Master of science in banking, capital markets and financial technology Programa

Embrace the changing nature of global capital markets and their cutting-edge technological developments.

  • Format

    3 semestres + prácticas profesionales

  • Languages

    Inglés

  • Location

    Lille

  • Fees

    17.250€

  • Intake

    Septiembre

  • Credits

    120 ECTS

Acreditaciones

Programa

El MSc en Banca, Mercado de Capitales y Tecnología Financiera está desarrollado para proporcionar a los participantes las habilidades técnicas necesarias para profundizar su dominio de los mercados de capitales.

El programa se ofrece a tiempo completo y consta de 3 semestres consecutivos de clases seguidos de una experiencia profesional. El plan de estudios se desarrolla en torno a cursos básicos dentro del campo de la banca y los mercados de capitales y sus últimos desarrollos que construyen un conjunto de habilidades para preparar mejor la transición de los estudiantes a una carrera exitosa y significativa en esta industria desafiante y dinámica.

Contenido del programa

ECTS

Financial Technology

26

Methods and Data

14

Business Intelligence for Finance
The objective of this course is to provide students with the tools to professionally synthesize the analysis of data in a structured and intelligible dashboard.

Data Analytics
This course aims at understanding how big data can be used in Finance and how it is changing the financial sector, and undertaking predictive estimations using financial data.

Financial Problem-Solving Strategies
This course aims at providing students with the tools that support sustainable financial decision-making by individuals and organizations.

Machine Learning
The objective of this course is to provide the fundamentals of machine learning methods with various financial applications including empirical asset pricing, credit risk modelling, return prediction, default prediction, among others.

Quantitative Financial Analysis with R
This course covers empirical quantitative financial analysis in terms of specifying, estimating and interpreting the output of econometric models with the use of Refinitiv Workspace and Bloomberg to retrieve and manipulate data.

Coding

7

Computational Thinking with Python
This course is an introduction to Python programming covering the basics of the Python syntax and a series of financial applications with a special focus on specific packages.

VBA Programming with Financial Applications
This course provides students with the ability to read, understand and explain the VBA programming language with a focus on applying it to financial applications in corporate finance and capital markets.

Applications

5

FinTech: Financial Services in the Digital Age
At the end of this course, students will understand the Fintech market segmentation, challenges, business models, and perspectives and consequences for the incumbents and the Finance industry.

Connected Vision Tour – Hackathon
Students work in teams to design an innovative solution to the real problems faced by companies relying on the knowledge acquired during the courses of the program.

Blockchain for Business
By the end of the course, students are able to assess the viability of blockchain use-cases and the business and regulatory implications of blockchain, have a toolbox to design solutions and implement blockchain projects.

Banking

19

Commercial Banking

5

Banking and Financial Intermediaries
This course provides a deep understanding of the structure and the evolution of the banking industry, the role of banks in the financial system and in the economy, the quality of banks’ financial statements, the current issues related to this industry, and the front and back office operations of a bank, and to develop analytical skills related to asset and liability management in a banking operation.

Corporate and Investment Banking

6

Corporate Financial Transactions
At the end of the course, students should be able to define, describe and discuss the best practices in equity and debt financing processes, and apply this knowledge to concrete corporate transactions and public offerings to raise long term capital.

Mergers and Acquisitions
At the end of the course, the student should be able to investigate the M&A phenomena around the world based on key elements of these operations to undergo an M&A or takeover decision.

Private Equity and Venture Capital
At the end of the course, students will understand the best practices employed in the Private Equity (PE) and venture capital (VC) industries, growth equity and buyouts in the context of the broader economy.

Regulations and Ethics

8

Financial Regulations and Compliance
The course covers the regulation of financial institutions and markets and its implementation, the different roles and activities of compliance, and opportunities and challenges of financial regulation and compliance.

Reporting for Financial Instruments
At the end of the course students will be able to construct expert knowledge from cutting-edge information on reporting for financial instruments and employ state of the art techniques pertaining to reporting for financial instruments.

Business Ethics and Managerial Behavior
This course aims at providing students with an understanding of the ethical decision-making process to assess ethical decisions and dilemmas faced by businesses, relevant tools to solve them, and act within their organisation to drive value-creation using sustainability and ethics.

Capital Markets

23

Multi-Asset

13

Capital Markets
This course provides a deeper understanding of the investment environment, asset classes and financial instruments, how they are traded and their historical risk and return relations, and how macroeconomic and industry analyses can be used to read markets.

