Quantitative Finance Major

Total units 48 Units

Areas of interest Actuarial Studies, Finance
Major code QFIN-MAJ

Academic career Undergraduate
Academic Contact Dr Alexander Vadilyev

The major in Quantitative Finance builds skills in the concepts and techniques required in the financial markets for statistical analysis and modelling, risk management, model calibration, and derivatives pricing. Students will develop competency in both the theory and the implementation. The analytic skills obtained will be highly beneficial for a career in a hedge fund, funds management, derivatives trading and sales, risk management, or consulting.

Learning Outcomes

Recognise the important role of options, futures and other contingent claims in the financial markets.
Apply mathematical techniques for the pricing and hedging of contingent claims whilst demonstrating appreciation for the underlying assumptions and requirements for these techniques to be valid.
Communicate the principles and results using the language and conventions of the discipline.
Apply the theory in practice through computer based modelling, in appropriate contexts.
Critically engage with and evaluate literature on the management and pricing of contingent claims.
Work independently and collaboratively to collect, process, interpret pricing models and their outcomes.