MADRAS SCHOOL OF ECONOMICS

MSE BUSINESS SCHOOL

Post-Graduate Teaching & Research in Economics, Finance & Management
(Approved by AICTE, Ministry of HRD, Govt. of India)

TWO YEAR FULL-TIME

POST-GRADUATE
DIPLOMA IN
MANAGEMENT
- FINANCE
- RESEARCH & BUSINESS ANALYTICS

ADMISSIONS BROCHURE 2020-22

[email protected] / www.mse.ac.in
INSIDE...

AT A GLANCE RECRUITER
THE MSE ADVANTAGE RELATIONSHIPS
BOARD OF GOVERNORS PLACEMENTS
CHAIRMAN'S NOTE STUDENT PROFILE
PGDM PROGRAM AT MSE CAMPUS LIFE
DIRECTOR'S NOTE FROM OUR STUDENTS
PGDM CHAIRPERSON'S ADMISSION PROCESS
NOTE ELIGIBILITY CRITERIA
PROGRAM OVERVIEW SELECTION PROCESS
CURRICULUM COURSE FEE
FACULTY TO DO LIST
LECTURES & EVENTS FAQS

[email protected] / www.mse.ac.in
AT A GLANCE
STUDENTS CAN APPLY TO ONE OR BOTH OF THE FOLLOWING
TWO YEAR FULL-TIME PROGRAMS:
- PGDM FINANCE (FINANCIAL ENGINEERING)
- PGDM RESEARCH & BUSINESS ANALYTICS
ELIGIBILITY CRITERIA
1. Minimum 60% in class X, XII and undergraduate degree.
2. Undergraduate degree from recognized university(10+2+3 or 10+2+4).
3. No arrears/ backlogs at the time of joining the program.
4. Preferable to have had Mathematics at Class XII level.
5. Scores from any of the following entrance exams - CAT/ GMAT/ XAT/ MAT/
CMAT/ ATMA.

APPLICATION DETAILS
Application form must be filled online at www.mse.ac.in 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.

[email protected] / www.mse.ac.in
THE MSE
ADVANTAGE
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
BOARD OF GOVERNORS
Founded by a number of leading academicians,
prominent industrialists and well-known financial
institutions, the school was registered as a charitable
society under the Tamil Nadu Act 27 (Societies
Registration Act – Government of India) of 1975 on Sri. C. Rangarajan, Economist,
September 23, 1993. former MP, 19th Governor of the
RBI

Dr. A. C. Muthiah , Industrialist Smt. Padmaja Chunduru, MD & Dr. M. Govind Rao, Member, Prof. R. Radhakrishna,
and cricket administrator, CEO, Indian Bank 14th Finance Commission & Chairman, Center for Economic
Chairman Emeritus, SPIC Ltd. Former Director, NIPFP and Social Studies

Sri. Sriram Viji DMD, Brakes Sri. M. Anandakrishnan, former Dr. Anandi Subramanium, Thiru. S. Krishnan, IAS
India Private Limited Chairman, IIT Kanpur, former Principal Advisor to Ministry of Finance Secretary Govt. of TN
VC, Anna University Environment, Forest & Climate
Change

Sri. R. A. Sankara Narayanan, Sri. Karnam Sekhar, MD & CEO, Dr. U. Sankar, Honorary Sri. Atul Gautam, MD & CEO,
MD & CEO, Canara Bank Indian Overseas Bank Professor, Madras School of Oriental Bank of Commerce
Economics

Sri G. Rajkiran Rai, CMD, Prof. A.P. Dash, Vice Chancellor, Sri Vinay Tonse, CGM, State Dr. K.R. Shanmugam, Director,
Union Bank of India Central University of Tamil Bank of India Madras School of Economics
Nadu
PROF. C. RANGARAJAN

"
Chairman, Madras School of Economics, Ex-Governor of RBI,
Chairman of PM’s Economic Advisory Council (2009-14)

A unique blend of
teaching and research!
MSE is not a general school. We focus on our core strengths
of economics and finance with the quantitative rigour of
analysis and the litmus test of practical application. Which is
why, our recent PGDM offering is sharply tailored to deliver on
Finance and Business Analytics.

