The liberalisation of the Indian economy in the early 1990s led to rapid economic growth and expansion. As the economy grew, so did the financial markets in India and with it grew the complexities of financial instruments. India’s 1st electronic stock exchange the National Stock Exchange (NSE) was incorporated in 1992, recognised as a stock exchange by SEBI in April 1993 and commenced operations in 1994 with the launch of the wholesale debt market segment, followed shortly thereafter by the launch of the cash market segment. In the year 2000-2001 trading in Derivatives (Futures and Options on stocks and stock index) was introduced. All this saw a rapid rise in participation in the Indian capital markets by Financial Institutions like Mutual Funds as well as investors and traders.

Around the latter half of the first decade of this century, many of the top global investment banks like Goldman Sachs, Lehman Brothers, JP Morgan, Citi Bank, Barclays and global financial institutions like Bank of New York Mellon started setting up high-end financial analytics departments in India. This created a need for professionals with specialised skills and deep knowledge in advanced Quantitative Finance and Financial Risk Management techniques.

Abhijit Biswas, the founder of IIQF ™, saw that there was a dearth of skilled professionals in India in the field known as "Quantitative Finance" and so the industry here was facing an acute shortage of quality professionals with strong skills in this domain, also known as the "Quants". There were no specialized courses on these subjects being offered by any of the colleges and universities in India.

Abhijit had earlier in 2001 co-founded India’s first Portfolio Risk Management and Analytics software product company called Risk Infotech Solutions Private Limited which provided risk management software products to global financial institutions and asset management companies. In this company, he along with his co-founder had done several pioneering research works in India on financial risk management systems development which led to the building of great expertise in the field of Quantitative Finance. In his company he too had faced the dearth of skilled Quant professionals while developing cutting-edge state-of-the-art risk management software.

Abhijit had the foresight and vision that India has the potential to become a global hub of high-tech financial engineering services like sophisticated derivatives valuations, model validations and risk analytics. However, to meet this objective, there was an express need to create a highly talented pool of industry-ready professionals who have the rare combination of multi-disciplinary skills like understanding of complex investment finance theories, rigorous exposure to the underlying mathematical and statistical theories, numerical analysis techniques, practical hands-on software coding experience of building complex financial risk models, derivatives valuation models. Such multi-disciplinary skills are not imparted in standard MBA or other degree programs in India.

It was in this context that the Indian Institute of Quantitative Finance (IIQF ™) was born. IIQF ™ was established in 2006, with the aim of providing world-class education and training in the field of Quantitative Finance to professionals and meet the growing demand in the industry for such highly skilled professionals. IIQF ™ is a finishing school in the field of Quantitative Finance for B-School graduates and a centre for continued professional education in Financial Engineering for practitioners.

IIQF ™ was founded by Abhijit Biswas and a team of top professionals from the Quantitative Finance and Financial Risk Management industry, with extensive experience and expertise in software product development and consulting to global Financial Institutions and with educational background from the best of global institutions, who were passionate about sharing their knowledge and experience with the next generation of Quant finance professionals.

IIQF ™ conducts short term specialized courses in the field of Quantitative Finance and Risk Management, Advanced Quantitative Investment Management and Algorithmic Trading. These courses aim to equip graduates for careers that require sophisticated technical skills in these areas.

The institute's first program is the Certificate Program in Quantitative Finance and Risk Management (CPQFRM ^®). The program is designed to equip students with the skills and knowledge they needed to work in a variety of roles in the Banking and Financial Services Industry (BFSI), including quantitative investment management, financial risk management, portfolio management, derivatives trading, as well as in the software industry, designing and developing financial software & systems and financial consulting services, etc.

CPQFRM ^® program has gained significant industry recognition from the banking and financial services industry. CPQFRM ^® is officially recommended by PSU banks like Bank of Baroda, Bank of India, etc. for their Risk and Treasury Management employees.

CPQFRM ^® is a huge success, attracting students from across the globe from over 60 countries. The program is unique in its focus on practical, hands-on learning, with students gaining real-world experience in valuation of complex financial derivative instruments like Futures, Options, Swaps, etc. on a variety of asset classes like equities, currencies, commodities, interest rates, bonds and other fixed income instruments and Risk Modelling of Market Risk, Credit Risk, Operational Risk, Liquidity Risk, Portfolio Performance Measurement and Attribution.

