KFUPM Website | AACSB accredited since 2002
Professional Master's Program

Master of Quantitative Finance


This program is designed to equip graduates with the cutting-edge tools. The program provides strong quantitative and analytical skills applied to real-world financial problems and to thrive in today’s dynamic and ever-evolving financial landscape. The revised Master’s in Quantitative Finance program shifted its focus from the heavy math and statistics courses to a more practical business and finance orientation.

The demand for graduates with a Master of Quantitative Finance degree is driven by the increasing complexity of financial markets and the growing use of quantitative methods in finance. Graduates with Master of Quantitative Finance degree are highly sought after by financial institutions of all types, including banks, hedge funds, asset management firms, and insurance companies.



Degree Plan

First Semester

Second Semester

Third Semester

Master’s Curriculum

Ready to join?

Full-Time Evening Program

Cohort Based

Open To Both Genders

Potential Career Paths

Data Scientist

Financial Engineers in model vetting and risk compliance


Analysts in quantitative, portfolio credit risk, market risk, investment banking and auditing

Big data and Machine Learning Specialist

Asset Managers and Portfolio Managers


A 30-credit hour program into three semesters (two full semesters & one summer).

Classes will be held daily from Sundays to Wednesdays, 5:00PM till 9:30PM.

All candidates for the Professional Masters must meet the following requirements for entry:

  • A recognized Bachelor’s degree
  • A Grade-Point Average (GPA) of 2.5 or higher on a scale of 4.00.
  • Applicants should have a passing grade in at least one statistics course and one calculus course.
  • No GRE or GMAT is required.
  • Completion of TOFEL with a minimum score of 520 (PBT), 190 (CBT), or 68 (IBT). IELTS is also acceptable (MIN 6.0). TOEFL is not required for KFUPM Students.
  • At least two letters of recommendation.
  • A working knowledge of computers as evidenced by at least one course in that area (e.g., data processing, programming, information systems, etc.).
  • A one-page statement of purpose
  • Satisfying any additional departmental or University admission requirements.

The Professional Master’s has different fee structures depending on your status. Please see the following document for more info:

Students must fulfill the requirements to be able to enroll in our MS Program.

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