IUM Master in Finance, Private Banking & International Wealth Management

Master in Finance

Financial Engineering & Quantitative Finance

Inspiring the Global Generation

Why a Master in Financial Engineering & Quantitative Finance at IUM? Fostering innovative investment strategies grounded in rigorous analysis and sound theoretical framework This degree allows students to learn financial models and techniques, to recognize their reach and limitations, and to apply them to complex investment situations This quantitative program leads to a wide range of financial careers such as trader, risk management officer, hedge funds quant analyst etc.

Thanks to small class sizes and individual attention this master is able to ensure a high quality learning process Students can develop dedicated individualized projects to suit to their ultimate career objectives

The Program at a glance Small class sizes ensuring a high quality learning process Very practical orientation to real world strategies combined with rigorous theoretical background Emphasize the development of innovative investment approaches. Students can back-test then manage their strategies on live market data Practical individualized projects allow a tailored path matching career objectives

A word from the program director Geographic origin of students

“Quantitative finance has been booming for the past decades and remains one of today’s core pillars of financial solutions. The variety of trading and risk management strategies requires very well educated professionals with deep understanding of existing approaches and the ability to develop new ones. It is our profound conviction that tomorrow’s financial professionals will need to display, in addition to their understanding of classical solutions, an ability to work with uncertainty, subjectivity and to ground their solutions on sound business principles.

This is why we have created a program that leads students to be exposed to a variety of financial subjects and instruments as well as to the history of financial markets in order to help them anticipate and model tomorrow’s financial needs and solutions.”

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Dr. Grégory Moscato, MFIN Program Director

Program description This program is a mathematically-oriented degree intended for students who aspire to a career where they will apply theoretical finance and computer modeling skills to make pricing, hedging, trading, and portfolio management decisions.

Courses and projects emphasize the practical applications of these skills while providing the rigorous theoretical framework essential to a thorough understanding of the principles of financial engineering. Students learn to combine their analytical skills with business sense to handle, analyze, and interpret data, and devise original approaches to complex problems in order to make sound investment or risk management decisions.

Transfer Students Admission

2nd Period Feb. - June.

3rd Period Jul. - Dec.

The capstone applied project Core Courses

Six-month internship

Specialization Courses

or

Master program 120 ECTS

3 - 4 year university degree Proof of English proficiency

1st Period Sep. - Jan.

Research thesis

Some of the courses

Teaching Philosophy

• Derivative Products and Strategies • Statistics and Financial Data Analysis • Probability Theory and Discrete-Time Finance • Risk Management • Stock and Bond Valuation • Portfolio Theory and Management • Financial Programming in Visual Basic for Applications • Financial Econometrics • Hedge Fund Strategies • Analyzing and Trading the Yield and Credit Curves • Stochastic Calculus and quantitative strategies • Fin. Modeling MATLAB

The IUM teaching philosophy is based on three highly effective learning principles.

A first-class curriculum

Small class size

We strive for the tenets of sound scholarship, academic honesty, and the presentation of a comprehensive level of subject matter in innovative ways.

Student diversity

At IUM we have a highly demanding and academically rigorous teaching style, but we also demand active learning by encouraging class participation from the students. This approach contributes to make the University a place of intellectual and practical exchanges of the highest level.

We maintain a highly personalized teaching environment by restricting the number of students in each class, which allows for personal attention and interaction with the professor.

We create and encourage a culturally diverse student body that is sensitive to, and appreciative of, cultural differences.

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Career opportunities Careers requiring solid mathematical skills and a strong interest in financial markets.

Combining a high level in maths and business skills, as well an advanced knowledge in quantitative economy and computer science, the IUM graduates finalize their academic year by an applied research project in partnership with a financial institution.

Thus, they are particularly well equipped to start a career in financial trading, risk management or portfolio analysis within an investment bank, a hedge funds or a financial consulting company.

Most of the MFIN alumni found jobs as Junior trader in derivative markets, as quantitative analyst/modeller in hedge funds or a Junior risk manager, mainly in Amsterdam, London, New York or Zurich, the most dynamic locations for the hedge funds and the investment banking industries.

In their search of the most suitable career; the students benefit from the IUM Mentorship Program, that match eligible IUM students a business executive working in the targeted job area.

Every year, the IUM mentorship program connects more than 80 students with local or international business leaders who volunteer to share their knowledge and experience, and help guide students into a suitable career choice.

Students also play central roles in discussion forums, seminars, and workshops throughout the year that provide exceptional opportunities to meet with successful business leaders.

Alexander FIRSHEIN, MFIN 2008 b.Sc. in Mathematics, MIT, USA Option Trader at Optiver “I liked the highly international aspect and my interest in meeting and learning about different cultures, as well as finding employment for a few years outside of America.

IUM was really the perfect fit for me as I could spear-head my career switch into finance with an educational and enjoyable year abroad in Monaco.

Currently I’m working as an option trader at Optiver, a global market maker based in Amsterdam.”

Contact details • IUM Contact details: 2, Avenue Albert II, MC 98000 Monte-Carlo Principality of Monaco Tel: 377.97.986.986 - Email: info@monaco.edu The International University of Monaco is a partner of the INSEEC Group, one of the largest French educational institutions with campuses in Paris, Bordeaux, Lyon and London.

• Admissions team: Leila BELLO Tel: +377.97.986.996 - Email: lbello@monaco.edu Aymeric PAZZAGLIA Tel: +377.97.986.993 - Email: apazzaglia@monaco.edu

Please note that the information contained within this brochure may be subject to change

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