Finance Academy

Kick off the Master of Science in Quantitative Finance and Risk Management with a two-week boot camp session where you’ll set the groundwork for the rest of the program. Complete the first four courses of your degree, meet and mingle with peers from other finance master’s programs, and place yourself at the same starting line as your classmates.

  • Takes place in August before the semester begins.
  • Complete four credits over the course of two weeks.
  • Includes Corporate Finance, Financial Accounting, Derivative Markets, and Fixed Income courses.

10-Month Full-Time

Timeline & Schedule

Fall semester (August)

Courses are held in-person. Students will take courses at Alter Hall on Temple University’s Main Campus.

Full-time students take day and evening courses on weekdays; part-time students take evening courses on weekdays.

Prepare for FRM Exam Parts I and II through a curriculum that meets FRM learning objectives and includes dedicated modules and study packages. Classes end with time to study for each part of the exam.

Curriculum

Finance Academy (August)
FIN 5602 Corporate Finance (1 credit)FIN 5604 Derivative Markets (1 credit)
FIN 5605 Fixed Income (1 credit)FIN 5607 Stochastic Calculus (1 credit)
Fall I (Aug-Sep)Fall II (Oct-Nov)Spring I (Jan-Feb)Spring II (Mar-May)
FIN 5675 Professional Development (1 credit)FIN 5601 Financial Technology (1 credit)FIN 5631 Financial Time Series (1.5 credits)FIN 5622 Machine Learning in Finance (1.5 credits)


FIN 5612 Asset Pricing (1.5 credits)FIN 5615 Data Science in Finance (1.5 credits)FIN 5634 Stochastic Volatility (1.5 credits)

FIN 5646 Frontiers in Quantitative Finance (1.5 credits)


FIN 5614 Continuous Time Finance (1.5 credits)FIN 5624 Numerical Methods (1.5 credits)



FIN 5619 Quant Fixed Income (1.5 credits)FIN 5627 Financial Econometrics (1.5 credits)FIN 5648 Quantitative Portfolios (1.5 credits)

FIN 5674 Financial Risk Management II (1.5 credits)

FIN 5673 Financial Risk Management I (1.5 credits)FIN 5629 Value at Risk (1.5 credits)FIN 5639 Quant Risk Modeling (1.5 credits)FIN 5649 Enterprise Risk Management (1.5 credits)
Optional:November FRM Exam® Part I
Optional:May FRM Exam® Part I & II

22-Month Full-Time

Timeline & Schedule

Fall semester (August)

Courses are held in-person. Students will take courses at Alter Hall on Temple University’s Main Campus.

Full-time students take day and evening courses on weekdays; part-time students take evening courses on weekdays.

Prepare for FRM Exam Parts I and II through a curriculum that meets FRM learning objectives and includes dedicated modules and study packages. Classes end with time to study for each part of the exam.

Curriculum

Year One

Finance Academy (August)
FIN 5604 Derivative Markets (1 credit)FIN 5607 Stochastic Calculus (1 credit)
Fall I (Aug-Sep)Fall II (Oct-Nov)Spring I (Jan-Feb)Spring II (Mar – May)
FIN 5675 Professional Development (1 credit)

FIN 5615 Data Science in Finance (1.5 credits)


FIN 5631 Financial Time Series (1.5 credits)

FIN 5622 Machine Learning in Finance (1.5 credits)


FIN 5612 Asset Pricing (1.5 credits)

FIN 5627 Financial Econometrics (1.5 credits)


FIN 5634 Stochastic Volatility (1.5 credits)

FIN 5646 Frontiers in Quantitative Finance (1.5 credits)


FIN 5614 Continuous Time Finance (1.5 credits)

FIN 5648 Quantitative Portfolios (1.5 credits)

FIN 5673 Fin. Risk Management I (1.5 credits)


Year Two

Finance Academy (August)
FIN 5602 Corporate Finance (1 credit)FIN 5605 Fixed Income (1 credit)
Fall I (Aug-Sep)Fall II (Oct-Nov)Spring I (Jan-Feb)Spring II (Mar – May)
FIN 5601 Financial Technology (1 credit)FIN 5624 Numerical Methods (1.5 credits)
FIN 5639 Quant Risk Modeling (1.5 credits)

FIN 5649 Enterprise Risk Management (1.5 credits)

FIN 5619 Quant Fixed Income (1.5 credits)FIN 5629 Value at Risk (1.5 credits)


FIN 5674 Financial Risk Management II (1.5 credits)
Optional: November FRM Exam® Part IOptional: May FRM Exam® Part I & II

22-Month Part-Time

Timeline & Schedule

Fall semester (August)

Students on the part-time track will complete the program in 22 months.

Courses are held in-person. Students will take courses at Alter Hall on Temple University’s Main Campus.

Part-time students take evening weekday courses.

Prepare for FRM Exam Parts I and II through a curriculum that meets FRM learning objectives and includes dedicated modules and study packages. Classes end with time to study for each part of the exam.

