The Quantitative Finance Program offered by the Faculty of Economic Sciences at the University of Warsaw is a highly regarded and competitive program that aims to provide students with a comprehensive knowledge of modern quantitative finance. This four-semester program is conducted in English and is intended for full-time students who wish to pursue a career in finance. The program is ranked 13th in the Eduniversal TOP 100 Best Masters 2022 in Financial Markets, which is a testament to its quality and reputation.
One of the unique features of this program is that it combines the fundamental principles of economic theory with specialized knowledge in finance. The program focuses on providing students with theoretical knowledge from the field of quantitative finance and its practical applications in financial institutions, taking into account the latest trends in the financial world. This combination of economic methods, quantitative techniques, and state-of-the-art financial analyses provides students with a strong background from which they can pursue their careers in finance.
The program aims to develop students' abilities to use economic analysis in various finance-related problems, with a significant focus on the development of mathematical and statistical skills. These skills are essential to evaluate uncertain outcomes found in financial applications. The program provides students with opportunities to apply their knowledge and skills to projects that use financial tools and techniques, giving them practical experience.
The curriculum of the program is designed to prepare students for careers in financial institutions, where they will be able to deal with complicated derivatives pricing models, manage various risks in financial institutions, gain competence in managing the portfolio of assets considering the ongoing changes in financial environment, and obtain knowledge about the latest achievements in financial research. The courses cover a range of subjects such as Derivatives Markets, Equity and Fixed Income, Theory and Practice of Option Pricing, C++ in Quantitative Finance, Computational Finance, Risk Analysis and Modeling, Corporate Finance, Asset Allocation and Investment Strategies, Financial Statement Analysis, Empirics of Financial Markets, Advanced Microeconomics, Advanced Macroeconomics, Mathematical Methods in Finance, Time Series Analysis, Quantitative Strategies, High-Frequency Data, and Theory of Finance.
The program assumes that students will be equipped with theoretical knowledge and practical applications that enable them to make independent decisions based on real-time financial data using dynamically developing tools and techniques in modern finance. This program aims to address the lack of high-quality professionals who treat quantitative finance as their main area of expertise, particularly in light of the 2007-2009 capital market turmoil.