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Master of Science in Quantitative Finance

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MS in Quantitative Finance Admission 2025 Open

The Master of Science in Quantitative Finance focuses on imparting advanced quantitative techniques required for students interested in pursuing a career in Financial Modelling, Asset Management, Risk Mitigation, and Investment Banking.

The Programme is a confluence of mathematics, financial markets, and economics. The contents and depth of the courses offered have been arrived at considering the industry's demands and expectations. Graduates will have a deep understanding of the mathematical underpinnings of financial markets. They would possess requisite coding skills and should be able 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.

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Eligibility

  • Candidates with Minimum 55% marks or equivalent CGPA across Class 10, Class 12/Diploma and Bachelor’s degree are eligible to apply. Final year students graduating in 2025 are also eligible to apply.
  • Candidates must have appeared for any one of the following entrance exams – CAT 2024, XAT 2025, NMAT 2024, CMAT 2025, GMAT 10th Edition, GMAT Focus Edition or GRE.
  • Candidates who haven’t appeared for any one of the above entrance tests or have low scores can appear for AMSOM-PG Aptitude Test conducted online via Mettl. You can indicate this option in your online application form.

Selection Process

  • Eligible candidates need to submit online application form with a payment of INR 1200 as application fees (non-refundable).
  • Candidates can submit their application and update the entrance test scores later.
  • Shortlisted candidates will be called for personal interaction with our faculty on-campus or online.
  • On merit, offers will be made to deserving candidates

Round 3

2025

16

March, 2025

Applications Opens

15

May, 2025

Application Closes

26

May, 2025

Faculty Interactions

02

June, 2025

Announcement of Decision

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Admission Calendar

Particulars Round 1 Round 2 Round 3
Application Opens Monday, September 16, 2024 Saturday, February 1, 2025 Sunday, March 16, 2025
Application Closes Friday, January 31, 2025 Saturday, March 15, 2025 Thursday, May 15, 2025
Faculty Interactions  Monday-Thursday, February 17-20, 2025 Monday-Wednesday, March 24-26, 2025 Monday-Wednesday, May 26-28, 2025
Announcement of Decision Friday, February 28, 2025 Saturday, April 5, 2025 Monday, June 2, 2025

Shortlisting Criteria

  • We review every application holistically, applicants will be shortlisted based on their overall profile, considering the past academics, extra-curriculars, work experience and competitive exam scores/percentile.

Fee Structure

  • The two year tuition fee for the incoming class of 2025 is INR 5,00,000 (INR 2,50,000 per annum) and INR 20,000 (INR 10,000 per annum) towards books/ course materials/ activity charges.

Payment Schedule
Offered candidates are required to pay fees as per the offer letter and confirm admission.

Refunds
Refunds for withdrawal/cancellation of admission will be as per UGC Guidelines.

Financial Aid

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. Continuance of the tuition support of INR 75,000 in the second year is contingent upon maintaining to their academic performance.

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Frequently asked Questions

Admissions

Is there any minimum score required in the entrance tests?
No, shortlisting will be based on your overall profile.

Can I apply with multiple test scores?
Yes, you can apply with multiple entrance test scores, we shall consider the best score.

How can I opt for AMSOM-PG Test?
You can indicate your interest to opt for AMSOM-PG test in the application form.

Is there a fee for taking online AMSOM-PG Test?
No.

Can I apply with a CAT 2023 score?
No, only CAT 2024 scores are valid for admission to the class of 2027.

Can I submit my entrance test scores later, after submitting my application?
Yes, you can submit your application now and update your entrance test score latest by May 15, 2025.

Do I need to submit my application in one go?
No, you can save your application on the student portal and come back again to submit it.

Will my work experience in family business counted?
Yes, your experience post-completion of your bachelor’s degree in your family business will be counted.

I could not make it in the first round. Can I apply again?
No, you can only apply once in the admission cycle.

How will I come to know if I’m shortlisted for an interview?
You will receive an email on the registered email id. We suggest you to also keep a check on your spam folder.

Do you have any quotas?
No, admission is on merit only.

How will the interviews be conducted?
Interaction with the faculty will be conducted on campus or online.

Can I make changes in the application form after submitting it?
No, you cannot make any changes in the application after submitting it.

Can freshers apply?
Yes, freshers can apply for the MS QF programme

Fees and Scholarships

Are scholarships available?
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. Continuance of the tuition support of INR 75,000 in the second year is contingent upon maintaining to their academic performance.

