Madras School of Economics (Institute of Special Importance) is an institution of higher education in economics, located in Chennai, India. Madras School of Economics was founded in 1993 as a post-graduate institution for teaching and research in economics. MSE offers a two-year Master's program in General Economics, Financial Economics, Applied Quantitative Finance, Actuarial Economics and Environmental economics affiliated to the Central University of Tamil Nadu, and a Ph.D. programme affiliated to the University of Madras. In April 2018, the AICTE approved Technical Institution started two P. G. Diploma Programs in Financial Engineering and Research & Business Analytics.