Computational Finance Minor

In the finance industry, there is a great demand for advanced quantitative computational finance competencies. Mathematical models, statistical methods, and computational techniques are becoming increasingly important as tools for quantitative analysis and risk management, as well as models and strategies for implementation.

The Computational Finance minor is designed to provide University of Washington undergraduate students with a rigorous applied mathematical foundation and solid understanding of how mathematical models, as well as statistical and computational methods, are used in financial applications such as portfolio optimization, derivatives pricing, and risk management.

The Computational Finance minor is also useful for those preparing for graduate school in Mathematical/Computational Finance or Financial Engineering, since mathematical models and computational methods are heavily used in such graduate programs.

Computational Finance Minor Requirements

Total required credits: 29 – 30

  1. Core Courses (15 credits):
    1. CFRM 405
    2. CFRM 410
    3. CFRM 415
    4. CFRM 420*
    5. CFRM 425
  2. Additional Requirements (14-15 credits):
    1. MATH 125, or MATH 135, or equivalent
    2. MATH 126, or MATH 136, or equivalent
    3. STAT 311 or STAT 390
  3. Minimum 2.0 cumulative GPA for courses applied to the minor.

*Substitution allowed: ECON 424 for CFRM 420 (resulting in additional two credits earned).

Please see your undergraduate advisor to enroll in the Computational Finance minor; there is no department admissions requirement or application process required. Additional information regarding undergraduate minors at the University of Washington can be found here. CFRM courses taken cannot apply to both the Computational Finance minor and the Applied Mathematics minor.

Please contact us or email with any questions.