Master of Science in Quantitative Finance
The Jacobs MSQF program provides an accelerated path to a world-class graduate degree that prepares you to thrive in the most innovative areas of the finance industry.
By adding just one additional year of study, you’ll gain unparalleled technical expertise in quantitative methods, machine learning, artificial intelligence, and financial markets. And when paired with Wharton’s globally renowned finance faculty and 105,000+ global alumni network – you’ll have everything you need to fast-track your future.
Learn Tomorrow’s Finance From Today’s Leaders: Study with Wharton’s world-renowned faculty — the most cited finance scholars in the world — and gain insights across global markets shaped by their research and leadership.
Translate Theory Into Practice: From cases and data labs to the Applied Research Practicum, our Jacobs MSQF brings theory to data through application to real-world problems in partnership with industry leaders.
Master the Tools Top Firms Demand: Build expertise in asset pricing, risk management, and trading strategies, while applying AI, machine learning, and data science to complex financial challenges needed in today's workforce environment.
Accelerate Your Career With the Wharton Edge: Earn a STEM-certified master’s in just one additional year and join the largest alumni network in business — 105,000+ strong, including leaders in quantitative finance worldwide.
Learn why the Dr. Bruce I. Jacobs Master of Science in Quantitative Finance program may be right for you.
David Musto is the Ronald O. Perelman Professor in Finance and faculty director of the Dr. Bruce I. Jacobs Master of Science in Quantitative Finance program at the Wharton School, where he has been on the faculty since 1995.
He has served as Senior Financial Economist at the U.S. Securities and Exchange Commission (SEC) from 2015 to 2017 and department chair of the Wharton Finance Department from 2013 to 2019, as an editor and associate editor of academic journals, and is on the advisory boards of the Impact Investing Exchange and MarketCrunch. Before Wharton, he worked in quantitative asset management at Roll and Ross Asset Management and Trout Trading. His research, both theoretical and empirical, covers asset management, short selling and equity lending, cross-border taxation, option trading and pricing, corporate governance, consumer credit, and related topics. He has a BA from Yale University and a PhD from the University of Chicago.
Dr. Bruce I. Jacobs is the foremost visionary for quantitative finance amongst the Wharton School’s vast global network whose historic gift established the Dr. Bruce I. Jacobs Master of Science in Quantitative Finance program. Dr. Jacobs’s dedication spans decades of generous giving and thoughtful commitment. He created a visual hub for the discipline when he co-founded the Jacobs Levy Equity Management Center for Quantitative Financial Research in 2011, as well as the Jacobs Levy Equity Management Dissertation Fellowships in Quantitative Finance and the Wharton-Jacobs Levy Prize for Quantitative Financial Innovation. A tireless advocate for the launch of the MBA major in quantitative finance, his continuing generosity established the Dr. Bruce I. Jacobs Professorship in Quantitative Finance and the Dr. Bruce I. Jacobs Scholars in Quantitative Finance in 2020.
Journal of Portfolio Management 50th Anniversary Symposium | New York City, November 14, 2024
Dr. Bruce I. Jacobs’s keynote address to celebrate JPM’s 50th Anniversary discussed recent advancements and refinements in finance theory and application and how they are transforming the landscape of investment strategies. These new approaches include smart alpha, an active, dynamic, multifactor approach that accounts for a wide range of proprietary factors and changing market conditions; an extension of modern portfolio theory that accounts for investor aversion to leverage-related risks; enhanced active equity long-short extension strategies that can improve portfolio efficiency; and asynchronous, discrete-time dynamic simulations of financial markets to better reflect market realities.
“The Jacobs MSQF bridges the gap between theory and practice with innovative courses and real-world experiences. I am excited about the program’s impact for Wharton, students, and the industry.”