Are Bank loans available?
Yes, we support students in getting bank loans from leading public and private sector banks.

Does the fee cover Laptop?
No.

Career Services / Placements

Will I get on-campus placement assistance?

  • Yes, the Career Development Centre (CDC) at Ahmedabad University offers on-campus placement assistance.
  • Refer more details on CDC here.
Campus, Housing, and other facilities

Does Ahmedabad University offer housing facilties for outstation students?
Yes, we offer student housing facility.

Is the housing facility on shared basis?
Yes, multiple housing options are available including Single, Twin or Triple sharing rooms. (Refer here)

Is it mandatory for all students to stay at the student residences?
No, it is not mandatory to stay at the student housing offered by Ahmedabad University

Can I see the accommodation before taking admission?
Yes, we can schedule your visit to the housing facility. You can write to [email protected] and [email protected] with the details of your visit.

How far is the campus from the residences?
The housing facility is within 1 km.

What facilities are provided at residences?
Single bed with mattress, wardrobe, study table, washrooms inside the room, chill room, common refrigerator & microwave.

What facilities are provided on the campus?
Refer for more details on campus facilities.

How will I travel from the campus and residence, or vice versa? Will it be charged?
A free bus shuttle service is available for the students.

MS in Quantitative Finance Programme

Will I get an Master’s degree or Diploma?
Post completion of the required credits, you will be awarded a Master’s Degree from Ahmedabad University. University Grants Commission, in its letter dated 28th July 2010 F.No. 8-13/2010(CPP-I/PU), has notified that Ahmedabad University, Navrangpura (Gujarat) has been established by an Act (No. 8 of 2009) of State Legislature of Gujarat as a State Private University, and is empowered to award degrees as specified by the University Grants Commission under section 22 of the University Grants Commission Act 1956.

What are the unique courses offered in the MSQF programme?
This programme is a confluence of mathematics, statistics, financial markets, and computational methods. The programme provides a solid foundation on mathematical finance in general and financial markets in particular. The programme comprises a set of core and elective courses focusing 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 provide graduating students with tools and techniques to excel in their careers. An illustrative list of courses that are offered in this programme are Security Analysis and Portfolio Management, Derivatives and Risk Management, Financial Econometrics, Modelling Randomness in Financial Markets, Financial Modelling and Fixed income Securitas.

Does the MSQF programme offer industry connect?
The MSQF curriculum is constantly changing to meet the evolving needs of the financial marketplace and to keep students abreast of the recent trends, milestones and developments. Students graduating with an MSQF degree would possess the skillsets that enable them to make a difference in the following areas.

  • Quantitative analyst/researcher
  • Investment banking
  • Advisory and consulting services
  • Credit rating agencies
  • Synthetic derivatives and risk management
  • Treasury operations
  • Analysts for big data vendors

Admission Events

The Office of Graduate admission conducts regular outreach events on campus and online with students, parents, educators, and counsellors regularly to familiarise them with various aspects of learning and student life at Ahmedabad University. The team also participates in various Education Fairs across India. We encourage diversity and seek to create a fair and equitable opportunity as you aspire to learn at the University. We encourage students from different cultures, states, and socio-economic strata.

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Student Residences

Student Village, the Ahmedabad University student residency, offers all the facilities that a student needs or expects. It is committed to providing simple, comfortable, and secure living. The hostel symbolises the building of a community with respect for diversity in ideas, ways of living, food preferences, cultural practices, languages, and religions.

Located within a radius of one kilometre from Ahmedabad University’s Central Campus, the hostel offers twin sharing, air-conditioned accommodations with shared dining halls, courtyard, and recreational spaces. The hostel is subject to a three-tier security network, including guards, CCTV surveillance, and door alarms. Additional facilities include laundry, transportation to and from the campus, on-call medical services, internet, and more.

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Know More

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Programme
Placements
Student Life

Contact Information

For Admission Inquiry Contact:
Office of Graduate Admission
Ahmedabad University
+91.8511001999
[email protected]

For Programme Details Contact:
Professor Vinodh Madhavan
Chair, Master of Science in Quantitative Finance
[email protected]

GET IN TOUCH FOR QUERIES

Ahmedabad University

Navrangpura, Ahmedabad 380009
Gujarat, India

[email protected]
+91.79.61911000/200/201

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