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What will I learn?

As financial markets become more complex and sophisticated, higher level mathematical knowledge is required to better understand and analyze financial models and products and to mitigate risk. In the past thirty years, quantitative finance has developed into an active and fully-fledged branch of mathematics. The objective of the programme is to provide advanced coursework-based training in quantitative finance. Graduates of the programme are expected to acquire advanced knowledge in quantitative finance which will enable them to meet the growing demands by the financial sector for professionals with in-depth knowledge in quantitative finance. Elective modules offered by the Department of Economics and the Department of Statistics and Applied Probability provide the opportunity for the student to broaden and deepen his understanding of the background and implications of the use of quantitative methods in the financial industry.

Program Structure:

Designed for students with a strong background in the mathematical sciences who wish to enhance their professional skills and qualifications in quantitative finance at postgraduate level, this programme is a 40-modular credit (MC) programme consisting of six essential modules and four elective modules. Each module is a semester-long course, generally requiring 3 hours of lecture per week for 13 weeks. A student who enrolls fulltime in the programme can complete it within one year (two regular semesters plus two special terms) while a part-time student may take two to four years.

Which department am I in?

Faculty of Science

Study options

Full Time (1 year)

Tuition fees
SG$20,350.00 (11,49,068) per year
Start date

Expected August 2022


Faculty of Science

Block S16, Level 9,

6 Science Drive 2,

117546, Singapore

Entry requirements

For students from United States

Applicants require a Bachelor’s degree with honours or equivalent, in a relevant discipline; or a Bachelor’s degree with a relevant Graduate Diploma/Graduate Certificate with a minimum CAP of 3.00. English Language Requirements: TOEFL score is required: 85 for the internet-based test (with a minimum score of 22 for the writing section); or 580 for the paper-based test; or 237 for the computer-based test; an IELTS score of 6.0.

For international students

An applicant must possess or expect to obtain an Honours degree (or a 4-year Bachelor's degree) in a discipline with strong quantitative training such as mathematics, statistics, economic, finance, computer science, engineering, physical sciences, or equivalent degrees with strong mathematical background. An applicant whose native tongue or medium of undergraduate instruction is not English must complete the TOEFL, IELTS, or Diagnostic English Test (DET) administered by the NUS Centre for English Language Communication. The minimum acceptable scores are: TOEFL – 580, IELTS – 6, and DET – pass.


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