The MSc in Financial Markets 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 markets, 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: Nice Campus
Start Date: Early Sept-20
Deadline to apply: 30-Jun-20
GARP The Financial Risk Manager professional certification, a key differentiator in the job market!
With increasing global demand for graduates with risk management skills has inspired, EDHEC to partner with GARP, the Global Association of Risk Professionals, to create an academically rigorous risk management education. The GARP partnership is a key differentiator in the job market and aims to better prepare students to succeed in the challenging field of risk management.
The curriculum of the MSc in Financial Markets and the MSc in Risk & Finance prepares students for the Part I exam of the Financial Risk Manager (FRM) professional certification. The Financial Risk Manager designation is the only globally recognised standard for risk professionals.
Part I exam of the FRM covers the tools used to assess:
GARP, the Global Association of Risk Professionals is the leading association for the risk management profession globally. Find out more about GARP and the Financial Risk Manager (FRM) certification.
Sept – May: academic courses / June onwards: work experience
♦ 1-year full-time programme taught in English
♦ +10 core courses, 2 Seminars, 2 concentrations, Data Science for Finance certificate
♦ Talent Identification & Career Development (TI&CD)
♦ 3-6 month internship / work placement
♦ 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.
"The EDHEC Master in Financial Economics 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 Business Ethics, Philosophy
Associate Professor Finance
Professor - Head of Faculty (Law) Business Ethics, Law
Professor - Director of the EDHEC Financial Analysis and Accounting Research Centre - Academic Director of MSc Financial Management in European Apprenticeship Track
Associate Professor Finance
Professor - Head of Faculty (Finance) - Director Ph.D. in Finance Program Finance
Professor - Director of EDHEC-Risk Institute - Senior Scientific Advisor ERI Scientific Beta Finance
Associate Professor - Coordinator for Marketing Courses, EDHEC BBA Marketing
Affiliate Professor Finance
Research Associate & Director - Global MBA
Associate Professor Accounting
Associate Professor Finance
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
♦ Alternative investments
Characteristics of alternative investments from an asset allocation perspective (focus on hedge funds and commodity trading advisors); long/short equity strategies and other strategies; trades, main risks, and quantitative tools for alternative investment analysis.
♦Regulation and innovation in Asset management
Modern portfolio management; optimal asset allocation; portfolio construction; technical challenges; estimates of risk and expected returns; inclusion of alternative asset classes and investment styles; statistical benchmarks.
♦ Investment solutions
From investment products to investment solutions: benchmarks improvements, liability-driven strategies, risk-controlled and life-cycle investments.
♦ Efficient equity investing: advanced methods for active and passive money management
Detailed introduction to the modern approach to equity portfolio management.
♦ Private equity
Overview of the financing of the creation, development, growth, transmission and eventually restructuring of a company thanks to the private equity toolbox.
♦ Tactical asset allocation
Methodological foundations and tactical asset allocation strategies.
♦ Banking and financial markets regulation
Focus on the requirements imposed to entities that are active in these fields such as asset managers, market makers, market operators, issuers and banking institutions.
♦ Treasury risk management
Study areas include the role and organization of treasury operations as well as practical challenges of measuring and managing currency and interest rate risks faced by banks and multinational corporations when investing or raising capital in foreign countries.
♦ Market risk measurement
Introduction to market risk: volatility, risk factors, and shortfalls. Managing and measuring risks of financial portfolios.
♦ Structured products
Structured products are investment vehicles combining vanilla and exotic derivatives to form sophisticated products on different assets classes: equities, currencies, commodities or interest rates.
♦ Trading in practice
Real trading situations in commodities, derivatives or other financial securities; sessions are conducted by professional traders in our trading room.
How to benefit from cultural diversity to solve business challenges, foster innovative thinking and improve team performance.
Programming for Finance with VBA and R
The seminar is designed to teach you how to leverage the advanced facilities of Excel that are commonly used in corporate finance/capital markets. It then introduces you to the use of Visual Basic for Applications (VBA) to create very robust and powerful spreadsheets.
Ethics and Finance
Because ethics plays a vital role in guiding the formation of law and regulation in areas not governed by law and regulation, this seminar addresses the ethical challenges in finance. It intends to raise your awareness of the relevance of ethical norms for professionals in finance. The Ethics and Finance seminar also delivers helpful background knowledge for people who prepare the CFA (Charted Financial Analyst) exam.
Preparing yourself for learning with cases
This seminar will enable you to understand the relevance of the case study methodology both in classwork and future recruitment scenarios. It teaches the theory and enables students to practice one or more case studies.
Remedial in Mathematics: Foundation of Mathematics for Finance
This seminar will bring you up to speed on elementary calculus and linear algebra for financial applications.
EDHEC Career Centre helps you to master your career plan.
A dedicated team organises numerous training and recruitment events, on- and off-campus, to prepare you for challenging international recruitment processes and to help you network with potential employers.
The EDHEC Career Centre is a one-stop-shop for career development. It offers an integrated career programme designed for you to define and achieve your career goals: the Talent Identification & Career Development (TI&CD) programme.
Fine-tune your career plan. The Career Centre helps you design your job-search strategy and assess your recent work experience and managerial competencies. The TI&CD programme, unique in Europe, evaluates and assesses your strengths and areas of improvement based on 8 managerial competencies defined by international recruiters. The TI&CD is a real career booster enabling EDHEC students to assess and hone their managerial competencies to be particularly efficient in their first job.
List of services Career Center 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 2020.
The MSc in Financial Markets degree is a level 7 qualification (BAC +5) jointly awarded by the French State which confers the Grade Master.
COVID-19: access our adapted admissions procedure
We are looking for intellectual talent with a history of achieving high-level goals.
♦ 4-year bachelor degree in a finance (or accounting) related field (or equivalent).
♦ GMAT ≥ 650 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)
► English native speakers or those holding a degree taught in English (minimum 3 years) are eligible for an English Test waiver.
Admission to the EDHEC Master programmes is highly selective. Normal entrance requirements include: a Bachelor’s degree (or equivalent) from an accredited school, college, or university; academic excellence; superior scholastic potential (certified by GMAT, GRE, Tage Mage or CAT scores); and English language proficiency. Admission decisions are made on the basis of your overall profile as reflected in the application pack.
Successful candidates come from a wide range of education backgrounds and experiences. They also display distinguished academic excellence, strong analytical skills, interpersonal competencies, international awareness, have proven motivation to undertake the programme, the capacity to make significant contributions to EDHEC Business School’s learning environment, and the potential to succeed as professionals, managers and leaders in the related field of study. The Selection Committee relies heavily on profiles, motivation letters, recommendation letters, and CVs.
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. 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 30 years with an excellence profile:
When is the deadline: Complete applications must be sent to EDHEC before 1st December
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:
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 31st March and if accepted, must confirm their seats before 21st April.
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 programes) 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 (applying for MSc programme) should complete their application file before 31st March and if accepted, must confirm their seats before 21st April.
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: 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 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?
Can I apply for more than one programme?
What is the EDHEC's institution code for the TOEFL?
Can I apply for a 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 Center?
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.