The Quantitative Finance major consists of core courses and three modules: Financial Risk Management, Financial Engineering and Financial econometrics. Core courses Mandatory : Stochastic Calculus, Arbitrage Pricing Theory, Term Structure of Interest Rates, Asset Management, Financial Econometrics, Risk Management Optional : Credit Derivatives Module 1: Financial Risk Management Following the financial crises of the 1990’s and the law reinforcement that followed, evaluation structures were developed in banks and large firms. These structures deal with risk evaluation, management and control. Mandatory : Assets and Liabilities Management, Finance Accounting, Credit Scoring Optional : Credit Risks, Imperfect Markets Modeling, Financial Markets and Bank Law, Finance Analysis and Business Audit Module 2: Financial Engineering Mandatory : Financial Engineering Techniques, Monte Carlo Methods in Finance, PDE Methods in Finance, C++ Optional : JAVA, Stochastic Optimal Control, Advanced Asset Management, American Options, Calibration Module 3: Financial Econometrics Mandatory : Phenomenology of Financial Markets, Econometrics of Asset Valuing Optional : Introduction to the Microeconomics of Financial Markets, GARCH and Stochastic Volatility Models, Risk Measurment, Statistical Methods for Finance, Dynamic Models with Hidden Variables, High Frequency Data Analysis Related courses in other majors Capital Markets presents an analysis of the recent changes in capital markets. It gives a global vision of the actors and stakes of financial intermediation. Financial Macroeconomics presents, from a macro economic point of view, interpretations of the notions of asset value, portfolio management, and risk premium. Monetary Policies is essential to the understanding of the strategies and methods used in central banks. In the same way, A good knowledge of the instruments of Corporate Finance is necessary to complete financial skills. Job opportunities exist in large firms and investment banks. Microeconomic Theory of Insurance explains the basic notions needed to draw up insurance contracts. It tackles the concepts of information asymmetry, moral hazard and anti-selection. Bachelier’s seminar (http://www.bachelier-paris.com/) offers mathematical finance courses at a PhD level; good students may follow these courses, mainly at the end of the program.