MBA Quantitative Finance (Master of Business Administration Quantitative Finance)
Quantitative finance focuses on the mathematical models used to price securities and measure risk. Financial engineering goes one step further to focus on applications and build tools that will implement the results of the models. Financial engineering combines the mathematical theory of quantitative finance with computational simulations to make price, trade, hedge and other investment decisions. Quantitative finance is the field of applied mathematics concerned with dealing with the financial markets. It is the design and implementation of mathematical models that are used for pricing assets including derivative products, assessing risk, trading and predicting market moves.
Quantitative finance is the use of mathematical models and extremely large datasets to analyse financial markets and securities. Quantitative finance is a relatively new subject which is seeing a huge demand for skilled professionals. Over a short period of time, it has expanded to include a multitude of disciplines each of which have tethered themselves to quantitative finance.
class Major Courses
Course 1: MBA
Course 2: MBA Global
Course 3: MBA Executive
Course 4: MBA Business Analytics
Course 5: MBA Quantitative Finance
Course 6: MBA International Finance
Course 7: MBA Finance Management
Course 8: MBA International Business
Course 9: MBA for Working Professionals
Course 10: MBA Aviation and Logistics Management
MBA Quantitative Finance course details
|Entrance Exam||CAT/ MAT/ XAT/ GMAT/ CMAT/ SNAP/ NMAT/ PGCET/ KMAT.|
|Mode of Admission||Merit /Management|
|Eligibility||Students seeking admission to the MBA Program should have passed Bachelor’s degree / Masters degree and should have secured at least 50% of marks in the aggregate (45% for SC/ST candidate).|
|Fee Detail||Rs. 80,000 to Rs. 8,00,000 per annum.|
|Admission Process||Merit- Interested candidates can apply once the college applications are open.
Management- Students looking for Management seats can go for Direct Admission.
List of Top MBA Quantitative Finance Colleges in Bangalore
Symbiosis Bangalore (SIBM)
Course name: MBA Quantitative Finance
Affiliations: Symbiosis International(Deemed to be University)
Eligibility: Candidate should be Graduate from any recognized University/ Institution of National Importance with a minimum of 50% marks or equivalent grade (45% or equivalent grade for Scheduled Caste/ Scheduled Tribes). Candidates appearing for final year examinations can also apply, but their admission will be subject to obtaining a minimum of 50% marks or equivalent grade (45% or equivalent grade for Scheduled Caste/ Scheduled Tribes). The candidate should have studied Mathematics or Statistics at high school or equivalent level (10+2 level) A candidate who has completed qualifying qualification from any Foreign University must obtain an equivalence certificate from Association of Indian Universities (AIU). Symbiosis National Aptitude Test Score Mandatory*
Duration: 2 years, Full Time, Post graduate Programme
Campus Location: Symbiosis Institute of Business Management, Bengaluru 95/1, 95/2, Electronic City, Phase I, Hosur Road, Bengaluru 560100
The college is well connected to Air, Bus and Railways
The distance from Kempegowda international Airport is 53.9km
The distance from Bangalore Central Railway Station(SBC/Majestic) is 21.6 km
List of MBA Quantitative Finance colleges
Syllabus of MBA Quantitative Finance
|Year I||Semester I||
|Year II||Semester III||
Career Scope of MBA Quantitative Finance
Quantitative finance is a relatively new subject which is gaining a lot of importance in the financial sector. The main responsibility in the quantitative finance domain is to evaluate the financial conditions of an organisation and ensure to improvise the efficiency by spending less. The present financial global finance condition has forced many organisations to rework on their finances and hence they hire more skilled financial professionals.
Some of the job roles available are:
Risk Manager: The risk managers advise organizations and businesses on any existing risks to their profits, identifying and evaluating possible threats and setting up contingency plans. Risk managers may specialize in technology risk, business continuity, markets and corporate governance (and a number of other areas).
