M.Sc in Quantitative Finance or Master of Science in Quantitative Finance is a two-year Post-Graduate degree program in Finance. 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 syllabus, top universities abroad, etc. then keep reading!
Name of the course | Master of Science in Quantitative Finances |
Level of the course | Post-graduation |
Duration | 2 years |
Eligibility criteria | Graduation in 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 |
Why study MSc Quantitative finance?
There are many benefits of post-graduation in Quantitative finance. Some of the most popular reasons are:
- Employment Opportunities The MSc. 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 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 to get high packages from top companies.
Also Read: MBA in Finance
Syllabus for Msc Quantitative Finance
With a concise curriculum that focuses on theory as well as practical applications, the MSc 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 | Project work |
Also Checkout: PGDM in Finance
Top Universities for Msc Quantitative Finances Abroad
Some of the top prestigious universities in the world for MSc Quantitative Finances are:
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 Msc Quantitative Finances
If you want to pursue MSc in Quantitative Finances 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 MSc Quantitative Finances in India:
Name of the Colleges | Location | 1st Year Tuition Fee |
Miranda House | New Delhi, Delhi NCR | ₹19,800 |
Loyola College | Chennai, Tamil Nadu | ₹16,790 |
Hansraj College | New Delhi, Delhi NCR | ₹24,515 |
Presidency College | Chennai, Tamil Nadu | ₹1,270 |
Kirorimal College | New Delhi, Delhi NCR | ₹14,595 |
St. Xavier’s College | Mumbai, Maharashtra | ₹7,187 |
Ramjas College | New Delhi, Delhi NCR | ₹14,610 |
Sri Venkateswara College – Delhi | New Delhi, Delhi NCR | ₹14,555 |
Kalinga University | Raipur, Chhattisgarh | ₹80,250 |
Stella Maris College | Chennai, Tamil Nadu | ₹22,895 |
Eligibility Criteria
Both Indian and foreign colleges/universities require a few basic eligibility requirements due to the intense curriculum of this course. These eligibility requirements are as follows:
- You are required to have a bachelor’s degree or equivalent from any recognized 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 also you are eligible to apply for the MSc 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
Application Process
When applying for an Msc. in a Quantitative Finance course abroad, you have to consider several factors. These include the application process specified by your college, the visa process of your country, and various other details. Leverage Edu simplifies the process for you and makes it easier for you to take admission to your dream university abroad. Book a free counselling session today.
Job Prospects
There are a plethora of job opportunities offered to the graduates of MSc Quantitative Finances. 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
Must Read: Career in Finance: Cracking the Code to Success
Salary
One of the reasons for the popularity of MSc Quantitative Finances is the high packages offered by top recruiters after completion of the course. After attaining certain experience, graduates get an average salary of ₹21.9 lakhs. The average high salary package is ₹56.5 lakhs.
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.
Are you planning to pursue a BSc in Life Sciences? Our Leverage Edu experts will provide you with end-to-end assistance from the application to the Visa process. Call us at 1800 57 2000 to book a FREE 30-minutes counselling session today.