The Master's Programme in Finance prepares students for jobs in the world’s most selective companies in the financial industry.
Aalto University School of Business is the first business school in the Nordic countries to have received all three labels of excellence from the world’s leading business school accreditation bodies: AACSB, AMBA and EQUIS. This Triple Crown status is an honour held by only a few business schools worldwide.
The Finance programme provides a dynamic, demanding, but supportive learning-centered environment which prepares students for jobs in the world’s most selective companies in the fields of international banking, management consultancy, and related areas.
Students develop a solid scientific approach to financial problems. The programme encourages the development of the broader communication, teamwork, ethical, quantitative, and intercultural skills that students will need both in general management positions and as active citizens able to discuss the issues of the day.
The programme prepares some of the students for the world’s best doctoral programmes in Finance.
The students have the opportunity to tailor their degree by specialising in one of two areas of concentration: corporate finance or financial markets.
In the corporate finance area, students focus on such questions as analysing and choosing investment projects, mergers and acquisitions, agency theory, investment banking and obtaining funds from the primary markets, project and trade finance, and capital structure and dividend decisions. The corporate finance area prepares students for entry-level positions in e.g. investment or commercial banking, management consulting, or the finance and corporate planning functions of industrial firms.
In the financial markets area, students focus on issues such as the behavior and determinants of security prices, their implications on portfolio management, behavioral finance and investor psychology, venture capital, risk management, as well as pricing options, futures, and other derivatives. The financial markets area prepares students for entry-level positions in e.g. investment management and strategy, venture capital and private equity, and risk management.
After completing the Master’s Programme in Finance students have:
- a thorough understanding of the models and theories of corporate financing and investment decisions
- skills necessary to apply these ideas independently and analytically in working life
- knowledge of the features of the capital markets
The graduates are able to:
- analyse corporate risk factors quantitatively
- evaluate the value of e.g. derivative instruments using sophisticated evaluation tools
- apply financial tools to a number of situations both in strategic decision making of the firm (e.g. mergers and acquisitions) and in day-to-day management (e.g. portfolio and risk management)
- work in a world where financial services are global, significant to the economy, and in constant change
- adapt to a financial environment which is increasingly aware of system-wide risks, conflicts of interest, and regulatory challenges
The general management skills the programme aims to foster include:
- analytical skills, teamwork skills, and problem solving skills
- opportunity to consider challenging issues in business ethics and to develop international business communications skills at an advanced level
Finance students have an excellent placement record in the job market. Most Finance graduates find their first jobs in the financial industry, such as investment and commercial banks, brokerage firms, mutual fund companies, and insurance companies. Management consulting companies, industrial corporations, and public institutions are also important employers of Finance graduates.
Academic evaluation criteria of the Master's Programme in Finance is based on considering the following areas:
- GMAT/GRE test score. Note that this receives the most weight in selection (exact weightings are not disclosed).
- Academic achievement (considering absolute and relative performance, the type of degree and the reputation of the institution granting it).
- Motivational letter, preferably less than 300 words
- Video phone (e.g., Skype) interview for selected candidates
- It can be considered an advantage to have completed the basics of finance (discounting and present value, cost of capital, basics of asset pricing and portfolio theory, basics of financial institutions and financial markets). Students with little background in finance selected to the programme may be required to complete one or two B.Sc. level finance courses (such as Corporate Finance and/or Financial Markets and Institutions and/or Econometrics for Finance) during their first year of studies.
This school offers programs in:
Last updated June 21, 2016