Chennai: The Indian Institute of Technology-Madras (IIT-M) today announced the launch of a new Inter-disciplinary Dual Degree (IDDD) program on ‘Quantitative Finance.’
This course would be jointly offered by Departments of Management Studies, Computer Science and Engineering and Mathematics for B.Tech dual degree students, a IIT-M release said.
The course has been designed to enable students to more easily adapt to new developments in finance and bridge the gap between the application of modern product and process technologies and state-of-the-art finance.
The course requires relatively extensive use of quantitative methods and theoretical reasoning. The IDDD course is open to undergraduate students of all branches of engineering disciplines at IIT-Madras. Existing students can choose to pursue the course from the 6th semester.
The course will have an intake of 25 students and the first batch of students would be joining in January 2023.
Prof.Prathap Haridoss, Dean (Academic Courses), IIT-M said “this course belongs to the IDDD (Interdisciplinary Dual Degree) family of five-year programmes of IIT Madras.”
IIT-M has a total of 12 IDDD courses as on date in cutting-edge areas like Artificial Intelligence/Machine Learning, Data Science, Robotics and Electric Vehicles, among others.
Prof.M.Thenmozhi, Head, Department of Management Studies, IIT-M said “this course is ideal for students preparing for careers involving design and management of new financial instruments, development of innovative methods for measuring or predicting and managing risk.”
“The main focus will be to provide insights on advanced financial tools and techniques and their applications”, she added.
Prof.B. Ravindran, Head, Robert Bosch Centre for Data Science and AI, IIT-M, said, “The course exposes the students to the latest data science and AI techniques that are applied in the field of quantitative finance.”
