A master's degree in quantitative finance is a postgraduate degree focused on the application of mathematical methods to the solution of problems in financial economics.[1] There are several like-titled degrees which may further focus on financial engineering, computational finance, mathematical finance, and/or financial risk management.
In general, these degrees aim to prepare students for roles as "quants" (quantitative analysts), including analysis, structuring, investing and other related in the financial field.
Formal master's-level training in quantitative finance has existed since 1990.[2]