The well-balanced curriculum builds strong quantitative skills combined with a solid knowledge base of the underlying theory of finance. Students acquire the necessary knowledge and skills to use mathematical models to understand complex financial problems.
A special focus lies on using the software 'R', an open source implementation of the language S for data analysis and visualisation. Students benefit from the expertise of the programs' faculty, which is strongly involved in the international development community of R.
The Science Track prepares students for an academic career in the field of finance, while the Industry Track focuses on a career as quants (analysts) in the finance industry, combining financial models with computational skills. You can specialize in the second year of your studies. In both tracks you will benefit from working together with our experienced faculty and from their strong academic networks and links to the finance industry.
The Master Quantitative Finance at WU (Vienna University of Economics and Business) attracts students from many places around the world which gives you the chance to experience a unique educational culture. The courses of the program have an international orientation and provide all the necessary knowledge and skills to start an international career.
Only the best applicants can join the program. An important part is learning in small groups which offers many possibilities to be in contact with and get support from the faculty – both inside and outside the classroom.
Graduates of the Master Quantitative Finance are qualified to be tomorrow's experts in the increasingly complex world of finance, e.g. in:
credit and market risk management
treasury and trading
research and technical analysis
Graduates also qualify for a relevant Doctoral or PhD program. Students who want to pursue an academic career are strongly encouraged to choose the Science Track to be well qualified.
Financial Markets and Instruments
Principles of Finance
Continuous Time Finance 1
You can apply until:
Always verify the dates on the programme website.
You only need to take one of these language tests:
Minimum required score:
The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.Take IELTS test
Minimum required score:
The TOEFL – or Test Of English as a Foreign Language – offers an internet-based test (iBT). The final, overall iBT score ranges between 0 and 120, and includes a scaled average from the four components (reading, listening, speaking, and writing). Read more about TOEFL (iBT).
1. Relevant Bachelor's program
English as native language
Full Bachelor's program done in English (at least three years, university confirmation required)
3. Further skills and knowledge
4. Achievement potential:
Valid GMAT or
Valid Graduate Record Examinations (GRE)
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.
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