University of Washington

Overview

The Bachelor of Science in Computational Finance and Risk Management (CFRM) at the University of Washington provides a comprehensive foundation in mathematics, statistics, and programming, equipping students to tackle real-world challenges in the finance sector. Through this program, you will explore how quantitative models aid decision-making in portfolio management, derivatives, and risk assessment.

• Degree level: Bachelor of Science (BS)
• Program focus: Mathematics, statistics, and computing for finance and risk
• Typical study length: 4 years (full-time)
• Delivery format: On-campus
• Language of instruction: English

What you'll study

Your coursework will be structured around four key areas: mathematics, computing, statistics for finance, and applied/quantitative finance. You will develop from foundational quantitative skills to advanced topics in finance modeling and risk analysis.

• Mathematics: Core mathematical techniques essential for quantitative modeling.
• Computing: Programming and problem-solving skills to manage data and construct models.
• Statistics for Finance: Statistical methods to navigate uncertainty and make inferences.
• Applied Mathematics: Tools and strategies for modeling, analysis, and quantitative reasoning.
• Quantitative Finance: Concepts related to portfolios, derivatives, and risk management.

Capstone / final project: Students are encouraged to verify the final project requirements by consulting the official program plan provided by the university.

Entry requirements

Note: Prospective students should check the latest admissions information on the official University of Washington CFRM website.

Academic requirements

• GPA: A minimum GPA is required, though the specific threshold is not detailed.
• Course preparation: Freshman applicants must demonstrate adequate preparation across six subject areas through self-reported coursework.

English requirements

• Duolingo English Test (DET): Minimum score of 110.
• TOEFL iBT: Minimum score of 76.
• IELTS: Minimum score of 6.0.

Other requirements

• Application essays: Applicants must respond to specific UW essay questions as part of the application process. For the Common App, only the UW-specific questions will be considered; the Common App essay will not be reviewed.
• SAT/ACT: The University of Washington does not require SAT/ACT scores for most applicants, though they may be required for homeschooled candidates or those from non-standard grading institutions.
• Transcripts: Do not send high school or college transcripts unless specifically requested by the Office of Admissions.

Career prospects

Upon graduation, students may find opportunities to work in various financial sectors, utilizing their skills in quantitative analysis, risk management, and financial modeling. Graduates are well-prepared to pursue careers in investment banking, risk assessment, financial consulting, and data analysis, among other fields. International graduates may also be eligible to work in the country of study, depending on immigration regulations and visa status.