MSc in Quantitative Finance or Master of Science in Quantitative Finance is a postgraduate degree programme in the field of finance. Master of Science in Quantitative Finance is a specialised course that provides knowledge of using mathematical and statistical techniques to solve complex financial problems. This specialisation in Finance subjects equips students with the knowledge and skills required to excel in the field of finance, such as financial modelling, risk management, asset pricing, and trading.
Master of Science in Quantitative Finance is one of the increasingly popular finance courses in recent times. MSc Quantitative Finance graduates can find various career opportunities in investment banking, financial consulting, asset management, and quantitative analysis. The Master of Science in Quantitative Finance course equips students with the knowledge and skills to handle the complex problems of modern data-driven financial markets. In this article, we will discuss the MSc Quantitative Finance course details, such as MSc Quantitative Finance fees, MSc Quantitative Finance syllabus, MSc Quantitative Finance salary, and MSc Quantitative Finance colleges.
Particulars | Values |
Degree Name | MSc in Quantitative Finance |
Degree Type | Postgraduate |
Degree Duration | 2 years |
Entrance Exams | CAT, MAT, CMAT, SNAP |
Eligibility Criteria | Bachelor’s degree |
Admission process | Entrance Test |
Fees for the entire duration | Rs. 5 lakhs |
Average Salary | Rs. 6 LPA |
Job profiles | Investment Banker, Equity Research Analyst, Risk Management Analyst |
Top recruiters | Ernst & Young, Morgan Stanley, JP Morgan Chase, Genpact, CRISIL, Accenture, IDBI Life Insurance |
Candidates who want to pursue an MSc in Quantitative Finance course should follow all the MSc in Quantitative Finance eligibility criteria. Some colleges offer MSc in Quantitative Finance admission based on the entrance examination and few colleges offer admission based on a first come first served basis. Interested candidates must check the official website for the MSc in Quantitative Finance eligibility criteria and admission procedure before applying for it.
MSc Quantitative Finance admission procedure may differ based on the university or institute. Some colleges and universities offer MSc Quantitative Finance admission on a merit basis and some colleges provide admission based on the marks obtained in the entrance examination.
In this section, we have discussed the national-level and university-level entrance examinations that can be appeared by students to apply for admission to the MSc Quantitative Finance course.
CAT: The Common Admission Test or CAT is the national-level entrance examination conducted by the Indian Institute of Management for offering admission to various MBA courses.
MAT: Management Aptitude Test or MAT is a national entrance examination conducted by the AIMA or All India Management Association for admission to various MBA courses.
XAT: Xavier Aptitude Test or XAT is a university-level entrance examination conducted by XLRI Jamshedpur for admission to various MBA courses at Xaviers and other colleges.
CUET PG: CUET PG or Common University Entrance Test-PG is a national-level entrance examination conducted by NTA (National Testing Agency) for admission to various master's degree programmes. CUET-PG entrance examination is accepted by 47 central universities in India.
SNAP: Symbiosis National Aptitude Test or SNAP is a university-level entrance examination, conducted by Symbiosis International University, for admission to various management and other courses.
MSc Quantitative Finance cut-off is a criteria that is used to provide admission to students in various colleges in India. MSc Quantitative Finance cut-off depends on various factors, such as the number of students appearing for the entrance examination or applying for the course programme, the difficulty level of the entrance exam and the previous year's cut-off. Cut-off of any of the entrance examinations, such as CAT, MAT, XAT, and SNAP is required to offer MSc Quantitative Finance admission.
The MSc Quantitative Finance syllabus might vary from one college to another but overall the MSc Quantitative Finance is quite similar for every institute. In the table below, we have mentioned the MSc Quantitative Finance syllabus of Pondicherry University.
