Master Program in IT for Finance
Program offered in English

The “IT for Finance” major trains specialists in the areas of computational and quantitative finance, collectively known as QUANTS.

Head of Department :

Dr. Johannes Gomolka

Johannes GOMOLKA

 

Master Program in IT for Finance
Program offered in English

The “IT for Finance” major trains specialists in the areas of computational and quantitative finance, collectively known as QUANTS.

Head of Department :

Dr. Johannes Gomolka

Johannes GOMOLKA

 

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Program Description

The “IT for Finance” major trains specialists in the areas of computational and quantitative finance, collectively known as QUANTS.

The course provides in-depth knowledge of IT infrastructure and the organization of modern financial markets, addressing the IT operations of financial market participants.

This includes an introduction to the computer systems and hardware of investment banks, mutual funds or hedge funds, brokerages dealers, but also financial exchanges and clearing corporations, and custodians, regulators, and other market entities. 

This knowledge of infrastructure and organization is the basis on which students construct software programs for financial market firms.

While other programs focus on computational finance, developing mathematical, numerical models for trading solutions only, EFREI privileges the practical construction and implementation of financial market software, from an engineering point of view:

applying programming languages and financial protocols in developing financial market software while understanding the context of applications.

Emphasizing solid numerical and mathematical methods the program includes advanced knowledge on financial market risk, econometrics and statistics, as well as the application of such models in advanced testing and simulation environments, such as Monte Carlo Simulations, stress testing or portfolio optimization problems, but also execution and order management algorithms.  

Learning Objectives

  • IT infrastructure of financial markets (hard- and software)   
  • Functioning of financial markets 
  • IT Implementation (programming and operating software on different platforms)  
  • Analysis of mathematical, numerical optimization problems  
  • Ability to adapt to quantitative approaches into software coding 

Career Options

  • Quantitative Finance Developer 
  • Quantitative Finance Trader 
  • Quantitative Finance Analyst 
  • Software Developer Financial Applications 
  • Business Analyst for Financial Applications 
  • Technical Advisors for hard- and software on financial markets 
  • IT Support Analysts 
  • Specialist for Back office Operations in Banking, Exchanges or Custodians 
  • Doctoral Studies.