The MSc in Financial Engineering is an advanced programme designed to give you in-depth know-how of the main concepts of finance related to stocks, bonds, derivatives and alternative investments as well as the analytical tools used in the industry.
If you have a quantitative background or prior training in finance and seek an international career in financial engineering, this programme is for you. You will master how to structure, price and risk-manage financial instruments and learn the fundamentals of financial risk management.
With this degree in hand, you will be able to secure a career in market finance (sales, structuring and trading), in research, risk or portfolio management.
Location: Remote in July-August (self paced)
Nice Campus from September to May
Start Date: July 2022
Deadline to apply: 30-Jun-22
The Chartered Alternative Investment Analyst Association (CAIA) is a non-profit global organisation that seeks to improve investment and societal outcomes of capital allocation through professional education, transparency, and thought leadership across all investor alternatives. It gathers an elite group of more than 12,000 professionals worldwide.
July – May: academic courses / June onwards: work experience
♦ 18-month full-time programme: 1-year academic & 4-6-month internship/work placement
♦ Taught entirely in English
♦ A mix of foundation courses, core courses, electives & concentrations
♦ Talent Identification & Career Development (TI&CD)
♦ Master Project
♦ French Classes
♦ Asset Pricing
♦ Fixed Income and Derivatives Products
♦ Portfolio Management
♦ Quantitative Techniques in Finance
♦ C++ for Finance
♦ Continuous-Time Finance
♦ Big Data Applications for Financial Markets
♦ Macroeconomy, Investments and Financial Markets
♦ Monetary Policy & Central Banks' Watching
The personal and professional benefits of an internship are immense and long-lasting. Expanding your global contact network is no different. During your internships abroad you will develop valuable business relationships which will take your career goals to an international level. Many students find their jobs as a result of internships during their time at EDHEC.
The Master Project allows you to put acquired knowledge and skills into practice. If you prove your ability to perform high quality research, EDHEC faculty or members of its research centres may, working under their supervision, offer you the opportunity to deliver your Master Project in the form of applied research.
ALLIANZ, ALPHA, BANK OF AMERICA, BLOOMBERG, BNP PARIBAS, DEUTSCHE BANK,
GOLDMAN SACHS, MORGAN STANLEY, SOCIETE GENERALE, UNION SECURITIES.
"The EDHEC Master in Finance programmes have equal impact on skills and careers. They provide business relevant education for students who seek top-level positions within leading, global financial institutions. Thanks to their close ties with major financial industry players, the EDHEC-Risk Institute and Programme Corporate Partners, our programmes will help you become a leader in finance."
— Laurent DEVILLE, Director, Financial Economics Track
Our teaching methods are aimed to give you the core competencies necessary to compete in a complex and competitive business environment. You will learn to deepen your analytical thinking, develop practical skills, and design creative strategies for business success.
Our methodology includes:
♦ Core curriculum
♦ Blended learning
♦ Applied learning
♦ Personal performance coaching
Professor, Head of Faculty (Data Science, Economics and Finance)
Professor, Head of Faculty (Management and Humanities)
Business ethics, Political Philosophy
Associate Professor, Director Financial Economics Track
Associate Professor, Scientific Director of the EDHEC Augmented Law Institute
Professor, Co-Director of the Scientific Beta Advanced Factor & ESG Investing Research Chair
Professor, Director of EDHEC-Risk Institute
Professor, Researcher at EDHEC-Risk Institute
Associate Professor, Deputy Head (Accounting & Law EDHEC BBA)
Accounting, Management Control
Professor, Director of the PhD in Finance, Director of the MSc Risk & Finance
Professor, International Academic Affairs & Standards and Policies
SC Training & Consulting SARL
Michel Crouhy, PhD
Head of Research & Development
Mélanie Delvaux, MBA
Assistant Manager, Cross Border Tax/M&A
Deloitte SA Luxembourg
Dan Galai, PhD
ABE Gray Professor of Business Administration
The Hebrew University, Jerusalem
Georges Hübner, PhD
Co-Founder & Chief Scientific Officer
Gambit Financial Solutions
Georges Iatridis, PhD
Associate Professor of Accounting & Finance
University of Thessaly
François-Serge Lhabitant, PhD
CEO & CIO
Kedge Capital Fund Management Ltd
Sanjay Sharma, PhD
CRO, Global Arbitrage &Trading
RBC Capital Markets
Upon completion of this course, you will know the main statistical indicators to analyze empirical data and what a (random) variable is as well as the standard probability distributions. More specifically, you will be able to create appropriate graphs for statistical analysis, run or interpret confidence intervals, p-values, and linear regression models. You will also be able to write and test R code in a Jupyter notebook or R Studio, import and manipulate data from standard formats, use built-in R functions to perform basic statistics.
