Certified Finance, Value at Risk, and Statistics Specialist - postgraduate studies
1 Year (2 semesters)
Language of studies:
DESCRIPTION OF THE STUDIES
The Certified Finance, Value at Risk, and Statistics Specialist (post-graduate level) programme, also simply referred to as Value at Risk, combines a broad spectrum of competencies – mathematics and statistics, the knowledge of the financial markets, and computer science. The field is also often referred to as “Computational Finance”, and specialists in the area are highly sought-after in Poland. Therefore, choosing this programme at Vistula University, will open the doors to interesting professional careers.
Studying “Finances Plus”, you will acquire knowledge of four subjects:
- Advanced portfolio theory, where issues less popular in Poland are discussed, such as real options – the methods of assessing investment effectiveness under risk,
- Value at Risk,
- Statistics in finance,
- A number of programming methods.
The most important of these is V@R, or Value at Risk. V@R is the best known measure of risk which, despite heavy criticism of it during the subprime crisis of 2007, has found widespread applications.
Over the course of the two-semester programme, 50 hours of courses will be devoted to understanding V@R. Mastering it is of great importance, as V@R specialists are prized on the job market. In addition, legal regulations, both in Poland and abroad, require financial institutions to calculate V@R in various contexts. This, in turn, causes companies to employ entire departments of risk specialists.
CAREER AFTER STUDIES
As a graduate of this programme, you will have the skills necessary to:
- Effectively manage a portfolio,
- Collect, filter, and graphically present financial data,
- Calculate and test Value at Risk, as well as using V@R in controlling and actively managing risk.
Workplaces, where you will be able to find employment following graduation, , include banks, investment funds, brokerage houses, insurance and pension companies, and numerous corporations.
The positions that await the graduates of this programme include:
- Risk specialist,
- Risk manager,
- Risk director/manager,
- Risk modelling expert.
The curriculum of the Certified Finances, V@R and Statistics Specialist programme has been designed, over the course of two semesters and 160 hours of courses, to best share with you, the complex knowledge of no less than four subjects. The information you will acquire, will enable you to comprehend the intricate issues behind risk management. V@R is the most important part of the programme, with 50 hours of courses devoted exclusively to it. You will be taught by our experienced faculty, which will also teach you how to apply the knowledge you will gain, when managing a portfolio.
Post-graduate programme admissions are conducted on a ‘first-come, first-served’ basis, so if you want to develop and acquire new skills, apply today!
Professor Leszek Zaremba
Professor Leszek earned his habilitative post-doctoral degree in Control Theory in 1986. He is a mathematician, and a graduate of Warsaw University (theoretical mathematics section). He has taught courses in mathematics and portfolio theory, at a number of American universities, and has authored more than 30 articles published in American, European, Polish, Japanese and Russian journals.
- In the years 1987–1990, he was employed by the American Mathematical Society as Deputy Editor-in-Chief of ’Mathematical Reviews’ (Ann Arbor, Michigan).
Ewa Gnatowska, PhD
Ewa Gnatowska is a Doctor of Physics and a licenced investment advisor. She also holds the title of CFA (Chartered Financial Analyst) and PRM (Professional Risk Manager).
Since 2007, she has worked in capital markets (in brokerage houses and investment funds), in positions dealing with asset and risk management. In the past year, , she has been employed as Risk Manager in Opera TFI and Opera DM.
Grzegorz Rządkowski, PhD
Grzegorz graduated with a PhD in mathematics from Warsaw University. He is employed at the Faculty of Management of the Warsaw University of Technology, as well as at Vistula University. His interests include mathematical modelling, applications of mathematics in economics, computational, and financial mathematics.
Grzegorz teaches courses in statistics, financial mathematics, and the probabilistic aspects of decisionmaking for employees of Polish and foreign companies, both in business and administration. He has participated in projects by Deloitte and PwC Polska, as a statistics and mathematics consultant (including projects, such as ’Review and Project completion assessment – Agricultural Census 2010 and Population and Housing Census 2011’. The project was carried out for the Central Statistical Office by Deloitte Business Consulting S.A.).
Vistula University post-graduate admissions are conducted on a ‘first-come, first-served basis’. Post-graduate candidates must submit the following documents:
- application form – download,
- BA or MA programme diploma or copy,
- Identity card copy (the original for verification),
- 1 photograph (37×52 mm),
- Tuition confirmation of payment.
The entire cost of tuition is: PLN 5,600
The tuition can be paid in a single instalment, or two instalments, one for each semester:
- PLN 2800 – 1st instalment to be paid before the start of the academic year.
- PLN 2800 – 2nd instalment to be paid before the start of the 2nd semester.
An advance on the tuition fee of PLN 200 must be paid before the 30th of September, 2017.
We offer a 10% discount for students who pay in a single instalment.
Santander Bank Polska – 61 1090 1694 0000 0001 1105 7177