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  • Leading national school for teaching and research of Economics, Finance, Statistics, Environment, Management & Data Science
  • Ranked among the top institutes in the country
  • Chaired by celebrated economist and Padmavibhushan awardee, Prof. Dr. C. Rangarajan, former Chairman of PM's Economic Advisory Council, former Governor of Andhra Pradesh, former Governor of RBI
  • Silver jubilee Masters programme with 25 years of Alumni network
  • Strong industry partnerships
  • Continuous engagement with leading think-tanks
  • Beautiful, green campus, centrally located in the heart of Chennai



The MSE PGDM is designed to train students for technically challenging jobs with financial institutions, consulting services and analytical companies. It also provides a unique combination of knowledge of complex theories with rigorous exposure to the underlying mathematical-statistical theories and practical financial modeling to enhance the ability of the students to meet the demands of today's industry and companies committed to data-driven decision-making. Experts from industry further enrich student ability.

Why choose the MSE PGDM?

  • A quantitative PGDM with focus on rigorous fundamentals and hands-on industry-ready tools
  • Unique and relevant curriculum crafted in consultation with academic experts and industry partners
  • Excellent placements record


Students can apply to one or both of the following two year full-time programs


The specialization in Research and Business Analytics offers electives such as machine learning, artificial intelligence, big data, and domain specific analytics courses such as medical analytics and financial analytics, in order to cater to industry demand in such fast growing areas.


The specialization in Finance includes in-depth theoretical and empirical coursework in asset pricing and corporate finance. Electives offered include stochastic calculus, derivatives pricing, computational techniques in finance and market microstructures.


  • Minimum 60% in class X, XII and undergraduate degree.
  • Undergraduate degree from recognized university (10+2+3 or 10+2+4).
  • No arrears/ backlogs at the time of joining the program.
  • Preferable to have had Mathematics at Class XII level.
  • Scores from any of the following entrance exams - CAT/ GMAT/ XAT/ MAT/ CMAT/ ATMA.


  • Application form must be filled online at and supporting documents scanned and uploaded.
  • Cost of application form - Rs. 1500 only. Payment to be made through NEFT and transaction ID to be entered in the application form.
  • Last date for submitting filled application forms - 30 April 2020.
  • Academic session commences - 20 July 2020.


The MSE PGDM is designed to train students for technically challenging jobs with financial institutions, consulting services and analytical companies. They also provide a unique combination of knowledge of complex theories with rigorous exposure to the underlying mathematical-statistical theories and practical financial modeling to enhance the ability of the students to meet the demands of today's industry and companies committed to data-driven decision-making. Experts from industry further enrich the student ability.

The two-year program is divided into six terms with class room instruction, and one term in the summer which consists of an internship in the industry. Both Research & Business Analytics (RBA) as well as Finance (FIN) undergo a similar first year, with a common syllabus in the first three terms. The focus is on learning foundational Mathematics, Microeconomics, Macroeconomics, Stochastic Calculus, Accounting, Finance with an introduction to Programming, Algorithms and Marketing.


Dr. K. R. Shanmugam

Ph.D. (Econometrics), University of Madras Director & Professor

With research interests in Public Finance, Macroeconomic models, Applied Econometrics, Finance and Economics of Human Resources, Dr. Shanmugam teaches Financial Time Series and Econometrics.

Dr. Rakesh Nigam

PhD Stanford (Applied Physics) Professor & Principal, PGDM

Acclaimed for the Nigam’s Formula on Solar Oscillations, Dr. Nigam has held senior teaching and research positions in the International Computer Science Institute, Berkeley and the Chennai Mathematical Institute.

Dr. Srikant P

Fellow, IIM Calcutta (Finance & Control) Associate Professor & Chairperson, PGDM

Dr. Srikant teaches courses in financial economics, corporate finance and financial markets. He holds a PhD and MBA from IIM Calcutta, and a B. E. from Delhi University. Before entering academics, Dr. Srikant managed multi-billion dollar proprietary systematic and arbitrage strategies.