Building on the success of CPQFRM ^®, IIQF ™ launched several other programs over the years. As IIQF ™ grew in size and reputation, it became a leading voice in the field of financial education in India. The institute's commitment to practical, hands-on learning, and its focus on quantitative methods and techniques, made it a popular choice for students looking to pursue a career in finance in general and Quant Finance in particular.

Over the years, IIQF ™ has continued to expand its range of programs, keeping up with the latest trends and technologies in the industry. The institute has also continued to invest in its research capabilities, with a dedicated research team conducting cutting-edge research in the field of quantitative finance and algorithmic trading.

Today, IIQF ™ is widely regarded as one of the leading institutions for quantitative finance and algorithmic trading education in India. The institute has been recognized for its contribution to the industry by several prestigious organisations.

Looking to the future, IIQF ™ is committed to continuing its mission of providing world-class education and training in the field of quantitative finance. The institute is constantly updating its programs and curricula to keep up with the latest trends and technologies in the industry. It is also exploring new partnerships and collaborations that will enable it to reach even more students and help them achieve their career goals.

Indian Institute of Quantitative Finance (IIQF ™) is a testament to the power of passion and dedication. Founded by a group of Quant Finance professionals who saw the need for a modern scientific approach to financial education in India, IIQF ™ has grown into a world-class institution with a reputation for excellence in quantitative finance education. Its commitment to practical, hands-on learning, and its focus on quantitative methods and techniques, have made it a popular choice for students looking to pursue a career in finance. With its sights firmly set on the future, the IIQF ™ is poised to continue its success for many years to come.

CPFE ^®

Certificate Program in Financial Engineering (CPFE ^®) is an impressive program offered by Indian Institute of Quantitative Finance (IIQF ™). This program provides a deep multi-disciplinary and comprehensive mathematical knowledge of financial engineering and quantitative finance, making it an ideal choice for students and professionals looking to enhance their skills for technically sophisticated jobs with financial institutions, financial service providers, financial consulting services and financial software companies.

The program is divided into three levels, starting from the very basics and progressing to the most advanced models and theories, each level building on the previous one. Level 1 covers the basics of investment finance, programming, financial mathematics and statistics. Level 2 delves deeper into Machine Learning for Finance, Stochastic Calculus, Monte Carlo Simulations, Partial Differential Equations (PDE) and other Numerical methods. Level 3 covers derivatives pricing model and risk analytics. It is delivered through live online instructor-led week-end lectures, allowing students to study from anywhere in the world.

The courses are conducted by a world-class faculty team. The instructors are highly acclaimed practitioners and academics in Quant Finance who have worked with topmost global investment banks and firms in New York, London, Singapore, Sydney and more, with academic background from some of the world’s top universities like Stanford (USA), Columbia (USA), IIM, IIT, ISI. They use a combination of lectures, case studies and hands-on practical implementations, teaching how to combine Quant finance theories with computational methods and coding pricing/valuation and risk models in the Python programming language, to ensure that students gain a deep understanding of the real-world application areas.

CPFE ^®program is flexible, allowing students to complete each level over a period of seven months to two years. It provides access to a range of resources, including a comprehensive online library of study materials, research papers, financial data and software, which allows students to gain practical, hands-on experience in financial engineering and quantitative finance.

Upon completion of the program, students receive a certification from the IIQF ™, which is internationally recognized as a mark of excellence in quantitative finance and financial engineering. This certification is highly valued by employers in the financial industry, and many graduates of the program have gone on to successful careers in quantitative finance and related fields.

CPQFRM ^®

Certificate Program in Quantitative Finance and Risk Management (CPQFRM ^®) is an impressive program offered by Indian Institute of Quantitative Finance (IIQF ™). This program provides students and professionals with a comprehensive understanding of quantitative finance and risk management, making it an ideal choice for individuals looking to enhance their skills in these areas. CPQFRM ^® is officially recommended by PSU banks like Bank of Baroda, Bank of India, etc. for their Risk and Treasury Management employees.

