QPE

Quantitative Portfolio Engineering

Advanced certification for portfolio managers, risk officers, and quants. Validates expertise in portfolio optimization, risk modeling, and systematic strategy implementation.

6 Hours Total Exam Time
2 Parts Exam Structure
DSF Required Prerequisite
3 Years Validity
QPE
Quantitative Portfolio Engineering
Advanced Professional Certification

Exam Structure

PART I
Portfolio Construction
3 hours · 60 questions + case study
  • Mean-variance optimization under constraints
  • Black-Litterman model implementation
  • Risk parity and factor allocation
  • Rebalancing and transaction costs
  • Multi-period optimization
  • ESG and custom constraint integration
PART II
Risk & Performance
3 hours · 60 questions + case study
  • VaR and Expected Shortfall estimation
  • Factor risk decomposition
  • Stress testing and scenario analysis
  • Brinson attribution and factor attribution
  • Risk budgeting and limit frameworks
  • Regime detection and tail risk

Skills Validated

CORE
Optimization
Quadratic and convex optimization
CORE
Risk Modeling
Factor models and covariance
CORE
Attribution
Return decomposition
ADVANCED
Stress Testing
Scenario design and analysis
ADVANCED
Regime Analysis
Correlation breakdown modeling
APPLIED
Implementation
Python/pandas proficiency

Who Should Certify

Portfolio Managers
Validate quantitative skills for systematic or quant-overlay strategies. Demonstrate optimization and risk management expertise to allocators.
Risk Managers
Prove mastery of risk measurement, stress testing, and limit frameworks. Essential for CRO-track roles at asset managers and banks.
Quantitative Analysts
Demonstrate portfolio-level skills beyond individual model building. Bridge from research to portfolio implementation.
Allocators
Understand the quantitative methods used by managers you evaluate. Ask better questions during due diligence.

Advance Your Expertise

The QPE certification signals advanced quantitative portfolio skills. Requires DSF certification or equivalent foundation.

DSF First Study Materials