Test Centres

City Code City Code

Balasore : BLS Sambalpur : SBP
Brahmapur : BAM Delhi : DLH
Bhubaneswar : BBS Kolkata : KOL

(Applicants can opt for test centre from the above list and the corresponding code must be entered
in the appropriate column of the application form. However the Institute reserves the right to allot a
candidate to a centre other than those opted by him/her.)

INFORMATION BROCHURE
Important Dates:
Date of availability of application forms and prospectus : Wednesday, May 11, 2016 2016-17
Last date of availability of application forms and prospectus : Friday, June 10, 2016
Last date of receipt of completed application form : Friday, June 10, 2016
Date of entrance test : Wednesday, June 29, 2016

Application fee for both courses is ` 150/- (Rupees one hundred fifty only) for SC/ST
candidates and ` 250/- (Rupees two hundred fifty only) for other candidates.

B.Sc. (Hons.) in Mathematics and Computing

M.A/M.Sc. in Computational Finance

Institute of Mathematics and Applications

All correspondence to be addressed to (Government of Odisha)
BHUBANESWAR-751003
The Director
INSTITUTE OF MATHEMATICS AND APPLICATIONS
ANDHARUA, BHUBANESWAR - 751003
E-mail: admission.ima@gmail.com
Web site: http://www.iomaorissa.ac.in
Contact Number: 9437044369 (Admission-in-charge) / 9438532142 (Director)
Contents Vision
IMA at a Glance To generate, disseminate and preserve knowledge in Mathematical
Undergraduate Programme
Programmes Offered Science and related disciplines and to use this knowledge for
Undergraduate Programme promoting welfare of the people. B.Sc. (Hons.) in Mathematics and Computing
Master's Degree The Institute of Mathematics and Applications is offering a well designed programme B.Sc. (Hons.) in Mathematics and
Programme Computing in order to impart high quality education in Mathematics and Computing to those students who love
Application Procedure Mission mathematics and at the same time keeps a career option open in Computer Science. Besides a research career in
mathematics, there are varieties of other career options for the graduates of this programmes both in academics as well
Method of Selection 1. To be a Centre of Excellence in Mathematics and related
as in the corporate sector.
Campus Infrastructure areas by providing rigorous academic study and excitement of
Computer Laboratory discovery in an atmosphere of freedom. Students finishing B.Sc. (Hons.) in Mathematics and Computing from our Institute have joined in Masters Degree course
Library and integrated Ph.D. programmes in IISC, IITs, IMSC, ISI, CMI, TIFR, IISERs, NITs, ISM, Central / State and reputed
2. To create an environment and support for faculty and student foreign Universities.
Hostel
to work creatively and effectively for the betterment of society.
Test Centres
Important Dates Course Structure
First Year
First Semester Second Semester
IMA at a Glance Programmes 1. Calculus-I
1. Calculus-II
The Institute of Mathematics and Applications was established by the 2. Discrete Mathematics with Combinatorics
2. Probability Theory
Government of Odisha in the year 1999, vide the Resolution of the
Government of Odisha, Science and Technology Department letter Offered 3. Matrix Algebra
4. Number Theory
3. Differential Equations- I

