Apply for Master of Science in Quantitative Finance

The Master of Science in Quantitative Finance Programme, as envisioned by Amrut Mody School of Management at Ahmedabad University, is a unique programme in the country for it focuses on imparting advanced quantitative techniques that are 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, this Programme 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 two-year postgraduate programme. The 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 the industry. Master of Science in Quantitative Finance graduates will have a deep understanding of the mathematical underpinnings of financial markets. They would possess requisite coding skills and should be in a position to apply the quantitative techniques in a real-world context to address empirical anomalies. The pedagogy consists of, and is not limited to, faculty-led classroom discussions, simulation exercises, case analysis/group activities, workshops, and practitioner interactions.


Bachelor’s degree with at least 50% marks (45% for SC/ST candidates) or equivalent from a recognised university in India or abroad.

A candidate who is yet to appear for the final year examination of the bachelor's degree or equivalent is eligible to apply. However, for such candidates (if selected), the final year/semester examination should have been completed by July 15, 2024, and the result of that examination must be declared by September 31, 2024, following which they must submit a copy of their mark sheet and degree certificate.

Application Process

Admissions Selection Process

Admissions Test

  • Candidates may apply to the Programme based on their CAT 2023 / CMAT 2024 / NMAT 2023/ MAT 2023-24 / SNAP 2023 / XAT 2024 / GRE 2018-24 / GMAT 2018-24 scores.
  • Candidates without such a test score must take the AMSOM Test.

Personal Interview

  • Shortlisted candidates would be invited 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 the competent authorities.

Fee Structure

The tuition fee for the two year programme starting in the academic year 2024-2025 is INR 5,00,000 (INR 2,50,000 per annum).

*The student may expect to spend INR 10,000/ year towards books and course materials

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

Particulars Round 1 Round 2 Round 3
Availability of Online Applications Forms September 1, 2023
Last Date of receiving Online Application Forms December 15, 2023 January 30, 2024 March 15, 2024
Notification of Personal Interaction Round to shortlisted candidates  December 26, 2023 February 6, 2024 March 22, 2024
Personal Interaction Round starts from January 3, 2024 February 14, 2024 March 30, 2024
Notification of Admissions to Selected Candidates January 17, 2024 February 28, 2024 April 13, 2024
Commencement of Academic Session August 2024

Note: Admission to most seats get completed in early rounds. Please apply early.

Programme Inquiry

For Programme Details Contact:
Professor Vinodh Madhavan
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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