MONTREAL, May 20, 2011 /CNW Telbec/ - The École de technologie
supérieure (ÉTS) and the Caisse de dépôt et placement du Québec today
announced their collaboration in establishing a new financial
engineering graduate program.
Starting in September 2011, the Programme court de 2e cycle en ingénierie financière (Short Graduate Program in Financial Engineering) will be available to
engineering and applied science professionals who wish to improve their
knowledge of financial markets and products in order to better assess
the financial implications of their projects and collaborate more
effectively with finance experts.
"ÉTS is very proud to launch this innovative program with a partner as
prestigious as the Caisse de dépôt et placement du Québec. The
instruction is based on engineering methods and advanced mathematical
tools, such as numerical simulations and computations, operational
research, and statistical methods, and students will learn how to use
these methods and tools to better assess risks when making financial
decisions," said Yves Beauchamp, Chief Executive Officer of ÉTS.
The Caisse, which initiated the process, helped develop the program with
ÉTS specialists. "This program reflects the Caisse's commitment to help
advance Québec's investment expertise. As has been emphasized by the
Montreal financial cluster, our city holds an important place in the
derivatives market. It is home to major information technology
companies that play an essential role in the derivatives industry. This
program will therefore enable those seeking to supplement their
knowledge as investors to gain practical training that complements
their technical expertise," stated Normand Provost, Chief Operations
Officer and Executive Vice-President, Private Equity with the Caisse.
During the semester, Caisse employees will be invited to share their
experience with the students enrolled in the program, present them with
case studies, and answer their questions about today's financial
The 15-credit program offers five courses:
Financial Theory, Economics and Portfolio Management
Investment Methods and Systems
Financial Risk Management
Financial Engineering Seminar
A bridge is available to enable students in this short program to
continue their studies in a non-thesis Master's program. For more
details, visit the French ÉTS Web site, click the "Programmes d'études" tab, and go to the "Cycles supérieurs"
ABOUT ÉCOLE DE TECHNOLOGIE SUPÉRIEURE (ÉTS)
ÉTS is one of nine Université du Québec constituent universities. The
school trains engineers and researchers renowned for their practical,
innovative approach, development of new technologies, and their
transfer to industry. Nearly one in four Québec engineers graduates
from ÉTS, which has 6,000 students, including over 1,350 at the
master's and doctorate levels. Specialized in applied engineering
teaching and research, it maintains enjoys a unique partnership with
business and industry. Learn more at www.etsmtl.ca.
ABOUT THE CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC
The Caisse de dépôt et placement du Québec is a financial institution
that manages funds primarily for public and private pension and
insurance plans. As at December 31, 2010, it held $151.7 billion in net
assets. As one of Canada's leading institutional fund managers, the
Caisse invests in major financial markets, private equity and real
estate. For more information: www.lacaisse.com.
SOURCE CAISSE DE DEPOT ET PLACEMENT DU QUEBEC
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