Undergraduate Programs

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?

How do I major in Computational Finance & Risk Management?

Please visit our undergraduate admissions page for important information, including minimum admissions requirements 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 from the following): CFRM 421, CFRM 422, CFRM 430, CFRM 442, 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

 AUTUMNWINTERSPRING
Course CFRM 405
CFRM 420
CFRM 442
CFRM 410
CFRM 425
CFRM 430
CFRM 415
CFRM 421
CFRM 422

Schedule subject to change. Refer to the UW Time Schedule for more details.

Additional information for prospective students

How do I meet with an advisor?

Contact us via phone or email.