FiveQuarter Track
Fulltime students following the fivequarter track complete the Financial Mathematics curriculum in five quarters, or 15 months. All students, whether full or parttime, begin the Program in the first autumn quarter. Parttime students, on average, complete the Program in two to three academic years. The Program must be completed within four academic years.
Courses are distributed as follows*
Quarter 
Required Courses 
Electives 
Autumn Q1 
100 unit courses Mathematical Foundations of Option Pricing Computing for Finance in Python (counts toward computing requirement) 50 unit course Introduction to Finance and Markets (possible to test out through placement exam; cannot be taken for elective credit) Portfolio Theory and Risk Management I Probability for Risk Management 0 unit course Career Seminar 
25 unit elective Financial Mathematics Practicum** 
Winter Q2 
100 unit courses Stochastic Calculus Numerical Methods Computing for Finance in C++ (possible to test out through placement exam; counts toward computing requirement) 50 unit courses Portfolio Theory and Risk Management II 
50 unit elective Project Lab** 25 unit elective Financial Mathematics Practicum** 
Spring Q3 
100 unit courses Regression Analysis and Quantitative Trading Strategies Fixed Income Derivatives Advanced Computing for Finance (counts toward computing requirement) 50 unit course Foreign Exchange: Markets, Products, and Pricing 
100 unit elective Analysis of Financial Time Series @ Chicago Booth 50 unit elective Project Lab** 25 unit elective Financial Mathematics Practicum** 
Summer Q4 
50 unit elective Introduction to HPC in Finance Project Lab** 25 unit elective Financial Mathematics Practicum** 

Autumn Q5 

100 unit electives Multivariate Data Analysis via Matrix Decompositions Case Studies in Computing for Finance (can count toward computing requirement) Topics in Economics Machine Learning in Finance (can count toward computing requirement) 50 unit electives Statistical Inference for Risk Management Mathematical Market Microstructure: An Optimization Approach Mathematical Market Microstructure without Rationality Assumptions Applied Algorithmic Trading Regulatory and Compliance Requirements for Financial Institutions Project Lab** 25 unit elective Financial Mathematics Practicum** 
The minimum number of units to complete the degree is 1350, which may be reduced to 1200. The precise requirements depend on results of placement exams and immigration status.
Students take all required courses, plus 300 elective units.
*Please note that course listings in the above curriculum are subject to change.
**Students are not allowed to enroll in Financial Mathematics Practicum and Project Lab simultaneously in any quarter.