HCMC – John von Neumann Institute of the Vietnam National University in HCMC (VNU-HCMC) has announced about 20 five professors from international universities and institutes will come to HCMC to give lectures in the country’s first Master’s program on quantitative and computational finance.
The program – a joint effort between VNU-HCMC’s University of Natural Sciences, International University and John von Neumann Institute – will start in July to provide international and local graduate students with a professional competency in finance with quantitative and computational tools.
It will take students two years to complete the degree with a tuition fee of US$18,000 per academic year. The program will be taught in English.
Applicants must hold at least a bachelor degree in one of the fields of applied mathematics (probability and statistics), computer sciences or financial banking and insurance with a relevant math score from a two-month refresh course. They must also provide proof of their English proficiency as TOEFL 550 or equivalent.
Quantitative and computational finance, also known as mathematical finance or financial engineering, is a field of applied mathematics concerned with financial markets. At the quantitative and computational finance seminar held by John von Neumann Institute and the Vietnam Bond Market Association on Saturday in HCMC, Vietnamese experts in finance said quantitative and computational finance was the world’s familiar trend but it was still quite new to Vietnam’s financial sector.
Thanks to applied mathematics, computer science, statistics, and economic theory tools, financial engineers can solve problems such as new product design, derivative securities valuation, portfolio structuring, risk management, and scenario simulation, they added.
Created last July, John von Neumann Institute is a center of excellence in applied mathematics, systems science, knowledge science, and information science with an aim to foster high quality of research and postgraduate education in the related fields at different universities of VNU-HCMC.



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