WorldQuant University

WorldQuant University (WQU) is an American online university. It has 10 courses, attended by 1500+ students from 90 countries.[1] It is non-profit tuition-free.[1] It is licensed by the Board of Regents of the State of Louisiana.[2]

WorldQuant University
Other name
WQU
Motto
"Talent is equally distributed, but opportunity is not"
TypePrivate (non-profit) co-educational, nonsectarian
Established2015 (2015)
AffiliationBoard of Regents of the State of Louisiana
PresidentIgor Tulchinsky
Students500+
Location
New Orleans
,
Louisiana
,
United States

29.951699°N 90.07054412°W / 29.951699; -90.07054412
CampusOnline
LanguageEnglish
Colours   Orange and Purple
Websitewqu.org

History

WQU was established by Igor Tulchinsky in 2015[1] and is funded by the WorldQuant Foundation.[3] In 2015, when the WorldQuant Foundation launched WorldQuant University, it enrolled several hundred students in a free online master's degree program in financial engineering.[3] Sarah McCue, PhD, conceptualized, led the launch of and served as the first President of WorldQuant University. Daphne Kis was hired as CEO of the WorldQuant University program,[2][4] and the first class was announced to have a 2018 graduation date.[3] In late 2016, the university was awarded the 2016 Dive Award: Startup of the Year by the publication Education Dive.[5] It had enrolled 700 students from 40 countries by June 2017,[4] and was licensed by the Louisiana Board of Regents[2] and seeking recognition from the U.S. Department of Education.[4]

Overview

The university's stated mission is to advance global education through a tuition-free master's degree program in Financial Engineering.[6] 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, [7] in the Master of Science in Financial Engineering program but are no longer required to do so.[8]

Accreditation

WorldQuant University is not currently accredited by any recognized accrediting body in United States but is applying for accreditation through DEAC.[9] WorldQuant is approved to operate by the Board of Regents of the State of Louisiana which makes it a state-approved university.[10]

See also

References
  1. Rosenbush, Steve (August 24, 2017), WorldQuant University Mints Masters of Financial Engineering
  2. Chaparro, Frank (May 19, 2017), A hedge fund manager is supporting a free master's program in financial engineering, Business Insider
  3. Milken, Michael; Tulchinsky, Igor (April 11, 2017), "How Technology Liberates Human Capital", Wall Street Journal
  4. Williamson, Christine (June 12, 2017), WorldQuant University offering free master's, Pensions & Investments
  5. WorldQuant University Named "Startup of the Year" by Education Dive, WorldQuant, November 29, 2016
  6. WQU Enrollment Diversity
  7. WorldQuant University Catalog
  8. How much does it cost?
  9. DEAC Applicants for Accreditation
  10. Board of Regents of the State of Louisiana
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