- I really enjoy the aspect of quantitative finance because it fuses mathematics from the physical sciences in a commercial setting.
- It lies on an intersection of three disciplines:
mathematics, finance, and programming, and I'm kind of interested in all of them at the same time.
Does this thing really exist?
Yes, it exists. It's called
quantitative finance.
- Now, I wanted to do something
which involved maths,
and coding, and finance,
and UTS has just that exact combination.
- So we're very proud of our
Master of Quantitative Finance
because it's actually quite
distinct from a lot of degrees.
All the subjects
in our main Master of
Quantitative Finance curriculum
are taught only to
students in that degree.
We can actually use the mathematics
at an appropriate level
of sophistications,
rather than catering to a much
broader class of students,
which perhaps don't
have all the preparation
that is necessary.
- The subjects were very relevant
to what the industry looks for in a quant,
particularly in model
validation, model development,
pricing libraries.
The languages which UTS teaches
in terms of C++, VBA, Excel,
those are exactly what
the industry is asking.
- The Master of Quantitative Finance
is now nearly 20 years old,
but that doesn't mean
that we're still teaching
the same subjects
in the same way that we
were teaching 20 years ago.
One of the important changes that came in
were the various valuation
adjustments, the so-called XVAs,
that were introduced in the industry.
They are now covered in the subject.
More recently, of course, machine
learning, neural networks,
and the like have become
very important tools
in many areas of application.
And we are applying
machine learning techniques
to quantitative finance
problems in this degree.
- The preparation that UTS gave us
in terms of the industry
requirements was just awesome.
They provided notes,
they gave us a lot of
guidance during class,
the assignments were really useful.
- The quality of teaching
at UTS is very high.
Being associated with the
Quant Finance Research Centre
has well meant that we
had dedicated professors
that really knew their subject matter
and were really approachable.
And you really get dedicated time
with tutors and your professors,
and that helps with growing and learning.
- Traditionally, you'd expect them
to become quant analysts in a bank,
but the areas of potential careers
are actually much broader than that.
We've had people go to fund
managers, including hedge funds,
work for the bank regulator,
or also for large corporates.
- I love mathematics so much.
I just wanna use it more
and more and apply it.
- It's a rewarding career.
You are in markets,
you're dealing with big
deals and big transactions.
- The Australian Financial
Review's BOSS Magazine
did a ranking in various
business disciplines.
And in quantitative finance,
our university, UTS, was
ranked first in Australia
and second in the world.
- It's heaven or someone
who loves maths, and coding,
and finance, and someone
who wants to become a quant.
This is the place to be.
- For me, it was totally worth it.
My life became more interesting.
- I wouldn't be where I am today
if I hadn't applied myself
for the Quantitative
Finance Master's Degree.
(uplifting music)
