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FAQs for M.Sc

IAQS is a premier education institute helping students to pursue Actuarial Science and Quantitative Finance studies. The Institute is acting as an academic collaborator to University of Mumbai for B. Sc. and M. Sc. program in Actuarial and Quantitative Finance

  • Curriculum focuses on industry integrated learning by having >60% of industry practitioners as part of the teaching faculty.
  • Students get a chance to interact with the CEOs, Senior Management, and industry experts exposing them to industry realities and help them building their industry network
  • Program also provides students a hands-on experience with new age business analytics tools such a Python, Bloomberg terminal, R, Advance Excel, etc.
  • Program directly compliments professional qualifications such as Actuarial Science, CFA, FRM, etc.
  • Course is accredited by University of Mumbai bringing it under the formal education system giving it world-wide recognition.
  • The program curriculum is firmly grounded in the enduring knowledge and skills you will use every day in the investment and risk modelling profession. It is designed to evolve each year to include new business tools, ideas, and concepts to reflect the dynamic and complex nature of such global profession.

    The curriculum provides a comprehensive framework that contains concepts that you will use at all stages of your career and in many areas of specialization. The program equips you with the practical and fundamental knowledge required for a wide variety of career choices in Risk modelling, Actuaries, Data Science and various other Investment domains.

    Program's emphasis on building your mathematical and statistical skill will enable you to solve the most exciting and significant real-world challenges going forward.

    Actuarial Science (IFoA, IAI) Quantitative Finance
    End of Year1 CS1, CB1, CM2, CB2 CFA Level 1, (CFA and FRM)
    End of Year2 CM1*,CS2*,CP1*, CP2 CFA Level 2, (CFA and FRM)

    *If opted for Actuarial elective

  • Graduated from any stream (Science, Commerce or Arts)
  • Clear an entrance test, QAT (Quantitative Aptitude Test) and other entry requirements.
  • Note: You are exempted from an entrance exam if you have cleared ACET or any Actuarial paper.

    If you're ready to pursue M.Sc. in Actuarial and Quantitative Finance, then enroll in the program and register for the entrance exam today.

    For registration, please visit www.iaqs.in

    This is an online entrance exam covering the following subjects:

  • Math + Stats (70% weightage)
  • English (30% weightage)
  • Test is mandatory unless you have cleared ACET or any Actuarial paper
  • 100 marks test of 2 hours consisting of 70 multiple-choice questions (MCQs).
  • Incorrect answers will result in 25% negative marking.

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