At MSE, we create an environment for our students to not only

find their specific interests but also inspiration. After all, if we
are going to fulfill our dream of a 5 trillion economy in 5 years,
we need lots of inspired work!
PGDM @ THE
MADRAS SCHOOL OF ECONOMICS

Madras School of Economics (MSE) is one of the premier institutions in the

country for post-graduate teaching and research in Economics, Finance,
Environment, Management and Data Sciences,. Set up as a non-profit
institution, MSE was formed with a mandate to groom cohorts of qualified
professionals who would impact public policy and private industry of a vast,
growing country. The school is privileged to be led by the celebrated economist,
former Chairman of PM's Economic Advisory Council, former Governor of
Andhra Pradesh, former Governor of RBI and Padmavibhushan awardee, Prof.
Dr. C. Rangarajan.

MSE offers two two-year full-time programs - Master of Arts (MA) and Post
Graduate Diploma in Management (PGDM). The MA program has five
specializations, in General Economics, Financial Economics, Actuarial
Economics, Environmental Economics and Applied Quantitative Finance.
The PGDM program offer two specializations, in Research & Business
Analytics and Finance.

The dual emphasis at MSE on rigorous theory combined with practical real world
application ensures that MSE students are a class apart with functional skills that
are readily applicable in the professional world.
DR. K. R. SHANMUGAM

"
Director, Madras School of Economics

Creating professionals for the future!

In 25 years, MSE has emerged as a leading unique as we follow an analytical approach,
institution for teaching and research in built on the economics and finance legacy of
economics, finance, environment, business MSE.
analytics and management.
Our curriculum creates professionals well
In recent years, the use of Artificial trained in economic/ financial theories,
Intelligence, Data science and deep learning in programming, econometric software,
tandem has opened the doors to myriad quantitative techniques and tools and ready to
opportunities. According to an estimate, AI will deploy their skills in the real world with a well
create close to 2.3 million jobs by the year developed sense of social responsibility.
2020 in ML & Data Science.
MSE alumni through the years have been
There is a need to train more professionals placed well and proved themselves conduit to
who can adapt and drive these technology the fields including analytics, research, policy-
solutions with a strong economic and analytical making, banks, academic institutions and
foundation. MSE conceived of the PGDM NGOs.
program as a way to fill this need gap.
I welcome you to join this prestigious group of
The PGDM programme at MSE is students.
"
DR. SRIKANT P
Chairperson, PGDM

MSE offers post-graduate diploma courses equipping students with a rigorous

in management in Research and Business foundation that prepares them for a wide
Analytics and in Finance. MSE's unique range of advanced electives in financial
curriculum leverages MSE’s strengths as a engineering, markets, and corporate
top economics institution to create finance. Similarly, a strong first year
managers who are ready to excel in roles foundation in mathematical analysis, linear
involving an in-depth understanding of algebra, and probability and statistics
analytics and finance. The programme is intellectually equips our data science
suitable for students who are comfortable students to take electives in machine
with quantitative approaches, and have the learning, artificial intelligence, deep
motivation to put in the efforts to learning and reinforcement learning.
understand subjects thoroughly. Classes are taught by a combination of in-
house faculty and industry experts.
Our management students receive a Internships, guest lectures, workshops, and
thorough grounding in mathematics, live projects augment classroom rigour with
statistics and econometrics. They are well- multiple opportunities to understand how
trained in algorithms, programming in these techniques are used by industries in
Python, and the design of computer practice.
applications; and get hands-on experience
with statistical and modelling software such
as R, MATLAB and Stata. Our first year MSE has a centrally located, beautiful
finance curriculum covers financial markets, campus with a vibrant student life; and
corporate finance and financial offers excellent placement opportunities.
management over three terms,
RESEARCH FINANCE/
& BUSINESS FINANCIAL
ANALYTICS ENGINEERING
The specialization in Research The specialization in Finance
and Business Analytics offers includes in-depth theoretical and
electives such as machine empirical coursework in asset
learning, artificial intelligence, big pricing and corporate finance.
data, and domain specific Electives offered include
analytics courses such as medical stochastic calculus, derivatives
analytics and financial analytics, in pricing, computational techniques
order to cater to industry demand in finance and market
in such fast growing areas. microstructures.

