Quantitative Finance

Quantitative Finance is an area of modern finance involved in applying quantitative methods to analyses related to financial investment, and in financial-market forecasting. The curriculum includes statistical and quantitative methods that are used in the financial sector, but can also be used in other sectors of the economy. 

Quantitative Finance graduates can find jobs in the banking and financial sectors. The skills developed during the studies also enable them to work as quantitative analysts in other industries.

The four main pillars of the curriculum are: risk management, corporate finance, financial-instrument pricing, and statistical methods.

Full-time second-cycle studies in English

Programme:

Basic Information:

•    field of study: computer science and economic analysis

•     field of study name: Quantitative Finance
•     field of study: full-time second-cycle studies of general academic profile
•     leading discipline: economy and finance

QUALIFICATION PRINCIPLES:

Full-time second-cycle studies in the Quantitative Finance major last four semesters.

The admission to this field of study is open to graduates of public and non-public higher education institutions who hold a diploma of completion of first-cycle studies, second-cycle studies, uniform master's studies or equivalent degree in social sciences, science studies, natural sciences or engineering and technical sciences.
Quantitative Finance candidates should present the transcript of records, which includes the following subjects:

• Basics of calculus
• Basics of linear algebra
• Basics of financial mathematics (time-value of money)

Additional subjects:

• Microeconomics
• Macroeconomics
• Basics of probability theory

 The following documents are required of candidates eligible for admission to a second degree programme in English:

1. application form (according to the established form),
2. a university diploma available for inspection during the recruitment procedure; on the basis of this document, the University will prepare a certified copy and the copy will be returned; 
   candidates who graduated from higher education abroad are required to submit a legalized or apostille original of the diploma,
3. a certificate of the cumulative grade point average from the studies being the basis for applying for admission to second-cycle studies conducted in English at PUEB,
4. a personal questionnaire with the candidate's photo (according to the established form),
5. a document confirming a change of surname (applies to persons whose surname is different from their current surname),
6. translation of the diploma into Polish or English by a sworn translator (applies to candidates who have a diploma issued in a language other than Polish or English),
7. proof of payment of the recruitment fee (recruitment fee),
8. a document confirming knowledge of English at the required level:
   
   • IELTS certificate obtained not earlier than in 2022 with an overall score of at least 7.0; or 6.5; or
   • TOEFL ibt certificate obtained not earlier than in 2022 with a minimum score of 95 points; or
   • TOEIC certificate obtained not earlier than in 2022 with a minimum score of 800 points; or
   • other certificate accepted by the International Relations Office upon verification. 
   Candidates who are exempt from presenting the certificate are native speakers of English.
   Foreigners who do not possess any of the above documents are required to obtain an official confirmation from their University stating that their level of proficiency in English allows them to study in that language.
9. a photocopy of health insurance policy or European Health Insurance Card for a given academic year or a confirmation of enrolment in the national health insurance within the meaning of the Act of 27 August 2004 on health care services financed from public funds (i.e. Journal of Laws of 2021, item 1285, as amended) or a confirmation that an insurer covers the costs of medical treatment in the territory of the Republic of Poland,
10. certificate of Polish origin (applies to foreigners who indicated in the electronic application that they are of Polish origin),
11. a confirmed photocopy of a document entitling to free education in English - submitted by foreigners referred to in Article 324, para. 1 of the Law on Higher Education and Science.

Recruitment stages:

• In the first stage of recruitment, candidates apply online. Personal data and recruitment data are entered on the form.  The online application is a compulsory part of the recruitment process. In the first stage of recruitment, candidates also pay a recruitment fee.

After the closing date for applications, the Directional Recruitment Committees announce ranking lists and point limits designating groups of candidates qualified to submit documents.

• In the second stage of recruitment, candidates submit the required documents. If the documentation submitted by a candidate is complete, that candidate is admitted to the degree programme.

DEADLINES FOR ELECTRONIC APPLICATIONS:

Electronic enrolment for full-time second degree programmes taught in English will begin from 5 April 2024. 

Deadlines for electronic applications - by 29 July 2024

Deadline for payment of the recruitment fee (date of receipt into the designated bank account of PUEB) - by 29 July 2024

Announcement of ranking lists - 5 August 2024

Deadline for receipt of documents from candidates eligible for admission - by 14 August 2024.

Results - 22 September 2024 (late afternoon). 

FEES:

Admission to the recruitment procedure for a particular course of study is contingent on the candidate paying the application fee for the course of study. Applications for individual fields of study are considered separately, therefore candidates who wish to apply for admission to more than one field of study should pay a separate recruitment fee for each of their applications. Applications without an enrolment fee will not be considered.

The recruitment fee for one application in 2024 is PLN 85.

PLEASE NOTE: The University does not refund the enrolment fee.

Tuition fee for second-cycle study programmes (years I - II) taught in English is PLN 6450 per semester. 

Transfer details are in the "Payment" tab.

SPECIFIC PROVISIONS:

The conditions and procedure for recruitment to the first year of full-time second degree studies at the Poznań University of Economics in the academic year 2023/2024 are set out in Resolution No. 43 (2022/2023) of 30 June 2023.