If you are applying for our MSc in Financial Engineering (MScFE) program, completing the Quantitative Proficiency Test with a passing grade is a mandatory requirement for admission.
The Quantitative Proficiency Test assesses your mathematical and statistical proficiency as well as fundamentals in Python programming and data structures to help us determine your eligibility for admission to the Master of Science in Financial Engineering (MScFE) program.
How to Prepare:
Assess your current skill level: Identify your strengths and areas for improvement in quantitative subjects.
You can find a document with sample questions here.
Allocate time effectively: Dedicate time regularly to study mathematics, statistics, and basic programming concepts.
Utilize resources: Enroll in introductory courses or leverage online study platforms to ensure you cover core topics comprehensively.
Make sure you prepare thoroughly for the test and for the successful completion of the Program. Use this list of (free!) online resources to strengthen your mathematical, statistical, and programming skills.
To minimize technical issues use a desktop device and ensure a stable and reliable internet connection before starting the exam
Important Considerations:
It consists of 60 questions and must be completed in one sitting within two (2) hours.
The minimum passing grade for the test is 75%.
The assessment is open book, you can support materials such as lesson notes, readings, and calculators. Do not use any AI tools.
If you fail the Quantitative Proficiency Test you'll get a second chance to reattempt it after a 7-day waiting period.
Applicants who do not pass the test on their 2nd attempt are able to reapply to the Program following a waiting period of 6 months from the date of their 2nd attempt.
Important Warning: Each student may create and maintain only one account on the WQU learning platform, regardless of the number of programs they are enrolled in. Creating, operating, or controlling more than one account is prohibited unless expressly permitted by the Academic Dean or other authorized personnel. Creating duplicate accounts to bypass restrictions currently in place is strictly prohibited. This includes creating multiple accounts to gain additional attempts at an Admission Test or to apply to multiple graduate programs, and creating a new account after an existing account has been suspended, terminated, or withdrawn.