
MSc in Economics and Business Administration – Finance
Aarhus, Denmark
DURATION
2 Years
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
Request application deadline *
EARLIEST START DATE
Aug 2025
TUITION FEES
EUR 10,000 / per year **
STUDY FORMAT
On-Campus
* 15 January for non-EU citizens and 1 March for EU citizens
** for non-EU/EEA students only | EU/EEA students study for free
Introduction
Immerse Yourself in the Fascinating Diversity of Financial Markets
The Master’s degree program in finance is a comprehensive, research-based university education in finance with a strong focus on developing quantitative and analytical skills relevant to the financial industry. The Program introduces the students to state-of-the-art theoretical and empirical models of financial decision-making, asset and derivative pricing, financial institutions and intermediaries, and corporate finance.
Financial theory and asset pricing
Students will obtain a strong foundation in standard financial theory and learn how to apply both theoretical and empirical models to analyze financial assets such as stocks, bonds, and derivatives, as well as real assets such as investment projects within the firm. The objective is to equip the students with the ability to demine the fair prices of financial and real assets using relevant asset pricing models, identify the risk premia required by investors for bearing risk and discuss their sources, and characterize how investors and financial institutions trade off risk and return when forming optimal portfolios.
Financial institutions
Students are introduced to the different players in financial markets today and study their role in setting prices and allocating capital. Asset managers and intermediaries are central to the financial system. They provide liquidity to market participants, facilitate financial transactions and risk-sharing, and help ensure an optimal capital allocation between financial institutions, firms, and households. The students will learn about asset management in financial institutions and discuss the role, impact, and importance of asset managers and intermediaries for the financial system.
Admissions
Scholarships and Funding
Several scholarship options are available. Please visit the university website for more information.
Program Outcome
Analytical and quantitative skills
Students will be trained in relevant econometric methods needed to carry out empirical studies and implement both theoretical and empirical models in finance using real-world financial data. Being able to handle and work with data is becoming an essential and highly valued skill, and the use of real-world data is thus a natural component of many courses on the Program and used in exercises, exams and written projects. The use of programming languages is widely adopted in the industry as well, and the use of programming languages is therefore integrated into courses and exams when relevant.
The degree programme also provides an excellent basis for a subsequent PhD programme.
Program Tuition Fee
Career Opportunities
Upon graduation, students can take up positions in banks, investment companies, pension companies, regulatory bodies, consultancy firms, fintech, and finance departments in non-financial companies.
Program Admission Requirements
Show your commitment and readiness for Grad school by taking the GRE - the most broadly accepted exam for graduate programs internationally.