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Washington University in St Louis Olin Business School

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Home > Programs > Specialized Masters Programs > MS in Finance > Quantitative Finance Curriculum

Quantitative Finance Curriculum

The Quantitative Finance curriculum fuses mathematical tools with a strategic understanding of business decision-making. The MSFQ track holds a STEM (Science, Technology, Engineering and Mathematics) designation.

In the Quantitative Finance track, students take courses to develop a skill set similar to a Financial Engineering program while still including course work in corporate finance, investments and financial markets. The 3-semester, 17-month program consists of a minimum of 39 credit hours.


Foundation Courses

Depending on your academic background, you may be required to take Foundation courses upon entering the MSF program. This coursework is in addition to the required 39 credits and counts towards GPA calculation.

  • FIN 510 Introduction to Finance (2 credits)
  • ACCT 560 Introduction to Financial Accounting (2 credits)
  • ACCT 562 Financial Accounting (Intermediate Accounting) (2 credits)

Fall Semester (16.5 credits)

Fall A Fall B
FIN 524 Options & Futures (1.5)
FIN 532 Investment Theory (1.5)
FIN 538 Stochastic Foundations for Finance (1.5)
MGT 537 Invest in Your Career (0)
FIN 524B Derivative Securities (1.5)
FIN 532B Data Analysis for Investments (1.5)

Choose one:
FIN 527 Financial Markets (1.5) preferred
FIN 521 Financial Intermediation (1.5)
MEC 537 Data Analysis, Forecasting and Risk Analysis (3)
CSE 501N Programming Concepts & Practices, plus lab (Java Programming) (3)
MGT 550Z Professional Communication Forum (1.5)

Spring Semester (16.5 credits)

Spring A Spring B
FIN 525 Fixed Income Securities (1.5)
FIN 534 Adv. Corporate Finance I - Valuation (1.5)
FIN 539 Mathematical Finance (1.5)
FIN 551 Adv. Credit Risk Modeling (1.5)
Choose one:
FIN 534B Adv. Corporate Finance II - Financing (1.5)
MEC 540 Money, Capital Markets, and Economic Growth (1.5)
FIN 500Q Quantitative Risk Management (3)
FIN 537 Advanced Derivative Securities (3)
E81 CSE 502N Fundamentals of Computer Science (3)

Second Fall Semester (6 credits)

Fall A Fall B
FIN 500K Finance Consulting Seminar (1.5)
FIN 500R Topics in Quantitative Finance (1.5)
FIN 552 Fixed Income Derivatives (1.5)

Must take if FIN 527 not taken previously:
FIN 521 Financial Intermediation (1.5)
FIN 534B Adv. Corporate Finance II - Financing (1.5), if not taken in Spring B

If FIN 534B taken previously, choose one or more of the following:

FIN 533 Real Option Valuation (1.5)
ACCT 503B Adv. Bus Analysis/Fin. Statement (1.5)
FIN 549 Real Estate Finance (1.5)
FIN 534C Advanced Corporate Finance III-Valuation (1.5)
FIN 500V Risk Management & Insurance (1.5)
Academic Director - Hong Liu
Download MSFQ Course Descriptions (PDF)

Transfer of Credit

Olin Business School will accept up to nine credits of graduate coursework taken at another AACSB accredited institution if the grades you earned are "B" or better, and the Academic Review Committee judges the courses to be equivalent to Olin MSF classes in quality and content. Submit the course syllabus and transcript to your business advisor upon enrollment.