Executive-Friendly Program | High Impact Format | Applications Closed

IIT Kanpur eMasters Degree Program

e-Masters in Financial Analysis

Accelerate Your Career with Masters in Financial Analysis:
Where Data Meets Strategy

  • No GATE Score
  • Support for placement and facilitation of incubation at Startup Incubation and Innovation Centre, IIT Kanpur
  • Earn Masters Degree
    without leaving your job
  • Top Faculty from
    Dept. of Economic Sciences

Extended Final Round Closes in

Apply Now

Watch Program Intro
Masters in Economics, Finance and Data Analysis

Key Highlights of IIT Kanpur Masters in Financial Analysis Course

  • SelectionBased on academic and professional background and test, interview where necessary. No GATE required.
  • High Impact Format Weekend-only Live interactive sessions coupled with self-paced learning.
  • Executive Friendly Schedule Learn while you earn, with the flexibility to complete the program between 1 to 3 years.
  • Career Advancement and Networking Support for placement and facilitation of incubation at IIT Kanpur's Incubation Centre.
  • IIT Kanpur Alumni Status Become an IIT Kanpur alumni with access to all the alumni privileges.
  • Credits Transfer Waiver of upto 60 credits for higher education (MTech/PhD) at IIT Kanpur.

Admission Process

  • Application
    Register with Mobile Number
    Submit Details
    Remit Application Fee
    Upload Documents
    Application Deadline - 12th May
  • Selection
    Selection Test Starts March 30th
    Application Review
    Selection Test
  • Admission

Class Start - January 2024

* Selection test differs for every programme

e-Masters Degree in Financial Analysis Overview

data analysis in finance

The e-Masters in Financial Analysis program at IIT Kanpur is designed for students seeking a comprehensive education in the fields of economics, finance, and data analysis. The program is tailored for individuals who wish to pursue a career in these areas, or for those who are interested in enhancing their existing skills.

Program offers a unique blend of economic theories, financial concepts and data analysis tools to prepare students for the dynamic and constantly changing business environment. The program provides a deep understanding of micro and macroeconomic principles, financial markets, investment analysis, financial risk management, and data analysis. The program is ideal for individuals who have a background in economics, finance or related fields, or for those who wish to gain a deeper understanding of these areas. It is also suitable for professionals looking to enhance their careers through further education, as the program is offered online.

The Masters in Financial Analysis program at IIT Kanpur is designed to provide students with the skills and knowledge necessary to succeed in the competitive world of economics, finance and data analysis. The curriculum is designed to provide students with the latest tools and techniques, as well as a thorough understanding of the economic and financial concepts that shape our world.

In conclusion, the e-Masters in Financial Analysis program offered at IIT Kanpur is a comprehensive program that provides students with a unique blend of economic, financial and data analysis skills. It is a great opportunity for individuals who are seeking a challenging and rewarding career in these fields, or for those who wish to enhance their existing skills.


  • Get exposure to how mathematical and data analysis tools can be applied in financial decision making
  • Get an eMasters Degree from IIT Kanpur
  • Become a part of IIT Kanpur's alumni network and a lifetime association with the economic sciences department in the IIT System
  • Learn from a leading research faculty group
  • Receive mentorship and career support from the IIT Kanpur placement cell
  • Incubation support for promising startup initiatives
  • Opportunity to forge a meaningful network with diverse professionals

Why do participants choose the eMasters degree?

  • "I hold an MBA in Marketing and have been privileged to work with international brands over the last 5 years. With a little to decent knowledge of Finance, I feel it's the right time to expand my knowledge horizon besides marketing, and hence interested in this IIT Kanpur program."
    Ambar, Program Manager working with India’s leading EdTech Company with 4 years of experience
  • "The program will enhance and expand my knowledge about the economy and finance, which can be clearly imparted to customers. Additionally, understanding data analysis will enable me to contribute to the decision-making process in my organization."
    Malavika, Professional employed at a Financial Institution with 3 years of experience

Graduation Ceremony at IIT Kanpur Campus


Meet our world-class faculty, experts in Financial Analysis. Learn from their experience & knowledge. Elevate your skills today!

  • Vimal Kumar
    Ph.D., Economics, University of California, IrvineF
    Professor and Head, Department of Economic Sciences, IIT Kanpur.

