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Quantitative Finance Track

In the quantitative finance track, you will learn to value existing complex securities and design new complex securities. 

Based on 2016 changes to the curriculum, the UB MS Finance degree now qualifies as a STEM-designated program in Financial Mathematics, which provides an additional 24 months Optional Practical Training (OPT) for international F-1 visa holders who either enroll in the program starting in Fall 2016 or later, or who graduate from the program in February 2017 or later.

For additional information on the foreign student policies for studying in the U.S., refer to the Department of Homeland Security Study in the States website.

For additional information on The University at Buffalo International Student & Scholar Services, refer to UB ISSS website.

In contrast to the financial management track, the quantitative finance track has an intense focus on advanced mathematics, finance and statistics.

By completing this program, you will be able to choose from a wide variety of careers—from managing foreign-exchange risk for a multinational corporation, to designing complex corporate securities at a major investment banking firm, to managing interest rate risk using derivatives at a major commercial bank. 

The MS Finance program is a full-time residency program requiring three semesters of study. Applicants must have an undergraduate degree from an accredited university with a minimum GPA of 3.0/4.0 and must submit a score on either the GMAT or the GRE exam. All applicants must have completed the following business and mathematics courses:

Business courses

  • Economics (equivalent to MGE 302) 
  • Finance (equivalent to MGF 301)

Mathematics courses

  • Calculus III (equivalent to MTH 241) 
  • Linear Algebra (equivalent MTH 309) 
  • Mathematical Statistics (equivalent to MTH 411 or MTH 412)

In addition, we strongly recommend prior courses in computer programming.

If an applicant does not meet the above mentioned criteria for admission, students can be conditionally admitted to the MS Finance program. These conditionally admitted students will be required to complete a boot camp, a self-guided curriculum in the following disciplines: accounting, economics, finance and statistics. Applicants who do not have the required business background but are strong with math and engineering are encouraged to still submit an application for the MS Finance program under this new pilot.