The M.S. in Finance program is designed to meet the varied needs of finance professionals in public and private sectors who wish to continue in their careers while pursuing an advanced study specializing in the area of financial economics. The main objective of the program is providing a thorough foundation in financial economics and enhancing the applied financial analysis and research skills by delivering state-of-the-art techniques and approaches. In addition, the program is an ideal preparation for participants who plan to pursue a Ph.D. degree in finance.

Curriculum

Students are first introduced to the general framework of financial theories and concepts in Corporate Finance, Financial Markets and Institutions, and Macroeconomics. Knowledge and skills acquired in the initial courses allow for advanced discussions in Investments, Financial Derivatives, Advanced Corporate Finance and Fixed Income. Finally, students apply their cumulative knowledge in case-oriented courses such as Bank Financial Management, Risk Management or Valuation and Corporate Restructuring.... [-]

Actuarial science is an interdisciplinary science that analyses the financial outcomes and risks of indefinite events in the future. It applies the use of mathematical, financial and statistical methods to assess, manage and form insurance plans for all kinds of risks (life, property, health, retirement) in the insurance, financial and business worlds.

The main purpose of this Master’s Degree course is to provide students with a sound theoretical basis to be able to pass these actuary exams, as well as to facilitate the careers of successful graduates in the finance and insurance fields at a national and international level. With its eclectic selection of course opportunities for students, the programme also aims to provide employment in the insurance sector, as well as those other sectors which deal with financial risk.... [-]

Financial Mathematics is the branch of applied mathematics concerned with the financial markets. It overlaps heavily with the fields of financial engineering and computational finance. Arguably, all three terms are synonymous. The subject naturally has a close relationship with the discipline of financial economics, but financial mathematics is narrower in scope and more abstract. A central difference is that while a financial economist might study the structural reasons why a company may have a certain share price, a mathematician or financial engineer may take the share price as a given, and attempt to use stochastic calculus to obtain the fair value of derivatives of the stock.

Financial Mathematics is a flourishing area of modern science. Its numerous applications have become vital to the day to day functioning of the world’s financial institutions. As a consequence, a solid command of the principles and techniques of quantitative finance is essential for a responsible approach to the trading, asset management, and risk control of complicated financial positions.... [-]

Recent global financial crisis has significantly changed the financial landscape while paving the way to question the current knowledge where financial markets and players operate and rely on. Increase in the diversity and the complexity of new financial instruments essentially requires a redesigned program equipped with recent techniques and knowledge that aims to meet the requirements of this new era. The Master`s program in Finance is now redesigned to respond this new era by contributing the program participants (academicians and finance professionals) who wish to have a theoretical and practical background for an efficient analysis and expert solution of the financial issues.

Supported by main finance courses, the program also presents a unique blend of courses such as corporate finance, bank financial management, quantitative methods in finance, insurance management, risk management, financial modeling, analysis for financial decision and performance, investment analysis and portfolio management and basic derivative products.Master in Finance program consists of core elements which ensure the students to participate actively in the learning process. Among them case studies, group work, term-papers, compulsory presentations before audience, building empirical models by using real data can be counted. The course participants are also expected to have a broad and analytical perspective to perceive and find out the problems both in their current tasks or prospective job opportunities.... [-]

Statistical Analysis is one of the basic means of the modern scientific thinking, together with stochastic modeling. Statistical techniques, because of the need of getting accurate and coherent results from the acquired data, are beneficial in many fields, such as business administration, economics, computer, medical sciences, actuary, and administration.

One of the factors behind the need of statistics science is both the theoretical and the practical nature of it. Applied statistics is frequently used by the researchers and administrators, in the process of interpreting and controlling the related stochastic phenomenon. Theoretical statistics presents new procedures with the help of advanced mathematical and calculating methods.... [-]