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M.Sc in Quantitative Finance or Master of Science in Quantitative Finance is a two-year postgraduate degree program in Finance. The M.Sc. in Quantitative Finance program is an ideal course for you if you wish to pursue a career in Finance. This course deals with scientific fields such as statistics and mathematics. If you want to know more about the M.Sc. in Quantitative Finance, its syllabus, top universities abroad, etc., then keep reading!
| Name of the course | Master of Science in Quantitative Finance |
| Level of the course | Post-graduation |
| Duration | 2 years |
| Eligibility criteria | Graduation in a relevant discipline with a minimum of 55% |
| Examination type | Semester-system |
| Average course fees | INR 3000 to INR 1 Lakh |
| Average Salary | INR 22 Lakhs per annum |
This Blog Includes:
- Why study M.Sc. Quantitative Finance?
- Syllabus for M.Sc. Quantitative Finance
- Top Universities for M.Sc. Quantitative Finance Abroad
- Top Colleges for M.Sc. in Quantitative Finance in India
- Eligibility Criteria for M.Sc. in Quantitative Finance
- Job Opportunities after M.Sc. in Quantitative Finance
- Salary after M.Sc. in Quantitative Finance
- FAQs
Why study M.Sc. Quantitative Finance?
There are many benefits of post-graduation in Quantitative Finance. Some of the most popular reasons are:
- Employment Opportunities: The M.Sc. Quantitative Finance promises a plethora of job opportunities for trained professionals, such as investment banks, banks, insurance companies, credit rating agencies, portfolio management services, brokerage houses, private equity entities, and venture capital entities.
- Skill Development: The M.Sc. The finance program provides a broad understanding of theory and analysis in finance. Moreover helps you in gaining relevant skills and working knowledge that helps you in the professional world.
- High Packages After completion of the M.Sc. in Finance course enables you are enabled to get high packages from top companies.
Also Read: MSc Physics in Germany: Top Universities, Courses
Syllabus for M.Sc. Quantitative Finance
With a concise curriculum that focuses on theory as well as practical applications, the M.Sc. in Quantitative Finance courses consist of the following structural modules:
Semester 1
| Microeconomics 1 | Macroeconomics 1 |
| Mathematical methods | Statistical methods |
Semester 2
| Microeconomics 2 | Econometric methods |
| Financial Mathematics | Financial economics |
Semester 3
| Financial economics 2 | Stochastic models |
| Risk analysis and management | Programming and computational languages |
| Applied econometrics | Advanced techniques in finances |
| Project work | – |
Semester 4
| Topics in behavioural finances | Artificial neural networks |
| Advances in panel data and time series econometrics | Financial instruments and markets |
| Interest rate calculation and option pricing | Topics in behavioural finance |
Top Universities for M.Sc. Quantitative Finance Abroad
Many universities abroad offer a high-quality education in M.Sc. in Quantitative Finance. Some of the top prestigious universities in the world for M.Sc. Quantitative Finance is:
| Name of the Universities | Country |
| University of Manchester | UK |
| The University of British Columbia | Canada |
| University of Alberta | Canada |
| Harvard University | USA |
| Northeastern University | USA |
| Memorial University of Newfoundland | UK |
| Arizona State University | USA |
| Ludwig Maximilians University Munich | Germany |
| University of Greenwich | UK |
| University of Waterloo | Canada |
Top Colleges for M.Sc. in Quantitative Finance in India
If you want to pursue an M.Sc. in Quantitative Finance in India, then the most important thing is to find the perfect college for you. To help you in the same below are the top colleges for M.Sc. Quantitative Finance in India:
| Name of the Colleges | Location | 1st Year Tuition Fee |
| Miranda House | New Delhi, Delhi NCR | INR 19,800 |
| Loyola College | Chennai, Tamil Nadu | INR 16,790 |
| Hansraj College | New Delhi, Delhi NCR | INR 24,515 |
| Presidency College | Chennai, Tamil Nadu | INR 1,270 |
| Kirorimal College | New Delhi, Delhi NCR | INR 14,595 |
| St. Xavier’s College | Mumbai, Maharashtra | INR 7,187 |
| Ramjas College | New Delhi, Delhi NCR | INR 14,610 |
| Sri Venkateswara College – Delhi | New Delhi, Delhi NCR | INR 14,555 |
| Kalinga University | Raipur, Chhattisgarh | INR 80,250 |
| Stella Maris College | Chennai, Tamil Nadu | INR 22,895 |
Eligibility Criteria for M.Sc. in Quantitative Finance
Both Indian and foreign colleges/universities require a few basic eligibility requirements due to the intense curriculum of this course. These eligibility requirements for the M.Sc. in Quantitative Finance are as follows:
- You are required to have a bachelor’s degree or equivalent from any recognised university or institution.
