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Quantitative Finance Track

What Is a Track?

A track is a specialty area of study crossing over multiple concentration areas. Courses taken to satisfy track requirements can also be used to satisfy concentration requirements. Commerce students may complete up to two tracks if course scheduling allows this flexibility. Due to resources, the McIntire School cannot guarantee the fulfillment of tracks.

 

 

Overview

The Quantitative Finance Track is designed to develop students’ analytical skills and prepare them for quantitatively focused careers in finance. The track is appropriate for students pursuing careers in areas such as asset/investment management, sales/trading, risk management/compliance, and financial information technology. Students will gain a better understanding of model-based decision-making using tools from a variety of areas such as economics, operations research, statistics, computer science, and information technology.

Eligibility

The Quantitative Finance Track is available by application to all Commerce students whose academic requirements allow them the flexibility to take the required 12 credit hours.

Selection Criteria

Students apply for admission into the track at the beginning of the spring semester of the third year. Application materials include a resume, a one-page statement of purpose and interest, and a summary of all quantitative coursework taken to date including performance. Past quantitative coursework draws from departments such as chemistry, computer science, economics, mathematics, physics, and statistics, as well as all disciplines in the School of Engineering & Applied Science. Completion of a programming class is strongly recommended. Criteria for admission include past academic performance, past quantitative background, and the statement of purpose and interest. Admission is limited to 20-30 students.

Curriculum

Students are required to complete the following courses:

Required Courses

COMM 4710 Intermediate Investments

Electives

Select two of the following quantitative-based courses:

COMM 4230 Information Technology in Finance

COMM 4559 Advanced Investments: Asset Management in the Global Economy

COMM 4730 Advanced Investments: Advanced Derivatives and Fixed Income

COMM 4731 Advanced Investments: Principles of Securities Trading

COMM 4732 Advanced Investments: Quantitative Equity Portfolio Management

COMM 4780 Institutional Investment Management

Select one quantitative elective from COMM, MATH, STAT, ECON, or CS

COMM 4230 Information Technology in Finance (if not used in required courses)

COMM 4260 Business Analytics

COMM 4559 Business Analytics with Python/R

COMM 4730 Advanced Investments: Advanced Derivatives and Fixed Income (if not used in elective courses above)

COMM 4731 Advanced Investments: Principles of Securities Trading (if not used in elective courses above)

COMM 4732 Advanced Investments: Quatitative Equity Portfolio Management (if not used in elective courses above)

COMM 4780 Institutional Investment Management (if not used in elective courses above)

ECON 4720 Econometric Methods (Commerce and Economic double majors only)

MATH 4110 Introduction to Stochastic Processes

STAT 4630 Statistical Machine Learning

STAT 5120 Applied Linear Models (Commerce and Math/Statistics double majors only)

STAT 5170 Applied Time Series

Any three of the six classes COMM 4230, COMM 4559, COMM 4730, COMM 4731, COMM 4732 and COMM 4780 can be taken to satisfy the Track’s requirements. Two will satisfy the quantitative trading-based required courses, and the third will satisfy the elective course.
 

Note that admission to the track does not guarantee admission to each of the classes above. Instead, the list of electives is meant to provide a broad set of quantitative courses consistent with the objectives of the track. Courses outside of the Commerce School are appropriate for students double majoring in that particular department.

For more information, please contact Professor Michael Gallmeyer at mgallmeyer@virginia.edu.

The information contained on this website is for informational purposes only. The Undergraduate Record and Graduate Record, found at the UVA University Registrar website, represent the official repository for academic program requirements.