A new fluorescent, Hg 2+ selective chemosensor, 4-methylsulfanyl-2-[(pyren-4-ylmethylene)-amino] butyric acid methyl ester (L, MP) was synthesized by blending methionine with pyrene. It was well characterized by different analytical techniques, viz. 1 H NMR, 13 C NMR, QTOF mass spectra, elemental analysis, FTIR and UV–vis spectroscopy. The reaction of this ligand with Hg 2+ was studied by steady state and time-resolved fluorescence spectroscopy. The Hg 2+ complexation process was confirmed by comparing FTIR, UV–vis, thermal, QTOF mass spectra and 1 H NMR data of the product with that of the free ligand values. The composition (Hg 2+ :L=1:1) of the Hg 2+ complex in solution was evaluated by fluorescence titration method. Based on the chelation assisted fluorescence quenching, a highly sensitive spectrofluorometric method was developed for the determination of trace amounts of Hg 2+ in water. The ligand had an excitation and emission maxima at 360nm and 455nm, respectively. The fluorescence life times of the ligand and its Hg 2+ complex were 1.54ns and 0.72ns respectively. The binding constant of the ligand, L with Hg 2+ was calculated using Benesi–Hildebrand equation and was found to be 7.5630×10 4 . The linear range of the method was from 0 to 16μgL −1 with a detection limit of 0.056μgL −1 for Hg 2+ . The quantum yields of the ligand and its Hg 2+ complex were found to be 0.1206 and 0.0757 respectively. Both the ligand and its Hg 2+ complex have been studied computationally (Ab-initio, Hartree Fock method) to get their optimized structure and other related physical parameters, including bond lengths, bond angles, dipole moments, orbital interactions etc. The binding sites of the ligand to the Hg 2+ ion as obtained from the theoretical calculations were well supported by 1 H NMR titration. The interference of foreign ions was negligible. This method has been successfully applied to the determination of mercury(II) in industrial waste water.