Executive Programme in 
Algorithmic Trading - EPAT^®

Financial assistance provided to qualified applicants include but are not limited to the following:

• Merit based scholarship - QuantInsti offers scholarship to deserving candidates who score well in the test available here
• Student discounts - QuantInsti believes in investing in the future of tomorrow, the students of today. We have a discounted fee for full-time students.
• Participants from Emerging Markets - Special consideration is given to participants from Emerging Markets so that the programme is more affordable.
• Flexible Payment Plans - QuantInsti is partnered with financial institutes that provide education-related flexible payment plans to Indian resident participants.
• This programme has been accredited under the IBF Standards, and is eligible for funding under the IBF Standards Training Scheme (IBF-STS), subject to all eligibility criteria being met. A participant must successfully complete the EPAT programme (including passing all relevant assessments and examinations) in order to be eligible. Prospective participants are advised to assess the suitability of the programme and its relevance to participants’ business activities or job roles.
  IBF-STS provides upto 50% funding for direct training costs subject to a cap of S$ 3,000 per candidate per programme subject to all eligibility criteria being met. This is applicable to Singapore Citizens or Singapore Permanent Residents, physically based in Singapore. Find out more on www.ibf.org.sg
• Indian residents can avail of the rebate on the applicable fee of EPAT. The benefits can be availed by:
  • Direct Subsidy Benefits - Applicable to individuals with an annual income up to INR 2 million (Indian Rupees 20 lakhs) per annum
  • Employees of Public Sector Services/Enterprises (PSEs) & Stock/Commodity Exchanges and Regulatory bodies (SEBI, RBI, IRDA, etc), including retired employees from these enterprises.
  • Defence personnel (both current and ex-servicemen, including those served/serving under short service commission) & Medical professionals.
  • Full-time academia, including full-time students & full-time professors/lecturers.

Get in touch with our programme counselors here.

It is an online test comprising of college-level questions from relevant disciplines: Statistics, Financial Markets, Options, and Programming. For high scorers, a merit-based discount is applicable to their EPAT fees. You can take the test here. Please note, that you get only one attempt for the test.

It is a simple three step process:

1. Submit your application form here.
2. Wait for your application to get accepted.
3. Pay the fees.

Soon after the successful receipt of your EPAT fees & acceptance, you are given access to the learning management system (LMS portal) and your EPAT journey begins!

Before admission, we offer to facilitate a one-on-one counselling session that will focus on understanding the strengths and weaknesses of the participant. These sessions do not necessarily decide the participants’ eligibility but help counsellors assist them with informed guidance prior to enrolment.

We provide an opportunity to clear all your doubts about the programme prior to enrollment. Also, you get access to a dedicated team support even before your EPAT programme starts. Therefore, we follow a no refund policy.

Yes, you can apply. College students can benefit from EPAT by making themselves “more recruitable” with the required practical skills in the financial markets domain. EPAT alumni include college students who bagged good roles after successful completion of their college degree and EPAT.

Please note that while QuantInsti offers lifetime placement services to all EPAT alumni, it does not guarantee any placements.

QuantInsti offers student discounts to all full-time students, which can be availed by sharing the valid college ID proof and other required documents.

Send us your details by filling the application form here and we will arrange a counselling call for you.

Traders and financial market professionals who don’t have programming experience, can benefit & prepare themselves for their EPAT journey with the help of the primer content shared upon your successful enrollment. This is a self-study, interactive module which helps you code, understand basics and prepare yourself for the classroom sessions which cover advance and complex concepts as well. The primer module also contains a test which helps participants assess their learning.

Yes, you can apply. If you are from engineering or quantitative sciences background, you might already have some basic exposure to the skills required for Algorithmic trading domain. To check your eligibility in EPAT, apply for the scholarship test here. EPAT counsellors will get in touch with you and guide you further.

For beginners in Quantitative domain, EPAT offers primer modules on Statistics, Econometrics, Options, Financial markets, Excel computation and Python programming along with assessment tests in each of these categories.

Historically, we have been running 4 batches of EPAT in a year.

