Master in Finance: M1 + M2 tracks (FIT, FIRE, Corporate Finance + Double Degrees in Finance (FIRE and Corporate Finance)

A way to find out more about our School

Are you looking for a career to provide you with the skills and knowledge to effectively manage finances?

Do you wish to become a financial expert upon graduation?

TSM offers to you a unique academic approach through the Master in Finance programme to comprehend the conceptual foundations and analytical methods in finance.

To build an intuitive understanding of finance to better communicate with key stakeholders and grow your career. Interact and engage with like-minded peers from around the globe. Join this programme of excellence that is EFMD-accredited.

An EFMD-accredited programme

Only 10 Masters in Finance are EFMD-accredited worldwide.

Students who graduated from this EFMD-accredited programme or are about to join are assured of the best international standards in terms of training and recognition on the job market.

The EFMD accreditation is the most thorough programme accreditation system for business and management programmes that have an international perspective. It covers all facets of program provision: from its institutional, national and international environment, through its design, delivery, outcomes, and impacts, to its quality assurance processes. It particularly emphasizes academic rigor, practical relevance, internationalization, ethics, and sustainability.

What to expect?

The Master in Finance is a two-year programme:

• the first year covers the foundations of finance,
• second year: choice of tracks,
• students also have the opportunity to get a double degree with our partner HEC Liège.

Choice of tracks in Master 2

M2 Financial Market and Risk Evaluation

The Master “Financial Market and Risk Evaluation” (FiRE) offers theoretical and practical insights on financial markets. Students pursuing the Financial Market and Risk Evaluation track will also learn to:

• Use modeling and computational tools to price financial assets ;
• Understand the functioning of financial markets ;
• Identify and manage operational and financial risks.

M2 Corporate Finance

The Master in "Corporate Finance" aims at providing students with the skills required to analyze and manage corporate financial structure. Students pursuing the Corporate Finance track will learn to:

• Apply financial analysis and corporate valuation methods;
• Plan and manage strategic financing;
• Identify and manage operational and financial risks.

M2 Finance and Information Technology

The Master in “Finance and Information Technology” (FIT) provides students with skills in both finance and financial IT. Students pursuing the Finance and Information Technology track will learn to:

• Analyze and exploit big data to extract information to make financial decisions;
• Implement and upgrade business processes that collect information to support the company’s decisions;
• Design and implement business intelligence systems applied to financial contexts.

M2 Financial Market and Risk Evaluation: double degree with HEC Liège, Belgium

The double degree Financial markets and Risk Evaluation (DU - FiRE) is a degree of excellence that gives a double competence in market finance and banking.

• It aims at training financial professionals as financial analysts, fund and asset managers, consultants, and financial market professionals.
• It gives access to the Master of Banking and Asset Management of HEC Management School - University of Liège (ULiège) in Belgium - and the corresponding degree, in addition to the EPAS-accredited Master Financial Markets and Risk Evaluation of TSM.
• Students who enroll in this program spend the first two semesters at TSM and the third and fourth semesters at HEC Liège.

M2 Corporate Finance: double degree with HEC Liège, Belgium

The double degree «Corporate Finance» (DU - CF) is a degree of excellence that gives a double competence in corporate finance and banking.

• This program gives access to the Master of Banking and Asset Management of HEC Management School - University of Liège (ULiège) in Belgium - and the corresponding degree, in addition to the EPAS-accredited Master Corporate Finance of TSM.
• Students who enroll in this program spend the first two semesters at TSM and the third and fourth semesters at HEC Liège.

On completion of the degree, you will be able to:

• Know the basic institutional and regulatory framework of finance in organizations and markets;
• Understand the conceptual foundations and analytical methods in finance;
• Apply analytical methods in finance to solve practical problems encountered by corporations, financial institutions, and markets;
• Critically assess the drivers of contemporary financial issues;
• Incorporate ethical dimension and implications for sustainability in financial decisions;
• Communicate effectively in oral and written form;
• Solve complex problems.

Semester 1

• UE 01 - Foundations of asset pricing
• UE 02 - Introduction to corporate valuation
• UE 03-1 - Mathematics for finance and insurance (Introduction to optimization for finance and insurance)
• UE 03-2 - Mathematics for finance and insurance (Introduction to probability for finance and insurance)
• UE 04 - Business economics
• UE 05 - Introduction to financial accounting and reporting
• UE 06 - Initiation to research

Semester 2

• UE 07-1 - Financial markets (Introduction to derivatives)
• UE 07-2 - Financial markets (Organization of financial markets and fixed income)
• UE 08 - Principles of corporate finance
• UE 09 - Econometrics
• UE 10-1 - Introduction to Information Technology for Finance (Programming for Finance)
• UE 10-2 - Introduction to Information Technology for Finance (Excel for finance)
• UE 10-3 - Introduction to Information Technology for Finance (Database management)
• UE 11 - Group project
• UE 12 - Professional Development Workshop
• UE 13 - Internship

Semester 3 & 4 at HEC Liege

• Business Ethics and CSR
• Master Thesis Methodology
• Seminar on Sustainability and Smart Territories
• Foreign Language
• Fund Industry
• Estate and Financial Planning
• Financial Risk Management
• International Finance

One course «Finance» to choose among:

• Ethics, Regulation, and Compliance in Finance
• Comptabilité approfondie et fiscalité
• Diagnostics approfondis de l’entreprise
• Empirical Methods in Financial Markets
• Financial Data Modeling and Analysis
• Financial Risk Modeling

One course «Finance» to choose among:

• Strategic Marketing Seminar
• International Management Seminar

Mandatory:

• Thesis
• Internship

Career

Fields of expertise:

• Risk analysis
• Brokerage
• Asset management
• Trading
• Middle office
• Design of structured products
• Private equity
• Consulting
• Financial analyst
• Financial controller
• Corporate business manager in a banking institution
• Merger-acquisitions specialist
• Investments manager
• Research manager
• Consultant
• Asset manager