BUFFALO -- The University at Buffalo School of Management is
offering a new concentration that can help students land jobs as
quantitative analysts -- or "quants" -- the latest variety of Wall
Street rock stars.
Quants are specialists who use their expertise in mathematics,
finance and statistics to identify and solve complex issues for
financial institutions. They have been called "the rock stars on
the Street" by Phil Albinus, editor-in-chief of Advanced Trading,
because "the more volatile the markets, the more valuable
quantitative analysts become."
The new quantitative finance track for Master of Science
students in the UB School of Management offers various techniques
and mathematical methods in finance, which will help students train
for careers as quantitative analysts.
"There is a high demand for graduates in this field, which makes
the concentration an attractive option," says David Frasier,
assistant dean and director of graduate programs in the School of
Management. "Starting salaries are also attractive -- ranging in
the upper five figures to low six figures."
"Financial markets have become more volatile and financial
instruments more complex in recent decades," says Kee Chung, chair
of the school's Department of Finance and Managerial Economics
Department. "The quantitative track in our MS Finance program
provides students with training to effectively manage risks and
accurately assess the value of complex securities.
"In addition, our students will have the opportunity to interact
with industry executives through our Summer Finance Institute
program, which will supplement the academic year course work,"
Other career options for graduates of the quantitative finance
concentration include investment banking, trading, portfolio
management and investment advisement.
For more information about master's degree programs at the
School of Management, contact the Graduate Programs Office at email@example.com or
The UB School of Management is recognized for its emphasis on
real-world learning, community and economic impact, and the global
perspective of its faculty, students and alumni. The school has
been ranked by Bloomberg Businessweek, the Financial Times, Forbes,
U.S. News & World Report and The Wall Street Journal for the
quality of its programs and the return on investment it provides
its graduates. For more information about the UB School of
Management, visit http://mgt.buffalo.edu.