Universities / Georgia Institute of Technology
MS in Quantitative and Computational Finance (QCF)
An interdisciplinary degree run jointly by business, industrial engineering and mathematics, emphasising machine learning, advanced programming and hands-on projects. Core covers stochastic processes, derivatives, fixed income, numerical methods and systems implementation, with QCF-only electives in AI, optimisation and data mining.
What you’ll study
Core
- Finance and Investments
- Stochastic Processes in Finance I
- Design and Implementation of Systems in Computational Finance
- Derivative Securities
- Fixed Income Securities
- Numerical Methods in Finance
- The Practice of QCF (capstone seminar)
Electives
- AI for Finance
- Financial Optimization
- Data Mining & Statistical Learning (choose two)
- Free electives incl. Machine Learning, Deep Learning, Time Series Analysis, High-Performance Computing, Computational Statistics
Source: qcf.gatech.edu ↗
Before you apply
- Background
- Strong quantitative/technical undergraduate background; no specific major named
- Maths
- single- and multivariable calculus; linear algebra; linear systems; differential equations; probability and statistics
- Programming
- Programming experience strongly preferred (Python, R, C++ or SAS)
- Tests
- GRE or GMAT required unless waived (US 4-year degree with GPA 3.7 or higher waives it)
- English
- TOEFL required for international applicants (institute code 5248); minimum not stated
- Other
- Three recommenders; essays and short answers; behavioural interview for competitive candidates; application fee US$95 domestic / US$105 international
Source: qcf.gatech.edu ↗
After graduation
- Employment
- Fall 2025 class: 91% placed full-time at 3 months; Spring 2025: 90% at 3 months; Fall 2024: 92% as of 4/1/25; Fall 2023: 96% within 3 months
- Salary
- Fall 2025 average first-year base US$114,121, average total compensation US$139,262 (mean, not median); highest total comp US$315,000
- Typical first roles
- Derivatives pricing and trading, Risk management, Structured products, Portfolio management, Quantitative research, Technical consulting
- Employers
- Millennium, Goldman Sachs, JPMorgan, Intercontinental Exchange, BlackRock, Citi, Wells Fargo, Charles Schwab
Source: qcf.gatech.edu ↗
Want to see what employers ask for? Browse open quant roles.
Summer 2023 internship placement 88% (official stats page).
Checked 6 November 2026 against the sources linked on this page. Fees, units and requirements change each year, so confirm them on the programme’s website before applying.
Similar programmes
Boston, United StatesMSMFTBoston UniversityPittsburgh, United StatesMSCFCarnegie Mellon UniversityClaremont, United StatesMSFEClaremont Graduate UniversityIthaca, United StatesMEng FECornell UniversityTallahassee, United StatesMS FMFlorida State UniversityCambridge, United StatesMFinMassachusetts Institute of Technology