Universities / University of Washington
Online MS in Computational Finance & Risk Management (CFRM Online)
A 42-credit applied maths master's covering investment science, financial data science, portfolio management, derivatives, Monte Carlo and optimisation, using R. Online students take the same courses and instructors as campus students.
What you’ll study
Core
- CFRM 501 Investment Science
- CFRM 502 Financial Data Science
- CFRM 503 Asset Allocation and Portfolio Management
- CFRM 504 Options and Other Derivatives
- CFRM 505 Monte Carlo Methods in Finance
- CFRM 506 Financial Data Access and Analysis or CFRM 507 Optimization Methods in Finance
- CFRM 509 Ethics in the Finance Profession
Electives
- 16 credits of varying electives; optional internship
Source: depts.washington.edu ↗
Before you apply
- Maths
- multivariate calculus; linear algebra; one-dimensional optimization; probability and statistics
- Programming
- R competency at CFRM 425 level
- Other
- General admission requirements are on a separate UW graduate admissions page (not read)
Source: depts.washington.edu ↗
After graduation
The programme doesn’t publish an employment report.
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Per-credit tuition set annually (figure not on page); about $500/quarter mandatory fees; no tuition waivers.
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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