no. 368-ST-I (SC) - 159/98 dated 31st May 1999 with wide ranging 4. CS-II (Design and Analysis of Algorithms +
aims and objectives as notified in the Gazette No. 18, July 23, 1999 / 1. Three year B.Sc. (Hons) in 5. CS-I (Introduction to Programming and Data Lab)
Structures + Lab)
SRAVANA, 1, 1921. In the last Seventeen years since its inception, Mathematics and Computing 5. Environmental Studies
consistent with its aims and objectives, it has been active in searching 6. Communication English
2. Two year M.A / M.Sc. in
and nurturing talents in mathematics by organizing training and Computational Finance Second Year
interactive camps for successful students in various mathematical Third Semester Fourth Semester
These courses are duly approved
Olympiad tests. Impressive activities of the Institute and its potential
by the Government of Odisha 1. Calculus-III 1. Differential Equations- II (PDE)
have persuaded the State Government to graciously lease to the
and have obtained affiliation of 2. Classical Geometry 2. Algebra I
Institute a piece of land measuring about twenty one acres on which
the Utkal University.
the TATA Steel Ltd. has constructed a campus for the Institute. 3. Statistics 3. Geometry (Geometry of curves and surfaces)
4. Mechanics 4. Elective- I
Governing Council Members 5. CS- III (Computer Organization and
Operating System)
5. CS- IV (Database Management System +
Lab)
Prof. M. S. Raghunathan, School of Mathematics, Tata Istitute of Fundamental Research, Mumbai - Chairman
Vice Chancellor, Utkal University, Bhubaneswar - Member 6. Cultural History of India
Commissioner-cum-Secretary to Government, Science & Technology Department - Member Third Year
Chairman or his Nominee, National Board of Higher Mathematics, - Member Fifth Semester Sixth Semester
Department of Atomic Energy, Govt. of India
Senior most Professor of Mathematics, Utkal University, Bhubaneswar - Member 1. Algebra II 1. Algebra III
Senior most Professor of Mathematics, Sambalpur University, Sambalpur - Member 2. Optimization and Linear Programming 2. Complex Analysis
Director, Institute of Physics, Bhubaneswar - Member
3. Analysis of One and Several Variables 3. Elective III ( or Numerical Analysis + Lab)
President, Orissa Mathematical Society - Member
Prof. R. Balasubramanium, Institute of Mathematical Sciences, Chennai - Member 4. Elective-II 4. CS-VI (Computer Networks)
Prof. P. C. Das, Retired Professor of Mathematics, IIT, Kanpur - Member 5. CS-V (Theory of Computation) 5. Project Work
Director, Institute of Mathematics and Applications, Bhubaneswar - Member Secretary
 List of Electives
1. Electrodynamics 10. Cryptography Course Structure
2. Thermodynamics and Statistical Physics 11. Bio-informatics The programme shall be of two years duration consisting six terms each term having at least sixty teaching days. The courses to
3. Quantum Mechanics 12. Advanced Statistics be taught are as follows:
4. Relativity and Gravitation 13. Mathematical Finance First Year Second Year
5. Astronomy 14. Algebraic Graph Theory Term 1 Term 4
6. Artificial Intelligence 15. Functional Analysis Course No. Course Title Course No. Course Title
7. Computer Graphics 16. Topology 111 Statistics and Probability 241 Numerical Solution of Differential
8. Mathematical Logic 17. Algebraic Geometry 112 Mathematical Foundation Equation
113 Microeconomic Theory 242 Computational Modeling of Financial
9. Coding Theory 18. Lie Algebras and Group Representations
114 Financial Instruments, Markets and Derivatives
Institutions 243 Elective-I
115 Accounting for Decision Making 244 Elective-II
116 Programming in C++ 245 Elective-III

Term 2 Term 5
Eligibility Course No. Course Title
Course No. Course Title
A candidate seeking admission to this programme should 121 Statistics Modeling 251 Credit Derivative Pricing Models
have passed Higher Secondary or equivalent examination 122 Corporate Finance 252 Monte Carlo Methods in Financial
with mathematics as a subject. 123 Portfolio Theory and Investment Analysis Engineering
124 Financial Derivatives 253 Elective-IV
Intake 254 Elective-V
125 Financial Modeling Using Excel
The maximum number of students to be admitted into the 255 Dissertation (Preparatory Part)
126 C++ Design Patterns for Financial
programme is 30 which include the number of students Derivatives Term 6
admitted under reserved categories as prescribed by the Course No. Course Title
Term 3
Govt. of Odisha and in vogue at the time of admission. 261 Dissertation and Viva
Course No. Course Title
Admission Fee and Course Fees 131 Fixed Income Security Analysis
a. 1st Year : Course fee ` 10,000/- 132 Actuarial Science-I
b. 2nd Year : Course fee ` 10,000/- 133 Financial Risk Management and
Measurement
c. 3rd Year : Course fee ` 10,000/-
134 Principles of Financial Engineering
(excluding hostel accommodation fees, mess fees and 135 Stochastic Process in Finance
other fees)

