Quantitative Modeling and Trading (Certificate)
The Master of Science in Finance program at Stuart School of Business, nationally ranked in the United States by TFE Times, offers a variety of graduate certificate programs specifically designed for finance professionals who want to enhance their specialized expertise to propel their careers forward, as well as earn stackable credentials as part of a degree program.
The Certificate in Quantitative Modeling and Trading focuses on the modeling of derivative security prices, interest rates, and the derivative trading strategies that make use of these techniques. The modeling classes are applicable to many markets, while the trading class focuses on the active and complex energy markets. Topics covered include:
- Financial engineering skills in financial theory and practice, mathematics, and programming
- Implementation of the major term structure models that are in common use
- Environment, Social, and Governance (ESG) investments and energy markets
- Data-driven analytic models for energy prices and other risk factors
Certificate students take courses alongside degree-seeking students and benefit from the same industry-experienced faculty, hands-on approach, and curriculum that is attuned to leading-edge finance practices and technologies.
Convenient for busy professionals, courses are scheduled in the evening at Illinois Tech’s Conviser Law Center in downtown Â鶹APP.
Program Overview
Designed for career finance professionals, the Certificate in Quantitative Modeling and Trading covers derivatives, term structure modeling, and energy commodities markets. Coursework includes learning to program and implement financial models in Matlab.
Career Opportunities
The Certificate in Quantitative Modeling and Trading provides finance professionals with the latest industry-relevant ideas, skills, and technologies targeted to their interests and career paths such as trading, risk management, investment management, structuring and pricing analysis, and quantitative analysis and programming.
This certificate requires three semester-length courses (nine credit hours total). Each course meets once a week for 15 weeks.
- Bachelor’s degree from an accredited institution with a minimum cumulative undergraduate grade-point average of 2.5 on a 4.0 scale (or equivalent)
- Work experience is preferred
- Depending on previous academic coursework, the applicant may need to take additional prerequisite courses that may not count toward the certificate
Designed for Busy Professionals
Stuart School of Business Certificates Are:
- Targeted: Get the specific, career-focused education you need now
- Convenient: Evening courses at Illinois Tech’s Conviser Law Center in downtown Â鶹APP, located one block west of Union Station and near Ogilvie Transportation Center
- Flexible: Take one or more courses at a time
Your Certificate Credit Is Stackable
The Certificate in Quantitative Modeling and Trading is stackable, which means that all nine credit hours automatically apply if you choose to pursue the Illinois Tech M.S. in Finance degree.
Students in this certificate program who later apply and are admitted to a different master’s degree program at Stuart may apply all approved certificate coursework with a grade of B or higher to that master’s degree. A certificate is typically equivalent to one-fourth to one-third of the credit hours required for a degree. Students have the option of transferring to the master’s program in any semester.