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Jeevan Teja Araveti '24: Quantitative Finance

Finance: Quantitative Finance
MS

Quantitative Finance Concentration (STEM program)

The Master of Science in Finance (MSF) with a quantitative finance concentration is a 10-course, 30-credit degree program. The concentration has a mathematical and capital market focus that will appeal to students interested in quantitative financial analysis, risk management, investment management, and financial technology careers.

The quantitative finance concentration is STEM (science, technology, engineering, and math)-designated, offering students on a VISA an extended OPT upon completion of the degree.

Career opportunities

The MSF program prepares you for various career opportunities, including:

  • a financial analyst working for commercial banks, brokerage firms, insurance companies, and in government
  • a securities, commodities, and financial services sales agent working for brokerage firms, investment banks, and trading companies
  • a financial manager or personal financial advisor

Student success

Charlton graduate student mean starting salary

NACE Data Collection of Class of 2025 Graduate Alumni
Jeevan Araveti pictured in front of a Bloomberg Terminal in the Charlton Technology Center

Student spotlight

Jeevan Teja Araveti '24: Master of finance

"The master's in finance with a quantitative finance concentration strategically overlaps with the Chartered Financial Analyst (CFA) curriculum, making the program of study the perfect fit for my goals."

Required courses

  • ACT 670: Financial Statement Analysis
  • FIN 650: Finance for Decision Making
  • FIN 655: Quantitative Methods in Finance
  • FIN 670: Investment Analysis
  • FIN 672: International Financial Management
  • FIN 691: Options, Futures, and other Derivatives
  • FIN 698: Financial Institutions Management

Elective courses

Students may choose three electives from the following courses

  • FIN 675: Fixed Income Analysis
  • FIN 692: Financial Risk Management
  • FIN 693: Advanced Corporate Finance
  • FIN 697: Financial Modeling
  • Other graduate course in mathematics, statistics, computer science, or data analytics approved by the program coordinator

Prerequisites or additional requirements (as needed)

  • ACT 500: Financial Accounting
  • FIN 500: Economic Concepts for Managers
  • POM 500: Statistical Analysis

Course descriptions, schedules and requirements

Admissions requirements

To apply please create an account in our Applicant Portal. You will need to submit:

  • Application form
  • $60 application fee (non-refundable)
  • Statement of Purpose (minimum 300 words)
  • Resume
  • Transcripts for all post-secondary institutions attended (regardless of whether a credential is earned or not)
  • English Proficiency test scores:TOEFL, IELTS, Duolingo, or PTE Academic (if applicable)
  • Letter(s) of Recommendation (see program requirements for more information)
  • GRE/GMAT (not required for most programs, see program requirements for more information)

Unofficial transcripts and test scores are accepted for application review but official documents are required for enrollment, please have documents (ie. test scores) sent prior to the expiration. 

Program-specific requirements

Candidates must submit the required application materials, university requirements and program-specific requirements, for consideration.

  • GMAT, LSAT or GRE score (minimum score of 500). Alternatively, some applicants may qualify for GMAT waiver.
  • 2 letters of recommendation: preferably from a faculty member or an employer. Applicants will be required to provide each recommender's name and email address so we can contact the recommender for the letter of recommendation.
  • International students should have a minimum English Proficiency score of TOEFL iBT 80 (New TOEFL 2026 score of 4), IELTS 6.5, Duolingo 110 or the Pearsons PTE Academic 58.

Application dates

International (F-1) students who receive science, technology, engineering, and mathematics (STEM) degrees may be eligible to apply for a 24-month extension of their post-completion optional practical training (OPT). To learn about the eligibility criteria and detailed steps to apply, please review the International Student & Scholar Center (ISSC) OPT page and USCIS resources. F-1 students must consult with the ISSC to apply for STEM OPT.

UMassD Charlton College of Business is AACSB Accredited

Charlton is proud to be one of less than 6% of business schools worldwide to earn AACSB accreditation, the gold standard for business schools.