Structure & Contents

Over the course of studies, students acquire theoretical as well as practical knowledge and skills to comprehend and apply mathematical models on complex financial problems.

The Master Quantitative Finance is a full-time program which takes 4 semesters.

Curricula and Table of Contact Hours

Curriculum / Table of Contact Hours (since winter term 2014/15)

The new master brochure is online!

You can find all important information about the Quantitative Finance Master's programme in our new brochure.

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Course of Studies

First Year

Preparatory Courses

highly recommended prior to program start

1st semester

28 ECTS

Course	ECTS	Hours	Type
Mathematics 1	5	2	PI
Financial Markets and Instruments	4	2	PI
Computing	5	2	PI

Course	ECTS	Hours	Type
Probability	5	2	PI
Microeconomics	4	2	PI
Statistics 1	5	2	PI

2nd semester

28 ECTS

Course	ECTS	Hours	Type
Mathematics 2	5	2	PI
Optimization	5	2	PI
Statistics 2	5	2	PI

Course	ECTS	Hours	Type
Continuous Time Finance 1	4	2	PI
Principles of Finance	4	2	PI
Econometrics	5	2	PI

Second Year

The second year starts with advanced courses in major fields of finance and economics for all students, before you choose between Science Track and the Industry Track. In the master thesis, you demonstrate your ability to independently deal with a topic by drawing on your learned knowledge and skills.

Advanced Courses for both Tracks

16 ECTS

Course	ECTS	Hours	Type
Asset Pricing	4	2	PI
Corporate Finance	4	2	PI
Financial Econometrics	4	2	PI
Game Theory	4	2	PI

Specialization Science Track

24 ECTS

Course	ECTS	Hours	Type
Paper Reading and Writing	8	2	PI
Research Seminar I: Finance, StatMath	2	2	PI
Research Seminar II: Finance, StatMath	2	2	PI

Currently, we are offering the following electives	ECTS	Hours	Type
Advanced Topics in Computing	4	2	PI
Credit Risk	4	2	PI
Continuous Time Finance 2	4	2	PI
Portfolio Management - Foundations	4	2	PI
Portfolio Management - Applications	4	2	PI
Advanced Topics in Financial Econometrics	4	2	PI
Machine Learning	4	2	PI
Financial Engineering	4	2	PI
Quantitative Risk Management	4	2	PI
Market Microstructure: Theory and Application	4	2	PI

Specialization Industry Track

24 ECTS

Course	ECTS	Hours	Type
Industry Lab	8	4	PI

Currently, we are offering the following electives:	ECTS	Hours	Type
Advanced Topics in Computing	4	2	PI
Continuous Time Finance 2	4	2	PI
Portfolio Management - Foundations	4	2	PI
Portfolio Management - Applications	4	2	PI
Advanced Topics in Financial Econometrics	4	2	PI
Credit Risk	4	2	PI
Financial Engineering	4	2	PI
Quantitative Risk Management	4	2	PI
Machine Learning	4	2	PI
Market Microstructure: Theory and Application

Master Thesis

24 ECTS

	ECTS	Hours	Type
Master Thesis Seminar	4	2	PI
Master Thesis	20

Office hours: by appointment (qfin@wu.ac.at)

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Structure & Contents

Curricula and Table of Contact Hours

The new master brochure is online!

Course of Studies

First Year

Preparatory Courses

1st semester

Phase 1 (Oct-Nov)

Phase 2 (Dec-Jan)

2nd semester

Phase 3 (Mar-Apr)

Phase 4 (May-Jun)

Second Year

Advanced Courses for both Tracks

Specialization Science Track

Science Track Mandatory Courses

Electives (3 to select)

Specialization Industry Track

Industry Track Mandatory Courses

Electives (4 to select)

Master Thesis

Master Thesis Process:

Any questions?

Program manager Dragana Pajic