Curriculum

The Credit System

The program comprises 9 core courses and (a list of) elective courses. Any course of the program is either from the field "Economic Theory for Finance" (EF) or from the field "Mathematical Methods for Finance" (MF). Each student needs to acquire at least 90 ECTS credit points as follows:

  • 33 ECTS credit points from the core courses, of which
    • at least 9 ECTS credit points should be from the field EF and
    • at least 9 ECTS credit points should be from the field MF
    If a student has acquired more than 33 ECTS credit points from the core courses, his additional points can only be credited to the elective courses (only complete modules).
  • 27 ECTS credit points from the elective courses, of which
    • at least 9 ECTS credit points should be from the field EF and
    • at least 9 ECTS credit points should be from the field MF
  • 30 ECTS credit points from the Master's thesis.

 

External Credits: Students undertaking the Master of Science UZH ETH in Quantitative Finance may submit petitions to transfer credits from courses that are not part of the degree program.

Courses

Core Courses

All 9 core courses are offered once in each academic year as follows:

  Economic Theory for Finance (EF) Mathematical Methods for Finance (MF)
Fall Corporate Finance (PDF, 15 KB) Mathematical Foundations for Finance (PDF, 70 KB)
Economic Foundations for Finance (PDF, 71 KB) Financial Engineering (PDF, 35 KB)
Spring   Advanced Financial Economics (PDF, 69 KB) Continuous Time Quantitative Finance (PDF, 67 KB)
Asset Management: Advanced Investments (PDF, 71 KB) Quantitative Risk Management (PDF, 68 KB)
  Computational Methods for Quantitative Finance: PDE Methods (PDF, 70 KB)

Elective Courses

The list of elective courses

  • might change from year to year; and
  • is verified annually by the Steering Committee of the program.

Master's Thesis

  • The program will encourage links with the professional community through the Master's thesis projects.
  • Some of these projects may be initiated by firms who submit research proposals. Participants may spend the summer working as interns in those firms while writing their Master's thesis.
  • The final presentation consists of a colloquium, where participants present their Master's thesis.

Examination

Course Examination

  • In principle, there will be examinations following each mandatory, specialized or optional course.
  • Each responsible faculty member can decide to attribute the final grade for his/her course based only on project assessments, on class participation as well as on graded interim homework.
  • The ECTS credit points will be given to those participants whose final grade indicates that they passed the course.

Repeating Examination

  • Every examination can be repeated while the number of total failures of exams is not allowed to exceed 6 (six).
  • If an enrolled student fails 7 (seven) exams then he/she will be excluded from the program.

Final Grade and Diploma

  • The final grade will be a weighted average (based on the corresponding ECTS credit points) of the grades obtained from the courses and from the Master's thesis.
  • The diploma will be a joint diploma awarded by the University of Zurich and ETH Zurich.