt Graduate School of Business (KGSB).
The objective of this 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. Learn more about admission to this program.
Online Learning Options
Some courses in this degree are available for review and playback via the CDM
Course Online playback system (COL) . If a course is COL-enabled, any student registered in the course has access to the course playback. Students are strongly encouraged to utilize the COL resource wherever available. Some courses are offered online. To complete this degree students may take any combination of courses offered online and on campus. For more information on online learning at CDM visit the
Online Learning page. Information on online delivery of Kellstadt courses can be found on the
Kellstadt Online Learning page.
Course Requirements
Prerequisite Phase
The goal of the prerequisite phase is to give students the background necessary for starting the graduate program. These prerequisite phase requirements can be fulfilled in one of three ways:
- The student takes the course and earns a grade of B- or higher
- The student takes a Graduate Assessment Exam (GAE) to test out of the course
- The faculty advisor waives the course because of equivalent academic background or work experience.
All students are blocked from enrolling in Graduate Phase courses prior to completing their prerequisites. Students must submit an online Change of Status request (through myCDM) when the Prerequisite Phase is completed to inform the Student Services offices that the block can be removed.
| MAT 150 and MAT 151 |
| or MAT 160 and MAT 161 |
| or MAT 170 and MAT 171 |
| CSC 261and CSC 262 |
| or CSC 309 |
| CSC 202 |
| orCSC 321 |
CDM Foundation Courses
| CSC 423 |
| CSC 425 |
| CSC 431 |
| or CSC 485 |
| CSC 521 |
Kellstadt Foundation Courses
| ACC 500 |
| ECO 555 |
| FIN 555 |
| FIN 523 |
| FIN 525 |
| FIN 562 |
| FIN 662 |
Advanced Phase
| CSC 696 |
| or CSC 697 |
| or CSC 559 |
Major electives
Students must take
1 graduate CDM 500-Level course.
Degree Requirements
Students in this degree program must meet the following requirements:
- complete a minimum of 52 credit hours (generally 13 courses) beyond the Prerequisite Phase
- earn a grade of B- or better in each Prerequisite Phase course
- earn a grade of C- or better in all graduate courses beyond the Prerequisite Phase
- maintain a graduate level GPA of 2.50 or higher while pursuing their degree
- achieve a graduate GPA of 2.50 or higher at the completion of all other requirements
Students with a GPA of 3.9 or higher will graduate with distinction.
For DePaul's policy on repeat graduate courses and a complete list of academic policies see the DePaul Graduate Handbook in the Course Catalog.