Masters Degrees in Applied Mathematics, France

THE FINANCIAL CRISIS OF 2007-2009 HAS RAISED NEW ISSUES IN THE MANAGEMENT OF FINANCIAL RISK AND HAS CREATED NEW CHALLENGES FOR ALL PLAYERS IN THE FINANCIAL SERVICES SECTOR. BANKS, INVESTMENT MANAGERS AND OTHER FINANCIAL SERVICES FIRMS NEED TO GAIN BETTER CONTROL OF THEIR FINANCIAL RISKS. MARKET PARTICIPANTS AND RESEARCHERS FROM ACADEMIA NEED TO APPLY A MULTIDISCIPLINARY APPROACH TO FINANCE AND ECONOMICS. THE MAIN OBJECTIVE OF THE MSC IS TO MEET THESE NEEDS.

THE MSC PROGRAMME WILL PROVIDE YOU WITH THE NECESSARY SKILLS TO MASTER THE FINANCIAL RISK TOOLS WHICH ARE VITAL FOR FINANCING AND INVESTMENT IN BANKS AND TO FACE THE MARKET’S NEEDS.

BACKGROUND

The MSc in Investment Banking and Risk Management programme is designed for those interested in working inthe financial services sector and who have an academic background in Financial Mathematics/Applied Mathematics/ Engineering Sciences or Physics and have graduated with an International Bachelor’s degree in the fore-mentioned subjects or with a French Master’s degree (M1). The MSc programme will provide the skills needed to master advanced analytical tools needed in modern finance.

LEARNING OUTCOMES

Students in the programme will develop the expertise to analyse and control financial risks. It covers areas such as Mathematical Finance, Risk Management, Programming and Finance, Regulation and Future Governance. The course is tailored to prepare students for jobs such as: Risk Analyst, Quantitative analyst, Structured product specialist, Compliance Officer, Auditor

BLENDED LEARNING

The pedagogical approach blends theoretical teaching with the study of real-life cases. Students will have the opportunity to work on current business problems
with financial firms. As an integral part of the programme, students will complete a 4-6 month internship. After the internship, students will prepare a dissertation using the experience gained during their time in the company under the supervision of an Internship Tutor from the company and an ESILV professor specialised in the topic of the dissertation. The first semester of the the programme can be completed at ESILV (Paris) or at the University of Padova (Italy).

53K€ - THE MINIMUM INTERNATIONAL STARTING SALARY OF GRADUATES FROM THE DEPARTMENT OF FINANCE

10 - LECTURERS/RESEARCHERS IN THE FINANCE LAB, THE RESEARCH LABORATORY IN ECONOMICS AND FINANCE

12 - BLOOMBERG TERMINALS ON CAMPUS

PROGRAMME OVERVIEW

FULL-TIME 18 MONTHS PROGRAMME IN ENGLISH

::SEMESTER 1::

Model identification, calibration and data analysis
- Linear and nonlinear computational algebra : an introduction
- Model identification and calibration

Stochastic methods for finance
- Fundamentals of Stochastic methods
- Advanced Stochastic methods for finance

Stochastic differential equations
- Stochastic processes
- Stochastic differential equations

Scientific computing and programming
- Programming : an introduction to VBA and Matlab
- Object oriented programming and data mining

::SEMESTER 2::

Statistics for Risk Management
- Econometrics
- Extreme Value Theory

Risk Management
- Credit Risk
- Operational Risk
- Liquidity Risk
- Market Risk

Quantitative Finance
- Derivative Product
- Asset Management
- Bloomberg and VBA for Finance

Accounting and Regulatory
- Asset Liability Management
- Basel 3

Beyond Basel III
- Interest Rate Risk Management
- Systemic Risk Modelisation

Bank of the future
- History of money and banking system
- International Finance andsystemic risk
- Bank and monetary policy

Language
- French as a Foreign Language

::SEMESTER 3::