Select Courses - RBA Select Courses - FIN

Domain-specific courses Domain-specific courses
Medical Analytics Asset Pricing
Financial Analytics Corporate Finance
Algorithms Sample Electives
Sample Electives Computational
Big Data Techniques in Finance
Machine Learning and Stochastic Calculus
Artificial Intelligence Market Microstructure
Derivatives Pricing
Financial Time Series

Careers for RBA grads Careers for FIN grads

Students with the RBA Students with the FIN

specialisation are ready for specialisation are ready for
careers as data scientists, careers in quantitative
business analysis and finance roles like
intelligence, management structuring, trading, and
reporting and control, data- risk management.
driven consulting and
policy formulation.
CURRICULUM
The MSE PGDM is designed to train students for
technically challenging jobs with financial institutions, Objectives of the
consulting services and analytical companies. They also
program
provide a unique combination of knowledge of complex
theories with rigorous exposure to the underlying Develop a strong
mathematical-statistical theories and practical financial foundation for inter-
modeling to enhance the ability of the students to meet disciplinary work
the demands of today's industry and companies
committed to data-driven decision-making. Experts from Combine course work
industry further enrich the student ability. from the areas of
Finance, Economics,
The two-year program is divided into six terms with class Management, Business
room instruction, and one term in the summer which Analytics and Data
consists of an internship in the industry. Both Research & Science
Business Analytics (RBA) as well as Financial Engineering
(FIN) undergo a similar first year, with a common syllabus Exposure to latest
in the first three terms. The focus is on learning trends in academics
foundational Mathematics, Microeconomics, and industry through
Macroeconomics, Stochastic Calculus, Accounting, projects and internship
Finance with an introduction to Programming, Algorithms
and Marketing.
First year Courses - Common for RBA & FIN

Term 1 Term 2 Term 3

111 Marketing Management 121 Macro Economics 131 Corporate Finance

112 Financial Management 122 Introduction to Programming 132 Advanced Macroeconomics

113 Strategic Management 123 Advanced Quantitative 133 Supply Chain Management
Methods And Applications
114 Quantitative Methods 134 Introduction to Financial
124 Operations Research Econometrics
115 Discrete Mathematics &
Graph theory 125 Finance - I 135 Database Management
Systems
116 Micro Economics 126 Financial Mathematics
136 Stochastic Process

264 Introduction to Organizational

Behaviour, Management & Human
Resources
Second year Courses - Research & Business Analytics

Term 4 Term 5 Term 6

241 Asset Pricing 251 Information Theory 261 Banking and Financial
242 Stochastic Calculus Services
242 Artificial Intelligence & 245DA Cryptography
Machine Learning 246DB Data Analytics 262 Advance Topics in Economics
245DC Approximation & and Finance
243F Pricing of Derivatives & Randomized Algorithms
Options 263D Reinforcement Learning
252 Game Theory
244F Advanced Analytical models 264DA Deep Learning
for decision-making 253D Machine Learning 264DB Organizational Behavior

245FA Financial Time series 254DA Artificial Neural Networks 265DA Computational Finance
Analysis 254DB Health Analytics II 265DB Mechanism Design
245FB Algorithms 265DC Health Analytics III
246FC Introduction to Financial 255DA Simulation Techniques in
Markets and Market Microstructure Finance 266DA Quantum Computing
255DB Graphical Methods 266DB Advanced Topics in Data
245DB Medical Analytics 255DC Pricing and Revenue Science
Optimization 267 Project Report
247 Multinational Enterprises
256DA Robotics
256DB Bioinformatics
256DC Human Resources

