Nov 24, 2024  
2019-2020 Graduate Studies Bulletin 
    
2019-2020 Graduate Studies Bulletin [ARCHIVED BULLETIN]

Quantitative Finance, MS


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Offered by the Department of Finance , the Master of Science in Quantitative Finance offers advanced instruction to students with a quantitative background. Students are provided with a strong conceptual understanding of financial theory and analytical techniques. An emphasis is placed on applying this foundation to analyze and develop analytical and quantitative solutions to contemporary financial problems.

In addition to satisfying the residency requirements for MS programs (see below), students admitted into the MS in quantitative finance program should have completed appropriate college-level course work in financial accounting (3 s.h.), microeconomics (3 s.h.), and macroeconomics (3 s.h.). Students lacking one or more of these admission requirements will be able to satisfy them by taking courses at Hofstra (which will not count toward the program requirements). Specifically, students not satisfying the accounting requirement must take ACCT 203 , and students not satisfying the economics requirement must take ECO 200 . Students who do not satisfy the residency requirement for statistics must take BAN 203 .

MS in quantitative finance students are encouraged to complete Bloomberg Essentials prior to completion of their degree. No degree credit is given for Bloomberg Essentials, nor is tuition charged. Students who would like additional information should contact the department chairperson.

Students are admitted into the program in the fall semester only.

Requirements for MS Programs


Residency Requirements


Residency workshops cover library information resources, calculus for business applications, information technology, and statistics for business applications respectively. Full-time students must complete them during the first semester in which they begin. Part-time students must complete them within the first two semesters. Documentation of completion must be submitted to the Graduate Programs Office in order for students to register for the subsequent semester. The calculus for business applications, information technology, and statistics for business applications workshops may be satisfied through previous equivalent undergraduate or graduate course work taken within a specific time frame with a B or better grade at an accredited college or university or through satisfactory performance on a proficiency examination administered by the appropriate department within the Frank G. Zarb School of Business . Students will receive with their letter of admission information about which residency requirements, if any, have been met through prior course work.

The following resource is required of all students:


The following Workshops may be required depending upon academic preparation: (No credit)


*English Proficiency Requirement is for international students


In addition, newly admitted international students are required to take an English placement exam during fall and spring orientation. The exam consists of a short writing task on a topic of general interest and a standardized test including listening comprehension, grammar and reading comprehension. Results are reviewed by the Hofstra English Language Program (ELP) faculty, who make the decision if students must take ELP 235  (2.0 s.h.). All international students who are placed in ELP 235  (2.0 s.h.) must complete the course during the first semester in which they begin an MBA/MS program and must receive a grade of P (Pass). ELP 235  (2.0 s.h.) will carry no degree credit. A fee equivalent to 2.0 s.h. is charged for this course. A grade of P (pass) is required or the course has to be repeated the following semester. The same fee equivalent will be charged for the repeated course.

Program Requirements - Semester Hours: 33


  • See Requirements for MS Programs (above).

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