- You are eligible when you have an aggregate marks minimum of 55% in a bachelor’s degree.
- If you are pursuing a bachelor’s and you are in your final year, then you are also eligible to apply for the M.Sc. Quantitative Finance course.
- In terms of a foreign university, the candidate is also required to submit their English proficiency test scores and a valid passport
Also Read: Dissertation Topic in Finance
Job Opportunities after M.Sc. in Quantitative Finance
There are a number of job opportunities offered to the graduates of M.Sc. in Quantitative Finance. Some of the most popular job profiles after completion of the course are:
- Banker
- Chief Financial Officer
- Financial Analyst
- Financial Manager
- Financial Controller
- Investment Banker
- Marketing Analyst
- Manager of Financial Departments
- Real Estate Manager
Salary after M.Sc. in Quantitative Finance
One of the reasons for the popularity of M.Sc. in Quantitative Finance is the high packages offered by top recruiters after completion of the course. After attaining certain experience, graduates get an average salary of INR 21.9 lakhs. Here is the estimated average salary after an M.Sc. in Quantitative Finance.
| Job Role | Average Salary (INR) | Average Salary (USD) | Top Hiring Countries |
| Quantitative Analyst | INR 10 – INR 25 LPA | USD 80,000 – USD 120,000/year | USA, UK, Singapore |
| Risk Analyst | INR 8 – INR 18 LPA | USD 60,000 – USD 100,000/year | Canada, Germany, Australia |
| Financial Engineer | INR 12 – INR 30 LPA | USD 90,000 – USD 130,000/year | USA, Switzerland, UAE |
| Data Scientist (Finance) | INR 10 – INR 22 LPA | USD 85,000 – USD 120,000/year | UK, USA, Netherlands |
| Investment Banker | INR 15 – INR 40 LPA | USD 100,000 – USD 150,000/year | USA, UK, Hong Kong |
| Portfolio Manager (Entry) | INR 12 – INR 28 LPA | USD 90,000 – USD 140,000/year | Canada, Singapore, UAE |
| Derivatives Trader | INR 10 – INR 24 LPA | USD 80,000 – USD 130,000/year | USA, Hong Kong, Australia |
FAQs
With the Master’s in Quantitative Finance, you can learn how to create new financial products and advance your understanding of the fundamental theoretical and practical concepts of quantitative finance. With a focus on current issues, there is an international and multicultural perspective.
The field of quantitative finance is difficult and intricate. Strong mathematical and statistical aptitude is required, as well as the capacity for critical thought and an understanding of intricate financial models. It can be very stressful if you’re not ready for this.
Overall, if you want to use your mathematical expertise to assist people in making wise investment decisions, a career in quantitative finance is a great choice. The high pay and job security provided by this position can help you maintain a comfortable standard of living while working in a dynamic field.
Quantitative Finance offers global opportunities in investment banking, hedge funds, data science, and risk management. With strong math and coding skills, you can land high-paying roles in finance worldwide.
Yes, it’s a rewarding career for students who enjoy numbers, analytics, and solving complex problems. It offers excellent salaries, job stability, and exciting roles in top financial firms.
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Thus, we hope that this blog has helped you understand the M.Sc. in Quantitative Finance. If you are aspiring to pursue this field, reach out to our experts at Leverage Edu and we’ll help you identify an ideal degree and university that can equip you with the required knowledge and exposure to establish a rewarding career in Finance.
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