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'{{Short description|Not-for-profit data science university}} {{primary sources|date=August 2017}} {{Use mdy dates|date=July 2017}} {{Infobox university | name = WorldQuant University | native_name = | native_name_lang = | image = WQU logo color.png | other_name = WQU | image_alt = WorldQuant University Logo | motto = "Talent is equally distributed globally, but opportunity is not" | motto_lang = en | established = {{start date|2015}} | type = [[Private university|Private]] ([[non-profit]]), [[distance education]] university | affiliation = [[Louisiana Board of Regents|Board of Regents of the State of Louisiana]], [[Distance Education Accreditation Commission]] | officer_in_charge = | chairman = | chancellor = | president = | vice_chancellor = | head_label = [[Visitor]] | head = | academic_staff = | administrative_staff = | accreditation = [[DEAC]] | students = 500+ | other_students = | city = [[New Orleans]] | state = [[Louisiana]] | province = | country = [[United States]] | coordinates = {{coord|29.951699|-90.07054412 |type:edu |display=inline}} | campus = Online | language = English | athletics = | sports = | website = {{URL|https://www.wqu.edu/}} | footnotes = }} '''WorldQuant University''' ('''WQU''') is a U.S. accredited<ref>{{Cite web |date=2021-03-11 |title=WorldQuant University Granted Accreditation from the Distance Education Accrediting Commission |url=https://www.businesswire.com/news/home/20210311005187/en/WorldQuant-University-Granted-Accreditation-from-the-Distance-Education-Accrediting-Commission |access-date=2022-05-04 |website=www.businesswire.com |language=en}}</ref> [[not-for-profit]] [[distance education|online]] [[university]]. Its programs are entirely-free. As of May 2022, between its two programs, WQU has graduated more than 11,000 students from over 100 countries.<ref name=WS>{{Citation |last=Rosenbush |first=Steve |date=August 24, 2017 |title=WorldQuant University Mints Masters of Financial Engineering|newspaper=Wall Street Journal |url=https://blogs.wsj.com/cio/2017/08/24/quantitative-investing-pioneer-shifts-profits-into-advanced-fintech-education/ }}</ref> It is licensed by the [[Louisiana Board of Regents|Board of Regents of the State of Louisiana]] and accredited by the [[Distance Education Accrediting Commission]] (DEAC) for its Master’s Degree in Financial Engineering Program.<ref name=two/><ref>{{Cite web|date=2021-03-11|title=WorldQuant University Granted Accreditation from the Distance Education Accrediting Commission|url=https://www.businesswire.com/news/home/20210311005187/en/WorldQuant-University-Granted-Accreditation-from-the-Distance-Education-Accrediting-Commission|access-date=2021-08-16|website=www.businesswire.com|language=en}}</ref> WQU’s Applied Data Science Lab is a credentialed offering where students use [[data analysis]] to solve real-world and complex problems. ==Overview== WorldQuant University was founded by Igor Tulchinsky<ref>{{Cite web |last=Chaparro |first=Frank |title=A hedge fund manager is supporting a free master's program in financial engineering |url=https://www.businessinsider.com/free-masters-program-in-financial-engineering-2017-5 |access-date=2022-05-04 |website=Business Insider |language=en-US}}</ref><ref>{{Cite news|last=Condliffe|first=Jamie|date=2018-09-28|title=In the Hunt for Quants, One Hedge Fund Held a Global Talent Contest|language=en-US|work=[[The New York Times]]|url=https://www.nytimes.com/2018/09/28/business/dealbook/worldquant-quants-talent.html|access-date=2021-08-16|issn=0362-4331}}</ref><ref>{{Cite news|last=Rosenbush|first=Steve|date=2017-08-24|title=WorldQuant University Mints Masters of Financial Engineering|language=en-US|work=Wall Street Journal|url=https://www.wsj.com/articles/quantitative-investing-pioneer-shifts-profits-into-advanced-fintech-education-1503604419|access-date=2021-08-14|issn=0099-9660}}</ref> in 2015<ref name=WS/> on the premise that talent is equally distributed but opportunity is not. The University is funded by the WorldQuant Foundation.<ref name=one/> After being licensed by the [[Louisiana Board of Regents]], the Foundation launched WQU in 2015 enrolling several hundred students in a free, online [[Master's degree]] in [[Quantitative finance|Quantitative Finance]].<ref name=one>{{Citation |last1= Milken |first1= Michael |last2=Tulchinsky |first2=Igor |date=April 11, 2017 |title=How Technology Liberates Human Capital |newspaper=[[Wall Street Journal]] |url=https://www.wsj.com/articles/how-technology-liberates-human-capital-1491946796}}</ref> As its first president, Sarah McCue, PhD, conceptualized and led the launch of WQU's financial engineering Master's Degree. Daphne Kis, who had served on the University's Advisory Board,<ref name=two/><ref name=three>{{Citation |last=Williamson |first=Christine |date=June 12, 2017 |title=WorldQuant University offering free master's |publisher=Pensions & Investments |url=http://www.pionline.com/article/20170612/PRINT/306129990/worldquant-university-offering-free-masters-degree }}</ref> was brought on as CEO and Board Director in 2017.<ref name=one/> In late 2016, the university was awarded the 2016 Dive Award: Startup of the Year by the publication ''Education Dive''.<ref name=four>{{Citation |date= November 29, 2016 |title=WorldQuant University Named "Startup of the Year" by Education Dive |publisher=WorldQuant |url=http://www.prweb.com/releases/2016/12/prweb13885388.htm }}</ref> By June 2017, it had enrolled 700 students from 40 countries.