The Module programme is a unique opportunity for young professionals seeking to strengthen their understanding and knowledge in quantitative finance to register for courses of the Advanced Master in Quantitative Finance to cater for your specific training objectives.
It is designed for young professionals who want to combine a full-time professional activity with a short-term, in-depth and practical training in specific areas as a means of bolstering their career and exploit their full potential.
The courses focus on applying quantitative finance knowledge to real-world problems and are given by highly respected academics and hands-on practitioners.
The Advanced Master in Quantitative Finance offers a unique set of quantitative tools in finance. Through a well-selected set of courses in Mathematics, Statistics / Econometrics, Finance, and Programming you will gain the all the necessary skills to become successful in your area of expertise whether this is Derivatives Analysis, Quantitative Asset Management or Quantitative Risk Management.
The Advanced Master in Quantitative Finance consists of 16 courses, and Modules can include between 2 and 4 courses among those. You may select a thematic module, such as a the Derivatives Specialist module, Quantitative Risk Management, Quantitative Asset Management module, or construct your own Customised module.
Participants may also take more than one Module per year or successive years.
The main objective is to train a new generation of quantitatively skilled financial professionals. You will gain cutting-edge knowledge in quantitative finance and learn to apply it to real-life problems. You will not only be exposed to some of the latest and most used techniques and models, but also understand their advantages and limitations.
Depending on your module of choice you will be able to:
- build asset management strategies
- construct robust asset portfolios
- evaluate portfolio risk quantitatively and qualitatively
- efficiently extract data from massive databases
- understand the valuation aspects of counterparty risk
- value and understand the trading of complex derivatives
The Module programme is targeted to young professionals who are looking to develop their quantitative skills and knowledge while pursuing their professional activity in parallel.
Candidates may apply on their own initiative or be sponsored by their employer seeking top-quality external training as a means of developing the effectiveness and the potential of their talented professionals.
Typically, the candidate’s background will be:
- Young professional in the first phase of his/her career in the financial sector or keen to direct his/her career towards the financial sector
- Sufficient academic background (generally master degree or equivalent diploma in a quantitative field or financial)
- The candidate’s academic background may be in finance, mathematics, physics or engineering.
- Some courses require a sufficient background in finance. Candidates who do not yet of such a background must include the course of Principles of Finance in the Module (contact us for details).
- Intellectual curiosity and discipline that are necessary to succeed in a very demanding environment
- Young professionals may also apply to register for modules of 2-4 courses instead of the whole programme. Contact us for details.
Proficiency in English necessary.
Modules can include between 2 and 4 courses among any of the 17 courses of the Advanced Master in Financial Markets.
A Fact Sheet for each course, including the outline and the structure of the course, as well as a short biography of the professor is accessible here:
You are able to construct your Module according to your needs and preferences. If you wish to focus on specific themes, several modules can be designed:
- The Derivatives Analyst Module offers a choice between the several courses covering different facets of derivatives pricing and hedging. The main relevant courses are: The underlying theory of derivatives pricing, the practice of derivatives portfolio management and field courses in Fixed Income, Credit Risk and Structured Products.
– Derivative Pricing Theory
– Derivative Pricing Practice
– Fixed Income
– Credit Risk / Product Structuring
- The Quantitative Asset Management Module includes up to five courses that focus on the key types of quantitative asset management: The underlying theory of asset pricing, applying asset pricing in practice with portfolio construction tools, the econometric techniques to evaluate asset pricing models and Structured Products based on portfolio solutions.
– Asset Pricing Theory
– Asset Pricing Practice I & II
– Financial Econometrics
– Estimation Theory / Product Structuring
- The Quantitative Risk Management Module includes four courses that focus on the key types of quantitative risk management: The underlying theory of derivatives pricing, the practice of risk management, econometric techniques needed for risk management and field courses in Fixed Income, Credit Risk and Structured Products.
– Derivative Pricing Theory
– Financial Econometrics
– Fixed Income
– Risk and Risk Management / Credit Risk / Product Structuring
- Customised Modules can be constructed if you so wish, focusing for instance on risk and financial regulation, on asset valuation, or on the broader framework within which financial institutions operate. Check out the full list of courses of the Advanced Master à link to course description
Some courses anticipate a sufficient background in finance and/or economics, which can be obtained, for instance, through the courses of Principle of Finance and Principles of Economics. This is reviewed with you in the context of your registration to ensure that you can draw maximum benefit from the courses.
Participants may also take more than one Module per year or in successive years. For the expected schedule of courses for 2016-17, see “Admissions”
The faculty consists of a fine-tuned and international combination of scholars and practitioners, from expert quants to high-profile managers. Some of the practitioners, to name but a few, are directors of central banks and heads of market-risk and derivatives structuring in large financial corporations.
The programme faculty includes:
- Andrew Threadgold
- Céline Vaessen
- Pierre Francotte
- Davy Paindaveine
- Juan Carlos Rodriguez
- Jeroen Kerkhof
- Olivier Scaillet
- Karim Marrakchi
- Thomas Alderweireld
- Wim Van Hyfte
- Siegfried Hörmann
Academic Director of the Advanced Master in Quantitative Finance
If you wish to register for a Module during the period September-May 2018-2019, please follow the four main steps of our admission procedure:
1- Complete and submit the online pre-enrolment form together with your CV.
2- Receive feedback on your eligibility from the Academic Director.
3- Have a personal interview with the Academic Director.
4- Receive feedback on your admission. If positive, please note that you will have two weeks to finalise your registration by:
– Completing, signing and sending back the admission documents
– Paying the tuition
The application deadline depends on the Module you select. If the first course of your Module is in:
- Term 1, the deadline is September 3, 2018
- Term 2, the deadline is early October 2018
- Term 3, the deadline is mid-January 2019
- Term 4, the deadline is late March 2019
For the schedule of Terms, see Schedule tab.
Module participants attend classes and take up exams together with Participants in the Advanced Master in Quantitative Finance.
Upon completion of the Module, Participants will be awarded by the Solvay Brussels School of Economics and Management a certificate of participation to the relevant courses and exams.
- Starting date: September 2018
- Location: Brussels
- Format: Afternoon (generally 2-9pm) or Saturday classes
- Language: English
- Length: For each 24-hour course: 8 classes of 3 hours over a period of 6 weeks (plus exam in following two weeks).
- Module of 2 courses: €3,500
- Module of 3 courses: €5,000
- Module of 4 courses: €6,000
- Module of 5 or more courses: €1,000 per complementary course (special arrangements available for companies – contact us for details)