NEW YORK--(BUSINESS WIRE)--WorldQuant University (WQU) – a tuition-free, online master’s degree program in financial engineering – today announced its Commitment to Action seeking to address the disparity gap between talent and educational opportunity throughout the world by providing access to advanced education to talented individuals across cultural and economic backgrounds. The announcement was made today at the 2016 Clinton Global Initiative (CGI) Annual Meeting in New York City.
By making advanced financial engineering education accessible to students worldwide, WQU seeks to enable students anywhere to advance their career in a cutting-edge field, without the burden of tuition costs. Courses are taught by leaders in financial engineering, technology and education who possess significant real-world experience from various disciplines and backgrounds. Currently WQU has 200 enrolled students from more than 35 countries.
Through its CGI commitment, WQU seeks to scale access to the program to qualified students throughout the world by strategically selecting accomplished partners that will help identify, recruit and employ talented students. While WQU accepts students from all over the world, WQU’s commitment is focused on expanding its presence in China, Hungary, India, Kenya, Nigeria, Russia and Vietnam.
“Education is a critical component of a successful society, as it opens doors and improves lives. While talent is equally distributed throughout the world, unfortunately opportunity is not. Today, access to high-quality education is dependent upon uncontrollable factors, such as financial means and place of birth. Educational opportunities should not continue to be a privilege rather than a right,” said WQU’s Founder, Igor Tulchinsky. “WorldQuant University strives to address this dilemma, while enabling a virtuous cycle benefitting the broader communities in which our graduates live. Regardless of location or means, qualified students receive tuition-free, advanced education helping them achieve their true potential, prepare for impactful and rewarding careers and further their communities.”
“Although it’s only been a year since inception, students are already experiencing the benefits of WorldQuant University’s renowned faculty and curriculum, as they are developing invaluable skills and excelling in their studies. While the monumental challenge of providing universal access to high-quality education will not be solved overnight, WorldQuant University’s focus on providing opportunity to talented students is improving lives throughout the world,” said WQU’s CEO, Daphne Kis. “With the ability to leverage our advanced, online technology platform, WQU is positioned to accommodate thousands of students around the world. The University looks forward to partnering with CGI’s extraordinary member organizations to educate many who would not otherwise have the opportunity of earning a graduate degree and realize its benefits.”
WorldQuant University announced its Commitment to Action at the CGI “Achieving Universal Quality Education” session on Wednesday, September 21, 2016. For more information, visit https://worldquantuniversity.org/.
About WorldQuant University
WorldQuant University offers a tuition-free, online master’s degree in financial engineering. By making high-quality education accessible to students worldwide, WorldQuant University’s innovative online platform enables students to advance their career in a cutting-edge field without the burden of tuition costs. Founded on the belief that talent is equally distributed globally, while opportunity is not, WorldQuant University seeks to address this disparity gap by providing a high-quality educational opportunity to better position talented individuals from across cultural and economic backgrounds to achieve their potential and further their communities. WorldQuant University prepares graduates for challenging and rewarding positions in research, trading, and technology in both emerging and established markets. WorldQuant University was founded in 2015 and is funded by the WorldQuant Foundation, whose primary mission is to make high-quality education more accessible worldwide. For more information, visit https://worldquantuniversity.org/.
About the Clinton Global Initiative
Established in 2005 by President Bill Clinton, the Clinton Global Initiative (CGI), an initiative of the Clinton Foundation, convenes global leaders to create and implement solutions to the world's most pressing challenges. CGI Annual Meetings have brought together 190 sitting and former heads of state, more than 20 Nobel Prize laureates, and hundreds of leading CEOs, heads of foundations and NGOs, major philanthropists, and members of the media. To date, members of the CGI community have made more than 3,600 Commitments to Action, which have improved the lives of over 435 million people in more than 180 countries. For more information, visit clintonglobalinitiative.org and follow us on Twitter @ClintonGlobal and Facebook at facebook.com/clintonglobalinitiative.