The updated dates and fees related information is available here.

Yes, you can attend the sessions on the go using the required apps on smartphones and tablets. But we recommend attending sessions on your laptop/desktop as most of the sessions are hands-on.

It is 100% online. You can opt for writing the exam at your nearby centre of our exam partner or remotely from home, given the pre-requisites are met.

In many ways:

• The curriculum is practice oriented. It is designed by practitioners who try to ensure that you learn the concepts really well from practitioner perspective.
• During practical sessions, the faculty would ask you to work along on your machine and might even quiz you in between and interact with you personally
• We believe in data, data, data. Almost every concept is discussed around data from financial markets.
• You would need to practice a lot on your own. This will be ensured through assignments which are open-ended and are individually graded.

No, you will not trade in live markets during the lecture hours or in the classroom sessions. However, you will be taught to paper trade and experts will share nuances that differ paper and live trading environment. When you take your strategies live and have doubts, as EPAT participant/alumni, you can get the required guidance from the faculty.

In many ways:

• During the lecture you get to interact with the faculty
• Post or before the lecture, you get to share your doubts and queries which will be resolved by the faculty
• During EPAT project work, you get to work under mentorship of a faculty member
• You can also interact with faculty through your support manager anytime!

• A dedicated Support Manager who will guide you for the entire period of six months. Your manager will resolve your doubts and keep you motivated and engaged in this new and demanding career path
• You will get advice and answers from the faculty members who are industry practitioners
• You get career assistance from the career team, you will get help in building your resume, career counselling and more. You will start receiving job postings from the very first month
• We will share with you additional links & content to further enhance your learning
• Dedicated alumni cell is available post completion to help them grow in the algo domain and network with fellow alumnus
• Life long access to updated lecture notes and videos after you complete EPAT course successfully.

QuantInsti provides you with two books to be referred to during the programme.

• Trading and Exchanges: Market Microstructure for Practitioners - Larry Harris
• Algorithmic Trading: Winning Strategies and Their Rationale - Dr. Ernest P. Chan (Also a faculty member)

Before starting EPAT, we provide primer modules to give you a head start and familiarize you with basics concepts and tools used during the programme. We also share additional links & content to further enhance your learning.

The total duration of the course is 6 months. It comprises of 4 parts:

• Live Lectures
• Test & Assignments
• Live Project (optional)
• Final Examination

Each lecture would ideally be of around 3 hours in duration, with two lectures in a week. The lectures take place over the weekends. To receive the detailed curriculum, please do write to us at sales@quantinsti.com.

EPAT Exams are conducted at the Prometric centres globally. Every year, there are four exam windows/weeks, during which you can schedule your own exam based on the availability of the slot at the nearest Prometric centre in your country. You may also write exam using the Remote proctoring basis availability.

Your account manager will help you with the details. Just share your city, country and the postal code with your account manager and (s)he will share the nearest centre. Also, with every batch, new centres are added, hence, you should check for the exam centre for the upcoming exams only.

We understand your concern and respect the efforts that you put to learn. So, we may provide you with a chance for re-attempting the exam. You can check with your support manager for detailed process. Re-scheduling charges may be applicable for the scheduling the exam beyond your batch exam window.

One month prior to the exam, you will get an email from the Support team, explaining the process for scheduling your exam. Additionally, you may call your support manager who will guide you to schedule your exam.

Short answer: No. We give placement assistance to all interested participants and alumni and try our best to find the appropriate match, however we don't guarantee getting a job, as it depends on many factors including but not limited to participants’ skillsets, past experience, performance in interview among others.

We do have placement partner firms in various parts of the world. We see most opportunities coming from US, India, Singapore, and Hong Kong.

QuantInsti strives to bring all possible roles in Algorithmic Trading to our participants. Some of these profiles include:

• Developer
• Quant Analyst
• Quant Researcher
• Trader
• Strategist

You can read more about this here.

Knowing programming languages and coding is required for backtesting & automating your strategies hence candidates from coding background have an advantage. Companies are on a lookout for candidates with exposure to technology and finance both.The most suitable profile for them is a Quant Developer or Coder, however they can explore other roles as well.

