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Hello Arjun,
The financial markets in India have seen a tremendous growth in the last decade, with the growth has come increased complexity and the need for adequately trained professionals. The Indian Institute of Quantitative Finance was set up to bridge the gap between demand and supply. The need for properly trained professionals was felt even more acutely in highly specialized areas of investment banking like quantitative finance and risk management. There were no specialized courses being offered in these domains by the Business Schools and the industry has been facing a huge shortage. The Indian Institute of Quantitative Finance was founded in 2006 by leading finance professionals and entrepreneurs with extensive global experience and expertise in specialized Quantitative Finance and Risk Management domains and educational background from the best of global institutions. The institute conducts specialized courses in the fields of Quantitative Finance, Financial Risk Management and Advanced Financial Modelling Techniques with an aim to produce adequately trained manpower as required by the industry.
Hope that helps.

IIQF, is an institute that offers specialized courses in finance and financial analytics that were earlier not available in any of the top level business schools in India. It is established as a center of learning in the field of Quantitative Finance and Financial Engineering. It is the first institute of its kind in India that exclusively focuses on this extremely specialized field. The courses aim to equip professionals for careers that require sophisticated technical skills in quantitative analysis, financial research, risk management, quantitative asset management, financial derivatives structuring and algorithmic trading. IIQF was founded by leading industry practioners with an aim to bridge the huge gap that exists between the industry and academia by bringing real world practical domain knowledge and expertise to education.