Second year Courses - Finance

Term 4 Term 5 Term 6

241 Asset Pricing 251 Stochastic Differential 261 Banking and Financial
Equations in Finance Services
242 Artificial Intelligence &
Machine Learning 252 Game Theory 262 Advance Topics in Economics
and Finance
243F Pricing of Derivatives & 253F Fixed Income Models
Options 263F Credit Risk Models
254FA Simulation Techniques in
244F Advanced Analytical models Finance 264F Computational Finance
for decision-making 254FB Advanced Asset Pricing
265FA Deep Learning
245FA Financial Time series 255FA Stochastic Calculus 265FB Statistical & Empirical
Analysis 255FB Numerical Methods in Methods in Finance
245FB Algorithms Finance 266FC Corporate Valuation/
246FC Introduction to Financial 255FC Pricing & Revenue Investment Banking
Markets and Market Microstructure Optimization
266FA Algorithmic & High
245DB Medical Analytics 256FA Risk Models Frequency Trading
256FB Stochastic Control in 266FB Advanced Topics in
Finance Financial Engineering
256FC International Business
246FA Taxation 267 Project Report
246FB Topics in Behavioural
Finance
246FC Introduction to Accounting
& Management
FACULTY
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

Visiting Faculty and Guest Lectures

Apart from the regular faculty, students enjoy the privilege of distinguished guest faculty from acclaimed
institutions as well as special lectures from industry stalwarts.
LECTURES & EVENTS
Some of the invited talks and endowment lectures that our students
had the opportunity to attend last year include -

Chris Arnold
Head of Product, Analysis & Modelling at Wells Fargo
Data Visualization

Dr. A. K. Pradeep
Founder & CEO, MachineVantage
Neuromarketing

Dr. Gautam Udupa

Research Director, Center for Advanced Financial Research and
Second year team winning the
Learning Accenture Case Challenge 2019
MSE silver jubilee year distinguished lecture

Dr. Rajiv Kumar

Vice Chairman, Niti Aayog
11th SAGE-MSE Endowment Lecture, "Towards $ 5 Trillion
Economy"

Dr. Pami Dua

Professor, Delhi School of Economics
Dr. R. Venkataraman Endowment Lecture

Our students also are privileged to attend the regular events

organized by the Chennai International Centre (CIC) at the MSE
campus. Past speakers list at www.cic.in. Ms. Pramad Jandhyala, Co-Founder &
Director, LatentView Analytics, delivering
a talk for the Friday Lecture Series

Students with Prof. C. Rangarajan, Chairman, MSE and former Governor, RBI Mr. Ajoy Krishnamurti, Chief Business
Officer, Crayon Data, delivering a talk for
the Friday Lecture Series
GLIMPSES FROM
THE CLASSROOM
RECRUITER
RELATIONSHIPS
AVERAGE STUDENTS PROFILE

Representing 10
Home states of the
States country

36% with some

Work
119
prior work Experience
Students
experience

Under 42% from tech/

Graduate science
Stream backgrounds
FROM OUR STUDENTS

The program is extremely well Why MSE? Going through the

designed and unlike the course curriculum which was
conventional MBA programs, very unique and fully data
offers a very quantitative and driven and learning the vision of
programming based approach. how the course was intended to
We are constantly motivated to progress, told me that I was on
think out of the box and come up the right track. I am happy that
with solutions to real life it is going exactly the same way
problems, preparing us to face now and we are exploring a lot Shashi Ranjan Mandal
Ishita Gupta
the industry and making us even PGDM Finance 2019-21
areas where Analytics can play PGDM RBA 2019-21
more practical in our approach. a big role.

I have always been curious

about the factors that affect The PGDM program at MSE is
the growth of an economy. well-crafted and has an array
Also, as an engineering of quantitative courses in
graduate, I wanted to solve the data science and finance. The
uncertainty that is prevalent in rigorous mathematical
our economy. I believe that foundation provided here and
Analytics gives you the the insistence on
opportunity to solve this kind programming fundamentals
Lilendar Rohidas PGDM
of problem. Therefore, I RBA 2019-21 is unparalleled. Rohith Krishna PGDM
choose to pursue PGDM at RBA 2019-21
MSE.

