This certificate program provides a comprehensive set of tools to support advanced studies in the area of quantitative finance, or to prepare for employment in the financial or investment industries. Students will master the mathematical, statistical and economics fundamentals necessary for advancement in financial professions today, and will develop a fundamental understanding of R programming via course utilization.
You can augment skills and knowledge gained from your degree study or professional experience with an additional area of focus. For undergraduate students, you can take care of some of your general education credits to earn a companion credential that complements your degree. Set yourself apart in the job market with this marker of professional readiness.
For students not currently seeking a degree from UW, the Quantitative Fundamentals Certificate is administered and awarded by Professional & Continuing Education (PCE) at the University of Washington.
For matriculated UW students: after winter 2019, matriculated undergraduate students should pursue the Computational Finance minor. Only matriculated UW students not eligible for the minor may still pursue this certificate. Once you have successfully completed all the certificate courses, they will appear on your transcript just like your other UW courses and count as regular credits. You may also request a certificate in the mail from PCE recognizing your successful completion of the program. You may list this certificate on your resume. The certificate credential itself will not appear on your transcript.
Students interested in preparing for more advanced CFRM study or with a desire to enhance their computer modeling of these concepts can enroll in CFRM 425 for an introduction to R programming. CFRM 425 is not required to earn the QFCF certificate.
The QF certificate is offered in four, 3-credit courses for a total of 12 credits:
- CFRM 405: Mathematical Methods for Quantitative Finance
- CFRM 410: Probability and Statistics for Computational Finance
- CFRM 415: Introduction to Financial Markets
- CFRM 420: Introduction to Computational Finance and Financial Econometrics
Through the Winter 2017 program, a Quantitative Fundamentals Certificate was awarded to individuals who successfully completed former courses CFRM 460, 461, 462. The revised program has been restructured for a broader audience to include a more thorough introduction to the financial industry.
The QF Certificate spans 9-15 months, depending on when students take CFRM 420. Certificate students are not required to attend the live online lectures; recordings will be posted on the course website to review on demand.
|Autumn 2019 Start||Term||Dates|
|CFRM 405||Autumn 2019||Sept - Dec 2019|
|CFRM 410||Winter 2020||Jan - Mar 2020|
|CFRM 415||Spring 2020||Mar - Jun 2020|
|CFRM 420||Autumn 2019|
|Sept - Dec 2019
Sept - Dec 2020
Applicants should have completed:
- university-level college calculus courses that include an introduction to multivariable differential calculus and linear algebra (equivalent to UW MATH 124, 125 and 126: see course descriptions)
- an undergraduate-level statistics course (e.g., UW STAT 311)
Additional introductory mathematics and statistics coursework is desirable. AP credit or “Calculus for Business” and similar survey courses are not adequate preparation.
Other than current UW undergraduates, non-matriculated certificate students must have completed a bachelor’s degree.
Eligible UW students should enroll through MyUW; the course fees below do not apply to current matriculated students enrolling in the classroom sections of CFRM 405-425. You will pay regular UW tuition and have access to your normal financial aid package if applicable.
For students not currently enrolled at UW, the 2019-2020 academic year QF course fees are $520 per credit, with the complete QF certificate priced at $6,240.
Course fees do not include UW mandatory fees assessed on a quarterly basis, such as registration and student technology fees. Course fees also exclude textbooks. The all-inclusive price is approximately $7,000.
Financial aid is not available through CFRM or UW for non-degree programs, except for MS students required to take courses on a preparatory basis, who may be eligible for federal student aid. Outside scholarships, employer reimbursement, or private student loans may be used to cover expenses.
QF coursework is not transferable to the MS degree; obtaining GNM status offers no benefit for courses in the QF certificate program.
Applying to the QF Certificate
Begin your application today!