Curriculum

Year One

Finance Academy (August)
FIN 5604 Derivative Markets (1 credit)FIN 5607 Stochastic Calculus (1 credit)
Fall I (Aug-Sep)Fall II (Oct-Nov)Spring I (Jan-Feb)Spring II (Mar – May)
FIN 5675 Professional Development (1 credit)

FIN 5615 Data Science in Finance (1.5 credits)


FIN 5631 Financial Time Series (1.5 credits)

FIN 5622 Machine Learning in Finance (1.5 credits)


FIN 5612 Asset Pricing (1.5 credits)

FIN 5627 Financial Econometrics (1.5 credits)


FIN 5634 Stochastic Volatility (1.5 credits)

FIN 5646 Frontiers in Quantitative Finance (1.5 credits)


FIN 5614 Continuous Time Finance (1.5 credits)





Year Two

Finance Academy (August)
FIN 5602 Corporate Finance (1 credit)FIN 5605 Fixed Income (1 credit)
Fall I (Aug-Sep)Fall II (Oct-Nov)Spring I (Jan-Feb)Spring II (Mar – May)
FIN 5601 Financial Technology (1 credit)FIN 5624 Numerical Methods (1.5 credits)
FIN 5639 Quant Risk Modeling (1.5 credits)

FIN 5649 Enterprise Risk Management (1.5 credits)

FIN 5619 Quant Fixed Income (1.5 credits)FIN 5629 Value at Risk (1.5 credits)
FIN 5648 Quantitative Portfolios (1.5 credits)

FIN 5674 Fin. Risk Management II (1.5 credits)



FIN 5673 Financial Risk Management I (1.5 credits)
Optional: November FRM Exam® Part I Optional: May FRM Exam® Part I & II
Optional: December CFA® Level I Optional: June CFA® Level II

Courses in Our Program

This course teaches specialized financial software, financial market databases and quantitative financial tools. Financial Technology may be repeated up to one credit hour.

This course reviews economic principles governing financial markets and corporate management and develops financial analysis skills. Topics include capital budgeting and cost of capital.

This course covers global exchange-traded and over-the-counter futures, options and swap instruments and financial applications. Topics include option investment strategies and structured swap applications.

This course examines the features and trading behavior of global fixed income markets. Topics include features of debt securities, bond valuation, interest rate risk immunization and foreign exchange.

This course covers the mathematical foundations of stochastic calculus with financial applications. Topics include Brownian motion, stochastic integrals and stochastic differential equations.

This course examines the relationship between financial risk and rates of return. Topics include equilibrium and empirical approaches to asset pricing and international asset pricing.

This course covers continuous-time financial theory and option pricing methods. Topics include risk-neutral pricing and equilibrium asset pricing.

This course explores the tools and techniques of data mining to extract useful information from large financial data sets. Topics include data cleaning, data visualization and back-test strategies for financial market insights and trade ideas.

The course covers the mathematics driving fixed income markets. Topics include term structure modeling, interest rate immunization and fixed income derivatives.

This course examines machine learning techniques for exploring relationships between financial economic variables and making trend-based predictions. Topics include unsupervised learning and supervised learning algorithms for financial market trading insights and signals.

This course examines numerical lattice, Monte Carlo and finite difference methods for pricing vanilla and exotic options. Topics include implied trinomial trees and variance reduction techniques.

This course examines linear regression and time series models with applications to corporate finance and investments theory. Topics include Interpreting regression coefficients and estimating correlation and volatility using GARCH models.

This course examines advanced quantitative methods for estimating the risk of financial loss and risk management applications. Topics include scenario analysis, incremental risk and VaR back testing techniques.

This course teaches methods for analyzing time series data and for forecasting future events. The course offers a mix of financial data analysis together with statistical theory.

This course examines alternative models of implied volatility and model calibration to observed market data. Topics include the term structure of volatility and jump diffusion models of the volatility smile.

This course covers advanced quantitative analysis and assessment of market, credit and operational financial risks. Topics include hedging exotic options and default risk measures.

Seminar in selected classic and evolving industry methods and applications of quantitative finance.

This course examines portfolio management based on quantitative techniques versus fundamental valuation methods. Topics include statistical arbitrage and computer-based models for trading.

This course covers the analysis and development of a best in practice enterprise-wide risk management system. Topics include corporate risk tolerance and strategic risk and capital management issues.

This course explores the FRM Program’s Part I Curriculum covering the tools used to assess financial risk: quantitative analysis, fundamental risk management concepts, financial markets and products, and valuation and risk models.

This course continues the examination of the FRM Program’s Part I & Part II Curriculum focusing on the application of financial risk management tools.

This course examines the importance of professional growth. Topics include career development goals, effective professional communication, leadership and management skills and ethical issues in finance.

Get Started Now

You’re just a few steps away from your transformation. Complete this form and you’ll gain access to program information, special events, and more.

Get Started Now

You’re just a few steps away from your transformation. Complete this form and you’ll gain access to program information, special events, and more.