India

You can apply for TNSET. Candidates who have secured at least 55% of marks (without rounding off) for General/OBC (belonging to Creamy Layer) Category and 50% for OBC (belonging to Non Creamy Layer)/ SC, ST, Persons with Disability (PwD-VI/HI/PH), in Masters Degree or equivalent exam from Universities/Institutions recognised by UGC New Delhi, in subjects like Sciences, Humanities (including languages), Social Sciences, Computer Science & Applications, Electronic Sciences, Library & Information Science, are eligible to appear for this examination. Candidates who have appeared or will be appearing at the Master Degree (final year) exam and whose result is still awaited or candidates whose qualifying examinations have been delayed may also appear for this exam.

After a Masters in Quantitative Finance, you could pursue a career in the following areas:
A front office or desk quant interacts with traders directly, and gives trading books an edge through different methods such as time-series analysis, and discovery of predictors/indicators. The objective is to determine prices, manage risk, and identify profitable opportunities. Algorithmic trading or structuring desks in the sales and trading divisions of banks. As an algorithmic trader you would develop trading strategies that exploit the inefficiencies in the market to create wealth, while an algorithmic structure typically builds the computational tools to model these trades. In portfolio analytics and risk management you would design the mathematical tools to construct optimal portfolios and manage their risks. Risk management has grown in importance in recent years, as the credit crisis exposed holes in the mechanisms used to ensure that positions were correctly hedged. A quantitative developer. You would develop robust and scalable implementations for the quantitative models that are created by the research guys. A model validation quant independently implements pricing models in order to check that models are correct. If you want to get into developing new quantitative models, then you will need a Ph.D. to break in JBIMS M.Sc. Finance programme-Best M.Sc. Finance programme in India
SVKM'S NMIMS, Mumbai
Gokhale Institute of Politics and Economics, Pune.