Universities / King Fahd University of Petroleum & Minerals (KFUPM)
Master's in Quantitative Finance (MQF)
A 30-credit professional master's in the business school combining corporate finance, financial economics, stochastic processes, econometrics, derivatives, fixed income and an AI-for-business course, ending in a project. Aimed at working professionals via evening classes.
What you’ll study
Core
- Corporate Finance: Theory & Practice
- Financial Economics
- Stochastic Process in Finance
- Financial Econometrics and Inference
- Financial Derivatives & Risk Management
- Fixed Income Securities
- Financial Markets & Investment Theory
- Artificial Intelligence for Business
- Project (FIN 619)
Source: kbs.kfupm.edu.sa ↗
Before you apply
- Background
- Recognized bachelor's degree, minimum GPA 2.5/4.0
- Maths
- at least one calculus course; at least one statistics course
- Programming
- one college course demonstrating computer proficiency
- Tests
- GRE/GMAT not required
- English
- IELTS 6+, TOEFL 70+ or Duolingo 105+ (waived for KFUPM graduates and English-speaking countries)
- Other
- Two recommendation letters; one-page statement of purpose
Source: kbs.kfupm.edu.sa ↗
After graduation
- Typical first roles
- Data scientist, Financial engineer (model vetting, risk compliance), Quantitative / portfolio credit / market risk analyst, Big data and machine learning specialist, Asset or portfolio manager
Source: kbs.kfupm.edu.sa ↗
Want to see what employers ask for? Browse open quant roles.
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.
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