CPQFRM ^® program is designed to cover a wide range of topics, including financial mathematics, derivatives pricing, risk management, and portfolio management. The program is delivered through live online instructor-led week-end lectures, allowing students to study from anywhere in the world.

The program is divided into three levels, with each level building on the previous one. Level 1 covers the basics of investment finance, programming, financial mathematics and statistics. Level 2 delves deeper into Machine Learning for Finance, Stochastic Processes, Monte Carlo Simulations and Numerical methods. Level 3 covers derivatives pricing models and risk analytics.

CPQFRM ^® program provides students with access to a range of resources, including a comprehensive online library of study materials, research papers, financial data and software. This allows students to gain practical, hands-on experience in quantitative finance and risk management, which is highly valued by employers in the financial industry.

The courses are conducted by a world-class faculty team. The instructors are highly acclaimed practitioners and academics in Quant Finance who have worked with topmost global investment banks and firms in New York, London, Singapore, Sydney and more, with academic background from some of the world’s top universities like Stanford (USA), Columbia (USA), IIM, IIT, ISI. The courses are delivered using a combination of lectures, case studies and hands-on practical implementations of pricing/valuation and risk models in the Python programming language, to ensure that students gain a deep understanding of the real-world application areas.

Upon completion of CPQFRM ^® program, students receive a certification from the IIQF ™, which is recognized internationally as a mark of excellence in quantitative finance and risk management. This certification is highly regarded by employers in the financial industry, and many graduates of the program have gone on to successful careers in quantitative finance and related fields.

PGPAT

Post Graduate Program in Algorithmic Trading (PGPAT) is an advanced program offered by the Indian Institute of Quantitative Finance (IIQF ™). This program provides students and professionals with a comprehensive understanding of algorithmic trading using both technical analysis and quantitative analysis, making it an ideal choice for individuals looking to enhance their skills in these areas.

PGPAT program is designed to cover a wide range of topics, including quantitative trading strategies, algorithmic trading, and market microstructure. The program is delivered through live online instructor-led week-end lectures, allowing students to study from anywhere in the world.

The program is divided into three levels, with each level building on the previous one. Level 1 covers the basics of algorithmic trading, while Level 2 delves deeper into quantitative trading strategies and market microstructure. Level 3 covers advanced topics such as quantitative trading strategies, high-frequency trading and machine learning in trading.

One of the unique features of PGPAT program is that it provides students with access to a range of resources, including a simulated market trading lab, trading APIs of broking firms and a library of stock market data. This allows students to gain practical, hands-on experience in algorithmic trading, which is a skill valued by employers in the financial industry.

Upon completion of the PGPAT program, students receive a certification from IIQF ™, which demonstrates the candidates’ skills and competence in designing, developing and implementing end-to-end algorithmic trading strategies.

CPMLF

Certificate Program in Machine Learning for Finance (CPMLF) offered by the Indian Institute of Quantitative Finance (IIQF ™) is the first program in India focussing on the application of machine learning techniques in the finance domain encompassing various subfields financial forecasting, risk management, quantitative finance, derivative pricing, algorithmic trading, portfolio optimization, regulatory compliance etc. This program provides students and professionals with a comprehensive understanding of machine learning techniques, financial applications and implementation use-cases making it an ideal choice for aspirants looking for a long-term machine learning and data science careers in FINTECH, consulting firms, investment/corporate/retail banks, IT product and service companies.

CPMLF program is designed to exhaustively cover all techniques under supervised learning, unsupervised learning, deep learning, reinforcement learning, natural language processing with special focus on financial applications. The program is delivered through live online instructor-led week-end lectures, allowing students to study from anywhere in the world.

The program is divided into four levels, with each level building on the previous one. Level 1 covers the machine learning preliminaries covering essentials on mathematics, statistics, probability and programming. Level 2 focusses on different types of statistical models, machine learning models and financial modelling applications. Level 3 covers advanced topics such as deep learning, reinforcement learning and natural language processing with specific financial use-cases. Level 4 focusses on machine learning prototyping, implementing a capstone project and writing an implementation whitepaper or a research paper.