Semester I | |
Financial Institutions and Markets | Accounting and financial analysis |
Managerial Economics | Basic Econometrics |
Probability and Distributions | Lab I: Data Analytics (Minitab) |
Lab II: Financial Statement Analysis (Using Excel) | |
Comprehensive Viva | - |
Semester II | |
Security Markets and Portfolio Management | Empirical Methods in Finance |
Applied Econometrics | Global Finance and International Banking |
Statistical Inference | Lab III: Advanced Data Analytics (SPSS) |
Lab IV: Corporate Finance (CMIE DataBase) | Presentation and Comprehensive Viva |
Semester III | |
Time Series Analysis and Forecasting | Investment Banking |
Lab V: Applied Financial Analytics (Using R Language) | Presentation and Comprehensive Viva |
Corporate Internship | - |
Semester IV | |
Contemporary Development in Quantitative Finance (Workshop) | Project Work |
Comprehensive Viva | - |
Electives (Applied Statistics) | |
Optimization Techniques | Stochastic modeling |
Financial Mathematics | Multivariate Data Analysis |
Numerical Methods | Statistical Techniques for Managers |
Electives (Information Technology) | |
Data Warehousing and Data Mining | Management Information System |
Information Security | Oracle and Database Management |
Object-oriented programming using C++ | Visual Basic Programming |
Electives (Risk Management) | |
Financial Engineering and Derivatives | OTC Derivatives |
Big Data Analytics | Risk Management and Strategies |
Treasury and Fixed Income Securities | Forex Risk Management |
MSc in Quantitative Finance fees might differ from one university to another, based on the type of university, whether they are public or private. Candidates should check the MSc Quantitative Finance fees of their preferred college. The average MSc Quantitative Finance fees at Ahmedabad University are Rs. 5 lakhs.
MSc in Quantitative Finance provides various career options in the field of finance for graduates. The Masters in Quantitative Finance course equips students with a strong foundation in financial modelling, mathematical modelling, data analysis, and financial theory. Because of such topics, students prepare themselves for various career opportunities in the finance industry. Graduates after completing the Masters in Quantitative Finance Course can find jobs in different fields, such as investment banking, asset management, risk management, and hedge funds. Graduates after completing the Masters in Quantitative Finance course can pursue a Ph.D. in finance or related fields.
There are various MSc in Quantitative Finance career options that graduates can explore after completing their MSc in Computer Science Engineering course. Mentioned below are some popular quantitative finance jobs graduates can pursue.
Investment Banker: An investment banker is a finance professional who works for finance companies and raises cash for individuals, private firms, governments, and other organisations. He or she provides instructions on how to save time and money by recognising the risks in a project before it moves ahead.
Equity Research Analyst: An equity research analyst writes reports, forecasts, and recommendations about companies and stocks. Investment firms (buy-side) as well as individuals or brokerage firms (sell-side) that sell products to the buy-side hire equity research analysts.
Risk Management Analyst: A risk management analyst assists businesses in deciding which financial risks can occur because of acquisitions and operational expenses. A risk management analyst finds, analyses, and solves various problems that can help companies thrive or avoid unnecessary financial loss.
The MSc in Quantitative Finance course offers numerous benefits to graduates. The Master of Science in Quantitative Finance course provides knowledge of advanced quantitative skills, such as mathematical modelling, financial modelling, risk analysis and statistical analysis. The Master of Science in Quantitative Finance course helps graduates excel in various financial jobs such as portfolio management, risk analysis, and algorithmic trading.
Comprehensive knowledge of financial markets and instruments is covered in the Master of Science in Quantitative Finance course, which enables students to make informed investment decisions and manage financial assets effectively. MSc in Quantitative Finance course opens doors to various finance-related jobs and provides a lucrative salary package.
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The expected MSc Quantitative Finance salary in India after the course depends on the job profile, company, field of employment, and location. In the table below, we have mentioned the average MSc Quantitative Finance salary in India for careers that can be pursued by completing a Master of Science in Quantitative Finance course.
Job Profiles | Average Salary |
Investment Banker | Rs. 6.5 LPA |
Equity Research Analyst | Rs. 10.0 LPA |
Risk Management Analyst | Rs. 10.2 LPA |
MSc in Quantitative Finance or Master of Science in Quantitative Finance is a postgraduate degree programme in the field of finance. Master of Science in Quantitative Finance is a specialised course that provides a knowledge of using mathematical and statistical techniques to solve complex financial problems.
Candidates must complete a BCom degree programme in the related field from a recognised university in India to pursue the MSc Quantitative Finance course.
The top career choices after completing MSc Quantitative Finance course are Investment Banker, Equity Research Analyst, Risk Management Analyst.
Admit Card Date:12 May,2025 - 27 May,2025