Graduates of the Master’s programme in Finance and Economics are qualified to be tomorrow’s experts in the increasingly complex world of financial economics and quantitative finance, e.g. in:
- asset management
- credit and market risk management
- treasury and trading
- financial engineering
- research and technical analysis
- corporate finance
- international economics
- decision making under uncertainty
They also have the necessary tools to launch an academic career in this demanding field. In the spirit of harmonization of education within European Union, the graduates of the Master programme in Finance and Economics are expected to attend the following standards according to the so called Dublin Descriptors.
Knowledge and understanding:
Graduates are expected to gain theoretical knowledge and advanced skills on the following areas: economics, mathematics and statistics, corporate and financial law.
For the economic area, topics offered include: monetary economics, advanced micro and macro economics, decisions under conditions of uncertainty. The theories and analytical tools from economics learned will enable studentes to understand the processes of economic integration and the functioning of markets, the role of multinational corporations and financial institutions.
For the area of mathematics and statistics, the topics include: mathematical and statistical analysis, econometrics, mathematical finance, risk theory, portfolio optimization and optimal control. The students are expected to learn how to perform quantitative analyses for business and economics decision making, management of investments and financial forecasting of macroeconomic scenarios.
For the business and financial area, topics include: corporate finance, business management , economics of markets and financial intermediaries. The knowledge and skills acquired in this area will enable graduates to understand the politics of enterprise management, strategies of internationalization of firms, the principles of corporate finance, the functioning of the financial system, investment decisions and financial risk management.
For the law area the main focus will be on international financial and economic law. The lectures will provide legal expertise to understand the laws that rule the markets and financial institutions and international trade.
Applying knowledge and understanding:
Graduates will be able to apply the knowledge and skills acquired to the analysis and management of business tasks posed by the process of economic integration, to the design and implementation of internationalization strategies of firms, to the assessment of the financial and balance sheet, to the identification of policy interventions in the context of open economies (market regulation, competition policies, supervision of financial institutions, etc.); to the mathematical evaluation of investments; to the analysis and forecasting of economic and financial scenarios.
Graduates will gain the ability to make judgments about developing critical skills: the effects and effectiveness of the decisions of firms and financial institutions in which they were to operate, even in reference to the ethical implications of these actions and decisions, the consequences and the effectiveness of economic policies. They will also need to assimilate fully the principles of professional ethics that guide interpersonal relationships in the contexts of employment. They should also learn the fundamental principles of the scientific approach to problem solving in economics and business adiministration that they will face during their professional activity. The multidisciplinary approach of this course encourages the development of independent judgment and critical thinking by offering students the opportunity to compare methodological approaches in different disciplines. The significant relevance of quantitative methods and their applications to economics and finance, facilitates the comprehension of the scientific approach to problem solving.
Graduates will be able to present and communicate effectively within the company the results of their work (projects, reporting, analysis, documentation, etc.) Argue their positions and communicate clearly and effectively in writing and oral set up cooperative relationships and collaborative working within groups, proposals and solutions to the problems of working contexts of reference using mathematical and quantitative tools, access to a more specialized audience, for example, through the publication of research results. The ability to communicate effectively in the workplace is primarily gained from the presentation and discussion of case studies. The drafting of reports and essays, as required by some of the courses, and the writing of the final dissertation will help to enhance written communication skills.
Graduates will have the ability to develop and increase their skills through the consultation of the published scientific literature and the use of databases and other information. The master degree in Finance and Economics also provides the methodological skills that support capabilities for further learning up to the possibility to continue their studies in doctoral programs. The students have also the opportunity to attend other activities organized by the Department of Economics, Management and Quantitative Methods such as seminars and workshops to improve their ability to understand scientific challenges and new topics of research.
The preparation of the final disseration provides students further opportunities to develop the skills of independent learning.