The effects of the exponential space based heat source on quadratic convective flow of Casson fluid in a microchannel with an induced magnetic field is studied through a statistical approach. The flow is considered in vertical microchannel formed by two vertical plates. The solution for the governing equations has been obtained for the velocity, induced magnetic field and temperature field using Homotopy Perturbation Method (HPM). The current density, skin friction coefficient and Nusselt number expressions are also estimated. The impact of various physical parameters on the velocity, temperature, induced magnetic field, current density, skin friction coefficient and Nusselt number distributions have been discussed with the help of graphs. The results obtained by using HPM, are compared to those obtained by using the Runge-Kutta-Fehlberg 4-5 th order method and an excellent agreement is found. The impact of Casson fluid parameter and the exponential heat source is qualitatively agreed for all flow fields.