1. > Certificate in C++ for Quantitative Finance
Classroom programme or live distance learning
“This course is a practical introduction to programming focused
on financial applications…designed to build up libraries of code
used in many applications…teaching is conducted by an expert
who can pass on valuable advice…a "must" for Quants to
develop an understanding of the C++ language.”
Peter Sime MA(Oxon); MSc(Lon) Wachovia Bank NA

2. > Certificate in C++ for Quantitative Finance
Software development in C++ is one of the key technologies employed by global financial
institutions, particularly due to its support of object-oriented programming. This has resulted
in a minimum requirement for all quantitative professionals to have a solid core background
in C++ modelling.
The C++ Certificate is a self-contained course taking delegates from simple programming examples
straight up to basic object-oriented applications, with real-world examples from the quantitative
finance arena to illustrate the powerful nature of this language. The course assumes
no previous knowledge of C/C++, although familiarity with basic high-level language programming
concepts is considered an advantage.
The course will develop problem-solving skills using C++ together with numerical analysis and
quantitative finance. All relevant models for derivative pricing will be presented along with the
appropriate numerical techniques required, to reduce problems to algorithmic form, from which
writing code and obtaining computational solutions becomes a straightforward task.
Your Questions Answered
Is this course suitable for me?
The Certificate in C++ attracts individuals from a cross section of roles and
backgrounds. If you work in the financial markets (or are hoping to gain
employment in this sector) and are interested in applying C++ to model
problems in quantitative finance, derivative pricing in particular, then you
should definitely consider this course. Equally, if you have previously
learned basic C++ but are now a little rusty or have not had the opportunity
to apply the language, this programme will be suitable.
Do I need prior knowledge of programming or the C++ language
to enrol on the programme?
No prior knowledge is necessary. The Certificate programme assumes no
previous knowledge of the C++ language and starts at a very basic level
with simple programming examples.
How practical are the classes?
C++ classes are extremely practical. An application based ethos is the
underlying feature of the course and delegates are encouraged to start
developing code from the outset.
Will I be required to complete assessments or tests?
Yes. You will be given weekly assessments which you will be expected to
complete to a certain standard. Upon successful completion of all
assessments you will be awarded the Certificate in C++.
What support will I receive throughout the programme?
During the Certificate programme you will have continual access to your
tutor outside the classroom sessions, either via phone, e-mail or 1-2-1
tutorials held at the 7city training centre.
What knowledge will I have by the end of the course?
After ten classroom sessions, you will leave the programme with a sound
practical knowledge of programming in the C++ language. You will also
have learned about the computational methods used for the pricing of
derivatives, i.e. Finite Difference Method and Monte Carlo Technique.
Do I need my own computer to participate in the programme?
You will be required to bring a laptop, with MS Visual Studio .Net installed,
to each classroom session.
What happens if I am called away on business and miss a class?
All classroom sessions are recorded. You will have continual access to
these via your 7C-Online account and therefore will be able to access
missed classes at a time convenient to you.
Does choosing the distance learning option put me at a disadvantage?
Distance-learning delegates conference into the C++ lectures and
participate alongside classroom delegates. The course lecturer maintains
a two-way dialogue to ensure questions are addressed throughout the
session. Therefore, you are able to have the same level of interaction with
the tutor and will be able to see and hear the lecturer, lecture notes and
hand-written annotations. You will also receive the same level of outside
class study support.
"The C++ course taught me how to implement several
important quantitative techniques. Turning the formulas
into C++ code really gave me a solid understanding of
the concepts.”
Christopher Grune C++ delegate

