We are pleased that you are considering our students for your hiring needs. We look forward to working with you.
Carnegie Mellon created the first quantitative finance degree in 1994. Today, our Master of Science in Computational Finance (MSCF) is considered by many to be the top quantitative financial engineering program of its kind. Structured as the joint-venture between four Carnegie Mellon colleges (the Tepper School of Business, the Mathematical Sciences Department, the Department of Statistics, and the School of Information Systems and Management at the Heinz College) the MSCF program offers a rigorous and cohesive set of twenty-five courses designed specifically for the needs of the quantitative finance industry.
Three semesters in duration, students matriculate in the fall, pursuing a summer internship from May through August. Following their internship, students return to campus (either Pittsburgh or New York) to complete their final semester and graduate in December.
Students learn traditional finance theories of equity and bond portfolio management, the stochastic calculus models on which derivative trading is based, computational methods including Monte Carlo simulation and finite difference approximations of partial differential equations, and statistical methodologies including regression and time series. Following a summer internship, students take courses in asset pricing, statistical arbitrage, risk management, machine learning, data science, and asset management. In addition to Matlab, Python and R, C++ is incorporated into the curriculum and students create software in several courses. The program concludes with a sophisticated financial computing course, a microstructure and algorithmic trading course and a case-based capstone course in financial engineering.
MSCF graduates work in the financial services industry pursuing careers in derivatives trading and trading support, risk management, research, structured products, quantitative portfolio management and analytics. Our students’ impressive employment statistics attest to the high regard global financial firms have for our graduates. Over the last three years, 98 percent of our full-time MSCF students obtained summer internships and 86 percent accepted full-time positions within three months of graduation.
To schedule a recruiting visit, please contact:
Queeta Welch: Assistant Director, MSCF Career Services
For information about editing your company profile, posting jobs, accessing resumes, the interviewing process, campus visits, grade policy, subsequent round interviews, and job offer policies, please review the MSCF Recruiting Guide.