Admissions Open · Batch 2026–27

MSc AppliedFinance

Thapar School of Liberal Arts & Sciences

If you are planning to pursue a career in finance, there has never been a better time to begin. The financial industry is undergoing profound transformations

50

Total Credits

1 yr

Duration

GMU

Joint Degree

STEM

Designated

OTP Unverified

Change agents such as disruptive technologies, regulatory changes, geopolitical volatility, climate change, and demographic shifts are reshaping global finance. These tailwinds are creating new investment opportunities while accelerating innovation throughout the financial industry. At the same time, industry is now exposed to unprecedented, latent and unidentified threats. This has intensified risk and complicated long-term financial return planning. Consequently, financial institutions have become agile, forward-looking, and responsive, underscoring the urgent need to redefine the competencies of future finance professionals.
Also, the financial industry has witnessed unprecedented growth in recent years. A McKinsey study found that, worldwide, the rising wealth of households and institutions increased the total funds intermediated by financial institutions by an impressive 40% between 2014 and 2024. Moreover, a recent report by one of the leading players in the Indian financial sector revealed that the market cap of the Indian BFSI (Banking, Financial Services, and Insurance) sector has grown 50 times over the past decade, accounting for 27% of the country’s GDP. This extraordinary expansion of the financial industry, both nationally and globally, highlights a striking trend and signals a structural shift in the economy. This trend indicates that, from a support sector, finance has evolved into the core driver of economic growth. The deepening and growth of the sector are driving increased demand for finance professionals.
Keeping in view the growing and sustained demand for skilled finance professionals who can navigate the challenges and seize the opportunities, we have developed our MSc Applied Finance programme.
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Interdisciplinary & Tech-IntegratedCurriculum

Our program distinguishes itself from other finance master’s programs and offers you a competitive edge in several ways.

Practice-centered Pedagogical Approach

01

Every concept in the programme is anchored in application. Instead of abstract theory, students learn finance the way it is practised — through case studies, simulations, and problem-based modules. Each topic is reinforced immediately with practical, hands-on work, so learners graduate decision-ready from day one.

Hands-on Projects using advanced analytical tools

02

Coursework is paired with real projects built on advanced analytical tools such as Python and Stata. Students work with live datasets, build financial models, and run empirical analyses — developing the same tool stack used daily by analysts, quants, and researchers across the finance industry.

Interdisciplinary & AI-Focused Curriculum

03

Offered by a liberal arts school within a nationally recognised engineering institution known for its strength in Artificial Intelligence and data science, the MSc Finance programme at TSLAS carries a distinct interdisciplinary edge — bridging finance, economics, technology, and decision sciences in a way few pure finance programmes can match.

Experiential Learning with Industry Exposure

04

In line with the institute's emphasis on experiential learning, students undertake virtual projects under the guidance of industry professionals — solving practical business challenges, interacting with working mentors, and building a portfolio of applied work before they graduate.

Advanced Labs & Research Infrastructure

05

The institute houses a dedicated Finance and Behavioural Economics Lab equipped with state-of-the-art computing infrastructure and access to premium financial databases. This enables students to develop as research-oriented, analytically rigorous finance professionals — ready for both industry and academia.

Global Opportunities & International Degree

06

Students have the unique opportunity to earn an international STEM-designated degree through our Joint MSc Finance programme with George Mason University, USA — opening pathways to global careers, CFA-aligned learning, and extended work eligibility in the United States.

0%

Growth in Global Funds Intermediated (2014–2024)

0x

Growth in India's
BFSI Market Cap

0%

of India's GDP from
the BFSI Sector

Programme Objectives

The programme nurtures a new generation of financial managers and researchers who combine strategic insight with analytical rigour, capable of contributing to an industry that continues to expand in complexity, innovation, and global relevance. The broad objectives of the programme are to:

.Demonstrate advanced knowledge of financial theory and practice

.Apply quantitative and analytical tools for financial decision-making

.Evaluate financial strategies and risk in dynamic business environments

.Integrate theory and evidence to solve real-world financial problems

.Exhibit ethical,sustainable, and responsible financial decision-making

Career Outcomes

MSc Finance graduates typically take up executive roles across diverse financial services sectors.

Trading

Investment Banking

Corporate Finance

Investment Management

Banking & Financial Services

Research & Analytics

 

Eligibility Criteria

Applicants seeking admission to the Master of Science (MSc) in Finance programme must possess a strong quantitative and analytical background. The sections below outline the minimum eligibility requirements and the additional attributes that will be considered during the selection process.

Candidates must hold a four-year undergraduate degree in Management, Technology, Economics, Commerce, Mathematics, Engineering, or other Sciences from a recognised university or institution. In addition, a three-year BCom or BBA degree from Thapar qualifies the candidate specifically for the Joint MSc Finance programme with George Mason University.

