Master of Science Computational Finance

This degree is offered by the College of Computing and Digital Media with some course work taken from the Kellstadt Graduate School of Business. The program addresses a need in the financial industry for people with exceptional programming skills who can also efficiently and effectively communicate financial concepts using adequate business language. The curriculum offers a unique emphasis on numerical algorithms and analytical techniques applied specifically to risk analysis, time series analysis, and derivative pricing.

Our faculty members from CDM and KGSB bring to the classroom a unique blend of industry expertise and academic excellence. Because of their professional experience, they bring real-world pragmatism to their courses. At the same time, they encourage creativity and the free exchange of ideas, give students immediate and ongoing feedback on their progress, and provide the one-on-one mentoring so important to a student’s professional development.

We are no longer accepting applications for this program. Students interested in Computational Finance are encouraged to apply to our Computer Science or Data Science programs.

93% of reporting 2017 School of Computing master’s graduates were employed, continuing education, or not seeking employment within six months of graduation

Chicago/Real World Experience

Chicago is, as describes it, “one of the world’s top global financial centers.” As a DePaul student, you’ll be learning in the heart of it. Make connections, build relationships, and practice your risk analysis skills with financial heavyweights.

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Interdisciplinary Curriculum

This program combines up to ten courses from CDM with seven courses from KGSB (the same courses are required for an MBA in finance). Students will learn how to implement financial concepts into computer programs, model data, simulate financial systems, price different kinds of derivative securities, and build a trading engine. These concepts are very important in today’s economy.

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Online Learning

All CDM courses and several KGSB courses for this degree can be completed entirely online. One hundred percent of the CDM course lectures—from audio and video to whiteboard writing and supplemental materials—are captured and available online.

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Alumni Network

Graduates have access to CDM’s extensive alumni network that includes experts at Fortune 500 companies across Chicago. Make connections at networking events and study in a city teeming with industry opportunities.