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

Eligibility

The candidate must hold a Bachelor’s Degree, with at least 50% marks or equivalent CGPA, awarded by any University or educational institution as incorporated by an Act of Parliament or State legislature in India or declared to be deemed as a University under Section 3 of the UGC Act, 1956, or possess an equivalent qualification recognised by the Ministry of HRD, Government of India. The percentage of marks obtained by the candidate would be calculated based on the practice as followed by the respective University/Institution. In case of grades/CGPA, the conversion to percentage of marks would be based on the procedure as certified by the respective University/Institution. If any University/Institution confirms that there is no scheme for converting CGPA into equivalent marks, the equivalence would be established by dividing the candidate’s CGPA by the maximum possible CGPA, and multiplying the result with 100. Candidates appearing for the final year of Bachelor’s degree/equivalent qualification examination and those who have completed degree requirements and are awaiting results can also apply. However, it may be noted that such candidates, if selected, will be allowed to join the programme provisionally, only if they submit a certificate from the Principal/Registrar of their University/Institution stating that they have completed all the requirements for obtaining the Bachelor’s degree/equivalent qualification on the date of the issue of the certificate. Ahmedabad University may verify eligibility at various stages of the selection process.

Candidates should note that the mere fulfilment of the minimum eligibility criteria would 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 Admissions Committee, and as approved by competent authorities.

Admission Procedure

Eligible candidates 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 before the end of February 2023.

Fee Structure

The tuition fee for the programme is INR 5,00,000 (INR 2,50,000 per annum) and INR 30,000 (7,500 per semester) towards books/ course materials. 

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.

Financial Aid, Scholarships and Fellowships

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

The University provides meritorious scholarships to students based on their academic performance.

Students needing additional financial assistance can opt for our Fellowship. Under the Fellowship, the students are required to undertake Teaching Assistantship under a faculty member assisting them in teaching. This opportunity provides students with both financial assistance and exposure to learning.

Important Dates