Frequently Asked Questions
Welcome to the Frequently Asked Questions section. This should be your first port-of-call if you have any queries regarding the course you are completing, your student account or the MScFE program.
You can search the FAQs by keyword to find potential answers to your questions. You can also click on the categories on the left to display only the FAQs that relate to a particular topic.
If you have looked for an answer to your question and have not found one on the FAQ page, please post your question in the technical support forum that can be found at the top of the course you are completing.
Here’s an overview of the admission requirements:
Make sure all your information is accurate and upload all required documents
Transcripts from the highest college/university degree earned
A bachelor’s degree is the minimum academic requirement for admission. At the time of your application, you will need to upload an unofficial, scanned copy of your transcript. Upon acceptance into the MScFE program, you will need to submit official transcripts.
If you have not attended a college/university where English is the language of instruction, you are required to submit TOEFL, IELTS, or PTE scores.
You will need a minimum score of 75%.
Our students are career-driven, computer-savvy quantitative thinkers. They have fully completed a bachelor’s degree and are interested in a future in financial engineering.
Students come from a wide range of countries and have diverse backgrounds. They want to advance their career and seek life-changing education. They are persistent, resilient, and committed to meeting the demands of our rigorous program and to mastering advanced concepts. They understand the value of collaborative work and value sharing knowledge as much as acquiring it.
Students are expected to commit 25 hours per week between lecture videos, assignments, group projects, and individual study.
While we accept applications year-round, the MScFE program is offered quarterly, so there are four possible start dates per year. If you miss the application deadline for a specific start date, you can still submit your application and will be considered for the next upcoming start date.
For an overview of the start dates and application deadlines, please click here.
As part of the online application process, you will need to upload an identity document, an unofficial transcript, and (if applicable) proof of your English proficiency. Please note that your information will not be saved until you have completed all required fields and uploaded your documents:
A clear, scanned copy of your valid government issued photo ID (e.g. your national ID card, passport, or driver’s license).
Unofficial College/University Transcript
A bachelor’s degree is the minimum academic requirement for admission into the MSc in Financial Engineering program at WQU. As part of your application, you will need to submit a clear, scanned copy of your most recent transcript for the highest college or university degree you have earned. Upon acceptance into the program, you are required to submit official transcripts, which are sent directly from your former college or university to WQU via postal mail or email.
English is the language of instruction at WQU. If you have not graduated from a college or university where English is the language of instruction, you will need to submit test scores from one of the following tests as proof of your English proficiency: Test of English as a Foreign Language (TOEFL), International English Language Testing System (IELTS), or Pearson Test of English Academic (PTE).
WorldQuant University is licensed in the United States and must follow U.S. State Department regulations regarding sanctioned nations. Unfortunately, at this time we are not able to offer our programs to students who are citizens of the following countries: Crimean Peninsula, Cuba, Iran, North Korea, Sudan, and Syria.
An unofficial transcript is a scanned copy of your transcript that you personally upload during the application process. At the time of your application, this is sufficient as long as the scanned transcript demonstrates the type of degree earned, your graduation date, and your cumulative GPA from the previously completed degree program.
An official transcript is a copy of your transcript that is submitted directly from your previous institution to WorldQuant University rather than being submitted by you personally. The official transcript includes the official grading scale adopted by your previously attended institution, your GPA, and the credit hours earned for each completed course.
Upon acceptance into the MScFE program, you are required to submit an official transcript for the highest college or university degree you have earned before you enroll in the third course. Official transcripts may be sent directly from the previously attended institution to the WQU Admissions Office by postal mail. They must be submitted in sealed envelopes, include the official grading scale of the previously attended institution, and be signed by the appropriate university official. We strongly recommend that you contact your previous college or university and request an official transcript as soon as you have been accepted into the MScFE program.
The University’s mailing address is:
201 St. Charles Avenue
New Orleans, Louisiana 70170
Academic institutions that issue digital official transcripts may direct yours to firstname.lastname@example.org. If your original transcript is in a language other than English and does not explicitly state the type of degree earned (i.e. bachelor’s, master’s), the credit hours and grades earned for each completed course, and the GPA, you are required to obtain an official equivalency from an organization recognized by the National Association of Credential Evaluation Services (NACES), such as World Education Services (WES).
Failure to provide an official transcript prior to enrolling in the third course of the program will result in immediate suspension from the MScFE degree program. Once the official transcript is received, you may return to the University and resume your program at the next available course start date.
If you have any questions on official transcripts, please do not hesitate to contact us at email@example.com.
The designated institution code for WorldQuant University is B325. Including this code upon registration allows the organization providing the test to make the results digitally available to our admissions team.
