Master in Quantitative Investment Management 

  • Degrees Offered: Masters (MQIM) 
  • Application Deadline: March 31 
  • Study Options: Course work and research paper or an internship. 
  • Duration: One year
  • Entry Terms: Fall Only, Pre-term Boot-Camp starting in August. 

Data science for finance: this is the best way to describe our Master in Quantitative Investment Management (MQIM) program. This one-of-a-kind one-year graduate program will prepare you for a specialized career in quantitative investment management. The program equips graduates with the fundamentals of finance knowledge combined with analytic and programming skills, as well as professional development competencies demanded by the finance industry. 

Quantitative Investment Management integrates tools from finance, economics, applied mathematics, statistics and computer programming to address problems in derivative securities valuation, dynamic investment strategies and risk management. These skills are sought by investment and commercial banks, trading companies, hedge funds, insurance companies, corporate risk managers and regulatory agencies. 

After completing the MQIM you will be qualified for positions such as: 

  • Analyst 
  • Data Scientist
  • Portfolio or risk manager/associate
  • Quantitative analyst or developer
  • Trading associate

You will be qualified to work for pension funds, hedge funds, investment consulting firms, investment and commercial banks, insurance companies, and regulatory agencies, as well as any company that hires data analysts. Quantitative investment skills are in high demand! 

Application requirements

  1. Bachelor's degree from a recognized university with a B average or minimum cumulative grade point average (CGPA) of 3.0 out of 4.3. Preference will be given to applicants with degrees in mathematics, statistics, computer science, science, engineering, business or economics.  
  2. Minimum GMAT of 600 or equivalent GRE result and a strong quantitative background. 
  3. Computer programming skills are preferred. 
  4. Successful completion of a university-level economics course. 
  5. If English is not your first language, an official TOEFL (minimum score 92/120) or IELTS result (minimum score of 7/9) 
  6. List of documents required: 
    • Transcripts of all undergraduate and graduate work. (Note: unofficial transcripts may be submitted for review process; official transcripts will be required following acceptance into the program. Grading scales must be included.)
    • Statement of Purpose
    • Resume
    • Official GMAT, or corresponding GRE result (the GMAT can be waived if certain criteria are met).
    • Three reference letters.
    • A completed application 

Contact us

For more information, contact mqim@unb.ca 

Related: Faculty of Management

MQIM Information Sheet