> THE DISCRETE-TIME CASE
The objective of the course is to provide students with state-of-the-art answers to two fundamental questions: how should we measure risk? How do we measure risk reward? The answers to these questions will include Arbitrage Pricing Theory (APT), utility functions, optimal consumption-saving decisions, and equilibrium asset pricing. Upon completion of this course, you will be able to implement arbitrage pricing methods and understand the economic drivers of equilibrium pricing using multifactor models as well as a thorough understanding of expected utility, Euler equations, and the consumption CAPM in discrete time
> THE CONTINUOUS TIME CASE
This is an advanced course in portfolio management. It addresses the usual financial issues like portfolio choice and asset pricing from the perspective of a long-term investor in the economy. A standing assumption is the realistic ability of traders/investors/consumers to rebalance frequently their portfolios. Horizon-dependent investment strategies emerge naturally together with multifactor asset pricing models. Upon completion of this course, you will understand how horizon tilts asset allocation and the implications for asset prices as well as solving dynamic portfolio choice problems and compute equilibria in dynamic economies.
Data Science for Finance Track
Investment Solutions Track
Our MSc students have the opportunity to apply for a study tour in London. The objective is to immerse them into a real professional and cultural environment in order to get acquainted with specific industry practices.
BOOST YOUR CAREER
Understanding and developing the attributes and skills employers require is key to employability. This is why the EDHEC Career Centre offers a programme specifically designed to help master’s students define and achieve their career goals ‒ the EDHEC Career Booster. The programme looks at students' specific needs, wants and goals in the context of their professional development and matches them to job-market requirements.
Eighty percent of our EDHEC Career Services for students are tailored to individual needs and career goals.
YOUR CAREER GOALS
Through a four-step programme, which includes self- and 360-degree assessment, you will get to know yourself better, identify your strengths, key attributes and areas for development, and define your career goals and job-search strategy. You will benefit from year-round individual career advice from dedicated counsellors, external experts and coaches, both on campus and remotely, as well as personalised coaching based on our in‑house assessment.
YOUR CAREER TRAINING
Through voluntary and mandatory career training, workshops, CV clinics and assessment centres, you will hone your skills and learn to master the most competitive recruitment processes. As an MSc student, you will benefit from customised training by industry, market and function, in addition to individual mock interviews, including technical interviews and case practice. EDHEC Career Centre also offers a fully online career development programme that allows you to train at your own pace, in line with your goals.
YOUR CAREER OPPORTUNITIES
EDHEC Career Centre organises more than 120 events annually, focusing on industry-specific insights or jobs, market trends and companies. It also organises four company trips to Dublin, London, Luxembourg and Paris. You will have access to exclusive internships and job offers.
List of services Career Centre provides:
Every year EDHEC Career Centre organises a number of events throughout the year to give its students an opportunity to learn about job and internship opportunities offered by companies, government agencies, and non-profit organizations where they might like to work with.
Learn more about the various events organised by the career centre department.
► Please Note: Applications are received and evaluated on a rolling basis until 30th of June 2022.
All of EDHEC's full-time MSc programs are accredited by the CEFDG at the Grade Master level. Enrolled students are eligible for a Temporary Resident Permit (or APS for Autorisation Provisoire de Séjour) at the end of the program.
We are looking for intellectual talent with a history of achieving high-level goals.
♦ 3-year bachelor degree minimum in a finance-related field (or equivalent).
♦ Strong GMAT or GRE or TAGE MAGE or CFA Level III or CAT* official test score report. (CAT* for Indian students only).
♦ Acceptable English proficiency tests/certificates (TOEFL, TOEIC or IELTS)
♦ Letter of motivation
♦ Academic transcripts
♦ 2 letters of recommendation
♦ Online interview to complete
► English native speakers or those holding a degree taught in English (minimum 3 years) are eligible for an English Test waiver.
The online service will enable you to apply for every Masters programme offered at EDHEC Business School - Master in Management (MiM) or Master of Science (MSc). Your application file will be processed by the Admissions Team and sent to the Selection Committee for appraisal. The Selection Committee takes place once a month in Fall and twice a month in Spring. You will be informed by email of the evolution of your file including the final decision.
♦ If you are a new user, you must create your account / Sign up.
♦ If you already have an account (candidate EDHEC student), please jump directly to step 5 by clicking on the "Apply online" button. It means you are already in the system, so there is no need to "create your account".
♦ After creating your own account you will receive a validation e-mail. Click on the link provided in this mail to activate your account.
♦ You will then receive a confirmation containing your personal login and password.
♦ Once you register or if you already have a valid EDHEC account, access the online-application form and enter your login.
♦ To avoid losing your information during your application, please do not refresh the current page or go back to the previous one without saving your application first.
♦ Your application may be done in several stages. The information entered each time will not be lost.
♦ Before going to the tab "Payment", please check that you have not forgotten any element of your application file and that all the information is correct. Further modifications will not be possible after payment has been made.
♦ Application fees must be paid online.
♦ After validation, your application will reach to the final stage and no reimbursement will be possible, even in the event of your withdrawal.
♦ If you encounter any technical problems during the completion of your online application, please send an email to: Contact_iol@edhec.edu
♦ Important Note: Please use only ONE email address to submit your Online Application and to communicate with the Admissions team.