A minimum aggregate of 60% marks (or equivalent CGPA) in the qualifying degree is required. Marks obtained in the final qualifying examination will serve as the primary benchmark for verifying academic eligibility.

Applicants with prior coursework or demonstrated proficiency in finance, economics, statistics, or quantitative methods will be given preference. Candidates with relevant work experience, research exposure, or industry certifications such as CFA, FRM, or equivalent may be accorded additional weightage during the selection process.
International Partnership

Joint MSc Financewith George Mason University.

Students who apply for our Applied MSc Finance programme have the opportunity to pursue a Joint MSc Finance programme with George Mason University (GMU), USA, gaining international academic exposure, advanced training in finance and economics, and access to globally respected research and learning environment.

Program Benefits

01

The George Mason Master of Science in finance is STEM-designated.

02

The George Mason Master of Science in Finance curriculum is CFA-affiliated.

03

All students are eligible for a scholarship; a GMAT (or GRE equivalent) score of 560 or better can improve the award.

Eligibility

Three-year BBA/BCom Degree from Thapar School of Liberal Arts and

Science (TSLAS) OR Four-year degree in any Discipline

Application Requirements

  • Online Application (Fee waived)
  • Degree Documents
  • Transcripts/Degree Certificate
  • Resume
  • Goals Statement
  • English Proficiency Test
  • Duolingo, IELTS, TOEFL
  • Optional: GMAT or GRE Test

Programme Structure, Applied MSc Finance TSLAS

The one-year MSc Finance programme offered by Thapar School of Liberal Arts and Science requires students to complete 12 courses and an Industry Project/Thesis, earning 50 credits spread across two semesters.
The curriculum of this programme has been thoughtfully curated in consultation with academic and industry stakeholders to provide a strong, comprehensive foundation — and subsequent depth for further education — equipping students with practical skills to excel across a diverse range of finance career paths.
On completion, MSc Finance graduates typically take up executive roles in diverse financial services sectors including Trading, Investment Banking, Corporate Finance, Investment Management, and Banking.
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Sem I (24 Credits)

Managerial Economics and Decisions of the Firm

4 cr

Managerial Economics and Decisions of the Firm

4 cr

Managerial Economics and Decisions of the Firm

4 cr

Managerial Economics and Decisions of the Firm

4 cr

Managerial Economics and Decisions of the Firm

4 cr

Managerial Economics and Decisions of the Firm

4 cr

Sem II (26 Credits)

Asset Pricing and Portfolio Management

4 cr

Corporate Governance and Sustainable Finance

4 cr

Fixed Income Securities

4 cr

Venture Capital, Private Finance, and Alternative Investments

4 cr

Futures, Options and Other Derivatives

4 cr

Industry Project/thesis

4 cr

Ethical and Professional Standards in Finance

2 cr

Total Programme Credits

50 Cr

Programme Structure Joint MSc Finance Programme with GMU

In Phase One (July to December), students will complete four core courses at TSLAS, earning a total of 16 credits. Of these, the following three courses will be mapped to the MSc Finance curriculum at George Mason University (GMU), allowing 9 credits to be transferred toward GMU's degree requirements:
1. Managerial Economics and Decisions of the Firm
2.Statistical and Quantitative Methods for Finance
3.Financial Economics and Statement Analysis

In Phase Two (January to July), students will undertake eight courses (3 credits each) at the Costello College of Business, GMU, adding 24 credits. This brings the total to 33 credits (9 from TIET and 24 from GMU), which fulfils the MSc Finance degree requirements at GMU.
Upon successful completion of both phases, GMU will confer the MSc Finance degree.
Read More .

Course Name

Credits for GMU degree

Managerial Economics and Decisions of the Firm

3 cr

Statistical and Quantitative Methods for Finance

3 cr

Financial Economics and Statement Analysis

3 cr

Ethical and Professional Standards in Finance

3 cr

Corporate Finance and Governance

3 cr

Venture Capital, Private Finance, and Alternative Investments

3 cr

Investment Analysis

3 cr

Futures, Options and Other Derivatives

3 cr

International Finance and Financial Markets

3 cr

Fixed Income Securities

3 cr

Student Managed Investment Fund/Thesis

3 cr

Total Programme Credits

33 Cr

Admission Process

Selection to the programme will be based on performance in an entrance examination followed by a personal interview.

Scholarship

80% marks in a relevant undergraduate course

30% of the tuition fee

90% or above marks in an undergraduate course

50% of the tuition fee

Professional certifications (CA, CFA, CMA, ACCA, CFP, CPA, CIMA, FRM)

50% of the tuition fee

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