Yes, we get internship, full-time employment, & freelancing opportunities from our partnered firms.

We see a few candidates placed almost every month. Some of these details are shared in our monthly newsletters. Please do write to us at sales@quantinsti.com if you want more information.

Job opportunities and offers depend on a number of factors such as educational background, Graduate/Post Graduate College/University, Certifications/Internships/Projects, past work experience, etc. Companies are generally looking for someone who has exposure to Tech & Finance background both.

Some examples of recent job opportunities & salary packages that we have shared with our participants through QuantInsti’s career cell are

• Quant Trader: Up to INR 2.5 million per annum + PNL/ Performance Bonus,
• HFT Trader: Up to INR 2.5 million per annum + PNL/ Performance Bonus,
• Data Scientist: Up to INR 2 million per annum,
• Quant Research Analyst: Up to INR 2.5 million per annum,
• Quantitative Trader: Up to USD 200,000 per annum + PNL Bonus,
• Quantitative Research: Up to USD 80,000 per annum,
• Quantitative Developer: Up to USD 100,000 per annum

We are currently partnered with 300+ companies, that includes Algo trading/HFT firms, investment banks, trading and brokerage houses, consulting companies. A partial list is available here.

It is located in India. The complete address is A-309, Boomerang, Chandivali Farm Road, Powai, Mumbai – 400 072.

QuantInsti^® was founded by Algorithmic & High Frequency Traders and Experts, who also founded iRage, a leading HFT firm in Asia. On the advisory board is Dr. Ernest P. Chan, a practitioner and academician, globally renowned in his domain. The dedicated team of traders, trainers, developers and renowned expert faculty members from all across the world run the show currently. Know more here.

Yes, EPAT is accredited by The Institute of Banking and Finance (IBF, Singapore) under the IBF Standards. This is applicable to Singapore Citizens or Singapore Permanent Residents, physically based in Singapore.

EPAT is accredited by IBF-STS.

This programme has been accredited under the IBF Standards, and is eligible for funding under the IBF Standards Training Scheme (IBF-STS), subject to all eligibility criteria being met. A participant must successfully complete the EPAT programme (including passing all relevant assessments and examinations) in order to be eligible. Prospective participants are advised to assess the suitability of the programme and its relevance to participants’ business activities or job roles.

IBF-STS provides upto 50% funding for direct training costs subject to a cap of S$ 3,000 per candidate per programme subject to all eligibility criteria being met. This is applicable to Singapore Citizens or Singapore Permanent Residents, physically based in Singapore.

Find out more on www.ibf.org.sg.

1. You need to be a Singapore Citizen or Permanent Resident, physically based in Singapore
2. You must successfully complete the EPAT programme (including passing all relevant assessments and examinations) in order to be eligible
3. You must attend at least 75% of the training

For more details, please book a call with counsellor.

Singapore Citizens or Singapore Permanent Residents, physically based in Singapore are eligible for STS funding, given they meet the defined criteria. Find out more on www.ibf.org.sg.

No, you cannot claim any other grant if you are claiming this subsidy from IBF. You should not be claiming for any other grants, subsidies, or tax concessions, provided either by the Financial Sector Development Fund (FSDF) and/or Singapore government agencies, unless explicitly permitted.

Batch deferment and self-study is not allowed for participants applying for grants from IBF-STS. You need to complete the programme by writing examinations being conducted with your batch.

As per the process, you need to confirm your application for the IBF-STS grant before you enroll into the programme, as the same needs to be communicated to the IBF-STS team at the time of batch registration.

The grant would be rejected, if you fail to meet the 50% score criterion. In which case, you would be required to pay the balance amount.

The programme works on a Nett fee model, i.e. you need to pay only the difference between the fee, and the funding amount at the time of enrollment. QuantInsti will claim the funding amount from IBF-STS on completion of the programme. In case you fail to complete the programme with the required score in programme, or if the claim raised by QuantInsti is rejected by IBF, then you are liable to pay the funding amount to QuantInsti.