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Universities / University of Maryland

Master of Quantitative Finance (MQF)

STEM-designated programme building maths and programming skills for financial modelling, investment analysis and risk management. Covers Python, numerical methods, machine learning and market risk, with experiential projects including managing part of Smith's Global Equity Fund.

What you’ll study

The programme doesn’t publish a unit list. Check the programme website for the current structure.

Before you apply

Background
Strong quantitative or technical coursework; no business/finance background needed (typical: CS, engineering, maths, physics)
Tests
GMAT or GRE required
English
TOEFL, IELTS or PTE for international applicants (no minimum found)
Other
Essay, transcripts, 1 recommendation letter, CV. Fall 2027 deadlines: international March 12, 2027; domestic August 20, 2027

Source: academiccatalog.umd.edu ↗

After graduation

Employment
Nearly 9 in 10 of most recent graduates employed within 180 days of graduation (UMD Smith Career Services, 2025)
Salary
Average reported salary US$103K (no class year stated beyond the 2025 report)
Typical first roles
Quantitative trading, Risk analytics, Financial engineering

Source: rhsmith.umd.edu ↗

Want to see what employers ask for? Browse open quant roles.

Catalog page also lists an online MQF variant (OMQF).

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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