The Master of Science in Computational Finance and Risk Management (MS-CFRM) addresses the demand in the financial services profession for advanced quantitative and computational finance skills, and next generation risk management competencies.
For students and current professionals with strong mathematical and quantitative skills, the MS-CFRM degree program provides exciting new opportunities for advancement in a new or current career pathway in the numerous fields in finance.
What the program covers
- Rigorous mathematical and statistical foundations of quantitative finance
- Extensive instruction in use of the open source R-programming environment and rapid growth of cutting edge R finance packages
- Classical volatility and mean-variance methods of risk analysis and portfolio optimization, modern fat tails and tail risk methods of risk management, and portfolio optimization
- Integration of theory, methods, and computation
- Separate study options in computing and risk management as critical focal points in today’s markets
The MS-CFRM is a MS degree program offered by the Department of Applied Mathematics (AMATH) within the College of Arts and Sciences of the University of Washington. It is offered with 3 options: a 42 credit General program option, a 54 credit Risk Management option with extended internship, and a 54 credit Computing option with extended internship. As with other MS and PhD degrees at the University of Washington, the MS-CFRM degree is awarded by the University of Washington Graduate School.