Courses for Electives I (243), II (244), IV (253) shall Eligibility

be chosen from the following:
A candidate seeking admission to this course should have
(GROUP-A)
passed Bachelors degree with Mathematics / Statistics as a
Master's Degree Programme A1.
A2.
Actuarial Science II
Quantitative Risk Management
core subject.
Intake
A3. Advanced Topics in Financial Derivatives
M.A./M.Sc. in Computational Finance The maximum number of students to be admitted into the
A4. Dynamic Asset Management
Finance as a subject has emerged to be an extremely involved branch of knowledge with growing number of stock programme is 30 which include the number of students
A5. Optimization in Finance
exchanges and investors in the field. Risk and return that constitute cardinal aspects of the subject remain as a major admitted under the reserved categories as prescribed by the
A6. Time Series Analysis and Forecasting
concern for every investor, individual as well as institutional. Volumes of data encountered in the process make Government of Odisha and in vogue at the time of
investment decisions difficult. In apparently erratic behaviors of the market mathematicians try to capture patterns vis- a- admission.
Courses for Electives III (245), V (254) shall be
vis predictability, which may help investors decide on their investment. Computational finance, otherwise called financial chosen from the following: Admission Fee and Course Fees
engineering, deals with portfolio selection, options and futures, asset pricing, managing derivative markets and hedging
(GROUP-B) 1st Year : Admission fee ` 30,000/-
under uncertainty. The course imparts, besides, basic grounding on finance, expertise in modeling under uncertainty, a Course fee ` 60,000/-
B1. Soft Computing Methods in Finance
high level of computational skill geared towards finance, knowledge of financial accounting and regulations. The aim is 2nd Year : Course fee ` 60,000/-
B2. Machine Learning with Financial Application
to produce a competent financial engineer capable of analyzing existing financial products and suggest new innovative (Excluding hostel accommodation fees, mess fees and other
products for the financial market. Leading Universities of USA and Europe have been offering such programmes in the B3. Objected Oriented Software Engineering.
fees)
recent years. It is a unique venture on the part of the Institute to offer this prized programme in India. B4. Data Mining Techniques
B5. Parallel Computing

