Master of Science
in Quantitative Finance

The Master of Science in Quantitative Finance programme, as envisioned by the Amrut Mody School of Management at Ahmedabad University, is a unique programme in the country for it focusses on imparting advanced quantitative techniques that is required for students who are intent on pursuing a career in Financial Modelling, Asset Management, Risk Mitigation, and Investment Banking. Unlike specialised programmes that are offered in silos, the Master of Science in Quantitative Finance programme at Ahmedabad University offers ample avenues to the students to make the most out of the broader liberal arts university ecosystem that encourages and nurtures interdisciplinarity.

The Master of Science in Quantitative Finance is a fully-residential two-year post-graduate programme offered by Amrut Mody School of Management of Ahmedabad University. This programme is a confluence of mathematics, financial markets, and economics. The contents and the depth of the courses offered in this programme have been arrived at keeping in view the demands and the expectations of industry. Graduating students are expected to have a deep understanding of the mathematical underpinnings of financial markets. They should possess requisite coding skills and should be in a position to apply the quantitative techniques in real-world context to address empirical anomalies. The pedagogy consists of, not limited to, faculty led classroom discussions, simulation exercises, case analysis/group activities, workshops, and practitioner interactions.

Programme Uniqueness

Master of Science in Quantitative Finance programme is unique when compared to similar kinds of programmes offered by prestigious institutes in India and abroad in the following ways:

• The programme is geared towards making students internalise economics and functioning of financial markets and its mathematical underpinnings in a holistic manner.
• The programme provides a strong background in programming with applications in finance.
• The programme brings to the forefront Ahmedabad University’s enduring commitment to interdisciplinarity approach as it offers a wide basket of electives for student to choose from based on their area of interest and career plans.

Master of Science in Quantitative Finance programme offers strong theoretical foundations of mathematical finance in general and financial markets in particular. The programme comprises of a set of core and elective courses with focus on computational finance. The core courses are designed to build a strong foundation for the students based on which they can choose from a diverse pool of electives matching individual interests. Along with advanced techniques in finance, the courses on economics and analytics offer the right blende for making this a unique programme. 

The programme requires all students to successfully complete an internship, duration of which is between 6-8 weeks at the end of the first academic year. 

Learning Outcomes

On successful completion of the Master of Science in Quantitative Finance programme, a student is expected to have both strong theoretical as well as empirical understanding of the subject. Further, the internship will expose students to applying the knowledge gained in real life and thus, build a bridge between theory and practice. As a part of the curriculum, students will also acquire proficiency in relevant programming techniques that are key ingredients for a successful future career.