Do you want to learn about:
- Investments — in particular the software, hardware, and quantitative tools used in the financial services industry?
- Mathematics and statistics to analyze portfolios of stocks and bonds, beyond the traditional security analysis methods — all of which may be required for careers in asset management (hedge funds, mutual funds, or financial advisors)?
- Receive training in Bloomberg and Thomson Reuters Eikon.
- Gain advanced statistical and modeling skills to greatly increase your marketability for high-paying jobs?
- Study common tools used to construct large financial data sets, using a variety of sources?
- Analyze data using both the SAS statistical suite and Microsoft Excel?
- Attend the Annual Finance Fellows Networking Night for one-on-one networking with dozens of industry professionals and potential mentors?
Russ Wermers is the faculty champion for this program.
CURRICULUM: ONE-YEAR PROGRAM
- Prerequisite: BMGT340 (Business Finance).
- Recommended (but not required): BMGT313 (Financial Statement Analysis) — Fall or Spring
- BMGT343 (Investments) required if not completed in a previous semester — Fall
- BMGT347 (Quantitative Financial Analysis) — Fall (Counts toward Finance major requirements)
- The course is divided into two conceptual segments: Constructing financial data sets and Analyzing financial data sets -using both the SAS statistical suite and Microsoft Excel.
- BMGT442F (Advanced Portfolio Management) — Spring
- This course focuses on quantitative methods of portfolio selection and is NOT a course on traditional security analysis. Use advanced econometric methods to form portfolios and backtest them to attempt to build a winning strategy. This course is very different from BMGT443, which focuses on classical ratios, such as the price to earnings ratio.
Examples of companies where Quantitative Finance fellows have interned or received full-time offers:
- Capital One Bank
- Goldman Sachs
- Lockheed Martin
- Be a finance major. You may apply if you are in the process of applying to Smith as an internal transfer student, but fellows admission would be contingent upon admission to the Smith School, College Park.
- Rising junior or senior.
- A grade of B- or better in BMGT340 (may complete either in current spring semester and admission is provisional contingent upon satisfactory completion of BMGT340)