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Master of Science in Quantitative Finance (MSQF)

Eight Reasons to Get a Master's Degree in Quantitative Finance (MSQF) at UNLV:

  • The most innovative program that prepares students for the future of finance.
  • Preparation for obtaining the Chartered Financial Analyst (CFA) designation, one of the highest distinctions in the investment management profession.
  • Courses taught by research-active faculty with Ph.D. degrees from reputable universities who bring the most current subject knowledge into the classroom
  • 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 that hold dual accreditation in business and accounting by AACSB.
  • The MSQF program is innovative, leading-edge, affordable, and can be completed in 12- months.
  • A STEM-designated program allows international students to work in the U.S. for 36 months without a work visa.
  • Prepares students to apply mathematical and computational methods to develop and exploit financial opportunities for return enhancement and risk control.
  • A dual MBA/MSQF degree option is available.

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Lee Business School

Program Snapshot

30
Credits needed to complete program
18
Core credits
12
Elective credits
Full-time option
12-months with a fall semester start

Culminating Experience and Graduation Requirements

A capstone project is a required culminating experience for the MSQF program and should apply knowledge obtained from the coursework to a project involving significant data analysis using large financial datasets. The capstone project will be a group project of 4-5 students working on a company project or research project identified by faculty or the students. To graduate, a minimum of 30 credit hours of MSQF program course work (excluding prerequisites) is required with an overall GPA of at least 3.00.

Class Availability

Courses will be offered primarily in the late afternoon or early evening and meet once or twice a week.

Financial Strategies and Quantitative Methods Combined in This Specialized Degree

UNLV’s MSQF program is perfect for those who seek to develop a solid understanding of advanced analytical skills used for decision-making. You will obtain strong knowledge of finance, learn advanced statistical and econometric skills to analyze large financial datasets, and gain exposure to the latest fintech applications. The program provides students with the skills required to calculate risk in a portfolio, predict commodity prices, price mortgage-backed securities, create algorithmic trading strategies, and develop and validate models for risk.

Anthony Levesque Headshot
"I chose the UNLV MSQF program because of the great faculty and opportunity that are encompassed in the program. Since starting this program, I have been hired as a decentralized financial analyst for Crypto, and I am starting my own business. I look forward to a prosperous career that will use the many great skills I learned while studying at UNLV. I appreciate and am grateful for UNLV and highly recommend prospective students enroll in the MSQF program."

Anthony Levesque
MSQF Alumni, Summer ‘22

Applicant Requirements

Satisfactory GMAT or GRE score is required. Preference is given to applicants with GMAT scores above 550 (or the GRE equivalent). 
Successful applicants need to have earned a B grade (or equivalent) in the following courses (or equivalent courses):

  • Introductory Finance (FIN 301)
  • Introductory Financial Accounting (ACC 201)
  • Introductory Microeconomics (ECON 102)
  • Introductory Statistics (ECON 261)
  • Introductory Mathematical Economics (ECON 440) or Calculus (Math 181)

Interested students, regardless of undergraduate major, are encouraged to apply. Applicants with undergraduate degrees in business or quantitative areas (such as Engineering, Mathematics, and Physics) can likely spend less time fulfilling the prerequisite requirements. But applicants without a business or quantitative background, after satisfactorily completing the prerequisite requirements, can certainly succeed in the program. The program is targeted at full-time students, but part-time enrollment is feasible with a longer time frame for completion. Students can apply for admission before all prerequisites have been met, but they must complete the prerequisite courses prior to starting the program.

Integrated BS-MS Subplan Admission Requirements

The Accelerated BS-MS degree program is designed to provide high-achieving UNLV Finance undergraduate students with the opportunity to take graduate courses that can count toward both the B.S. and MSQF degree programs at UNLV.

Up to six credits of approved graduate-level coursework, with a grade of C or better, can be taken as 400-level electives and those credits will be waived for the graduate degree. 

Students must meet all of the following criteria to be eligible for the Accelerated Program subplan:

  • Completion of FIN 303 and FIN 307 with a minimum grade of B for both courses.
  • Submission of a completed UNLV Graduate College Approval for an Undergraduate to Enroll in a Graduate-Level Course form to the Graduate College, no less than two weeks before the beginning of the semester for which they would like to register for graduate courses.
  • All admissions to Subplan 2 (Accelerated BS-MS subplan) will be conditional on earning a B or better in the 700-level courses in which they are enrolled while in undergraduate status.
  • All domestic and international applicants must review and follow the Graduate College Admission and Registration Requirements. 
  • Students are accepted into a degree program as described in the Graduate Catalog.

The faculty and corresponding sub-disciplines and sub-plans within the described programs are subject to change at any time.

Application Deadlines

Fall Term:
May 1 – International applicants
June 1 – Domestic or permanent residence applicants

Priority Deadline 1 – February 1
Priority Deadline 2 – March 1

Spring Term:
This program does not admit students for the spring term.

Summer Term:
This program does not admit students for the summer term

Tuition and Fees

Estimated Program Tuition and Fees for 30 Credits of MSQF Coursework

  • Nevada Residents: $21,152.00
  • Out-of-State U.S. Residents: $39,259.00
  • International Residents: $39,549.00

Estimated Additional Expenses

  • Other UNLV Related Fees: $1,240 per year
  • Health Insurance (full time students): $2,892 per year [Fall, Spring, Summer]
  • Rent, Utilities, Food: $ 7,644 per year
  • Travel and Miscellaneous Personal Expenses: $6,596 per year

Faculty

Courses required for the Master of Science in Qualitative Finance degree are taught by research-active faculty with Ph.D. degrees from reputable universities who bring the most current subject knowledge into the classroom. For more details about the faculty, visit the Faculty/Staff Directory page.

  • Saeyoung Chang, Ph.D.
    Finance, Ohio State University; M.B.A, Indiana University
  • J. Daniel Chi, Ph.D.
    Finance, Texas A&M University; M.B.A, Idaho State University
  • Xin Fan, Ph.D.
    Finance, University of Pittsburgh
  • Steven Ho, Ph.D.
    Finance, University of North Carolina at Chapel Hill; M.A. Statistics, Yale University
  • Melvin (Mel) Jameson, Ph.D.
    Economics, M.A. Statistics, University of California – Berkeley
  • Percy Poon, Ph.D.
    Finance, Louisiana State University; M.B.A, Texas State University
  • Michael Sullivan, Ph.D.
    Finance, Florida State University; M.B.A, University of Florida
  • Jianzhong (Andrew) Zhang, Ph.D.
    Finance, University of Arizona; M.B.A, University of Louisiana

Advanced Quantitative Methods — More Career Opportunities

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.

Career Options

With your dual MBA/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
Lucas Gutierrez Headshot
"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

Program Advisors Contact

Lee Business School
Andrew Zhang
Associate Professor and Director of MS in Quantitative Finance (MSQF) Program
702-895-3493
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.