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WorldQuant University
WorldQuant University Logo
Other name
WQU
Motto
"Talent is equally distributed, but opportunity is not"
TypPrivate (non-profit) co-educational, nonsectarian
Established2015 (2015)
AffiliationBoard of Regents of the State of Louisiana, Distance Education Accreditation Commission
PresidentIgor Tulchinsky
Students500+
Standort
New Orleans
,
Louisiana
,
Vereinigte Staaten

29°57′06″N 90°04′14″W / 29.951699°N 90.07054412°W / 29.951699; -90.07054412
CampusOnline
SpracheEnglisch
Colours   Orange and Purple
Websitewqu.org
WorldQuant University

WorldQuant University (WQU) is an accredited not-for-profit university advancing global education with entirely free offerings in data science. WQU has graduated more than 7000+ students from over 100 countries.[1] It is non-profit tuition-free.[1] It is licensed by the Board of Regents of the State of Louisiana and accredited by the Distance Education Accrediting Commission (DEAC).[2]

History

WQU was established by Igor Tulchinsky[3][4] in 2015[1] and is funded by the WorldQuant Foundation.[5] After being licensed by the Louisiana Board of Regents the foundation launched WorldQuant University in 2015, it enrolled several hundred students in a free online master's degree program in Quantitative Finance.[5] Sarah McCue, PhD led WorldQuant University’s initial launch and served as its first President.

Daphne Kis, who had previously served on the University's Advisory Board,[2][6] was brought on as CEO in 2016[5] and updated the program and its curriculum to a Master’s Degree in Financial Engineering. At the intersection of financial management, computer science, and data science, this degree offers a broad opportunity to apply the acquired skill set to the finance industry and beyond.

In late 2016, the university was awarded the 2016 Dive Award: Startup of the Year by the publication Education Dive.[7] By June 2017, it had enrolled 700 students from 40 countries.[6][2][6] In 2021, WQU was accredited by the Distance Education Accrediting Commission (DEAC). It is a Strategic Partner of the Milken Institute.

Übersicht

The university's stated mission is to advance global education through a tuition-free master's degree program in Financial Engineering.[8] The university does not charge tuition, however students were once recommended to buy course materials for around US$1000.00 over two years, and small fees for two required proctored exams, [9] in the Master of Science in Financial Engineering program but are no longer required to do so.[10] In 2018 WorldQuant University transitioned from a curriculum of 13, 6-week courses and a Capstone Project, to 9, 7-week courses, plus a Capstone Project and Capstone Examination. By 2020, the Capstone courses were combing into a single 10-week course.

Accreditation

WorldQuant University is accredited by the Distance Education Accrediting Commission (DEAC), a United States Department of Education authorized accreditor.[11][12] WorldQuant is approved to operate by the Board of Regents of the State of Louisiana[13]

Academics

WorldQuant University offers a wide range of degrees. The university offers a two-year Master of Science in Financial Engineering (MScFE) and an 8-16 week, two-unit, Applied Data Science Module.

See also

References

  1. ^ a b c Rosenbush, Steve (August 24, 2017), WorldQuant University Mints Masters of Financial Engineering
  2. ^ a b c Chaparro, Frank (May 19, 2017), A hedge fund manager is supporting a free master's program in financial engineering, Business Insider
  3. ^ Condliffe, Jamie (September 28, 2018). "In the Hunt for Quants, One Hedge Fund Held a Global Talent Contest". The New York Times. ISSN 0362-4331. Retrieved August 16, 2021.
  4. ^ Rosenbush, Steve (August 24, 2017). "WorldQuant University Mints Masters of Financial Engineering". Wall Street Journal. ISSN 0099-9660. Retrieved August 14, 2021.
  5. ^ a b c Milken, Michael; Tulchinsky, Igor (April 11, 2017), "How Technology Liberates Human Capital", Wall Street Journal
  6. ^ a b c Williamson, Christine (June 12, 2017), WorldQuant University offering free master's, Pensions & Investments
  7. ^ WorldQuant University Named "Startup of the Year" by Education Dive, WorldQuant, November 29, 2016
  8. ^ WQU Enrollment Diversity
  9. ^ WorldQuant University Catalog
  10. ^ How much does it cost?
  11. ^ [1]
  12. ^ [2]
  13. ^ Board of Regents of the State of Louisiana
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