    Political Economics, Game Theory
  • Bikramaditya Datta
    Ph.D., Economics, Columbia University, New York
    Assistant Professor, Department of Economic Sciences

    Economic Dynamics, Finance
  • Wasim Ahmad
    Ph.D., Delhi University
    Associate Professor, Department of Economic Sciences

    Macroeconomics, Financial Economics, Applied Econometrics, Emerging Market Finance, Risk Spillover Analysis, Clean Energy Finance

e-Masters in Financial Analysis Curriculum

Get ready to dive into the latest theories & techniques in Financial Analysis. Our well researched curriculum will equip you with the skills you need to succeed.


eMasters in Financial Analysis consist of Core (C), Specialization (S), and Electives (E) modules and Projects (P). Participants are given flexibility in deciding on electives and projects and follow the 6C + 3S + 2E + P structure.

  • Pricing

    Economic and Financial Data Analysis

    Introduction to Finance and Accounting

    Game Theory and Strategy

    Money and Banking

    Global Economy and International Finance

  • Machine Learning Applications

    Advanced Financial Econometrics

    Probability and Stochastic Systems

  • Economics of Platforms

    Applied Corporate Finance

    Applied Macroeconomics

    Public Policy

    Contemporary Issues in Indian Economy

    Program Evaluation

Detailed Curriculum

Immersive Learning Format

  • Live Interactive Sessions
  • Projects
  • Online Examination
  • Campus Visit
  • Online LIVE and self-paced sessions are delivered through AI-powered iPearl.ai
  • Live interaction as per the faculty availability
  • Apply learnings through projects while working in teams and establish a peer network
  • Final module-level exams will be conducted online
  • Opportunity to meet experts and experience the IITK campus during campus visits


  • Bachelor’s degree (3/4 years program) or Master’s degree in (Engineering, Science, Economics, MBA etc) with at least 55% marks or 5.5/10 CPI
  • Minimum of 2 years of work experience (You need not be currently employed to be eligible).
  • Candidates with relevant experience and calculus knowledge will be preferred.

Masters in Financial Analysis Program: Fees

Application fee ₹1500 (to be paid during application submission)

Fee structure for candidates opting to complete the program in 1 year.

Details Amount
Registration Fee
To be paid within 1 week of selection
Admission Fee
To be paid to complete enrollment
Module Fee
To be paid at the beginning of every quarter based on no. of modules selected
(Total 12 Modules)
₹45,000 per module
Quarter Fee*
To be paid at the beginning of every quarter
₹15,000 per quarter
Total Fee ₹8,00,000

*For every additional quarter, fees of Rs 15,000 will be applicable.

For Example

Candidates opting to complete the program in 5 quarters need to pay an additional fee of ₹15,000

Candidates opting to complete the program in 11 quarters need to pay an additional fee of ₹1,05,000

All other fees remain the same.

Fees paid are non-refundable(after a certain time period) and non-transferable.

Frequently Asked Questions

The curriculum for eMasters in Financial Analysis comprises Core (C), Specialization (S), and Electives (E) modules and Projects (P). Participants are given flexibility in deciding on electives and projects and follow the 6C + 3S + 2E + P structure.

The Core Modules include

  • Pricing:
    The module covers the fundamentals of cost and its types, demand curves, price response estimation, monopoly and regulation, price discrimination, and strategic decision making under uncertainty. As the program introduces you to the tools to understand the basics of modern economic analysis, the initial emphasis has been placed on the pricing concept.
  • Economic and Financial Data Analysis:
    Through this module, participants will be introduced to various statistical tools and techniques and their applications in economics and finance. It covers concepts including descriptive statistics, correlation, covariances and population, hypothesis testing, regression, and its models and time series analysis. As part of the module, you will also learn to use statistical software such as R to demonstrate your learnings.
  • Introduction to Finance and Accounting:
    The module provides a foundational understanding of finance and accounting. Further, it will prepare you for advanced knowledge of electives and real-life applications. You will gain an insight into concepts like time value of money, risk and return analysis (optimal portfolio analysis, capital allocation framework), fixed income securities, derivatives, financial statements, financial ratios, dividends, business risk, and credit analysis.
  • Money and Banking:
    The module aims to provide a broader view of the different instruments of money and capital markets and banking operations. Concepts highlighted in this module include money and its forms, banking management principles, interest rate analysis, banking, and monetary policy and financial regulation.
  • Game Theory and Strategy:
    Strategic interactions are pervasive in all walks of life. The module aims to present a systematic study of these strategic interactions, focusing on their applications in businesses and public policy. Accordingly, you will learn in-depth about game trees, simultaneous move games, extensive form games, mixed strategy Nash equilibrium and applications, and cooperative game theory and applications.
  • Global Economy and International Finance:
    Get introduced to the economics of international markets and how international considerations affect financial and economic models. The concepts included in the study cover globalization, the foreign exchange market, currency, quotes and prices, the balance of payments, exchange rate systems, interest rate parity conditions, and exchange rate determination.

