Topic summary
Master of Quantitative Finance
A master's degree in quantitative finance is a postgraduate degree focused on the application of mathematical methods to the solution of problems in financial economics. There are several like-titled degrees which may further focus on financial engineering, computational finance, mathematical finance, or financial risk management.
In general, these degrees aim to prepare students for roles as "quants" (quantitative analysts); in particular, these degrees emphasize derivatives and fixed income, and the hedging and management of the resultant market and .
Formal master's-level training in quantitative finance has existed since 1990.