CQF

CQF(Certificate in Quantitative Finance)国际数量金融工程证书,是由全球数量金融工程领域大鳄Paul Wilmott博士领导的国际知名的数量金融工程专家团队设计和推出,目的是为有意在银行、基金管理、投资银行、衍生品与风险管理等领域工作的人士提供高级培训,为立志在全球顶级金融机构发展的精英们打造利器。
CQF课程内容覆盖当今国际金融市场中具有重要意义的数量金融工程实务方法,是全球发展最快的应用型数量金融工程高端项目,在国际上赢得了一致的认可和高度赞誉。
CQF讲师团队中既有牛津大学学者,也有经验丰富的银行及对冲基金资深从业人员。其中,Paul Wilmott博士是全球数量金融工程领域最享有盛名的专家之一,牛津大学学者,被学员们戏称为“Wizard in Mathematics”, 即“数学巫师”,在学术界与实务界享有极高的声望。
目前,CQF的招生范围已扩大至全球,学员分别来自北美,南美,欧洲,亚洲地区。CQF在英国伦敦金融城(City of London)设立总部,并在纽约华尔街设立培训中心,以适应CQF项目在全球如火如荼的扩张势头。
CQF学员绝大部分就职于国际顶级金融机构,如,高盛、美林、摩根、汇丰、花旗、巴克莱、荷兰银行、美洲银行、国际清算银行、法国巴黎银行、英国石油国际有限公司、德国商业银行、瑞士信贷第一波士顿银行、德勤、德意志银行、惠誉国际评级、荷兰国际集团、毕马威、穆迪评级、苏格兰皇家银行、瑞士联合银行、意大利联合信贷银行等。
在中国金融业全面开放之际,大量涌入的外资金融机构与本土金融机构在尖端人才上形成激烈竞争。目前,国内金融工程方面尚未形成统一规范化的认证体系,引进CQF数量金融工程证书,为走向市场化和国际化的银行等金融机构培训具有数量金融工程知识和技能的高端专业人才,是迎合我国金融业发展的有益之举。
 
CAL将此证书再次引入中国,旨在为有志于在国际顶级金融机构从事数量金融的学员提供帮助。
 

 

Background

The Certificate in Quantitative Finance (CQF) is a six month online part-time program; it can be completed as a full single six month program or split into two three month levels. It is designed for in-depth training for individuals working in quantitative financial services departments such as IT, risk management, valuations and derivatives.
The CQF is unique in its structured approach and commitment to the field of real world quantitative finance, at all times the program’s focus is on practical implementation of techniques and on the questioning and analysis of models and methods.

 

Methodology and Delivery

All training is delivered live via international webcast and each lecture is recorded and made available on the CQF Portal within 24 hours to watch when convenient. Each delegate is given access to a comprehensive package of learning resources which are listed below.

CQF Portal (included)
The CQF Portal is an online hub for a multitude of learning resources before, during and after completing the CQF. Each delegate is given their own online account and receives access to the following:

  •  Live lectures
  •  Recorded core lectures
  •  Annotated lecture notes
  •  Stimulating exercises
  •  Sample code & spreadsheets
  •  Recorded additional classes
  •  Lifelong Learning library
  •  Upload tool for modular exams
  •  Modular exam marks & feedback
  •  Dedicated CQF Forum

CQF App (included)
The CQF App demonstrates our dedication to deliver innovative solutions for online learning. The App can be downloaded on to any iOS or Android device and gives access to the Maths Primer lectures, the VBA lectures and core lectures as the program progresses.

  • Mathematics Primer lectures & lecture notes
  • VBA lectures
  • Core lectures and lecture notes

Core CQF Reading Materials (included)

Level I
    Title                                                                                                                                                                                 Author 

  • Paul Wilmott Introduces Quantitative Finance                                                                                            Paul Wilmott
  • Paul Wilmott on Quantitative Finance                                                                                                            Paul Wilmott
  • Frequently Asked Questions in Quantitative Finance                                                                                Paul Wilmott
  • The Complete Guide to Option Pricing Formulas                                                                                         Espen Gaardner Haug
  • Asset Price Dynamics, Volatility, and Prediction                                                                                          Stephen J. Taylor

Level II

  • Derivatives: Models on Models                                                                                                                            Espen Gaardner  Haug
  • Monte Carlo Methods in Finance                                                                                                                         Peter Jackel
  • Structured Credit Products: Credit Derivatives and  Synthetic Securitisation                                        Moorad Choudhry

Content

An overview of the content for the CQF is included below:

Program Preparation
Mathematics Primer for Quantitative Finance

  • Covers mathematical preliminaries needed before commencing the CQF designation
  • Designed to refresh mathematics skills
  • Visual Basics for Applications
  • Basic VBA through to more complex features of VBA using Windows Excel
  • Supports the Mathematics Primer in preparing for the CQF designation

Program Modules
The examined part of the CQF program comprises six modules. The full program can be completed in 6 months beginning either in January or June. If you choose for your employees to sit the program in individual levels, each level will take 3 months to complete and can be undertaken in seperate programs.
Level I includes modules 1 to 3 and Level II includes modules 4 to 6. Each module covers a different aspect of quantitative finance and consists of lectures, workshops and discussions.