The Specialization Modules include

  • Machine Learning Applications:
    In this module, you will be introduced to machine learning (ML) and computational tools to implement ML schemes on economic data sets.
  • Advanced Financial Econometrics:
    The primary aim of this module is to provide you with an understanding of various tools and techniques along with their applications used for better understanding and investment decisions. The topics covered include autoregressive conditional heteroscedasticity models, panel data modeling, limited dependent variable model and their applications in policy design and implementation, simulation methods, and event-study analysis.
  • Probability and Stochastic Systems:
    Understanding probability is critical to study a world replete with randomness and uncertainty. Through this module, you will learn not only how to solve challenging technical problems but also be exposed to various ways in which probability is applied in the real world.

The Elective Modules include

  • Economics of Platforms:
    Digital platforms such as Amazon, Zomato, Uber, Netflix, and Facebook, among many others, have become an essential part of our life. In this module, you will systematically study the economics of these platforms, emphasizing their applications in public policy and businesses.
  • Applied Corporate Finance:
    The module is designed to provide an applied role of corporate finance in investment decisions from investors' and firms' perspectives. The topics covered include corporate finance concepts, capital budgeting, stock valuation, capital asset pricing model, portfolio and factor models (APT, Fama, French), cost of equity estimation, and long-term financing.
  • Applied Macroeconomics:
    In this module, you will have gained a firm understanding of tools to analyze economies subject to macroeconomic influences, both foreign and domestic. The topics coming under its purview include inflation, deflation, monetary policy and accounts, fiscal systems, external accounts, risk assessment, and a glimpse into current macroeconomics prevailing during and after pandemics.
  • Public Policy:
    In this module, you will get a glimpse into the role and processes of government in the economy. It also reviews the empirical tools, including the role of data and statistical tools required to study the efficacy of government policies.
  • Contemporary Issues in the Indian Economy:
    The primary aim of this module is to introduce you to the basic macroeconomic indicators of the Indian economy. Give an insight into the analysis of the income sources and various fiscal indicators, tax devolution, cooperative federalism, finance commission, sectoral understanding, and its contribution to the economy. Further, learn about the monetary and financial developments of the country and indicators covering socio-economic aspects of India's economy.
  • Program Evaluation:
    This module aims to equip you with tools and techniques for policy evaluation. The module is beneficial to the bureaucrats and industry experts involved in the grassroots-level monitoring and implementation of public policies.

About IIT Kanpur

Established in 1959 by the Government of India, Indian Institute of Technology Kanpur (IIT Kanpur) is a globally acclaimed university for world-class education and research in science, engineering, management and humanities. We aim to provide leadership in technological innovation for the growth of India.

  • Ranked 1st in Innovation, 4th in Engineering and 5th in Overall Category by NIRF 2023
  • Built on world-class academic research culture
  • Offers various undergraduate, post-graduate, integrated, and research programs in the field of engineering, science, management, and design

State-of-the-Art Digital Learning Platform

The eMasters Program by IIT Kanpur will be delivered on iPearl.ai, a State-of-the-Art digital learning platform, powered by TalentSprint. iPearl.ai, highly rated for its user experience, is a direct-to-device platform that works seamlessly on any internet-connected device and provides a single sign-on experience for all your learning needs, including recorded videos, reading material, live interactive sessions, assignments, quizzes, discussion forums, virtual lounges and more.