Distinct from traditional departments of Finance, the Department of Quantitative Finance has more emphasis on cultivating students’ mathematical knowledge and skills. Hence, other than fundamentals that underlie quantitative finance — accounting, economics, and management, our department also offers a great deal of courses on mathematics and programming.
Our core curriculum offers a multi-disciplinary approach to the study of quantitative finance, which exposes students adequately to the major quantitative finance disciplines of economics, mathematics, statistics and programming. After taking the groundbreaking courses, students may choose to develop expertise in a concentration area of their interest.
Today, our courses focus on quantitative analysis, risk management, derivatives and bond investment analysis, and will be offering courses on financial technology in the near future. Financial technology is a financial service sector that emerged in the 21st century. However, it is highly quantitatively oriented and traditional finance courses are insufficient of covering the necessary algebraic, statistical and programming training. Big data analytics, another ubiquitous phrase nowadays, is a fast-growing field and skills in the area are some of the most in demand today. Entering this industry not only requires a solid background in finance, but strong computational and mathematical foundations to develop and deploy systems to tackle large and complex data sets. As a result, our department recently opened more courses on programming and data mining to prepare students with essential in-depth knowledge of techniques to excel in this burgeoning field.
Additionally, to utilize limited educational resources, our department is actively involved in recording MOOCS courses to provide our current students, students from other departments, and even the public with free learning materials. These courses not only cover in-depth knowledge of finance, but include case-based discussions to foster students’ interest and relevant market intelligence, insight and analysis.
In line with the university’s vision of internationalization, our department is gradually opening more English taught courses to attract more foreign students and achieve our vision in transforming into an English-medium department. Our department is also introducing more overseas companies and industries cases into courses to cultivate students’ global vision as well as enhancing their English proficiency.