One of the unique features of the CPMLF program is that it provides students with an exposure and access to a wide range of learning resources like curated learning material and deep-dive reference books/papers, financial use case library, implementation practice scratchpad labs and a comprehensive library of financial data and software. This allows students to gain practical, hands-on experience in machine learning techniques and their applications in finance, which is highly valued by employers in the financial industry.

Upon completion of the CPMLF program, students receive a certification from IIQF ™, which is recognized globally as a mark of excellence in machine learning for finance. This certification is highly regarded by employers in the financial industry, and many graduates of the program have gone on to successful careers in machine learning and related fields.

CPAT

Certificate Program in Algorithmic Trading (CPAT) is an impressive program offered by Indian Institute of Quantitative Finance (IIQF ™). This program provides students and professionals with a comprehensive understanding of algorithmic trading and its applications in the financial industry, making it an ideal choice for individuals looking to enhance their skills in these areas.

CPAT program is designed to cover a wide range of topics, including quantitative trading strategies, algorithmic trading, market microstructure, and risk management. The program is delivered entirely online, allowing students to study at their own pace from anywhere in the world.

The program is divided into three levels, with each level building on the previous one. Level 1 covers the basics of quantitative trading and algorithmic trading, while Level 2 delves deeper into quantitative trading strategies and market microstructure. Level 3 covers advanced topics such as risk management and portfolio optimization.

One of the unique features of the CPAT program is that it provides students with access to a range of resources, including a state-of-the-art trading lab and a comprehensive library of financial data and software. This allows students to gain practical, hands-on experience in algorithmic trading and quantitative finance, which is highly valued by employers in the financial industry.

Upon completion of the CPAT program, students receive a certification from IIQF ™, which is recognized globally as a mark of excellence in algorithmic trading and quantitative finance. This certification is highly regarded by employers in the financial industry, and many graduates of the program have gone on to successful careers in algorithmic trading and related fields.

CPPPF

Certificate Program in Python Programming for Finance (CPPPF) offered by Indian Institute of Quantitative Finance (IIQF ™) is an impressive program designed to equip students and professionals with a comprehensive understanding of Python programming and its applications in the financial industry.

CPPPF program is designed to cover a wide range of topics, including Python programming basics, data manipulation, data visualisation, and machine learning. The program is delivered entirely online, allowing students to study at their own pace from anywhere in the world.

The program is divided into three levels, with each level building on the previous one. Level 1 covers the basics of Python programming, while Level 2 delves deeper into data manipulation and visualisation. Level 3 covers advanced topics such as machine learning and its applications in finance.

One of the unique features of the CPPPF program is that it provides students with access to a range of resources, including a comprehensive library of financial data and software. This allows students to gain practical, hands-on experience in Python programming and its applications in finance, which is highly valued by employers in the financial industry.

Upon completion of the CPPPF program, students receive a certification from the IIQF ™, which is recognized globally as a mark of excellence in Python programming and its applications in finance. This certification is highly regarded by employers in the financial industry, and many graduates of the program have gone on to successful careers in data analysis, quantitative finance, and related fields.

CPDVRA

CPDVRA (Derivatives Valuation & Risk Analytics) program offered by IIQF ™ is a highly impressive program designed for individuals with prior experience in the field of quantitative finance and risk management. The program provides students with a comprehensive understanding of derivatives valuation and risk analytics, and prepares them for advanced roles in the financial industry.

The program is delivered entirely online, allowing students to study at their own pace from anywhere in the world. The program covers a wide range of topics related to derivatives valuation and risk analytics, including option pricing models, stochastic calculus, risk management, and portfolio optimization. The program also provides students with hands-on experience using industry-standard software tools such as MATLAB and Python.

One of the unique features of the CPDVRA program is its emphasis on practical applications of derivatives valuation and risk analytics. Students work on real-world projects, which allow them to apply the concepts and tools they learn in the program to real-world financial problems.

CPDVRA program also provides students with access to experienced instructors who are experts in the field of derivatives valuation and risk analytics. These instructors are available to answer questions, provide guidance, and offer feedback on assignments and projects.

Upon completion of CPDVRA program, students are equipped with the skills and knowledge they need to succeed in advanced roles in the financial industry. The program provides a strong foundation in derivatives valuation and risk analytics, which are highly sought after skills in the financial industry.