Quantitative Finance and Risk Analytics, M.S.

Drive the world of finance with quantitative modeling skills to navigate the complex and interdependent global markets. 

Technology Comm
#7 Financial Engineering Program in the U.S., TFE Times (2021)
#23 Financial Engineering Program in the U.S., QuantNet (2021)
$72,600 Average Starting Salary

Program Overview

The program curriculum emphasizes business skills in finance, technical skills, and computational skills. Students will study emerging practices, conduct empirical research and construct computational models, and have the opportunity to customize their knowledge with a concentration in quantitative finance, risk analytics, or a generalist track. The master's experience at Lally also includes mentoring from a highly engaged advisory board of executives.

View curriculum or view catalog details.

Program Outcomes

Students who successfully complete this program will be able to:

  • Utilize a core set of analytical skills in finance.
  • Utilize a core set of analytical skills in economics and accounting.
  • Utilize a core set of analytical skills in statistical analyses.
  • Utilize modeling skills to conduct quantitative analysis for financial engineering and the analysis of financial risk.
  • Utilize computational tools to facilitate data analysis for financial engineering and the analysis of financial risk.
  • Demonstrate knowledge of the roles and functions of financial institutions and their regulatory settings.
  • Demonstrate knowledge of financial markets, their roles, and functions in dealing with financial risks.
  • Demonstrate knowledge of valuation of financial instruments for investment, trading, and hedging decisions.
  • Develop strategies for investment and management of risk.

Spotlight

Online banking app on mobile phone

Center for Research toward Advancing Financial Technologies (CRAFT)

The first-ever National Science Foundation-funded industry-university cooperative research center devoted specifically to financial technology and science.  

After Graduation

The master's program in quantitative finance and risk analytics prepares students for careers as financial analysts, credit risk specialists, financial controllers, quantitative risk analysts, private equity analysts, modeling experts, finance portfolio managers, commercial and investment banking consultants, and more.

Companies that have hired our graduates include Ayco Company, Bank of America Merrill Lynch, Boeing, Charles Schwab, Citi Bank, Deloitte, Ernst & Young, ExxonMobil, Geico, Goldman Sachs, IBM, JP Morgan & Chase, KeyBank, and more.

 

Contact

Lally School of Management
Rensselaer Polytechnic Institute
110 8th Street, Pittsburgh Building, Troy, NY 12180
(518) 276-2812

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