"I have been part of the first cohort of students of the Master in Quantitative Finance. The program equipped me with a great deal of quantitative skills and spurred my interest in conducting research. I greatly benefitted from the involvement of faculty members and from their advices. Today, when I look back, I am deeply thankful for the opportunities this program gave me in initiating an academic career."
Florian Nagler, Assistant Professor of Finance, Bocconi University
Graduates of the Master Quantitative Finance are qualified to be tomorrow's experts in the increasingly complex world of finance, e.g. in:
credit and market risk management
treasury and trading
research and technical analysis
Graduates also qualify for a relevant Doctoral or PhD program. Students who want to pursue an academic career are strongly encouraged to choose the Science Track to be well qualified.
After completing the program, graduates will be able to
understand and analyze complex financial problems using mathematical and statistical models;
use mathematical and statistical methods and computational procedures for financial decision-making;
make effective use of the relevant academic literature;
know how to handle financial market data and information systems in theory and practice;
work well in teams and participate actively in problem-solving processes.
Within the program, students can shape their own education by choosing either the Science Track or the Industry Track.
Graduates of the Science Track have also the knowledge and skills to
grasp, analyze and discuss current scientific publications in the field of finance;
research, write and present academic papers;
further deepen and broaden their specialized knowledge in a relevant PhD program.
Graduates of the Industry Track have also the knowledge and skills to
evaluate and analyze risks of financial instruments using current models and methods, and analyze financial time series;
develop and apply computational processes for solving finance-related problems;
translate theory into practical decision-making.
What employers say
“The OeNB also promotes knowledge and understanding among the general public and decision makers and supports research in Austria. Collaborations with universities - such as the one with the Master in Quantitative Finance and WU - are intensive and productive and an excellent contribution to mastering our challenges.”
Gerhard Winkler, Deputy Head of Credit Division, Oesterreichische Nationalbank
“WU’s Master in Quantitative Finance offers an optimal program design that combines well-founded academic qualifications in computing, statistics, and mathematics with a specialization related to the challenges faced by the modern financial industry. By learning how to develop and apply quantitative methods and models and gaining knowledge in the fields of credit and market risk management, graduates become well-equipped for future challenges in financial markets.”
Hannes Mösenbacher, Chief Risk Officer (CRO), Raiffeisen Zentralbank Österreich AG