<ref name=three/><ref name=two>{{Citation|last=Chaparro |first=Frank |date=May 19, 2017 |title=A hedge fund manager is supporting a free master's program in financial engineering |publisher=[[Business Insider]] |url=https://www.businessinsider.com/free-masters-program-in-financial-engineering-2017-5?%3Butm_medium=referral&r=US&IR=T }}</ref> In 2021, WQU was accredited by the Distance Education Accrediting Commission ([[Distance Education Accrediting Commission|DEAC]]). Through [[WorldQuant]], it is a Strategic Partner of the [[Milken Institute]] and the [[World Economic Forum]] (WEF).<ref>{{Cite web|title=Igor Tulchinsky {{!}} Milken Institute|url=https://milkeninstitute.org/events/gc19/speakers/35207|access-date=2021-08-16|website=milkeninstitute.org|language=en}}</ref> === Relationship to WorldQuant === Igor Tulchinsky, Founder, Chairman, and CEO of [[WorldQuant]], LLC, established the WorldQuant Foundation, which sponsors WorldQuant University. === Advisory board === WorldQuant University’s Advisory Board is a group of prominent leaders in the finance, business, and education sectors who function as advocates and advisors. Active members provide support regarding educational requirements, professional preparation, and overall workplace development to WQU leadership. WQU’s Advisory Board meets on a regular basis. Members of the Advisory Board include Linda Ban, Lydiah Kemunto Bosire, [[Lenore Blum]], Marc Carletti, Michael DeAddio, [[Bruno Dupire]], [[Esther Dyson]], [[Paul Tudor Jones]], [[Ann Kirschner]], Alex Lipton, Christopher Mason, Mel Ochoa, [[David Shrier]], Admiral James Stavridis, USN, and Susan Wolford. == Academics == WorldQuant University currently offers an entirely-free, two-year Master of Science in Financial Engineering (MScFE) degree program and a free, self-paced Applied Data Science Lab. Successful completion of the former results in the student earning an accredited Master's degree; upon completion of the latter, students attain a shareable [https://info.credly.com/ Credly] certification. === Accreditation === WorldQuant University is accredited in all 50 states by the [[Distance Education Accrediting Commission]] (DEAC), a [[United States Department of Education]] authorized accreditor.<ref>{{cite web|url=https://www.deac.org/UploadedDocuments/Public-Notices/Accreditation-Actions/030121_AC_meeting_report.pdf|title=Report from the Accrediting Commission|access-date=2023-08-12|date=2021-03-01|archive-url=https://web.archive.org/web/20210516151148/https://www.deac.org/UploadedDocuments/Public-Notices/Accreditation-Actions/030121_AC_meeting_report.pdf|archive-date=2021-05-16|url-status=live}}</ref><ref>{{Cite web|url=https://www.deac.org/Public-Notices/Accreditation-Actions.aspx|title = Accreditation Actions}}</ref> The State Authorization Reciprocity Agreement (NC-SARA) has also approved WQU to offer its online education programs to students in 49 US states, the [[District of Columbia]], and US territories. The University also enrolls students in [[California]] under a non-profit exemption. WQU is approved to operate by the [[Louisiana Board of Regents|Board of Regents of the State of Louisiana]]<ref>[http://www.regents.la.gov/assets/docs/Board/Board-Minutes-2015-0826.pdf Board of Regents of the State of Louisiana]</ref> === MSc in Financial Engineering === WorldQuant University's entirely-free, accredited, online [[MSc]] in [[Financial Engineering]] Program integrates mathematical, statistical, and [[computer science]] tools with [[finance theory]] and professional business skills. The two-year program consists of nine graduate-level courses and a Capstone course during which students complete a culminating project. Course topics span [[financial market]]s, [[data feed]]s, and [[computational finance]], among other subjects.<ref> [https://wqu.org/documents/wqu-catalog.pdf WorldQuant University Catalog]</ref> === Applied Data Science Lab === The Applied Data Science Lab is a free, credentialed offering where students use [[data analysis]] to solve real-world meaningful, and complex problems. During this self-paced course, students complete eight projects that range from exploring housing prices in Mexico to predicting air quality in Kenya. They work with publicly available datasets, upon which they can develop larger portfolio projects. Students receive real-time feedback as well as opportunities to collaborate with their peers and to participate in live office hours with their instructor. ==See also== {{Portal|Education|Internet}} *[[Cooperative learning]] *[[Cooperative education]] *[[Open educational resources]] *[[Online learning in higher education|Online learning]] == References == <references /> ==External links== *[https://wqu.org/ WorldQuant University Official Website] {{authority control}} <!-- categories --> [[Category:Distance education institutions based in the United States]] [[Category:Universities and colleges established in 2015]] [[Category:American educational websites]] [[Category:Non-profit organizations based in Louisiana]] [[Category:Open universities]] [[Category:Universities and colleges in New Orleans]] [[Category:Private universities and colleges in Louisiana]] [[Category:Virtual learning environments]] [[Category:2015 establishments in Louisiana]]'