What is Computational Finance and Risk Management?
Computational finance and risk management is the application of advanced mathematical, statistical, and computational methods to solving quantitative finance problems. Investigate financial topics and explore the business world rationally, creatively, and critically, in a quantitative way.
Why study Computational Finance?
Computational finance and risk management undergraduate programs are designed to provide students with a rigorous applied mathematical foundation and solid understanding of how mathematical models, and statistical and computational methods, are used in financial applications such as portfolio optimization, derivatives pricing, and risk management.
The BS-CFRM will jump start students’ knowledge and skills for a career in a variety of fields, or further academic study in Mathematical/Computational Finance or Financial Engineering, such as the MS-CFRM program. Be a leader in a society that exhibits increasing demands for competence in communication, computation, and quantitative analysis.
What programs are offered for undergraduates?
- B.S. in Computational Finance & Risk Management
- B.S. in Applied Mathematics
- B.S. in Applied Mathematics: Data Science Option
- Minor in Computational Finance
- Minor in Applied Mathematics
How do I major in Computational Finance & Risk Management?
Please visit our undergraduate admissions page for important information, including minimum admissions requirements, admissions statistics, and application deadlines.
Degree Requirements
Minimum 69 credits
- Mathematics: MATH 124, 125, 126 (or MATH 134, 135, 136) (15 credits)
- Computing: AMATH 301, CFRM 425 (7 credits)
- Statistics for Finance: CFRM 410 (3 credits)
- Applied Mathematics: AMATH 351, AMATH 352, AMATH 353 (9 credits)
- Quantitative Finance: CFRM 405, CFRM 415, CFRM 420 (9 credits)
- Electives (minimum 26 credits): CFRM 421, CFRM 422, CFRM 426, CFRM 430, CFRM 442, CFRM 450, AMATH 481, AMATH 482, AMATH 483
- Minimum 2.00 cumulative GPA in courses applied to the major
General Education requirements for the College of Arts and Sciences may be found here.
Course Schedule
| AUTUMN | WINTER | SPRING | |
|---|---|---|---|
| Course | CFRM 405 CFRM 420 CFRM 442 | CFRM 410 CFRM 425 CFRM 430 | CFRM 415 CFRM 421 CFRM 422 |
Actual courses offered each quarter are listed at the UW Time Schedule. Above schedule is for reference only.
Additional information for prospective students
- Scholarships & Financial Aid: students can find a number of financial aid opportunities through the Student Financial Aid Office. With the Husky Promise, the UW guarantees to cover the full cost of tuition and standard fees for qualified students who otherwise could not afford to attend.
- Career Preparation: students will experience a broad curriculum in preparation for dynamic careers in a variety of fields.
- Admissions: Incoming Freshmen, Transfers, International Students
- Additional policies, useful links, and resources may be found here.
How do I meet with an advisor?
Contact us via phone or email.