Master i CY Tech Finance, Mathematics (Applied), Computing, Simulation
- Bachelor
- Master
- PostMaster
Official title: Master in Quantitative Finance and Risk Management
CY Tech
Training duration
2 years
Average academic cost found without insurance
14 000€
Accréditation:
Accreditation Provider: DGESIP
Prerequisite of the training
Bachelor (or equivalent)
Formation type
- Initial education
Domains
- Finance, Mathematics (Applied), Computing, Simulation
M1 section is taught by
- EISTI
M2 section is taught by
- EISTI
Training description
This Masters degree offers a 3-skilled approach, in Computer Science, Mathematics and Finance and covers the whole chain of quantitative finance, from theoretical aspects to the application in a professional setting. The chain can be described as follows:
- Description of the market and financial products
- Mathematical models of finance
- Mathematical models of risk
- Numerical resolution: computer-aided simulation
- Calibration and asset evaluation
M1 focuses on acquisition and development of tools in Quantitative Finance and Risk Management
Students who hold a Bachelor degree in applied mathematics, quantitative finance or a related discipline with a grade ≥ 3, can be exempted of M1 and can enter directly in M2
This Masters degree offers a 3-skilled approach, in Computer Science, Mathematics and Finance and covers the whole chain of quantitative finance, from theoretical aspects to the application in a professional setting. The chain can be described as follows:
- Description of the market and financial products
- Mathematical models of finance
- Mathematical models of risk
- Numerical resolution: computer-aided simulation
- Calibration and asset evaluation
M2 focuses on proficiency courses in Quantitative Finance and Risk Management
Master in Quantitative Finance and Risk Management
Language level prerequisites
The minimum language level required, namely : B1 in English will be verified no later than end of April, 2025 (to be confirmed in your academic offer)
Course language
Only English
Language requirement to graduate
English B2
M1 Part
Website
Location
EISTI
avenue du Parc 95000 CERGY
Average academic cost found without insurance
7000€
Core
| Credits | Hours | Language | |
|---|---|---|---|
| Measure and Integration | 2.00 | 20.00 | English |
| Functional Analysis | 3.00 | 30.00 | English |
| Stochastic Processes-Discrete/Continuous Time | 5.50 | 55.00 | English |
| Optimization | 2.50 | 25.00 | English |
| Jump Processes and Application | 3.00 | 30.00 | English |
| PDE | 3.00 | 30.00 | English |
| Monte Carlo Simulations | 3.00 | 30.00 | English |
| Finite Difference Computation | 2.50 | 25.00 | English |
| Calibration of Financial Models | 2.00 | 20.00 | English |
| Interdisciplinary Project | 5.00 | 50.00 | English |
| Risk Management in a mono-period Financial Market, Derivatives | 4.00 | 40.00 | English |
| Contingent Claim Valuation | 3.00 | 30.00 | English |
| Portfolio Management and Financial Risks | 3.00 | 30.00 | English |
| Mathematics Applied to Insurance | 3.00 | 30.00 | English |
| French as a Foreign Language/Cultural openness | 4.50 | 45.00 | French |
| Bloomberg Trading | 3.00 | 30.00 | English |
| Introduction to Quantitative Finance | 3.00 | 25.00 | English |
| VBA programming | 2.00 | 20.00 | English |
| C++ and Object Oriented Design | 3.00 | 30.00 | English |
M2 Part
Website
Location
EISTI
avenue du Parc 95000 CERGY
Average academic cost found without insurance
7000€
Core
| Credits | Hours | Language | |
|---|---|---|---|
| Mathematical Tools in Finance | 5.00 | 50.00 | English |
| Mathematical Statistics | 2.00 | 20.00 | English |
| Advanced Numerical Methods for PDE in Finance | 3.00 | 30.00 | English |
| Simulations | 2.50 | 25.00 | English |
| Calibration | 3.00 | 30.00 | English |
| Theory of Contingent Claims | 4.00 | 45.00 | English |
| Interest Rate, Exchange and Inflation Markets | 3.00 | 30.00 | English |
| Portfolio Management | 2.50 | 25.00 | English |
| Imperfect Markets | 1.50 | 20.00 | English |
| Dynamic Hedging and Risk Measures | 1.50 | 20.00 | English |
| Business Evaluation | 3.00 | 35.00 | English |
| Jump Processes in Finance and Simulation | 3.00 | 30.00 | English |
| Practical Portfolio Management and Contingent Claim | 1.50 | 20.00 | English |
| Practical Portfolio Management in Fixed Income | 1.50 | 20.00 | English |
| French as a Foreign Language/Cultural openness | 3.00 | 42.00 | French |
| Final Project | 10.00 | 150.00 | English |
Core
| Credits | Hours | Language | |
|---|---|---|---|
| Business Internship (from mid-April) of 22 weeks | 10.00 | 700.00 | French |
