Program Year

Obligatoire

  • Macroéconomie
  • Econométrie II (choisir 1 cours d'économétrie parmi les deux proposés)
  • Informatique appliquée la finance
  • Economie de l’énergie et de l'environnement I
  • Gestion de portefeuille

Anglais Obligatoire - 1 UE à choisir

  • Anglais A : Business plans
  • Anglais B : Oral and written communication skills
  • Anglais C : Economy in the media Gp.1
  • Anglais D : Professional oral communication
  • Anglais E : Pop Art and consumer society
  • Anglais F : Economy in the media Gp.2
  • Anglais G : The economic press in English (Groupe 2)
  • Anglais H : Culture and practice of entrepreneurship
  • Anglais : The economic press in English (Groupe 1)

Obligatoire - 1 UE à choisir parmi les 2 (en anglais ou français)

  • Derivative instruments
  • Produits dérivés

Obligatoire - 1 UE à choisir parmi les 2 (en anglais ou français)

  • Calcul stochastique
  • Stochastic Calculus

Obligatoire - 1 UE à choisir parmi les 2 (en anglais ou français)

Obligatoire - Majeure Finance d'entreprise

  • Microéconomie
  • Economie de l'energie et de l'environnement II
  • Modélisation financière
  • Contrôle de gestion stratégique
  • Droit des sociétés
  • Evaluation d'entreprise
  • Mémoire

Optionnel - Majeure Finance d'entreprise - 1 UE à choisir

  • Intermediation financière
  • Theorie de la finance d'entreprise

Obligatoire - Majeure Finance de marché

  • Microéconomie
  • Economie de l'energie et de l'environnement II
  • Gestion des risques
  • Data management
  • Mémoire

Optionnel - Majeure Finance de marché - 1 UE à choisir parmi les 2

  • Introduction à C#
  • Applications financières en R

Optionnel - Majeure Finance de marché - 1 UE à choisir parmi les 2

  • Modélisation des risques financier avec Matlab
  • Analyse factorielle de la performance avec Matlab

Optionnel - Majeure Finance de marché - 1 UE à choisir parmi les 2

  • Monetary policy implamentation
  • Financial crisis

Academic Training Year 2021 - 2022 - subject to modification

Enseignements Obligatoires pour les 2 majeures "Finance d'Entreprise" et "Finance de Marché"

  • Informatique appliquée la finance
  • Gestion de portefeuille
  • Econométrie
  • Macroéconomie
  • Applications professionnelles

Bloc Obligatoires à choix 1

  • Produits dérivés
  • Derivative instruments

Bloc Obligatoires à choix 2

  • Calcul stochastique
  • Stochastic Calculus

Bloc Obligatoires à choix 3

Semestre 2 Majeure "Finance d'Entreprise"

  • Theorie de la finance d'entreprise
  • Modélisation financière
  • Contrôle de gestion stratégique
  • Droit des sociétés
  • Evaluation d'entreprise
  • Microéconomie
  • Applications professionnelles
  • Mémoire

Semestre 2 Majeure "Finance de Marché" Cours Obligatoires

  • Monetary policy implamentation
  • Gestion des risques
  • Microéconomie
  • Data management
  • Applications professionnelles
  • Mémoire

Semestre 2 Majeure "Finance de Marché" Cours Optionnel 1 : Choisir 1 UE

  • Introduction à C#
  • Applications financières en R

Semestre 2 Majeure "Finance de Marché" Cours Optionnel 2 : Choisir 1 UE

  • Modélisation des risques financier avec Matlab
  • Analyse factorielle de la performance avec Matlab

Academic Training Year 2021 - 2022 - subject to modification


Teaching Modalities

The first year of the Master's degree in Economics and Finance is an extension of the Bachelor's degree in Applied Economics at Dauphine. The close connection between the Bachelor's in Applied Economics and the Master's in Economics and Finance allows students to progressively and efficiently assimilate the concepts, methods, and tools of the discipline. A refresher course in computer science is offered to interested students before classes begin.

The first year of the Master's in Finance is divided into two semesters from September to June. Students specialize over the course of the program: after a core first semester, they choose to specialize in either corporate finance or market finance in their second semester. The common core includes the fundamentals of economics (macroeconomics, microeconomics, econometrics, and public economics) and finance (corporate financial analysis, portfolio management, derivatives). The curriculum addresses public economics through the study of energy and environmental issues. Specializing in the second semester allows students the opportunity to deepen their understanding of a financial subfield and learn the tools required to model relevant financial issues.

All students have to write a joint thesis in the second semester, the topic of which depends on their area of specialization. Students specializing in corporate finance write an evaluation of a company. They have to find a small-to-medium sized company that is willing to share their financial details, information about their investment plans, and their strategic vision. The project requires both interpersonal skills and significant expertise. Students specializing in market finance have more freedom in selecting the topic of their thesis, the subject of which is agreed upon in consultation with their thesis director. In both cases, this project gives students the opportunity to deepen their expertise in a given area and develop their analytical skills.


Internships and Supervised Projects

Students can choose the initial training program or the program with apprenticeship for the first year of the Master's degree. If signed in the first year, the apprenticeship contract is a two-year employment contract with a company that will cover the cost of the degree program. Assistance in the form of CV workshops, shared apprenticeship offers, and the Dauphine work-study forum is provided to students looking for an apprenticeship contract. The first year of the apprenticeship is intense and is made up of three distinct periods:

  • An initial intensive period of on-campus classes (in September and October)
  • A second period of work-study, where students rotate between the workplace (Monday, Tuesday, Wednesday) and the campus;
  • A third period of full-time work (from May until second-year courses begin).

The apprenticeship track allows students to quickly enter the world of work. It requires rigor, organization, good interpersonal skills, and a high level of academic achievement.
Students in the initial training program can take a gap year consisting of two six-month internships between the first and second years of the Master's degree. However, they can also proceed directly to the second year of the program without taking a gap year, depending on their goals and experience. The gap year offers advantages over an apprenticeship contract. Students benefit from gaining different kinds of experience and can take on projects and roles that are incompatible with a work-study rotational model (such as a mergers and acquisitions analyst). Students enrolled in initial training in the first year of the Master's program can switch to the apprenticeship track in their second year if they choose to specialize in Economic and Financial Engineering.

Seminars are offered about topics such as career planning and looking for an internship in France or abroad. In July, two months before university classes resume, students hoping to do a summer internship in an English or American bank have the opportunity to take the training course put on by the Alumneye association. The “How to get into investment banking” seminar runs in January and February and both helps students prepare for the recruitment process in investment banking and introduces them to the various careers in the financial sector through talks by guest speakers. The MEF (the student association for students in the Master's program in Economics and Finance) organizes a “un mois, un métier” seminar that offers students an opportunity to informally network with professionals.