Program Overview
The Graduate Diploma in Quantitative Finance equips students with specialized knowledge and skills in quantitative finance, covering core subjects such as financial instruments, derivative pricing, and risk management. Through a combination of lectures, tutorials, and case studies, students develop analytical, problem-solving, and communication abilities essential for careers in the financial industry, including roles as quantitative analysts, risk managers, and investment analysts.
Program Outline
Degree Overview:
The Graduate Diploma in Quantitative Finance is designed to provide students with the specialized knowledge and professional competency required to work as a quantitative finance analyst in the modern finance industry. The program covers the core knowledge of modern financial instruments and the fundamentals of specialized quantitative finance skills, equipping graduates with the necessary foundation for a basic professional competency in quantitative finance.
Outline:
The course comprises 48 credit points, consisting entirely of core subjects:
- Application of Numerical and Computational Approaches A (8 credit points)
- Application of Numerical and Computational Approaches B (8 credit points)
- Financial Market Instruments (8 credit points)
- Fundamentals of Derivative Security Pricing (8 credit points)
- Interest Rates and Credit Risk Models (8 credit points)
- Probability Theory and Stochastic Analysis (8 credit points)
- Quantitative Portfolio Analysis (8 credit points)
- Risk Management (8 credit points)
- Statistics and Financial Econometrics (8 credit points)
Assessment:
The Graduate Diploma in Quantitative Finance employs a variety of assessment methods typically found in postgraduate programs, including:
- Coursework assignments such as essays, research papers, and case studies
- Quizzes and exams, both in-class and take-home
- Presentations and group projects
- Portfolios of work that demonstrate the student's skills and knowledge The assessment criteria are designed to evaluate the student's understanding of the course content, analytical and problem-solving abilities, communication skills, and ability to apply their knowledge to practical situations.
Teaching:
The Graduate Diploma in Quantitative Finance is taught by experienced faculty members who are actively involved in research and industry practice. The program utilizes a combination of teaching methods:
- Lectures provide the foundation of the course content and introduce key concepts.
- Tutorials and workshops offer hands-on experience, allowing students to apply their knowledge and skills to practical problems.
- Case studies and guest lectures bring real-world examples into the classroom, providing students with insights into the application of quantitative finance in the industry.
Careers:
Graduates of the Graduate Diploma in Quantitative Finance can pursue a wide range of careers in the financial industry, including:
- Quantitative analysts
- Risk management analysts
- Quantitative structures
- Quantitative developers
- Forecasters
- Traders
- Investment analysts
- Financial engineers These professionals are employed by various organizations, including:
- Investment banks
- Trading banks
- Hedge funds
- Investment management companies
- Consulting companies
- Energy and mining companies
- Regulatory bodies
- Government organizations