Dr. Saumitra Bhaduri

Ph.D. (Economics), IGIDR, Mumbai, 1998 Professor

Dr. Naveen Srinivasan

Ph.D. (Economics), Cardiff Business School, Cardiff University, UK, 2002 Professor

Dr. R. Kannan

Ph.D. Professor

Dr. Zareena Begum J

Ph.D., Indian Institute of Technology Roorkee, 2007 Associate Professor

Dr. Ekta Selarka

Ph.D. (Economics), IGIDR, Mumbai Associate Professor

Dr. Sowmya Dhanaraj

Ph.D. (Development Studies), IGIDR, Mumbai, 2017 Assistant Professor

Dr. Parthajit Kayal

Ph.D. (Quantitative Finance), IFMR Assistant Professor

Dr. Gangadharan

Ph.D. (Economics), University of Madras Faculty & AO

Dr. Deepa Duraiswamy

Ph.D. University of Madras, PGDM IIM Calcutta, 2002 Faculty



  • The program is extremely well designed and unlike the conventional MBA programs, offers a very quantitative and programming based approach. We are constantly motivated to think out of the box and come up with solutions to real life problems, preparing us to face the industry and making us even more practical in our approach.

    Ishita Gupta

    PGDM Finance 2019-21

  • Why MSE? Going through the course curriculum which was very unique and fully data driven and learning the vision of how the course was intended to progress, told me that I was on the right track. I am happy that it is going exactly the same way now and we are exploring a lot areas where Analytics can play a big role.

    Shashi Ranjan Mandal

    PGDM RBA 2019-21

  • I have always been curious about the factors that affect the growth of an economy. Also, as an engineering graduate, I wanted to solve the uncertainty that is prevalent in our economy. I believe that Analytics gives you the opportunity to solve this kind of problem. Therefore, I choose to pursue PGDM at MSE.

    Lilendar Rohidas PGDM

    RBA 2019-21

  • The PGDM program at MSE is well-crafted and has an array of quantitative courses in data science and finance. The rigorous mathematical foundation provided here and the insistence on programming fundamentals is unparalleled.

    Rohith Krishna PGDM

    RBA 2019-21

  • MSE offers the best when it comes to Data Science and Analytics. The amalgamation of different disciplines is well balanced. The faculty members have vast experience in specialized fields. Statistics and Mathematics are the backbone of Financial Engineering and that is what makes MSE one of the best Business Schools.

    Roopchand Parise

    PGDM Finance 2019-21

  • Apart from the extensive curriculum,we have a very good faculty who give broad intuitions into real life examples and the actual concept behind what we use in our day to day life. This course is widely directed towards applying the techniques we learn and keeps alive our enthusiasm to learn.

    Sri Rajitha Thattikota

    PGDM RBA 2019-21

  • MSE offers a unique pedagogy combining elements of - Computer science, Economics, Statistical analysis and Business management. This is a rigorous course that trains students on the core fundamentals of Data Science. I could see immense value in choosing to pursue this course at MSE for a holistic learning experience, as compared to many other courses out there.

    Akash Gupta

    PGDM RBA 2019-21

  • I have always been inclined towards finance. When I went through the curriculum of MSE, it was perfect for me. The overall course structure with added machine learning with finance application provides a well-balanced and advanced curriculum to the program. Moreover, the faculty are great!

    Venkat Suman Panigrahi

    PGDM Finance 2019-21

  • Data science and analytics are not just fancy words but the need of the hour. This course attempts to bridge the gap between the old school and the neo management. It challenges students to test their potential every class. Teachers take due time and patience to teach students from the basics. hey take feedback and constructive criticism in moulding the course for the better.

    Rai Pramanik

    PGDM Finance 2018-20

  • With abundance of data flowing in, the PGDM course at MSE is equipping the students with all the skills required to give them an edge in this field. From its fundamental courses in mathematics, statistics and Programming to its core courses like machine learning and robotics, this course really stands out.

    Arushi Bagga

    PGDM RBA 2018-20

Campus Life

Some of the invited talks and endowment lectures that our students had the opportunity to attend last year.

  • Second year team winning the Accenture Case Challenge 2019

  • Ms. Pramad Jandhyala, Co-Founder & Director, LatentView Analytics, delivering a talk for the Friday Lecture Series

  • Mr. Ajoy Krishnamurti, Chief Business Officer, Crayon Data, delivering a talk for the Friday Lecture Series

  • Students with Prof. C. Rangarajan, Chairman, MSE and former Governor, RBI

  • Glimpses from the classroom

  • Glimpses from the class room


The programme needs an investment of Rs. 10 lakhs payable in 3 installments.

Particulars Amount, Rs.
First installment fee 300,000.00
Refundable Caution Deposit on Admission 50,000.00
Second Installment Fee-October 15, 2020 400,000.00
Third & Final Installment Fee-June 15, 2021 300,000.00
Total Fee (excluding refundable deposit) 10,00,000.00



Address :

Madras School of Economics Gandhi Mandapam Road Kottur, Chennai 600025. Tamil Nadu, INDIA.

Phone :

Dr. Gangadharan, 044 66119541

Mail :