MSE offers the best when it Apart from the extensive

comes to Data Science and curriculum,we have a very
Analytics. The amalgamation good faculty who give broad
of different disciplines is well intuitions into real life
balanced. The faculty examples and the actual
members have vast experience concept behind what we use in
in specialized fields. Statistics our day to day life. This course
and Mathematics are the is widely directed towards
backbone of Financial applying the techniques we
Sri Rajitha Thattikota
Roopchand Parise learn and keeps alive our
Engineering and that is what PGDM Finance 2019-21
PGDM RBA 2019-21
makes MSE one of the best enthusiasm to learn.
Business Schools.

MSE offers a unique pedagogy I have always been inclined

combining elements of - towards finance. When I went
Computer science, Economics, through the curriculum of
Statistical analysis and MSE, it was perfect for me. The
Business management. This is overall course structure with
a rigorous course that trains added machine learning with
students on the core finance application provides a
fundamentals of Data Science. well-balanced and advanced
I could see immense value in curriculum to the program.
Akash Gupta Venkat Suman Panigrahi
choosing to pursue this course Moreover, the faculty are PGDM Finance 2019-21
PGDM RBA 2019-21
at MSE for a holistic learning great!
experience, as compared to
many other courses out there.
FROM OUR STUDENTS
.
Data science and analytics are With abundance of data flowing
not just fancy words but the in, the PGDM course at MSE is
need of the hour. This course equipping the students with all
attempts to bridge the gap the skills required to give them
between the old an edge in this field.
school and the neo management. From its fundamental courses in
It challenges students to test their mathematics, statistics and
potential every class. Teachers
Programming to its core courses
take due time and patience to
like machine learning and Arushi Bagga
teach students from the basics. Rai Pramanik
PGDM Finance 2018-20
robotics, this course really PGDM RBA 2018-20
hey take feedback and
stands out.
constructive criticism in moulding
the course for the better.

Got to learn programming and This course helps

interesting subjects like the students in providing the
algorithms, stochastic process, knowledge required to build
medical analytics, the analytical and
machine learning, etc.   programming skills to solve
Subjects are taught covering any kind of business
all fields which make your problems. This is a rigorous
fundamentals strong. Different course offered with the
projects and assignments are machine learning techniques,
given, which help us Vaibbhav Kalra big data, information Praneetha Chakka
understand how a Data PGDM RBA 2018-20 theory and robotics which are PGDM RBA 2018-20
Analyst should approach the the current trends in the
problem. industry.

The course curriculum played a The PGDM programme challenges

major role in my decision to join one's analytical and logical
MSE Business School. The thinking and builds a strong
moment you go through the foundation in programming and
curriculum you get an essence quantitative analysis. The course
of the hard work that must have is very application-oriented and
gone to design such a course. hands-on, making us ready for
What I like the most is the the job market. The campus has
unique blend of rigorous quant- good infrastructure and one's
Samrakshita
based courses and the more Aditya Kedar Tata calendar is occupied with co- PGDM RBA 2018-20
traditional management PGDM Finance 2019-21 curricular and extra curricular
subjects offered by our PGDM activities.
program.

"Being a graduate of Biology, I knew the far-reaching implications of data and the
impact of data science. MSE offered me the chance to step out of the traditional pigeon-hole and
gave me the support as well as the guidance to explore both Analytics and Financial Engineering. As
we specialize only in the second year, it gave me the opportunity to learn and grow in leaps and
bounds with courses such as Linear Algebra, and R programming.
I am truly privileged to have had the opportunity to study under the professors at MSE. Calling them
pioneers in their respective fields would be an understatement and it's amazing how they make sure
that no student is left behind. 
This course has opened new horizons and perspectives to my mind. Few institutes whole-heartedly
welcome students from diverse backgrounds and encourage them as they do at MSE. My experience Krishnapriya AS
in the PGDM course at MSE is what Oliver Wendell Holmes Jr describes as the effect of education : PGDM RBA 2018-20
 
“A man's mind, stretched by new ideas, may never return to its original dimensions.”
THE ADMISSIONS
PROCESS

IMPORTANT DATES

Last Date for Submission of Application: 30 APRIL 2020

First Shortlist: 15 MAY 2020

Payment of 1st Installment Fees (before): 27 MAY 2020

Second Shortlist: 30 MAY 2020

Payment of 1st Installment Fees (before): 19 JUNE 2020

Induction Program Starts: 20 JUNE 2020

Academic Session Commences: 20 JULY 2020
ADMISSIONS
Eligibility Criteria
1. Minimum 60% in class X, XII and undergraduate degree.
2. Undergraduate degree from recognized university(10+2+3 or 10+2+4).
3. No arrears/ backlogs at the time of joining the program.
4. Preferable to have had Mathematics at Class XII level.
5. Scores from any of the following entrance exams - CAT/ GMAT/ XAT/ MAT/ CMAT/ ATMA.

