WorldQuant University
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WorldQuant University (WQU) is a U.S. accredited
not-for-profit A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in co ...
online university. Its programs are entirely-free. As of May 2022, between its two programs, WQU has graduated more than 11,000 students from over 100 countries. It is licensed by the Board of Regents of the State of Louisiana and accredited by the Distance Education Accrediting Commission (DEAC) for its Master’s Degree in Financial Engineering Program. WQU’s Applied Data Science Lab is a credentialed offering where students use
data analysis Data analysis is a process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. Data analysis has multiple facets and approaches, enco ...
to solve real-world and complex problems.


Overview

WorldQuant University was founded by Igor Tulchinsky in 2015 on the premise that talent is equally distributed but opportunity is not. The University is funded by the WorldQuant Foundation. After being licensed by the Louisiana Board of Regents, the Foundation launched WQU in 2015 enrolling several hundred students in a free, online Master's degree in
Quantitative Finance Mathematical finance, also known as quantitative finance and financial mathematics, is a field of applied mathematics, concerned with mathematical modeling of financial markets. In general, there exist two separate branches of finance that require ...
. As its first president, Sarah McCue, PhD, conceptualized and led the launch of WQU's financial engineering Master's Degree. Daphne Kis, who had served on the University's Advisory Board, was brought on as CEO and Board Director in 2017. In late 2016, the university was awarded the 2016 Dive Award: Startup of the Year by the publication ''Education Dive''. By June 2017, it had enrolled 700 students from 40 countries. In 2021, WQU was accredited by the Distance Education Accrediting Commission ( DEAC). Through WorldQuant, it is a Strategic Partner of the Milken Institute and the World Economic Forum (WEF).


Relationship to WorldQuant

Igor Tulchinsky, Founder, Chairman, and CEO of WorldQuant, LLC, established the WorldQuant Foundation, which sponsors WorldQuant University.


Advisory board

WorldQuant University’s Advisory Board is a group of prominent leaders in the finance, business, and education sectors who function as advocates and advisors. Active members provide support regarding educational requirements, professional preparation, and overall workplace development to WQU leadership. WQU’s Advisory Board meets on a regular basis. Members of the Advisory Board include Linda Ban, Lydiah Kemunto Bosire, Lenore Blum, Marc Carletti, Michael DeAddio, Bruno Dupire, Esther Dyson,
Paul Tudor Jones Paul Tudor Jones II (born September 28, 1954) is an American billionaire hedge fund manager, conservationist and philanthropist. In 1980, he founded his hedge fund, Tudor Investment Corporation, an asset management firm headquartered in Stamford, ...
, Ann Kirschner, Alex Lipton, Christopher Mason, Mel Ochoa,
David Shrier David L. Shrier is an American futurist, author and entrepreneur. Shrier also co-edits the MIT Connection Science imprint of MIT Press and is the author of various industry reference books in the fields of financial technology, digital identity ...
, Admiral James Stavridis, USN, and Susan Wolford.


Academics

WorldQuant University currently offers an entirely-free, two-year Master of Science in Financial Engineering (MScFE) degree program and a free, self-paced Applied Data Science Lab. Successful completion of the former results in the student earning an accredited Master's degree; upon completion of the latter, students attain a shareabl
Credly
certification.


Accreditation

WorldQuant University is accredited in all 50 states by the Distance Education Accrediting Commission (DEAC), a United States Department of Education authorized accreditor. The State Authorization Reciprocity Agreement (NC-SARA) has also approved WQU to offer its online education programs to students in 49 US states, the District of Columbia, and US territories. The University also enrolls students in California under a non-profit exemption. WQU is approved to operate by the Board of Regents of the State of Louisiana


MSc in Financial Engineering

WorldQuant University's entirely-free, accredited, online
MSc MSC may refer to: Computers * Message Sequence Chart * Microelectronics Support Centre of UK Rutherford Appleton Laboratory * MIDI Show Control * MSC Malaysia (formerly known as Multimedia Super Corridor) * USB mass storage device class (USB MSC ...
in Financial Engineering Program integrates mathematical, statistical, and computer science tools with finance theory and professional business skills. The two-year program consists of nine graduate-level courses and a Capstone course during which students complete a culminating project. Course topics span financial markets,
data feed Data feed is a mechanism for users to receive updated data from data sources. It is commonly used by real-time applications in point-to-point settings as well as on the World Wide Web. The latter is also called web feed. News feed is a popular for ...
s, and computational finance, among other subjects.WorldQuant University Catalog
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Applied Data Science Lab

The Applied Data Science Lab is a free, credentialed offering where students use
data analysis Data analysis is a process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. Data analysis has multiple facets and approaches, enco ...
to solve real-world meaningful, and complex problems. During this self-paced course, students complete eight projects that range from exploring housing prices in Mexico to predicting air quality in Kenya. They work with publicly available datasets, upon which they can develop larger portfolio projects. Students receive real-time feedback as well as opportunities to collaborate with their peers and to participate in live office hours with their instructor.


See also

* Cooperative learning * Cooperative education * Open educational resources *
Online learning Educational technology (commonly abbreviated as edutech, or edtech) is the combined use of computer hardware, software, and educational theory and practice to facilitate learning. When referred to with its abbreviation, edtech, it often refer ...


References


External links


WorldQuant University Official Website
{{authority control Distance education institutions based in the United States Educational institutions established in 2015 American educational websites Non-profit organizations based in Louisiana Open universities Universities and colleges in New Orleans Private universities and colleges in Louisiana Virtual learning environments 2015 establishments in Louisiana