Salary & Emoluments: Risk manager will receive a salary that ranges from 6 lakhs to 8 lakhs per annum.
Financial Manager: The financial managers provide financial analysis to companies, evaluating their products and assets, and suggesting any changes where necessary. Typically, they are employed by banks, investment houses and mutual fund companies, they use their expertise in applied mathematics, statistics and IT to help businesses prosper.
Salary & Emoluments: Financial manager will receive a salary that ranges from 5 lakhs to 10 lakhs per annum.
Derivatives Trader: The derivatives traders are highly specialized stock traders. Simply put, they buy and sell derivatives (financial products that derive their value from their relationship with another asset or cash flow e.g., swaps, futures contracts, employee stock options, exchange traded stock options).
Salary & Emoluments: Derivatives trader will receive a salary that ranges from 8 lakhs to 12 lakhs per annum.
Asset Manager: As an asset manager one will be working in an asset management organisation. They are responsible to manage assets (intellectual property, human capital, financial assets and goodwill) on behalf of people and businesses in order to achieve the greatest possible returns.
Salary & Emoluments: Asset manager will receive a salary that ranges from 6 lakhs to 12 lakhs per annum.
Fund Manager: The fund managers handle and supervise funds to maximize returns. As a fund manager one could be working in a number of financial sectors, from banking or a brokerage firm, to insurance or the treasury departments of a large industrial group.
Salary & Emoluments: Fund manager will receive a salary that ranges from 10 lakhs to 15 lakhs per annum.
Other potential career roles:
- Chief Financial Officer
- Chief Risk Officer
- Finance Director
- Accounting Manager
- Financial Planner
- Corporate Finance Manager
- Financial Analyst
- Finance Officer
- Sales and Trading Analyst
select_all Benefits of MBA Quantitative Finance
The MBA Quantitative Finance professionals will enjoy the following benefits in their career
It’s in huge demand: Quantitative Finance is a new subject and is greatly attracting demand and quantitative finance professionals are required in large numbers. More and more organisations are adopting quantitative finance techniques in the coming days to survive the financial conditions. So, the demand for quantitative finance professionals increases in both start-ups and top MNCs in near future. Prospective job seekers in the field of quantitative finance have numerous opportunities in the future. It is the fastest growing job on LinkedIn, and it is predicted to create nearly around 11 million jobs by 2027 and thus quantitative finance is a highly-employable job sector.
Abundance of Positions: There are very few people who have the required skills to become complete quantitative finance professionals. This makes the quantitative finance domain less saturated as compared to other IT sectors. Therefore, quantitative finance is a vastly abundant field and has a lot of opportunities. The field of quantitative finance is high in demand but low in supply of skilled professionals. So, there are more positions available for quantitative finance professionals and career growth happens in a short span of time.
A Highly Paid Career: Quantitative finance domain is one of the most paid jobs in the world. According to different job listing websites surveys, the quantitative finance professionals are paid better salary packages when compared to other professionals in an organisation. This makes quantitative finance a highly lucrative career option.
Quantitative Finance is Versatile: There are numerous applications of quantitative finance. It is widely used in health-care, banking, consultancy services and e-commerce industries and many more. Quantitative finance is a very versatile field and has its influence in numerous fields of the business world. Therefore, the quantitative finance professionals have greater opportunity to work in various fields.
Quantitative Finance is Highly Prestigious: Quantitative finance professionals allow the companies to make smart business solutions. Companies rely on quantitative finance professionals for finances, and use their expertise to introspect their internal finances and strive to provide better results to their clients in cost effective modes. This gives quantitative finance professionals an important position in an organisation.
Placements for MBA Quantitative Finance
- Bain and Company
- Ernst and Young
- Deutsche Bank
- J.P. Morgan Chase
- McKinsey and Company
- Morgan Stanley
- Goldman Sachs
- HDFC Bank
- Axis Bank
- ICICI Bank
- Kotak Bank
- Muthoot Finance
- JP Morgan Chase
- HSBC Bank