Eligibility Guidelines
Degree Completion: Candidates awaiting their final year undergraduate results/ degrees can apply, but
they need to produce a certificate from the Principal/ Head of the department/ Registrar/ Director of the
institution/ university certifying that the candidate is in the final year/ is awaiting results.
CGPA Calculation: The percentage obtained by the candidate in the bachelor’s degree would be based on
the practice followed by the institution/ university from where the candidate has obtained the degree. In
case of the candidate being awarded grades/ CGPA instead of marks, the equivalence would be based on
the equivalence certified by the institution/ university from where they have obtained the bachelor’s degree.
In case the institution/ university does not have any such scheme, the equivalence would be established by
MSE by dividing the CGPA by the maximum possible CGPA and multiplying the result by 100.
Subjects: If the percentage of marks awarded to the candidate at the degree level does not take into
account all the subjects, the candidate must produce a certificate from the Principal/ Head of the
department/ Registrar/ Director of the institution/ university certifying the same.
Integrated Programmes: For candidates who have passed out from an integrated programme after their
12th/HSC, the percentage of marks obtained as per their institute/ university norms applicable to bachelor’s
degree will be considered.

Application
Candidates can apply either online or offline. The online application form can be filled at
https://enrolonline.mastersofterp.in/?CollCode=MSE. Candidates can also download the application
form from www.mse.ac.in/pgdm, fill it offline, scan it and email it along with transcripts and fee receipts.
Scanned copy of transcripts of undergraduate degree, 10th, 12th class mark sheets, and standardized test
scores along with a copy of the latest resume should be emailed to [email protected] on or
before 30 April 2020.
NEFT Details
APPLICATION FEES: Candidates should pay an Beneficiary Name: MADRAS SCHOOL OF ECONOMICS
application fee of Rs. 1500 through NEFT and enter the Bank Name & Branch: Indian Overseas Bank, Gandhi
Nagar, Chennai.
transaction ID in their online application form. Those Bank Account Number: 163501000002345
applying for both the courses have to check the "both" IFSC Code: IOBA0001635
option in the application form. MICR Code: 600020120

While making the online fund transfer, please mention your name (e.g. Ram Kumar) in the transaction
remarks field. After making the online fund transfer please mail scanned/ printout of the payment details on
or before the deadline to [email protected].
Admission Criteria
The admissions committee determines the basis on which admissions decisions are made, taking into
consideration:
1. Prior academic performance
2. Work experience
3. Standardized test scores
4. Personal interviews
5. Any other factor deemed fit by the committee.

Interview Selection Procedure

1. Candidates will be shortlisted based on their performance in the standardized tests (both overall and
sectional cut-off scores).
2. The overall and sectional cut-offs for each entrance exam is decided by the admission committee, which
will meet after the application deadline.
3. Details of the examination cut-offs will be made available on the MSE website (www.mse.ac.in).
4. Candidates scoring on or above the overall and sectional cut-off will be called for personal interviews at
MSE.
5. Shortlisted candidates will receive call letters through letter/ email & SMS (registered mobile numbers
6. specified in the application).
7. Candidates will have to meet their own travel expenses for appearing in the interview session at the
MSE campus in Chennai.
8. Candidates have to give an undertaking at the time of the personal interview that they do not have more
9. than 2 arrears/backlogs.
10.No communication will be sent to applicants who are not shortlisted for personal interviews.