1. Building Blocks of Finance (Theory and Practice)
2. Risk and Return
3. Equity, Currency and Commodity Derivatives
4. Interest Rates and Products
5. Credit Products and Risk
6. Advanced Topics

Lifelong Learning
Lifelong Learning is not compulsory or examined and is included in the cost of the CQF. It’s designed to provide quantitative education for the rest of your employees’ career.
This element of the program is available to Level II, full delegates and all CQF alumni.

  • Library of over 600 hours of lectures on every conceivable finance topic
  • Includes 1 and 2 day Masterclasses, Certificate in Mathematical Methods, C++, Java and a trading simulator
  • Delivered by some of the most eminent practitioners and academics
  • Regularly expanding up to date content

Target Audience

Participants will be working in quantitative financial services such as IT, risk management, valuations or derivatives. In addition to this the delegate will have a degree in a discipline such as mathematics, physics, engineering, chemistry, computer science, finance, or economics.
The course will also appeal to students and academics that are looking to become “desk-ready” before entering the world of work. Level I of the CQF will provide a fantastic foundation for individuals who want to obtain some practical experience to accompany their solid theoretical base from their University course.

CQF Faculty

The CQF’s faculty team is the envy of nearly every financial engineering program in the world. An elite collection of world-renowned practitioners and highly regarded academics ensure that the course delivers practical and relevant content. Moreover, each tutor personally delivers the content which underlies his/her specific area of expertise, and is personally available for post-lecture follow-up, either verbally or via e-mail.

      • Dr Paul Wilmott, Dr Paul Wilmott is internationally renowned as a leading expert on quantitative finance. His research work is extensive, with more than 100 articles in leading mathematical and finance.
      • Dr Riaz Ahmad, Riaz is Head of CQF Faculty and teaches Mathematical Finance, C++ programming and Mathematical Methods based courses.
      • Dr Peter Jaeckel, Peter Jaeckel is the founder and Managing Director of OTC Analytics. He received his DPhil in Physics from Oxford University in 1995.
      • Dr Espen Gaarder Haug, Dr Espen Gaarder Haug has worked in derivatives trading and research for more than 20 years. He worked as a proprietary option trader at J.P. Morgan in New York.
      • Dr Patrick Hagan, Patrick received his PhD in Applied Mathematics from Caltech. He has worked at Bloomberg and several banks and was recently head of Quantitative Analysis at JP Morgan.
      • Professor Moorad Choudhry, Professor Moorad Choudhry is Treasurer, Corporate Banking Division at The Royal Bank of Scotland.
      • Dr Iris Mack, Iris Mack, PhD, EMBA earned a Harvard doctorate in Applied Mathematics and a London Business School MBA. She is a former MIT professor.
      • Dr Sébastien Lleo, Sébastien Lleo is a professor of finance at Reims Management School in France and a lecturer on the Certificate in Quantitative Finance (CQF).
      • Professor Stephen Taylor, Stephen has held a Chair in Finance at Lancaster University Management School since 1993 and has twice been Head of the Department of Accounting and Finance.
      • Dr Randeep Gug, Randeep is the Head of CQF Business, Co-head of Fitch Learning’s Business School as well as a lecturer on the Certificate in Quantitative Finance (CQF).
      • Dr Si Yi Zhou, Si-Yi is an Associate Lecturer for the CQF. He teaches applied quantitative finance in volatilityarbitrage, stochastic interest rate models and credit derivative pricing and risk management.
      • Dr Alonso Peña, Dr Alonso Peña is SDA Professor at the SDA Bocconi School of Management in Milan. He has worked as a quantitative analyst in the Structured Products group for Thomson Reuters Risk.
      • Neil Graham, Neil joined Barclays International in 1985 initially in the foreign exchange, money markets and derivatives operations areas before moving to the trading room in 1991.
      • Dr Richard Vladimir Diamond, Dr Richard Vladimir Diamond has 7 years of experience in statistics teaching and application.
      • Dominic Connor, Dominic has been programming in C and C++ since the 1980s when he graduated from Queen Mary College London.