Director, In-charge
Prof. U. B. Mohapatra
Director, Science & Technology Department,
Govt. of Odisha
Faculty
Dr. S. Sahoo
Ph.D. in Computer Science
Guest Faculty
Prof. S. Pattanayak
Ph.D. in Mathematics, Ex-Director, IMA
Prof. S. Padhy
Ph.D. in Mathematics, Former Director, IMA
Dr. S. K. Sahoo
Ph.D. in Mathematics, Former Registrar, IMA
Prof. M. N. Mishra, Ph.D. in Statistics
Prof. B. P. Acharya, Ph.D. in Mathematics
Prof. N. Parhi, Ph.D. in Mathematics
Prof. J. Sarangi, Ph.D. in Statistics
Prof. L. N. Sahoo, Ph.D. in Statistics
M. Q. Zaman, Retired Reader in Statistics
Prof. B. K. Nayak, Ph.D. in Mathematics
Dr. H. B. Pattanayak, Ph.D. in Mathematics
Prof. L. Maharana, Ph.D. in Physics
Prof. N. C. Kar, Ph.D. in Finance
Dr. A. K. Otta, Ph.D. in Mathematics
Dr. R. B. Das, Ph.D. in Mathematics
Dr. K. N. Senapati, Ph.D. in Mathematics
Dr. S. K. Behera, Ph.D. in Mathematics
Prof. A. K. Das, Professor in Computer Science
Dr. Ch. S. K. Dash, Ph.D. in Computer Science
Mr. P. K. Pattanayak, M.Tech in Computer Science
Mr. R. K. Mohanty, M.Tech in Computer Science
Mr. M. Hota, M.Tech in Computer Science & Engg.
Miss S. Pradhan, M.Tech in Computer Science
Ms S. Mishra, M.Sc. in Computational Finance
Mr. N. Das, M.Sc. in Computational Finance
Mr. A. N. Behera, Retired Reader in Commerce
Application Procedure
(a) Offline
Application form and prospectus can be collected
from Institute's counter from 10:30 A.M. to 4:30
P.M. in working days on payment of application
fee in cash or Bank Draft or downloaded from the
Institute website:
www.iomaorissa.ac.in/admissions.php
(b) Online
The application form can also be filled in by on
line mode. The detail instruction, to fill-up the
online form are given in the institution website:
www.iomaorissa.ac.in/admissions.php
The filled in application forms along with all other
relevant documents should be sent to The Director,
Institute of Mathematics and Applications,
Andharua, Bhubaneswar - 751003 by speed
post/in person so as to reach the institute on or
before June 10, 2016 (Friday).
Documents to be submitted along with the
Application Form:
The following documents are to be enclosed with
the application form.
Photo copy (self attested) of High School certificate
Photo copy (self attested) of High School Mark sheet
Photo copy (self attested) of Intermediate /Higher
Secondary certificate
Photo copy (self attested) of Intermediate /Higher
Secondary Mark sheet
Photo copy (self attested) of Graduation (B.A, B.Sc,
B.Com, B.Tech. etc.) certificates
Photo copy (self attested) of Graduation (B.A, B.Sc,
B.Com, B.Tech, etc.) Mark sheet
Photo copy (self attested) of caste certificate (If belong
to ST/SC)
Photo copy (self attested) of valid certificate (If belong to
Differently Abled Category)
Photo copy of the money receipt of application form
(Not applicable to down loaded/online application form)
Demand Draft of appropriate value (in original) in
favour of Director, IMA, Bhubaneswar and payable at
Bhubaneswar (Not applicable for direct purchased
application form)
Two self addressed envelopes
Two additional recent passport size photograph
Any other, please specify
Total number of documents attached
Method of Selection
Selection of candidates for admission into both B.Sc. and
M.Sc. courses shall be made on the basis of the entrance
test. The entrance test will be of two hour's duration.
Previous years question are available in the institute website
for reference.
Eligible candidates can appear in the entrance test.
Students appearing at the qualifying examination can also
appear in the entrance test. However if selected and
admitted to the course, they have to submit the results of the
qualifying examination at the time of admission.
Campus Infrastructure:
Located in Bhubaneswar, Institute of Mathematics and
Applications, integrated modern Wi-Fi Campus has a highly
functional design and strong rationale to every aspect of the
design. The serene environment provides a perfect setting
for a professionally rewarding educational experience.
Student activity areas such as a lounge and cafeteria,
spacious classrooms of varying seating capacities,
conference halls, faculty chamber, library are available.
Computer Laboratory:
The Institute has two well-equipped and furnished computer
laboratories that hosts servers and number of PC running
different operating systems. All of the systems are connected
to the Windows and Linux domains separately. The systems
are also configured to network laser printers, scanners and
other network devices.
Library:
The Library has more than 9500 references on
mathematical, financial, computational and related
subjects as well as professional journals, both national and
international. It collectively supports the teaching, research
and extension programmes of the Institute. All students,
faculty members and employees of the Institute are entitled
to Library facilities on taking library membership.
Hostel:
The Institute provides limited hostel facility to both boys and
girls separately. The excellent study environment and
sophisticated accommodation of the hostel with Wi-Fi
facility accelerates the research potential of the students.
Canteen facility inside the hostel premises is available for
students. Security personnel are alert round the clock and
incase of medical emergency, vehicle facility is also available.