Master in Quantitative Investment Management

Frederiction

 

INTAKE: September

Program Overview

The University of New Brunswick offers a prestigious Master in Quantitative Investment Management program designed to equip students with the knowledge and skills necessary to excel in the field of quantitative finance.

Overview:

The Master in Quantitative Investment Management program at the University of New Brunswick is a rigorous graduate program that focuses on the application of quantitative methods in investment analysis and portfolio management. The program integrates finance, mathematics, statistics, and computer science, providing students with a comprehensive understanding of quantitative techniques used in the investment industry.

Curriculum:

  1. Core Courses in Finance and Investment: The program begins with core courses that cover essential topics in finance and investment, including financial markets and instruments, portfolio management, risk management, and financial modeling. These courses provide students with a solid foundation in investment principles and practices.

  2. Quantitative Methods and Data Analysis: The program emphasizes quantitative methods and data analysis techniques used in investment management. Students learn statistical analysis, econometrics, time series analysis, optimization methods, and programming languages commonly used in quantitative finance, such as R or Python.

  3. Financial Mathematics: The program includes courses that delve into financial mathematics, covering topics such as derivative pricing, stochastic calculus, and mathematical modeling of financial markets. Students gain a deep understanding of the mathematical foundations underlying investment strategies and risk management techniques.

  4. Algorithmic Trading and High-Frequency Finance: The program explores the rapidly evolving field of algorithmic trading and high-frequency finance. Students learn about automated trading strategies, market microstructure, and the use of advanced technologies in trading and execution.

  5. Risk Management and Portfolio Optimization: Students gain insights into risk management techniques and portfolio optimization methods. They learn how to assess and manage various types of risk, construct optimal portfolios, and apply modern portfolio theory in practice.

  6. Capstone Project or Internship: The program culminates in a capstone project or internship, providing students with an opportunity to apply their knowledge and skills to real-world investment management challenges. This practical experience enhances students' problem-solving abilities and prepares them for the demands of the industry.

Pollster Education

Location

Frederiction

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

CAD 40000

Application Fees : CAD$ 125

Postgraduate Programs: For admission to postgraduate programs at UNB as an international student, you should meet the following requirements:

  1. Academic Qualifications: A minimum of 70% overall in your undergraduate degree is typically required. Some programs may have higher admission requirements or specific prerequisites.
  2. English Language Proficiency: International students must demonstrate English language proficiency by achieving a minimum overall score of 7 on the IELTS. Other accepted English language tests may include TOEFL or PTE, with specific score requirements mentioned by the university.
  3. Standardized Tests: Some postgraduate programs may require additional standardized tests such as the Graduate Record Examination (GRE) or the Graduate Management Admission Test (GMAT). Generally, a GRE score of 306 or higher is expected for most programs, while some programs may require a GMAT score of 550. Certain specialized programs might have a higher GMAT requirement of 600.

It's important to note that meeting the minimum entry requirements does not guarantee admission to the University of New Brunswick. Admissions decisions are based on a holistic evaluation of your application, including academic qualifications, English language proficiency, standardized test scores, recommendation letters, and statement of purpose.

 

The University of New Brunswick (UNB) offers several scholarships and financial aid opportunities to support international students in their academic journey. These scholarships are awarded based on various criteria such as academic excellence, extracurricular achievements, and financial need. 

  1. UNB International Excellence Scholarships: These scholarships are awarded to international undergraduate students who demonstrate academic excellence. The scholarship values range from $8,000 to $35,000 CAD and are renewable for up to four years of study.

  2. Entrance Scholarships for International Students: UNB offers a range of entrance scholarships specifically for international students entering undergraduate programs. These scholarships are based on academic achievement and vary in value.

  3. International Baccalaureate Scholarships: UNB recognizes the achievements of international students who have completed the International Baccalaureate (IB) program. Scholarships ranging from $1,000 to $5,000 CAD are awarded to eligible IB graduates.

  4. Study Abroad Scholarships: UNB provides scholarships for international students who wish to participate in study abroad programs. These scholarships help cover the costs of tuition, travel, and living expenses during the study abroad experience.

  5. Graduate Scholarships and Assistantships: UNB offers a range of scholarships and assistantships for international students pursuing graduate studies. These include merit-based scholarships, research assistantships, teaching assistantships, and department-specific scholarships.

  6. External Scholarships: UNB also encourages international students to explore external scholarship opportunities from government agencies, foundations, and organizations in their home countries. The university provides support and guidance in finding and applying for these scholarships.

It's important to note that scholarship availability, eligibility criteria, and application deadlines may vary. Therefore, prospective international students are advised to visit the official website of the University of New Brunswick and the specific scholarship pages for the most up-to-date information.

Applying for scholarships at UNB typically requires a separate application or consideration during the admission process. Students are encouraged to submit their scholarship applications well in advance to meet the deadlines and increase their chances of receiving financial assistance.

 

Graduates of the Master in Quantitative Investment Management program from the University of New Brunswick have excellent career prospects in the financial industry. Some potential career paths include:

  1. Quantitative Analyst: Graduates can pursue roles as quantitative analysts, responsible for developing and implementing quantitative investment models, conducting data analysis, and providing insights to support investment decision-making.

  2. Portfolio Manager: Graduates can work as portfolio managers, responsible for constructing and managing investment portfolios, analyzing market trends, and optimizing risk-return trade-offs.

  3. Risk Analyst: Graduates can pursue careers as risk analysts, assessing and managing investment risks, implementing risk management strategies, and ensuring regulatory compliance.

  4. Investment Strategist: Graduates can work as investment strategists, conducting research on investment trends, developing investment strategies, and providing investment recommendations to clients or firms.

  5. Financial Data Analyst: Graduates can work in financial data analysis roles, utilizing their quantitative skills to analyze large datasets, develop financial models, and extract insights for investment purposes.

  6. Quantitative Researcher: Graduates can pursue roles as quantitative researchers, conducting academic or industry-driven research in quantitative finance, developing new investment strategies, and contributing to the advancement of the field.


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