Internship

Professional Dissertation

WHY WE ARE DIFFERENT

OUR COLLABORATION WITH THE UNIVERSITY OF PADOVA FOR THE MSC IN INVESTMENT BANKING AND RISK MANAGEMENT PROGRAMME WILL GIVE YOU THE OPPORTUNITY TO CONNECT TO BOTH ESILV’S AND THE UNIVERSITY OF PADOVA’S EXTENSIVE NETWORK AND TO GAIN EXPERTISE FROM THE PROFESSORS FROM BOTH SCHOOLS

::IN PARIS::

We offer an excellent work environment with state-of-the-art facilities in the heart of the largest financial district in Europe, La Défense – you will be where all the action is. ESILV is located in the Pôle Universitaire Léonard de Vinci, which offers students a highly-secure study environment where you will find up-to-date technology and equipment necessary for your studies. The Pôle Universitaire Léonard de Vinci has dedicated spaces for the comfort andwell-being of the students – including a choice of cafeterias, a sports center and lounge areas. From day one, when the international relations department meets you at the airport and helps you settle into Paris, you will get support from administrative and academic staff to make your learning experience in Paris a remarkable one.

::IN PADOVA::

If you choose to do the first semester at the University of Padova, you will get the opportunity to study in an institution with an incredible history. Not only does the University have the oldest University Botanical Garden in the world, you can also discover the ancient Palazzos, Astrological Observatory and historical collections in the museums. With about 65 000 students, the University of Padova is ranked as the leading Italian University, as well as being in the top 300 worldwide in the Shanghai rankings.

::PARTNERSHIP::

The following companies have shown their interest in the MSc in Investment Banking and Risk Management. As well as being members of the Scientific Comitee,
they will contribute to the taught-part of the programme and propose Internship offers in their companies: Société Générale (Risk and Capital Models Department), BRED (Department of Capital Markets), Blackridge Bank (President and CEO), Monte dei Paschi Siena (Head of Global Markets), DanskeBank (Head of Front Office Quantitative Applications), CONSOB (The Commissione Nazionale per le Società e la Borsa).

::BLOOMBERG TRADING ROOM::

The Pôle Léonard de Vinci has 12 Bloomberg terminals where you can simulate being a trader. The Bloomberg Trading room gives you the opportunity to familiarise yourself with the markets and its financial products, with the aim of becoming almost fully operational for your future employer. You will create
a network of contacts with the help of the Bloomberg Chat tool, where you can contact professionals and send them your CV.

USEFUL INFORMATION

::DURATION::

12 months of classes
4-6 months Company Mission/ Internship (you can do this anywhere in the world)

Intake : February

Tuition fees : 15 000 €

::ADMISSION REQUIREMENTS::

To apply for the MSc in Investment Banking and Risk Management the pre-requisites are as follows:

- A French Masters 1 Level Degree in Financial Mathematics/ Applied Mathematics or Engineering Sciences
- An international Bachelor’s degree in one of the above-mentioned subjects
- An international Bachelor’s degree in Physics

::HOUSING AND COST OF LIVING::

The cost of living will vary significantly dependent on your lifestyle. This is estimated to be between 1 000 and 1 500 € per month (housing, food, electricity…). The International Relations Department will provide you with housing options offered by our housing partners.

::FOR MORE INFORMATION::

Vaghé LUDINARD
International Programmes Manager
Pôle Universitaire Léonard de Vinci
Tel : +33 (0)1 41 16 70 86
[email protected]

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Why study Data Science?

Data abounds. Social media, manufacturing systems, medical devices, logistic services, and countless others generate petabytes of data on a daily basis. With a wealth of data available, we are at a point in history, where we can conduct analyses to detect, discover, and, ultimately, better understand the world around us.

What are the career opportunities?

Data science is a highly innovative area. The profession was described as "Sexiest Job of the 21st Century," by Harvard Business Review in October 2012. The data scientist simultaneously masters scalable data management, data analysis and domain area expertise to extract key knowledge and solve real-world problems. Data scientists’ skills are highly valued across all fields within the private sector, government and non-profit organisations. This is an opportune time to pursue training in both a challenging and rewarding area of expertise. So join us and embark on a journey of a lifetime!