3. Course Syllabus
Variables, Types and Expressions
o Identifiers
o Data types
o Declarations
o Constants and enumerations
o Assignment and expressions
Branch and Loop Statements
o Boolean values
o 'For', 'While' and 'Do....While' loops
o Multiple selection and switch statements
o Blocks and scoping
Functions and Procedural Abstraction
o User-defined functions
o Value and reference parameters
o Polymorphism and overloading
o Procedural abstraction and good programming style
o Splitting programs into different files
Files and Streams
o Input and output using files and streams
o Streams as arguments to functions
o Input and output using '<' and '>'
Arrays and Strings
o Declaring arrays and strings
o Arrays as parameters
o Sorting arrays
o Multi-dimensional arrays
o String manipulation
Pointers
o Declaring pointers
o The '*', '&', 'new' and 'delete' operators
o Pointer arithmetic
o Automatic and dynamic variables
Classes
o The object-oriented paradigm
o Encapsulation and inheritance in C++
o Constructors, friends and overloaded operators
o Function Templates
Numerical Methods
o Approximating a PDF/CDF of linear systems
o Direct methods of solution and iterative techniques
o Numerical integration
o Power method
o Explicit and implicit finite difference methods for parabolic PDEs
o Monte Carlo method
Quantitative Finance
o Pricing of European, American, Exotic and Basket Options
o Interest rates and products
o Volatility modelling
o Multi-asset options
Excel Add-ins
Course Director: Dr Riaz Ahmad
Dr Riaz Ahmad received advanced degrees in
mathematics from University College London
and Imperial College London.
He has held academic positions at Imperial
College, Lahore University of Management
Sciences (LUMS), Pakistan and more recently
Oxford University (Mathematical Institute),
where he was also assistant academic director of
the university’s M.Sc. Mathematical Finance
Program.
Riaz is full-time director at 7city for all
mathematical and computational finance based
courses. In addition he oversees 7city’s
Quantitative Finance series and consults on
mathematical finance issues to City Institutions.
His research interests are in theoretical and
numerical/computational methods for derivative
pricing and Islamic Banking.
Course Tutor: Walter Eaves
Walter read Electrical Engineering at Imperial
College and went on to develop and deliver
firmware for embedded communications
systems before studying for a Master degree in
communications engineering.
He then developed distributed processing infra-
structures for CORBA technologies, before
studying for a doctorate, sponsored by his
employer, ICL. Walter worked for over four years
in novel distributed processing and database
technologies at University College London.
He currently works for Trafigura as a Risk Analyst
and in database access and processing
technologies for extensive Monte-Carlo
projections. He has contributed to a number of
industry standards and is currently a member of
the FpML working group for Energy and
Commodities products.
Course Tutor: Dominic Connor
Dominic has been programming in C and C++
since the 1980s when he graduated from Queen
Mary College London.
He has built trading systems for bond & equity
markets, secure networks for the British
government, reviewed C++ compilers for PC
Magazine, and debugged operating systems for
IBM & Microsoft.
At some point he has written code for every
major environment including Windows, OS/2,
Reuters, Bloomberg, VMS, AS/400, DOS,VM
and Unix.
Cost: £1,995 + VAT
Duration: Ten evenings
Dates: 6 + 9 + 13 + 16 + 20 + 23 + 28 + 30 March + 3 + 6 April 2006
4 + 7 + 11 + 14 + 18 + 21 + 25 + 28 September + 2 + 5 October 2006
Previous delegates include individuals
from the following companies:
Barclays Capital Lehman Brothers
BNP Paribas RBS
CSFB Schroders
Deutsche Bank UBS
DrKW Wachovia Bank NA
HSBC

4. For further details on the Certificate in
C++ for Quantitative Finance - classroom
or live distance learning - please contact:
7city Learning
Princes House
95 Gresham Street
London EC2V 7NA
T +44 (0) 20 7796 1910
F +44 (0) 20 7796 1710
E quants@7city.com
www.7city.com
Quantitative Finance courses include:
o Certificate in Quantitative Finance
o Mathematics for Quantitative Finance
o Certificate in C++ for Quantitative Finance
o Exotic Equity Options, Pricing and Hedging
o Volatility, Advanced Modelling with PC Workshops
o VG Modelling: Pricing Financial Derivatives in Equity
and Credit Risk