Apply for Master of Science in Quantitative Economics

The Master of Science in Quantitative Economics is a two year fully residential programme with a focus on contemporary quantitative methods including artificial intelligence and machine learning in big data which are becoming necessary skills for a modern-day economist, this Programme also includes history of economic thought and the Indian economic system, which add a unique blend of the philosophy and the data skills required for the subject of economics in the modern world. 


The candidate must hold a Bachelor’s Degree in any discipline with at least 50 percent marks (45 percent for SC/ST candidates) or equivalent cumulative grade point average (CGPA). A background in mathematics and / or statistics is needed for the course. A candidate who has appeared for the final year examination of bachelor’s degree can also apply and will be required to furnish a certificate from the university/ institution certifying that the candidate has aggregated 50 percent marks in the previous examinations. Ahmedabad University may verify eligibility at various stages of the selection process. Candidates should note that the mere fulfilment of the minimum eligibility criteria will not ensure consideration for shortlisting.

Selection Process

Candidates may apply to the Programme based on their CAT/XAT/GMAT/GRE/GATE scores. Additionally, potential applications who have not taken any of the earlier mentioned tests can also take the AMSOM test. All shortlisted candidates would be called for a personal interview.

The University will offer admission to the candidates who meet its standard performance requirements across all the selection components, as defined by the Admission Committee, and as approved by competent authorities.

The AMSOM Test has three sections as listed below.

Section Weightage
Verbal Ability, Logical Reasoning, Data Interpretation 30%
Basic Concepts of Microeconomics, Macroeconomics and Financial Markets 30%
Mathematics and Quantitative Aptitude (Sets, Algebra, Permutations And Combinations, Linear Algebra, Differential And Integral Calculus, Elementary Statistics, Basic Probability Theory, Euclidean And Coordinate Geometry, Trigonometry) 40%

Admission Procedure

Candidates seeking admission in the Masters programme in Quantitative Economics must apply in the prescribed online form with payment of application fee of INR 1200 (inclusive of GST). Duly filled application form along with the application fee can be submitted.

Fee Structure

The tuition fee for the programme is INR 5,00,000 (INR 2,50,000 per annum) and INR 40,000 (INR 20,000 per annum) towards books/ course materials/ activity charges. 

This is mandatorily a fully residential two-year Programme and students would be provided accommodation on twin-sharing basis. The boarding and lodging expenses would be around INR 1,70,000 per annum.

The fee is subject to annual revision as per the decision of the university.

Financial Aid, Scholarships and Fellowships

At Ahmedabad University, we believe that finances should not stand in the way of pursuing education. 

  • All students will receive tuition support of INR 75,000 per year.
  • Students needing additional financial assistance can opt for a Fellowship, under which they are required to undertake Teaching Assistantship under a faculty member assisting them in teaching. For students choosing the Fellowship option, the tuition support would increase to INR 1.25 lakh per year, thus reducing their tuition fees by 50% to INR 1.25 lakh per year.

Important Dates

Programme Orientation July 28-30, 2023
Programme Commencement August 1, 2023
Programme Completion May 31, 2025

Programme Inquiry

For Programme Details Contact:
Professor Abhinandan Sinha
Chair, Master of Science in Quantitative Economics
[email protected]

For Admission Inquiry Contact:
Office of Graduate Admission
Ahmedabad University
+91.79.61911313/ 1302
[email protected]


About Amrut Mody School of Management

The Amrut Mody School of Management offers wide-ranging, multi-faceted management education through undergraduate, graduate and doctoral programmes. We also offer short-term certificate programmes for working professionals and other practitioners. The Management School is located in the heart of Ahmedabad, one of India’s most vibrant and historic centres of commerce. Its mercantile and industrial history underscore its present-day reputation as a hub of enterprise and new business ideas. In addition to its bustling streets, markets and sophisticated cultural life, the city is also home to many of India’s most reputed educational institutions, making it uniquely liveable for students and academics.

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