Investments
The objective of the course is to understand how markets value securities and investors face risk and return decisions, apply modern portfolio theory to the construction of an efficient portfolio, asset allocation and risk management techniques, and evaluate portfolio performance.

The Trading Desk: Key Tools to Trade in Global Markets
The course is designed to give the students an understanding of how a trading desk works inside a financial institution, the different roles involved in different transactions, how every position has to be funded and the implications of the cost of funding, and how traders can use the Bloomberg terminal to carry out their day-to-day operations.

International Finance
This course aims to provide students with skills to properly handle FX operations in a global environment by having a robust knowledge of FX markets, international monetary arrangements, foreign exchange rates parities, determinants of exchange rates, FX derivatives, as well as FX risk management.

Risk Analysis and Management
At the end of the course, students will be able to understand how financial risk management is an integral factor to the sustainability of any business and be able to identify, measure, evaluate, act upon, and communicate financial vulnerabilities.

Derivative Securities Analysis
The goal of this course is to provide a complete overview of the different types of contracts and their use in asset management, hedge funds, trading desk, and corporates along with the whole operational chain from client needs to the trading desk and how risks can be hedged in the market.

Sustainable Finance
This course aims at providing students with an understanding of the implications of sustainability challenges on financial markets and how financial risks posed by Environmental, Social, and Governance (ESG) investing can be responded.

Equity Capital Markets (ECM)

6

Equity Analysis
This course introduces tools to perform the valuation of a company with a focus on being able to critically describe the characteristics of standard valuation techniques, estimating the cost of the various sources of financing used by a firm and assessing the sensitivity of value estimates to model assumptions.

Equity Portfolio Management
This course provides students with the tools to construct and implement passive and equity portfolios and factor/style indexes, evaluate portfolio performance, and report detailed portfolio information and regular commentaries in the portfolio factsheets.

Debt Capital Markets (DCM)

4

Fixed Income Securities Analysis
At the end of the course students will be able to discuss all the key features of a fixed-income security, understand the underlying principles of bond valuation, value key debt instruments and analyse the market value of bonds, identify and measure the risks associated with investing in bonds, and understand yield spreads, spot rates and forward rates appropriately.

Fixed Income Portfolio Management
At the end of this course students will be able to construct, manage and evaluate the performance of a portfolio of fixed-income securities.

Innovation and New Business Development

22

Business Consultancy in a Digital Environment

4

The course is designed to immerse students into the daily life of business consultants working for an ERP implementation company. Through interactive lectures, group assignments, and the intervention of four expert professionals, this course confronts students with the diverse expectations, tasks, and challenges functional consultants need to tackle. Combining theoretical concepts with hands-on exercises on a hypothetical business case, participants are expected to acquire knowledge on and experience with ERP deliverables and domains (i.e., Microsoft Dynamics 365), workflow design for top-level business processes (i.e.., Procure-to-Pay, Order-to-Cash), project management activities, and functional consulting analysis tools (e.g., XMind, Bizagi).

Career Program

4

Our Career Program helps participants to establish their professional career plan by working on their skills, personal strengths, and using networking tools to be prepared to meet recruiters’ expectations internationally.

At the end of the course, students should be able to:

Build a professional career plan;

Identify personal skills and accumulated experiences (e.g., Master experience);

Adapt professional tools (e.g., CV, LinkedIn) to the local market;

Develop an accurate representation of their professional profile;

Use personal networking to better identify professional opportunities;

Gain insight into techniques and tools to find a job or an internship in France or abroad;

Build self-awareness of personal vocations and interests.

Learn more about the Career Program

Creativity and Design Thinking

4

Creativity is one of the critical components of an organization’s ability to survive and thrive in today’s competitive and dynamic markets. This course will provide participants with a rich understanding of how creativity can be facilitated and managed in a work setting. They will acquire knowledge regarding various theoretical conceptualizations (i.e., how do you define creativity), antecedents (i.e., what makes you and others more creative) and outcomes (i.e., what is the impact) of creativity as well as knowledge on design thinking techniques and tools to lead teams in the creative journey.
How do creative ideas happen? How can we foster our creativity and the creativity of those around us? What are the paths of creative development of individuals who are successful in their creative endeavours? What are the implications for fostering and managing creativity in the workplace? What are the obstacles to creativity? What is the nature of creativity in teams and organizations? These are some of the questions we will address. During the course, a variety of teaching and learning techniques will be used to enable participants to think critically and imaginatively about various perspectives of creativity. To realize the goal of a shared learning experience between participants and the instructor, the course is aimed at integrating real challenges and practical experiences of creativity, projects, presentations, experiential exercises, and critical reflection on the various course materials. 

