{{phone.Value}}

1000+

successful admissions

94%

of students enter the university of their choice

4400+

students consult Education Index when applying for universites

Carnegie Mellon University, MSc, Masters in Computational Finance

 United States

 

Study mode Start date Duration Fee international Fee study period Year of study
Full-time Sep years: 2 $54200 Academic year 2017
Over the last 25 years, the finance industry has undergone a fundamental transformation. Deregulation and technological advancements beginning in the 1990s has resulted in a proliferation of competing markets and greatly reduced execution costs, while extensive regulation implemented after the 2008 financial crisis now requires firms to better measure and control risk in their portfolios. In addition, the increased granularity and volume of data available for financial decision making has created new opportunities for computer-savvy quants to lend and manage money. To survive in this new environment, bankers, traders and money managers must understand the probabilistic distributions driving economic forecasts, be able to manage and analyze large financial data sets to build trading, investment and risk models and understand the proper use and limitations of the mathematical models on which much financial decision-making is based. The industry looks to financial engineers for the knowledge, training and skillsets to perform these functions.

Other courses at Carnegie Mellon University

Free consultation

Get free 15 min consultation about this University

  • {{rerrors.FirstName}}
  • {{rerrors.Email}}
  • {{rerrors.Mobile}}
  • By providing your details you are consenting to Education Index sending you information about its services and the university that is relevant to your interests, such as: courses and subjects, events, funding, student life, accommodation and careers. Education Index will never sell, rent, or give away your data for third-party marketing, however they may work with partner organisations to send you relevant information about Carnegie Mellon University. If you do not wish to receive further information, you can opt-out at any time using links provided in their communications. Education Index privacy policy applies.
    {{rerrors.UserTerms}}
    I agree to comply with the Terms and Conditions of Use and the Privacy Policy. I confirm that I am 16 years of age or older *
  • {{rerrors.Message}}

Location

You can always find something new in the city of Pittsburgh. Between the 88 neighborhoods and districts and the 10 colleges with 86,000 students in the area – there’s so much to explore and so many different types of people to meet along with things to do in Pittsburgh.


Oakland, Shadyside and Squirrel Hill are the closest neighborhoods to campus and easy to explore by foot. But if you’re looking to go beyond the nearby vicinity and have mapped out a plan to see more than the obvious, your Carnegie Mellon student ID will double as your bus pass throughout Allegheny County – including the Pittsburgh International Airport.