Master of Science in Computational Finance




Courses Overview

What will I learn?
The Master of Science in Computational Finance is a joint-degree program of the College of Computing and Digital Media and the Kellstadt Graduate School of Business that combines financial course work with computer programming. The program is designed to meet the industry-wide need for financial professionals with exceptional programming skills, as well as in-depth understanding of financial concepts and business language. The MS in Computational Finance is for the student who has earned a bachelor is degree, or who has earned or is earning an MBA.
Taught by faculty members with both industry and academic expertise, this degree will help you to develop skills to:
Build a trading engine.
Implement financial concepts into computer programs.
Develop and use numerical algorithms and analytical techniques.
Explore pricing of derivative securities.
Understand and analyze simulation of financial systems.
Learning Outcomes
Students will be able to:
Acquire knowledge and skills that are broad, deep, and necessary to fulfil their professional goals.
Use analytical and decision-making skills to solve problems encountered by business and investors.
Apply financial theory to solve a variety of problems in investment, management, risk management, and in corporate finance.
Career Outlook
This unique program will prepare you for a career in finance, specifically in portfolio management, risk management and financial engineering.


Which department am I in? Kellstadt Graduate School of Business

Entry Requirement From Vietnam

Students must have a minimum score of 570 in paper based TOEFL.

Entry Requirement For International Student

Applicants must hold a baccalaureate university degree and, in addition, have at the minimum achieved a B (3.0 grade point average) or its equivalent in the last 60 semester units or last 90-quarter units of undergraduate work. Applicants must submit two copies of official transcripts from all academic institutions attended beyond secondary school, a statement of purpose, a resume, and three letters of recommendation. Applicants will be contacted if the admissions committee wishes to arrange an interview. The minimum established score on the TOEFL, according to Graduate Division, is the paper and pencil result of 560 or higher or a computer-based test of 220 or higher. On the IELTS an Overall Band score of at least 7.0 is the minimum required. Only those applicants who hold a bachelor is or higher degree from a university in a country where the official language is English and in which English is the spoken tongue and the medium of instruction, or who have completed at least two years of full-time study at such an institution will be exempted. Graduate Record Examination (GRE) scores from within the last five years are required of all applicants. In addition, the Department requires satisfaction of the following entrance requirements: A college-level course in statistics (three semester units or four quarter units) taken within the last five years with a minimum grade of C . The course must have covered descriptive and inferential statistics; A computer programming requirement, met by completing either a college‑level course (three semester units or four quarter units) taken within the last five years, with a minimum grade of C . Most standard languages, such as C++, PASCAL, Java, or Perl are acceptable. At least one third of the course grade should be based on programming assignments.

Path Way Options by Other Partners

Pathways options
Offered by other partners
This university accepts pathways courses from Trinity College - The University of Melbourne

Full Time (52 - 68 hours)

USD $1,040 per credit hour

26 March 2018, 11 June 2018, 5 September 2018

Loop Campus DePaul Center, Joan Wish Center, 1 East Jackson Boulevard, CHICAGO, Illinois, 60604, United States