The e-Masters in Quantitative Finance and Risk Management program at IIT Kanpur is designed to equip students with the practical skills necessary to improve risk management practices in organizations. The course places a strong emphasis on the application of quantitative finance and provides hands-on experience through up to four projects. This program is ideal for aspiring traders and finance professionals looking to make a noticeable impact in alternative investment fields.
By earning a Masters in Quantitative Finance, working professionals will have the foundation they need for a successful career in this field. The program provides a unique opportunity to gain hands-on experience and develop the skills necessary to succeed in a rapidly changing industry.
Maximize Your Potential in the Financial Markets with IIT Kanpur's World-Class Masters in Quantitative Finance and Risk Management
Maximize Your Potential in the Financial Markets with IIT Kanpur's World-Class Masters in Quantitative Finance and Risk Management
eMasters in Quantitative Finance and Risk Management has modules that are divided into Core (C) and Projects (P). The Programme has 10C+2P structure
Overview of economics and finance
Monetary and Fiscal Policies
Understanding the open economy
Measuring the time value of money
Risk and return analysis
Fixed income securities
Overview
Forward and Futures
Risk Management
Options
Trading Strategies
Pricing of Options
Introduction
Linear regression
Time Series Analysis
Panel Data Modelling
Limited dependent variable model
Simulation methods
Overview
Portfolio analysis
Asset Pricing Models
Market efficiency
Security Analysis and Valuation
Investment strategies
Fundamentals of ML
Regularization and Basics of python
Understanding Model Fit
Ensemble Methods and LSTM
ML in Active Management
ML in Risk Management
Overview
Cash and liquidity management
Capital management and financing
Risk management
Credit risk in derivatives products
Settlement, netting and margins
Pricing and valuations of commodity futures
Pricing and valuations of non-storable commodities
Pricing and Valuations of Weather Derivatives
Pricing and Valuations of Carbon Derivatives
Pricing and Valuations of Freight, Property, and Payroll
Hedging and speculation with futures
Introduction
Evolution and Genesis
Blockchain in Finance
Blockchain in Finance Application – 1
Application – 2
Wholesale P2P Trading
Introduction
Trend Recognition
Chart
Technical Indicators
Technical Indicators - Oscillators
Commodity Trading Strategies
Overview
Multivariate time-series models
Non-stationary time-series
Modelling dynamic volatilities
Switching models
Event-study analysis
Project - 1
Project - 2
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 |
₹40,000 |
Admission Fee To be paid to complete enrollment |
₹1,60,000 |
Module Fee To be paid at the beginning of every quarter based on no. of modules selected (Total 12 Modules) |
₹5,40,000 ₹45,000 per module |
Quarter Fee* To be paid at the beginning of every quarter |
₹60,000 ₹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.
Fee paid are non-refundable and non-transferable
IIT Kanpur to upskill workforce in Quantitative Finance and Risk Management with eMasters degree
Over the years, the finance industry has undergone a major paradigm shift from traditional queue banking to digital swipes in the stock market....
IIT Kanpur to upskill workforce in Quantitative Finance and Risk Management with eMasters degree
Over the years, the finance industry has undergone a major paradigm shift from traditional queue banking to digital swipes in the stock market...
IIT Kanpur to upskill workforce in Quantitative Finance and Risk Management with eMasters degree
Over the years, the finance industry has undergone a major paradigm shift from traditional queue banking to digital swipes in the stock market...
IIT Kanpur to upskill workforce in Quantitative Finance and Risk Management with eMasters degree
Over the years, the finance industry has undergone a major paradigm shift from traditional queue banking to digital swipes in the stock market...
The program curriculum spans 10 Core Modules and 2 Projects.
Module 1: Foundations of Economics and Finance
Develop a firm theoretical understanding of economic and finance concepts, their significance and their application in equity and derivatives markets.
Module 2: Introduction to Derivative Contracts
Gain an in-depth insight into the pricing and valuation of derivative contracts and the different commodities and financial instruments - Forward, Futures, and Options.
Module 3: Quantitative Methods in R and Python
Learn to analyze data using different quantitative methods - Linear Regression, Time Series Analysis, Panel Data Modelling, Limited Dependent Variable Model, and Simulation Methods. In addition, learn about R and Python concepts and their application in implementing financial models.
Module 4: Security Analysis and Portfolio Management
Understand the concept of Portfolio Management and Asset Pricing Models. Learn about formulating investment strategies, including valuation of equity and fixed income securities. In addition, know about Security Analysis and Valuation, assessing return anomalies to timely boost market efficiency.
Module 5: ML in Financial Modeling
Understand the big data problems in finance. Learn about Machine Learning (ML) and the different models used for applying ML in quantitative finance. Also, get introduced to ML applications in risk management.
Module 6: Treasury and Credit Risk Management
Identify different types of risks faced by firms. Learn about the advanced treatments of varying risk management practices and credit risk in derivatives products.
Module 7: Advanced Derivative Contracts and Pricing
Gain a detailed understanding of derivatives contracts with a balanced exposure to futures and options. Besides, learning about the valuations of forwards and futures from the perspectives of price discovery and risk management.
Module 8: Blockchain Applications in Finance
An introductory module that provides an overview of blockchain technology and its applications. Supported by illustrations and use-cases for effective learnings.
Module 9: Technical Analysis in Finance
Learn about various methods of detecting and identifying the trends and develop trading strategies.
Module 10: Advanced Financial Modeling
Get an overview of financial modeling in equity and derivatives markets. Explore the tools and techniques required for analyzing the financial data of different frequencies.
Projects
Project -1
Project -2
A tentative schedule will be shared closer to the program start date.
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.
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.