Quantitative Finance, MA studies
The Quantitative Finance programme is ranked 12th in the world, according to the Eduniversal Global TOP 100 Best Masters 2021 ranking, in the category of Financial Markets.
The two-year master’s degree in Quantitative Finance, which is taught in English, offers unique courses on quantitative finance from the perspective of the latest scientific developments and experiences of financial institutions. The programme is addressed to graduates of bachelor’s degree programmes from foreign and domestic universities, who would like to associate their professional future with financial institutions, regulators and supervisors of these institutions, and other organisations operating in the financial and banking environment both in Poland and abroad.
The programme has been certified as "Studies with a Future" by the Foundation for the Development of Education and Higher Education (FREiSW), a national title awarded for innovation, meeting labour market demands, and a modern approach to teaching.
The study programme is designed to prepare students for professional careers in Polish and international financial institutions, where they will be able to:
- implement complex derivative pricing models (Derivatives Markets, Equity and Fixed Income, Theory and Practice of Option Pricing, C++ in Quantitative Finance, Computational Finance),
- manage various risks in financial institutions (Risk Analysis and Modelling, Corporate Finance),
- exercise competence in asset portfolio management, considering the ongoing changes in the financial environment (Asset Allocation and Investment Strategies and Financial Statement Analysis),
- apply knowledge of recent developments in financial research (empirical aspects of financial markets).
The knowledge and skills presented will be supplemented with subjects in economics (Advanced Microeconomics and Advanced Macroeconomics), courses in mathematics and econometrics (Mathematical Methods in Finance, Time Series Analysis, Quantitative Strategies, High Frequency Data), and classes presenting the architecture of the world of finance (Theory of Finance), which help students understand the complex world of financial models and find a niche in it for themselves.
The programme assumes that students will be equipped with theoretical knowledge and practical skills that will enable them to make independent decisions based on real-time financial data, using the tools and techniques that are developing dynamically in modern finance.
The Quantitative Finance programme is designed to prepare students for jobs in the finance industry and beyond, including financial engineering and risk management, macroeconomic and financial forecasting, quantitative asset management, quantitative trading, and applied research.
Students gain mathematical skills in areas such as:
- probability and statistics,
- portfolio theory,
- equity and interest rate derivatives, including exotic options,
- linear algebra and differential equations,
- differential, integral, and stochastic calculus.
We teach our students how to:
- use mathematical models to support more accurate asset pricing, stock selection, asset allocation, investment portfolio analysis, or securities trading,
- quantify statistical parameters such as volatility and return correlations, to derive new ways to assess risk and design effective hedging strategies,
- design algorithms to replace the traditional process of subjective trading decisions,
- validate models, conduct research, and develop new strategies,
- provide investors with valuation and trading tools,
- use value options, convertible instruments, and other derivatives,
- control and manage risks,
- model the behaviour of financial markets.
In addition, the study programme and its level of difficulty assume that students will be prepared to conduct independent research and continue their education with doctoral studies at Polish and/or foreign universities.
The detailed study programme has been designed to facilitate effective preparation for examinations, enabling students to obtain a licence such as CFA, Securities Broker, or Investment Advisor. This is a great added value for the graduate, thanks to which future graduates gain a significant advantage over "competitors" on the job market, at the outset.