Before you attempt
the test, please consider the following list of highly recommended (and free!)
online resources we have curated to help you prepare yourself:
The Quantitative Proficiency Test is timed and has to be completed within three (3) hours.
If you fail the Quantitative Proficiency Test, you are granted a second attempt. If you fail the test again, you will be banned from re-attempting the test for 30 days to give you time to adequately prepare yourself.
Yes. Upon acceptance into the MSc in Financial Engineering (MScFE) program, you will be automatically enrolled in an Orientation Course, which is designed to help you familiarize yourself with our learning platform and course structure.
Once you have successfully completed the Orientation Course, you will be able to register for your first MScFE course, Financial Markets. At this point, you will have the option to register for the closest upcoming start date or to defer to a later start date.
How do I edit my profile?
- Select Profile (found in the top right drop-down menu).
- Click the blue Edit Profile button on the profile page.
- This will open your profile and all the available fields.
- Once you have added the relevant information, scroll to the bottom of the page and select Save
Please note your information will be verified and validated by the WQU Registrar. Failure to provide accurate information in your profile may delay or hinder your graduation.
How do I use the calendar?
You can use the calendar to view course and program-level deadlines, such as the submission deadlines for assignments and the date and time of livestream lectures. Use the calendar to set your own deadlines by adding events. These events will only be visible to you, and you will get notified when the deadline approaches.
For more information about the calendar, go to the calendar page (via the left sidebar menu) and click on the RESET USER TOUR ON THIS PAGE button at the very bottom of your screen.
How may I view my grades?
Your grades can be viewed at any time by selecting Grades from the top right dropdown menu or the left sidebar menu when you're in a specific course room.
What happens to all my information if my user account is suspended?
Your account will merely be suspended and no information will be deleted. Once your account is reactivated, all your profile data and grades will be recovered within ±48 hours.
Please reach out to the Student Support Team should you require technical assistance.
All WorldQuant University courses are presented online. This means you do not attend any face-to-face event, but instead access all course material and live sessions through the university platform.
The courses are designed with busy professionals in mind, so most content can be completed at a time that suits you. If you have queries regarding the coursework, you can ask questions to the Instructional Team by posting a question in the Student Community forum in the overview section of your course, or in the Questions To Faculty forum available in each weekly module.
You can also send an email to the Instructional Team by using the email address they post in the Course Announcements forum at the beginning of the course. When possible, you can attend a live session and ask your question via live chat.
Module assignments need to be submitted within weekly deadlines, and for each activity the deadlines will be clearly indicated.
The program is comprised of 9 courses and a Capstone course. Each course is seven weeks with one module for each week, followed by a one- or two-week break before the next courses starts.
The learning platform consists of the following main components: the course room is the space in which a course is housed; each course is divided into seven week-long modules; a module holds the week's course notes, lecture videos, assignments and resources; and assessments may include a multiple choice quiz and a group work or peer-assessed assignment.
To register as a student at WorldQuant University, you will need to follow these steps: Open your web browser and type https://wqu.org. Click on the Apply now to get started. If you are an existing user, select the Access your Application button and login. If you are a new user, select Start new Application. Fill in the form provided and submit. Be sure to provide the correct details, as they will appear on your certificate. Once you have logged in you will gain access to the rest of the application process.
Aside from the Orientation Course, all courses run for seven weeks, during which you will be required to attend live sessions, complete quizzes and submit assignments. You can expect a one- to two-week break between courses. You will still have access to the course content, such as notes and video content, as long as your account remains active. This is a Master’s degree program so please be prepared to dedicate an average of 3 hours every day to the program. Please keep in mind that participation in group work is mandatory.
When you have successfully completed the WorldQuant University MScFE programme with the cumulative average score of at least 70%, you will receive your degree by email. If you did not receive a certificate, this is most likely because you did not successfully complete the program or within the required time, or we are still waiting for receipt of official transcripts from your previous learning institution. If you did not successfully complete the program, you will be emailed with instructions on how to proceed. (If you do not receive an email, please check the spam folder of the email account you use to log into WorldQuant University). Please note that we do not distribute certificates of completion after each module but only a degree at the end of the program.
Yes. You may find the latest WorldQuant University catalog from the left sidebar menu of the WQU Learning Platform.
The activities that contribute to your overall course grade are: 35% - Multiple Choice Question Quizzes (seven quizzes total, one each week); 20%- Collaborative Review Tasks (three submissions in weeks 2, 4, and 6); 45% - Group Work Project (three submissions in weeks 3, 5, and 7). You must achieve an overallcourse grade of at least 65% in order to proceed to the next course, but please note that to graduate and maintain Satisfactory Academic Progress, students must: maintain a cumulative average score of 70% or above; and complete the Program within the Maximum Time Frame (MTF) of 150% (3 years) of the scheduled program length of two (2) years.
