Graduates of this program have a solid understanding of the fundamental quantitative tools from economic theory, probability, statistics, optimization and computer science, all of which are becoming increasingly vital in the financial industry. While there has been much debate in recent months about the role of quantitative finance in the financial crisis, the financial industry has increasingly placed strong emphasis on quantitative tools and analysis as it seeks to rebuild itself and strengthen risk management practices. A driving force behind these developments is a lively exchange of ideas between academia and the financial industry, a collaboration that is the closest parallel in the social sciences to the academic-private sector interactions routinely seen in engineering and the applied sciences. The Master in Finance program is intended to prepare students for a wide range of careers both inside and outside the financial industry, including financial engineering and risk management, quantitative asset management, macroeconomic and financial forecasting, quantitative trading, and applied research. Although the program does not require prior work experience in finance, in recent years having some exposure to finance -- e. g. , an internship -- has been essential in an increasingly challenging job market.
Princeton University, United States
Graduates of this program have a solid understanding of the fundamental quantitative tools from economic theory, probability, statistics, optimization and computer science, all of which are becoming increasingly vital in the financial industry. While there has been much debate in recent months about the role of quantitative finance in the financial crisis, the financial industry has increasingly placed strong emphasis on quantitative tools and analysis as it seeks to rebuild itself and strengthen risk management practices. A driving force behind these developments is a lively exchange of ideas between academia and the financial industry, a collaboration that is the closest parallel in the social sciences to the academic-private sector interactions routinely seen in engineering and the applied sciences. The Master in Finance program is intended to prepare students for a wide range of careers both inside and outside the financial industry, including financial engineering and risk management, quantitative asset management, macroeconomic and financial forecasting, quantitative trading, and applied research. Although the program does not require prior work experience in finance, in recent years having some exposure to finance -- e. g. , an internship -- has been essential in an increasingly challenging job market.
Princeton University, United States