EDHEC offers various scholarships & financial aids based on merit and financial need of the student. The French Ministry of Foreign and European Affairs also offers a large number of grants and scholarships. Lastly, students accepted to EDHEC are entitled to apply for private loans to cover the cost of their tuition fees.
The EIFFEL Scholarship offers financial support to high-achieving international candidates. It awards about €1200 per month. The scholarship is financed and managed by the French Ministry of Foreign Affairs and International Development
Who can apply:
Any students under 25-year-old with an excellence profile:
When is the deadline: Complete applications must be sent to EDHEC before 1st December
To note: EIFFEL and EDHEC scholarships cannot be combined.
EDHEC offers scholarships to support high-profile candidates based on the excellence of their academic profile, impressive experience and extracurricular activities. A request for financial aid must be made at the time of application via the Financial Aid & Scholarship Form.
Who can apply:
EDHEC scholarships are reserved for applicants with excellent profiles:
When is the deadline:
EDHEC scholarships are not cumulative
To apply for Women in Finance & Data Science Scholarship, students should be enrolled in a relevant undergraduate or graduate Degree programme in Data Science, Analytics, Computer Science, Statistics or Finance. They will need to submit an essay (1000-1500 words) along with their application demonstrating initiatives they have taken in the field of Data Science or Finance and what objectives they have been able to achieve in those sectors. They should also explain how the Master of their choice will contribute to their future career plan.
The scholarship covers 35 % of the tuition fees. The deadline to apply 31 March 2022.
for Indian Students
The Co-Financed Scholarship is a joint initiative of EDHEC Business School & Embassy of France in India. This scholarship is offered to two Indian students (2 scholarships of 50% for MiM Programmes) with an excellent academic background and clear career objectives.
Who can apply: Indian students who have been accepted into EDHEC's Master in Management programmes with high ranks from our selection committee.
When is the deadline: Students should complete their application file before 15th May and if accepted, must confirm their seats before 31st May.
for Russian Students
The Co-Financed Scholarship is a joint initiative of EDHEC Business School & Embassy of France in Russia. This scholarship is offered to the Russian citizens and to Russian students (1 scholarship of 100% for MSc programmes) graduated from Russian Universities with an excellent academic background, clear academic vison and career objectives.
Who can apply: Russian students who have been accepted with high ranks from our faculty in one of EDHEC’s 1-year MSc programmes.
When is the deadline: Students should complete their application file before 15th May and if accepted, must confirm their seats before 31st May..
French Embassies offer a number of scholarships which are available for excellent students from all over the world.
More information: Please contact the Cultural Service of the French Embassy in your country
Campus France is a French national agency for the promotion of higher education, international student services, and international mobility. Campus France manages CampusBourses, a grant search engine that is an essential tool for financing your education in France.
More information: CampusBourses the grant search engine
QS-EDHEC Scholarship is an exclusive scholarship to attendees of the QS World Grad School Tour. Scholarship value: 50% of tuition fees
Please follow this link to learn more about this scholarship.
UNITED STATES OF AMERICA
The Make an impact scholarship is open to Master in Management and Master of Science applicants.
Students who want to apply for the Make an impact scholarship will need to submit an essay of 1000-1500 words along with their application, detailing their career plan.
The essay should describe their prior experience, explain how the Master of their choice will contribute to their career plan and, their personal motives for making an impact on UN sustainable development goals throughout their career.
The scholarship covers 25% of tuition fees. The application deadline is 30 June 2022.
The International Students Office (ISO) assists students to settle in smoothly in France by organising orientation events and multicultural seminars to welcome international students to EDHEC Campuses in Lille and Nice. The team guides students with administrative procedures before their arrival and during their stay and answers all questions about French systems (medical and home insurances, banks, resident permits, etc.).
What are the deadlines to apply for the programmes?
Do you accept scanned documents?
Should the application file and the two recommendation letters be typed or written freehand?
Will the International Admissions’ team contact the referees to send the letters of recommendation?
Will my referees receive an automatic confirmation when they send the letters by email?
Will I have an interview with the Programme Manager?
How is the Online interview conducted?
Can I apply for more than one programme?
English proficiency test
What are the expected scores?
What is the EDHEC's institution code for the TOEFL?
Can I apply for a waiver?
► English native speakers or those holding a degree taught in English (minimum 3 years) are eligible for an English Test waiver.
What is the difference between the MIM and MSc?
Is there any help for students on campus regarding housing?
GRE and Tage Mage accepted. CAT also accepted for Indian students only.
What is the EDHEC's code for GMAT?
Is GMAT compulsory?
Why is GMAT compulsory for most of our programmes?
Can I add an unofficial GMAT score report to my application file?
EDHEC offers scholarships and financial aid to candidates with excellent profiles. External financial aid is also available to EDHEC applicants.
What is the EIFFEL Scholarship?
How does financial aid apply to the tuition fees?
What is the EDHEC Career Centre?
Complementary courses in French are offered to all international students enrolled in our MSc programmes. Our French classes cover all learning levels, from complete beginner to advanced study. The goal is to support your acculturation to French culture and give you the linguistic foundation—grammar, vocabulary, reading, writing and listening—to express yourself in the French language.