For the collaborative review assignments and grading, late submissions are not accepted. You will forfeit the grade for that assignment, which means you will receive 0% for it. If you miss a group project deadline, your submission may not be graded and you may receive 0% for the submission. This may lead to you missing further deadlines, so it is important to keep up with the course.
A download link will be provided with each set of class notes or resources. Videos of live sessions will not be available to download, but they will be available for viewing at any time on WorldQuant University platform.
In the content and group work forums, you will be able to report inappropriate or offensive content by clicking on the red flag icon.
At the end of each course, you will be given the opportunity to complete a survey on your satisfaction and experience of the course, including your experience of the course materials, your Instructor and the Student Support team.
Please be aware that the Student Support Team is only able to assist with administrative or technical inquiries. Kindly post academic questions (e.g. regarding course content and assignments) in the Student Community Forum (found in the Support section of your course room), or the Questions to Faculty forum, available in each module.
The Instructional Team will address the question for the benefit of everyone in your class. Before posting, please ensure no one has posted a similar question before. Please provide very specific questions and elaborate as far as possible.
Should you believe there is an error in a quiz question, please email your Instructor directly. Should you not receive any response within 5 days, please escalate it to the Student Support Team to investigate.
If you struggle with logging in, it may be necessary to reset your password: Open your web browser and visit https://masters.wqu.org. Next to the user name and password fields, click on Forgotten your username or password? Fill in the email address you used to create your WQU profile. Check your email inbox to receive further instructions. If there is no email in your inbox, please be sure to check your Junk/Trash folder.Should you still be experiencing trouble, please reach out to the Student Support Team.
Yes, your learning profile is central to your learning experience. You can leave the site and continue your learning where you left off, whether you were working from a phone, tablet, laptop or desktop computer.
First, check your internet connection and speed. A low internet speed may prevent you from partaking in or viewing live sessions/videos. If you believe it may be a technical issue on our side, please do contact the Student Support Team and specify the browser and operating system, and be sure to include any screenshots.
You will be able to upload all assignments directly onto WorldQuant University, by using the provided submission box. Simply drag and drop any file into the provided submission box. Clicking anywhere on the submission box will also prompt you to upload a file from your computer. Please wait for the file to appear in the box before leaving the page or clicking "submit".
Limit the number of browsers and windows you have running at the same time, and avoid running sites that take up a lot of bandwidth, such as Youtube. File-syncing services like Google Drive, Dropbox, or OneDrive might be moving data in the background, which can eat up your bandwidth and slow down your internet connection. Quit or pause those applications if you find them moving files. Computers often download necessary updates in the background, while you are doing something less web-intensive. You can configure your PC to notify you before downloading any updates, and schedule installation when you are not using your computer, either in the middle of the night or when you are not studying. If your Internet connection is not stable and you frequently lose your connection, get into the habit of saving your work often. Work in an offline text-based editing application such as Microsoft Word for your project and assignment, until you are ready to submit it online.
All course content on WorldQuant University online platform is available online. However, it is recommended that you download a PDF viewer such as Adobe Acrobat Reader or similar, as well as have access to Microsoft Word and Excel.
You can access the WorldQuant University Platform using most browsers; however, we recommend that you use the latest version of Chrome or Firefox to prevent compatibility issues. If you are experiencing trouble logging in and/or accessing course content, download another browser to try, or make sure your browser is up-to-date.
For the duration of this course, you will be working on a group work project together with two to four of your peers.
Each group is required to submit three drafts – in weeks 3, 5, and 7 – which will be evaluated and graded by your Instructor. Within a week of each submission, your group will receive feedback from the instructor, enabling you to implement changes ahead of the second and third submissions. For each submission, you will be expected to fulfill the requirements of that week’s module only.
The group work discussion forum has been designed to facilitate communication and interaction with your peers as you collaborate on the group work project. We strongly encourage you to check in with your group members frequently to ensure that everyone is on track.
The Instructor will use the grading rubric published in the syllabus to evaluate the three submissions of the group work project. The grades received for the three group work submissions will comprise 45% of your final grade.
At the beginning of each course, the system will assign you to a group depending on the time zone where you reside. Please ensure you've selected the correct time zone in your profile.
Once the system assigns you to a group, you will be automatically enrolled into a group work discussion forum where you can communicate and collaborate with your project group. The forum may be found in the Support section of the course room.
WorldQuant University’s mission and success depend on students actively engaging and collaborating in our learning community. Much like in a professional work setting, respect, tolerance and regular interaction are vital. Participating in group work is mandatory and being inactive and unresponsive negatively impacts both your own academic progress, and that of your group members.
Please take careful note of the group work requirements and policies below.
