Master of Science in Quantitative Finance (MSQF)
Overview
Our graduate program is perfect for those seeking to develop a solid understanding of advanced analytical skills used for decision-making. Students obtain strong knowledge of finance, learn advanced statistical and econometric skills to analyze large financial datasets and gain exposure to the latest fintech applications.
Eight Reasons to Get a Master's Degree in Quantitative Finance (MSQF) at UNLV:
- Innovative Program: Through our forward-thinking curriculum and cutting-edge approaches, we prepare students for the future of finance and actively shape the industry. Our program is constantly evolving to meet the demands of an ever-changing industry landscape and ensure that graduates are equipped to face today's challenges and become pioneers who navigate the finance world of tomorrow.
- Chartered Financial Analyst (CFA) Designation: Receive preparation to obtain the Chartered Financial Analyst (CFA) designation, one of the highest distinctions in the investment management profession. Research has shown that CFAs tend to earn higher salaries compared to their non-CFA counterparts. Employers often value the depth of knowledge and expertise that comes with the CFA designation, which can translate into better compensation packages and advancement opportunities.
- Research-Active Faculty: Our courses are taught by research-active faculty with Ph.D. degrees from reputable universities who bring the most current subject knowledge into the classroom.
- High Research Activity: UNLV is among the top three percent of U.S. universities that receive the "very high research activity" designation by the Carnegie Foundation. Lee Business School is among the top one percent of business schools worldwide, holding dual business and accounting accreditation by AACSB.
- Affordable and Quick: Our affordable and efficient program can be completed in just 12 months. This ensures that graduates are able to enter the workforce or pursue further education in a shorter time frame.
- STEM-Designated Program: A STEM-designated program allows international students to work in the U.S. for 36 months without a work visa.
- Mathematical and Computational Methods: Become prepared to apply mathematical and computational methods to develop and exploit financial opportunities for return enhancement and risk control.
- Dual Degree Option: A dual MBA/MSQF degree option is available, which offers a unique skill set that enables students to navigate the complexities of modern finance while understanding the broader business context in which financial decisions are made. Whether pursuing careers in investment banking, consulting, or corporate finance, graduates of the dual degree program are poised to excel in roles that demand both quantitative rigor and strategic thinking, setting them apart as multifaceted leaders in the finance industry.
Financial Strategies and Quantitative Methods Combined in One Specialized Degree
The program provides students with the skills to calculate risk in a portfolio, predict commodity prices, price mortgage-backed securities, create algorithmic trading strategies, and develop and validate risk models.
Receive Personalized Mentorship from Expert Faculty Members
As you pursue your degree, you'll engage with instructors who are actively involved in cutting-edge research and possess Ph.D. degrees from renowned universities. Their expertise ensures that the courses you take contain academic exercises and dynamic learning experiences enriched with the most up-to-date advancements in the field. Their mentorship will help you gain invaluable insights and guidance and equip you with the skills and knowledge needed to excel in the field.
For more details about the faculty, visit the Faculty/Staff Directory page.
“The MSQF program prepares students for the future of finance, which requires the skills to analyze large datasets and make complex financial decisions. Students will be equipped to excel in all areas of finance, such as corporate finance, investments, banking, and risk management.”Daniel Chi, Ph.D., Professor and Chair, Department of Finance
Career Options
The demand for quants is coming from all industries. Achieving mastery within this field is an excellent way to differentiate yourself from the competition. Graduates with quantitative finance degrees often work in various analyst or leadership positions in corporate finance, investment management, investment banking, hedge funds, mutual funds, private equity, risk management, trading, commercial banking, insurance, or regulator institutions.
With your MSQF degree, you'll have the knowledge and skills to succeed in a variety of roles, including:
- Quantitative financial analyst
- Senior analyst
- Market risk analyst
- Investor reporting quantitative analyst
- Finance manager
- Investment analyst
- Data scientist
- Chief finance officer
"UNLV’s MSQF program gave me the quantitative foundation and mentorship to transition confidently into industry. Courses in econometrics, time series with Professor Malikov, and financial modeling with Professor Zhang and Daisy Liu were especially impactful—helping me develop modeling skills and communicate results effectively. I was also an ex-employee of Bank of America/Merrill lynch, but the MSQF experience equipped me with the advanced skills that directly led to my current role as a Quantitative Volume and Capacity Modeler there. My advice to future students: challenge yourself beyond the classroom, and build a portfolio of projects that shows your hands-on experience."Sara Aprigliano, MSQF Alumni, Summer ‘25
Program Structure
Our program will provide advanced education and training on core finance knowledge and skills at the graduate level, with special emphasis on quantitative methods in finance and new financial technologies.
“Joining the MSQF program was the catalyst that propelled my career forward at a remarkable rate. Job opportunities immediately became available, and the skill sets I developed during the program gave me the confidence and capacity to overcome any challenges."Lucas Gutierrez, MSQF Alumni, Summer ‘20
Tuition and Fees
Visit the Tuition and College Cost page for more information. Please note that a differential fee applies for this program. For an approximate cost breakdown, contact the Office of Graduate Student Services at LEEogss@unlv.edu.
Ready to Apply?
The program is open to graduates from all undergraduate disciplines — a finance degree is not required. Applicants are also required to submit official GMAT or GRE scores. A GMAT waiver may be available for students who meet one of the following criteria:
- Hold a 3.5 GPA from an AACSB-accredited institution, or
- Have successfully passed the CFA exam.
Please note that the granting of waivers is at the discretion of the department.
Application Deadlines
Fall Term Deadline: International Applicants
- Priority Deadline – Feb. 1
- Final Deadline – May 1
Fall Term Deadline: Domestic/Permanent Residents
- Priority Deadline – March 1
- Final Deadline – August 1
Program Advisors Contact
Lee Business School
Andrew Zhang
Associate Professor and Director of MS in Quantitative Finance (MSQF) Program
702-895-2527
fin.director@unlv.edu
Prospective Student Contact
Lee Business School
Graduate Student Services
702-895-3655
LEEogss@unlv.edu
Catalog Information
Visit our Degrees Directory to view our catalog information.