Indian Institute of Quantitative Finance
Indian Institute of Quantitative Finance
Center of Finance Excellence - Quantitative Finance and Risk Management
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Post Graduate Program in Financial Engineering (PGPFE)
1 Year (Part Time)


Specializations:
Investment Management - PGPFE(IM)
Financial Risk Management - PGPFE(FRM)



Admission Test :
Quantitative Aptitude Test (QAT)
To be announced




Financial Engineering is a multidisciplinary field involving the application of theories from financial economics, mathematics, statistics, physics and econometrics using complex tools and techniques of numerical analysis, the methods and tools of engineering, and the practice of computer programming to solve the problems of Investment Finance.


Students having a strong numerical background have a very bright chance of making a very rewarding career in this field with the largest of investment banks and other financial institutions.


Click here to get the Brochure and detailed Syllabus for the program


MoreInformation About the Course
This course is designed specifically to meet these exact needs. This is a course on modelling and applications of mathematics, statistics and econometrics in investment finance. The program covers the all the technical and quantitative aspects of investment finance used in top financial institutions.

The course consists of following four parts:

A) Foundation Module
  • The foundation module is intended to equip the students with the appropriate level of background knowledge in finance and carries no credit.
  • This module is mandatory for students without any work experience. However, students with MBA(Finance) or equivalent qualification may choose not to attend the lecture sessions, but they must clear the module exam.
  • This module is optional for students with work experience.

    B) Core Modules
    The core modules are compulsory for all students and consists of the modules specified in the syllabus.

    C) Electives
    Depending on their career interests, students have the option to specialize in either :
    Stream 1 - Investment Management
    Focuses on specialist modules for developing skills for quantitative investment management
    OR
    Stream 2 - Financial Risk Management
    Focuses on specialist modules for developing skills for financial risk management

    Transfer between the two streams is possible up to the start of the Electives modules

    D) Dissertation
    Students are required to complete a dissertation carrying 15 credits

  • MoreInformation What You Study
    Students take courses in financial economics, financial econometrics, financial mathematics, stochastic calculus, numerical methods, monte carlo simulation, derivatives modelling, portfolio theory, portfolio optimization, performance analysis and financial risk analysis. You learn to write financial applications and derivative modelling programs in VBA / C++ making use of the theories and methods you have learned. You get hands-on learning experience on the commercial financial software applications from Thomson Reuters. You also learn to do investment financial modelling using the advanced features of Excel.

    Click here to view brief syllabus for the program

    MoreInformation Syllabus
    Click here to view brief syllabus for the program
    Click here to get the Brochure and detailed Syllabus for the program

    MoreInformation Course Highlights

  • Placement support for positions in Quant teams with top global Investment Banks.
  • The faculty are practising Quant professionals working with top global institutions.
  • Thoroughly hands-on practical experience in writing financial programs in C++ / VBA.
  • Hands-on experience on using the financial applications of Thomson Reuters.
  • Exposure to real-world models actually being used in the industry.
  • The pedagogy followed involves hands-on model building during the classroom sessions.


  • MoreInformation Eligibility Requirements
    (A) Candidates must be holding a degree or equivalent qualification in any of the following streams:
  • Engineering (B.E. / B.Tech. / M.E. / M.Tech.)
  • Business Management (MBA / MMS / PGDBM or equivalent)
  • Economics / Statistics / Mathematics / Physics / Econometrics (M.A. / M.Sc.)
  • CFA / FRM

    (B) Candidates must have experience of programming in atleast one programming language

    MoreInformation Admission Process
    Admission to the course will be based on the performance in an admission test to be held for this program - Quantitative Aptitude Test (QAT).
    The admission test will assess the competency level of the candidate in the following three subjects:
  • Finance
  • Mathematics and Statistics
  • Programming

    Click here to view the details of the Quantitative Aptitude Test (QAT)


    MoreInformation Placement
    IIQF provides placement assistance to all students who successfully complete the program. We have an active placement program in place to provide job opportunities to our students in relevant areas.

    IIQF has been engaged by top Wall Street Investment Banks for recruitment of personnel for their Quant teams. We receive enquiries from investment banks, investment analytics firms and other financial institutions for placement of our students in their Quant teams.

    Students from this course will get placement support for positions in investment banks, hedge funds, analytical firms, proprietary tradings desks of large broking houses, etc.

    MoreInformation Course Details
    Course duration1 Year (Part Time)
    Course scheduleSaturdays and Sundays

    MoreInformation Course Calendar
    Centre Start Date Course Fee
    Mumbai To be announced INR 285,000

    MoreInformation Registration Process

    You may register online for the QAT by filling up the form given here .

    Contact Details

    Mumbai Office:
    Module No. 624, Mastermind IV,
    Royal Palms IT Park, Goregaon (E),
    Mumbai - 400065

    Office Hours:
    Weekdays : 10:00 AM - 7:30 PM
    Saturdays & Sundays : 2:30 PM - 7:30 PM

    Contact Person:
    Nitish Mukherjee : +91-22-28797660 / +91-9769860151




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