Group Work Requirements & Policies:
- If you are having trouble getting in touch with a group member after multiple attempts of reaching out to them, please contact the Student Support Team via email and include the course name, group number, and name(s) of the inactive group member(s) and provide as much context as possible.
- All group work submissions must include the full names and email addresses of all active contributors on the first page of the assignment itself i.e. inactive group members who did not contribute to the work should not be listed here.
- Inactive group members who have not contributed to the assignment should be listed in the Comments section of the submission.
- Each contributing group member must complete the submission process individually and click ”submit” after the assignment has been uploaded.
Only those group members who have been listed as contributors on the first page of every assignment and completed the full submission process will receive a grade. If you are unable to access the submission page before the deadline, please be sure to alert the Student Support Team as well as your group members in advance.
Failure to comply with the above policies will result in a zero grade and, possibly, withdrawal from the course.
The Collaborative Review system is a model in which students assess and grade each others’ weekly assignments. We find the Collaborative Review system mirrors how financial engineers work in professional settings - collaboratively, shoulder-to-shoulder, and checking each other’s work. The MScFE program at WQU enables our students to develop relationships with fellow students all around the world, and the Collaborative Review system is a part of supporting that process.
Throughout this program you will be required to complete one assignment in weeks 1, 2, and 4 for collaborative review, based on what you learned that week. After reviewing and assessing your own assignment, your peers will grade your assignment (and you too will be assigned two random submissions to grade) with the guidance of a rubric. The rubric will list the specific criteria for grading that week's assignment, ensuring that all feedback is accurate, consistent, and relevant.
To ensure fairness, the assignments are distributed to other students who have submitted assignments. You are awarded points for completing and submitting your own assignment, and for grading two of your peers' assignments. Note that this process is anonymous.
It is in everyone's best interest that all students submit and grade fairly to ensure all have mastered the content and received the appropriate grade for the collaborative review assignment.
If you feel strongly that your assignment has not been fairly assessed, please reach out to firstname.lastname@example.org specifying the course and justifications for why you believe you've been unfairly assessed.
Please contact the Student Support Team using the contact form.
Students can receive transfer credit for up to 50% of the courses in the MSc in Financial Engineering program (5 courses, which equals 20 total semester credit hours).
If you have previously completed similar graduate-level coursework, you might be eligible for transfer credit. We recommend that you apply for transfer credit by sending an email to email@example.com before enrolling at WQU. Your request will be evaluated by the Academic Dean and you will be notified of the decision.
For more details on the transfer of credit policy at WQU, please see our catalog (accessible via the left sidebar menu).
You will gain access to the first course once you have successfully completed the Quantitative Proficiency Test and Orientation courses.
From Financial Markets onwards, please visit your current course room and select "Course Registrations" from the left sidebar menu and select the course you wish to register for.* On the next page, click the "Register" button.
Please take note of the start date of the next course. Should you ultimately not be able to commit to the next course, please reach out to Student Support to request a cancellation or withdrawal, and/or inquire about the next possible course session.
*Note that registration will only become available to you one week before the next course start date (i.e. the Tuesday before) and once all the grades for your current course have been released.
You may only attempt a graded quiz once.
To test your knowledge of the new concepts that are introduced each week and to help you get ready for your graded quiz, an ungraded practice quiz is available in each module.
You can take this ungraded quiz up to 5 times (i.e. 5 attempts). Practice quizzes do not affect your final grade.
- Once you click the Start button, the quiz begins and it will count as an attempt. Be sure to click the button only when you are ready to take the quiz.
- Keep in mind that you will only be able to review your answers immediately after the attempt is submitted.
In the United States, online educational programs are regulated state by state. Until the University is fully accredited, we are not permitted to offer our programs in the following states: Alabama, Alaska, Arkansas, California, Delaware, District of Columbia, Georgia, Illinois, Indiana, Iowa, Maryland, Michigan, Minnesota, Montana, New Mexico, New York, North Dakota, Oregon, Pennsylvania, Rhode Island, Texas, Wisconsin, and Wyoming.
You will need to complete the preliminary portion of your application in one sitting. This means that you will have to fill out all required profile fields (marked by an asterisk) and upload all required documents in one sitting. Note that you will not be able to make any changes to your profile once you have saved your information.
Once this portion of your application has been successfully submitted, your information will be automatically saved and you will be able to access the Quantitative Proficiency Test. At this point, you may either take the Quantitative Proficiency Test right away or return to it at a later point.
This test will determine your mathematical and statistical proficiency and eligibility for admission into the program. You will need to earn a minimum score of 75%.
Yes. You have until the end of the last module (i.e. when your final group assignment is due) to complete all quizzes.
All quizzes can be done in your own time but we recommend that you complete each quiz in its respective module or week. It's in your best interest not to leave it all to the last week given the time you need to dedicate to your group assignment.