25 years of pioneering quantitative finance education in the Balkans.
From IMQF (2001) to MCF (2026), one continuous mission: educate the people who will reshape how finance works.
2001 — IMQF founded.
Prof. Branko Urošević launches IMQF (International Master in Quantitative Finance) at the University of Belgrade — the first quantitative finance master program in the Balkans. The vision: train the next generation of quantitative practitioners in a region that didn't yet have such a track.
2020
20 years of cohorts.
Across two decades, IMQF graduates spread across European and global financial institutions — JP Morgan, Deutsche Bank, banks in Vienna and Frankfurt, fintech startups in Belgrade. The advisory board grew alongside the program: Imperial College, OeNB, RavenPack, Goldman Sachs alumni, leading regional banks. Graduates became advisors. Advisors hired graduates. The ecosystem became the moat.
2021 — Transition to MCF.
MCF launches at the School of Computing, Union University (RAF). The integrative thesis sharpens: finance, programming (Python/R), and AI taught together as one discipline. The Short-Cycle pathway opens — making the program accessible to candidates without 240 ECTS prior degrees, including international applicants. Coursework, advisory board, and faculty travel forward.
Where we are now.
First integrative master program of its kind in Europe. 30+ partner institutions and corporate sponsors (Banca Intesa, Raiffeisen, UniCredit, Ominimo, Tenderly, ARPM, Collegio Carlo Alberto). 100% employment within first 3 months for both cohorts. Faculty teaching the way they work — at Imperial, Barclays, JP Morgan, Macquarie.
"We're not training people to write Python scripts for finance. We're training people who think in code AND markets simultaneously — because that's where finance is going. The integrative thinking is the moat."
Three things 25 years got us.
Continuity
Same faculty network. Same advisory ecosystem. Same standard. Students join a network that has been compounding for 25 years.
Iteration
Each cohort sharpens what we teach. Curriculum reviewed annually with industry. The program in 2026 is unrecognisable from 2001 — and that's the point.
Local + Global
Built in Belgrade for international ambition. Hybrid format means borders are irrelevant. Graduates work in Vienna, Frankfurt, London, New York — and Belgrade.
Program Overview
MCF Program Overview
48 pages · Curriculum · Faculty · Admissions · Fees · Scholarships
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Schedule a 30-minute conversation with the Program Director to discuss your background, ambitions, and whether MCF is the right fit.