Why choose Data Science at EIT Digital?

The Data Science Masters offers a unique two-year academic programme, whereby students study data science, innovation and entrepreneurship at two different leading European universities.

Students acquire in-depth technical skills in scalable data collection techniques and data analysis methods. They learn how to use and develop a suite of tools and technologies that address data capture, processing, storage, transfer, analysis, visualisation, and related concepts (e.g., data access, data pricing, and data privacy).

At the same time, they also acquire extensive business skills by learning how to bring an innovation to the market and developing a successful business model. These additional entrepreneurial skills will give students their ticket to a successful career.

How is the programme structured?

All EIT Digital Master School programmes follow the same scheme:

• Students study one year at an ‘entry’ university and one year at an ‘exit’ university in two of EIT Digital’s hot spots around Europe.
• Upon completion, graduates receive degrees from the two universities and a certificate awarded by the European Institute of Innovation and Technology.
• The first year is similar at all entry points with basic courses to lay the foundation for the chosen technical programme focus. Some elective courses may also be chosen. At the same time, students are introduced to business and management. During the second semester, a design project is combined with business development exercises. These teach how to turn technology into business and how to present a convincing business plan.
• In between the first year and the second year, a summer school addresses business opportunities within a socially relevant theme.
• The second year offers a specialisation and a graduation project. The gradation project includes an internship at a company or a research institute and results in a Master thesis with a strong innovation and entrepreneurship dimension.

To learn more about the structure of the programme, please click here.

To learn more about the Innovation & Entrepreneurship minor, please click here.

Where can I study Data Science?

Entry - 1st year, common courses

• Eindhoven University of Technology (TU/e), The Netherlands
• Royal Institute of Technology (KTH)
• Universidad Politecnica de Madrid (UPM), Spain
• Universite Nice Sophia Antipolis (UNS), France
• Politecnico di Milano (POLIMI), Italy

Exit - 2nd year, specialisation

• Infrastructures for Large Scale Data Management and Analysis at Universidad Politecnica de Madrid (UMP), Spain
• Multimedia and Web Science for Big Data at Université de Nice Sophia Antipolis (UNS), France
• Business Process Intelligence at Eindhoven University of Technology (TU/e), The Netherlands
• Distributed Systems and Data Mining for Big Data at The Royal Institute of Technology (KTH), Sweden
• Design, Implementation, and Usage of Data Science Instruments at Technische Universität Berlin (TUB), Germany
• Machine Learning, Big Data Management, and Business Analytics at Aalto University, Finland
• Real-time Data Analytics at Eötvös Lorand University (ELTE), Hungary

About EIT Digital Master School

EIT Digital Master School offers two-year, European Masters in computer science and information technology, with a focus on innovation and entrepreneurship. Students study two years in two leading European universities. They earn two Masters degrees from those universities together with a certificate awarded by the European Institute of Innovation and Technology (EIT). Students enjoy an array of benefits which includes European mobility, a three-day business challenge, a two-week Summer School, an internship and access to the EIT Digital community. Upon graduation, students are equipped with the tools to become digital innovators.

Scholarship:

·        European citizen: No tuition fees. Up to 750 Euros monthly allowance

·        Non-European citizen: tuition fee waiver of up to 50% and 750 Euros monthly allowance

Application deadline to begin studying in September 2018:

·        15 April 2018 (Open to EU/EEA/CH citizens/ Non-EU citizens*.)

*Please note that this application period is not recommended for applicants who require a visa due to time constraints. If you require a visa to study in an EU country, we recommend you delay your application to November 2018 when the application portal opens again, to start in Autumn 2019.

How should you apply?

To apply, you need to register and submit your application on the EIT Digital Application Portal. You don’t need to do your application all at once. You can access the list of required documents for your application here.

Need more information?

Master School Office: [email protected], we will be happy to help.

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