Personal Interview
The personal interview aims to assess the candidate’s overall suitability for MSE’s management
programme. MSE’s PGDM programme, and the roles it prepares students for, require strong quantitative,
critical reasoning, and communication skills. Topics for interview questions may include:
i. a candidate’s general awareness
ii. ability to apply concepts learnt
iii. purpose and clarity on the need to do a PGDM programme
iv. sports and extracurricular activities, leadership roles, entrepreneurial skills ability to cope with the
rigours of MSE’s PGDM programme.

Final Selection Process

Provisionally selected candidates will be offered admission through e-mail and over the telephone. A
candidate needs to confirm his acceptance of the admission, original certificates, and pay fees within 15
days. Failure to do so may lead to forfeiting the admission offer. Provisionally selected students who are in
the final year of their degree while applying for MSE have to submit their Degree certificates on or before
30th September 2020. The students will have to provide an undertaking that they do not have more than
two arrears, and if this is later found to be incorrect, they will be removed from the programme. MSE
reserves the right to rescind admission if any information provided in the application stage is found to be
incorrect.
Course Fee

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

Refund Policy
The refund policy of MSE for the PGDM programme is based on the guidelines of AICTE. Refund will be
made after deduction of the processing/ cancellation charges depending upon the time when the request is
made.

Particulars Amount, Rs.

Before the last date of the admission (19-06-2020) Entire fee less the processing charge of Rs.
1000/-

On or after commencement of induction Entire fee less the Seat Cancellation Charges on
programme, but before the start of the academic pro rata basis.For calculation of pro-rata basis, 1
session (20-6-2020 to 19-07-2020) month shall be treated as 1 unit. For example, if
the candidate withdraws two days after the start
of academic session the cancellation charges on
pro rata basis will be the amount of total fee/12 or
Rs.1000/-, whichever is higher

When the request is received on or after the start No refund, except caution deposit, shall be made
of the academic session (20-07-2020) and the institute
could not fill the seat
SOME FREQUENTLY
ASKED QUESTIONS
What are the documents that are required to be Is there any fee waiver or any special discount
submitted along with the online application? for students who are from financially backward
family? Are there any scholarships?
Profile picture, transcripts of mark sheets up to
highest degree, degree certificates, resume and a There are no scholarships or discounts currently.
signature file. However, once accepted, students in need may
approach the office for assistance in availing
Is there any loan facility available for funding educational loans.
the course expenditure?
What are the requirements related to class
Students often take educational loans to meet the attendance?
course expenditure. However, the school does not
have any direct tie-up with financial institutions. 75% mandatory attendance, failing which the
candidate will not be promoted to the next year/
Is there any reservation to OBC/SC/ST allowed to graduate.
candidates?
Do you provide accommodation for students
MSE follows reservation policies as per who join in PGDM?
the guidelines followed by Central Government
institutions. There are separate boys and girls hostels with
limited seats. Accomodation is on first-come-first-
What are the class schedules for this course? served basis. As the school is centrally located,
some students also live in paying guest facilities
Classes commence at 9.30 am and end by 5.30 pm near campus.
Monday - Friday. Special classes, workshops and
lectures are frequently organized on Saturdays. Are accommodation and mess charges
included in the programme fee?

I have 50% aggregate marks in graduation with No.

2 years of experience. Am I eligible to apply this
programme? Is there a summer internship at MSE ?

Admission into the program requires a minimum of Summer internship is a mandatory part of the
60% aggregate marks in all previous educational course.
levels.
Does MSE guarantee placements?
What are the infrastructural facilities available at
MSE? MSE has long-standing relationships with a large
pool of recruiters and a dedicated placement office
A well-stocked library, computer lab, air-conditioned to help students interview with relevant companies.
classrooms, hostel facility, students' canteen and However, it is up to the students to convert these
cafeteria, two large auditoriums, green open spaces opportunities into final job offers.
for community.
WE LOOK FORWARD TO
SEEING YOU.

Madras School of Economics

Gandhi Mandapam Road
Kottur, Chennai 600025.
Tamil Nadu, INDIA.

+91-44-2230-0304 (Mon-Fri, 10.30 am - 5 pm)

Dr. Gangadharan, 98406-86927
[email protected]
www.mse.ac.in

(C) 2019 MADRAS SCHOOL OF ECONOMICS