Indian Institute of Quantitative Finance
Indian Institute of Quantitative Finance
Center of Excellence in Quantitative Finance and Financial Engineering
In fo Current Courses

News Letter
Financial Risk Management, FRM, GARP
We are Authorised Exam Prep Provider for FRM® conducted by GARP®.
Know More About FRM® Programs Below .

Post Graduate Program in Financial Engineering (PGPFE)
1 Year (Part Time)
Quantitative Aptitude Test (QAT)



MoreInformation Admission Process
The admission test will assess the competency level of the candidate in the following three subjects
SubjectWeightageRemarks
Finance 20%Objective type questions, covering basic bond mathematics, financial markets, basics of financial derivatives.
Mathematics and Statistics 40%Objective type questions on differential calculus - derivatives of simple uni/multi-variate functions, Taylor's series, integral calculus - indefinite and definite integrals of simple integrands, solving simple ordinary differential equations, linear algebra, permutations and combinations, probability and probability distribution, basic statistics and estimation theory.
Programming 40%Objective and subjective type questions. The candidate can choose to answer the test in any programming language of his/her choice

  • The objective type questions will carry negative marks for wrong answers. Unanswered questioned will not be scored.
  • The evaluation of the admission test will be based on the aggregate score of the candidate in all the three subjects and will be percentile based
  • Students must achieve minimum passing scores in each of the two subjects of the test viz. Mathematics and Statistics and Programming
  • Passing in the Finance section of the admission test is not mandatory, those candidates who do not clear the finance section will have to compulsorily take the finance foundation module


  • Copyright © Indian Institute of Quantitative Finance Pvt Ltd. All Rights Reserved