Entrepreneurship and New Business Development

4

This course provides participants with a profound understanding on entrepreneurship, new business development, and business plan writing. Through lectures, testimonials, field-work, and group assignments, participants are confronted with the how, where, when, whom, and why of starting and developing new business activities. As part of an international and multicultural team, participants are invited to work on an operational business plan aimed at either the creation of a new venture (NVC-track) or the acceleration of new business for an already established SME (NBD-track). This course’s ambitions thus go beyond providing theoretical insights. Hands-on experience is gained through out-of-class field work covering all steps of the entrepreneurial decision-making process (e.g., idea generation, feasibility analysis, industry study, market analysis, marketing plan, production plan, product development, and financial statements). In doing so, participants accumulate entrepreneurial knowledge and behaviours that support innovative solutions and new value development.

Cursos de Idiomas

6

Coming soon.

Hands-on Experience

30

Internship or work experience, thesis, or consulting project

30

Capstone Project: 4–6 month internship or work experience, thesis, or consulting project anywhere in the world

Zoom sobre… The Chartered Institute for Securities and Investment (CISI)

Nuestro MSc en Banca de Inversión y Mercado de Capitales tiene una alianza con el Chartered Institute for Securities and Investment (Instituto Certificado de Valores e Inversiones) basado en Londres. En el marco de esta asociación académica, nuestras clases incorporan el contenido de la Introducción a Valores e Inversiones del CISI y nuestros estudiantes tienen la oportunidad de pasar la formación nivel 3.

Talleres y Eventos Corporativos

Junto con las clases, el programa incluye talleres adicionales y eventos corporativos para desarrollar aún más las habilidades personales y profesionales de los participantes. Abarcan una serie de temas como la gestión de conflictos en entornos interculturales y la comunicación intercultural.

Nuestro «Career Program» ayuda a los participantes a establecer su plan de carrera profesional mediante un análisis de sus habilidades, fortalezas personales y el uso de herramientas de redes de networking para que estén preparados y cumplan con las expectativas de los reclutadores a nivel internacional.

Descubre el Career Program

INTERNSHIP

During their internship, students are able to combine theories of management with hands-on experience and apply the cross-cultural skills they have developed at IÉSEG.

Assistant Portfolio Manager, Credit Risk Trainee, Depositary Analyst, Equity Derivatives Analyst, Financial Risk Manager, Junior Auditor or Structuring Analyst for example: the internship opportunities offered by the program at the end of the curriculum are multiple.

Some companies which hire our interns: Amundi Asset Management, Société Générale Corporate and Investment Banking, Natixis, J.P. Morgan, Quilvest Asset Management, FXCM, Langham Hall, Alter Domus, European Stability Mechanism, EY/PWC, etc.

The internship can be undertaken in France or abroad. Most students have done their internships in France, in Europe, in Asia or in South America for example.

Partnerships

IÉSEG forma parte del grupo selectivo de Bloomberg Experiential Learning Partners, testigo del reconocimiento de la excelencia de nuestro cuerpo docente que incorporó los terminales de Bloomberg en sus clases.
El examen de Bloomberg Market Concepts (BMC) es un elemento central de programa MSc en Banca de Inversión y Mercado de Capitales.

Todos los estudiantes reciben un acceso remoto individual a Refinitiv para las actividades académicas de los dos semestres de clases.

Laboratorios de Mercados Financieros

Nuestros dos Laboratorios de Mercados Financieros (Financial Markets Lab), ubicados en el campus de Lille, ofrecen a los estudiantes una experiencia única. A través de una serie de conferencias, descubrirán prácticas de mercado en vivo con los terminales Bloomberg Professional y Refinitiv. Los laboratorios desempeñan un papel clave en la pedagogía de nuestro programa e integran las últimas innovaciones didácticas para mejorar la experiencia de aprendizaje. Durante la maestría, los estudiantes siguen la clase en línea de Bloomberg Market Concepts (BMC) y llegan al nivel de dominio de servicios de datos financieros requerido por la industria.

El acceso a mercados de capitales a través de nuestros laboratorios ofrece una experiencia práctica única para afinar sus habilidades técnicas en los terminales de los dos líderes mundiales de proveedores de datos financieros.

Contacto general

Pauline POUPARD