University of Luxembourg, Faculty of Law, Economics and Finance
Master in Finance and Economics – Digital Transformation in Finance
Luxembourg City, Luxembourg
Master degree
DURATION
2 years
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
24 Mar 2026*
EARLIEST START DATE
Sep 2026
TUITION FEES
EUR 400 / per semester **
STUDY FORMAT
On-Campus
* non-EU: 1 Feb 2026 – 24 Mar 2026 | EU: 1 Feb 2026 – 24 May 2026
** 400€/ sem. (semester 3,4)
Be the one to transform the traditional financial system!
We offer you an interdisciplinary learning environment to learn about the challenges of the future of Finance and to develop technology-intensive alternatives to old-school problems.
Why study digital transformation in finance?
Different Fintech initiatives adapt to, and co-exist with, the institutional setup of the financial sector. Digitalized routines and data sharing that result from our societal and economic interactions drive the development of advanced analytics. The Blockchain technology offers the opportunity to rethink systematically the way we design, use, and embrace financial services. Join to learn more!
Strengths
- We walk through and contrast the traditional institutional processes and market infrastructure with emerging, IT-intensive solutions;
- We offer state-of-the-art academic knowledge in Finance and Economics related to technology adoption and diffusion;
- We allow students to acquire topical scientific knowledge from information systems management, data science, and requirements engineering;
- We aim at training competencies that are essential for the out-of-the-box, creative Finance professionals, in order to collaborate with IT professionals at the workplace.
- We let students instrumentalize the gained knowledge and competencies through different design exercises and programming tasks.
Learn how to:
- Apply the study content to address, to explore, and to analyse both socio-economic and performance implications of digital transformation initiatives in the workplace;
- Develop critical thinking, the ability to work independently as well as in teams of different domain experts, and to present their work in front of an audience.
General University scholarships:
- Guillaume Dupaix International Master’s Scholarship
- Portabella Scholarship
Scholarships available for this programme:
- Advanzia Bank Scholarship
- Ferrero Fellowship
The didactical underpinning leverages on problem-based learning, enabling you to build the state-of the art scientific context around real-life cases, provided by residing industry representatives. You will also take part in an industry strength Hackathon, where you have the chance to come up with a financial service and/or with a financial product on your own!
Attendance at second-year courses is compulsory.
The courses of the first year are part of the main common programme and not track-specific.
Course offer for Semester 1 (2025-2026 Winter)
- 1.F1.Financial Markets and Institutions – The Luxembourg Financial Centre
- 1.F2.Financial Accounting & Reporting
- 1.F3.Fixed Income Analysis
- 1.F4.Modern Portfolio Theory
- 1.F5.Microeconomics, Risk and Information
- 1.D1.Mathematics
- 1.D2.Statistics
- 1.D3.Econometrics I ( R )
- 1.D4.Econometrics I ( STATA )
- 1.O1.VBA
Course offer for Semester 2 (2025-2026 Summer)
- 2.F1.Asset Pricing Theory
- 2.F2.Macroeconomics and International Finance
- 2.D1.Econometrics II (R)
- 2.D2.Econometrics II (STATA)
- 2.E1.Financial Analysis and Valuation
- 2.E2.Corporate Finance
- 2.E3.Derivatives
- 2.E4.Financial Stability : Theory & Practice
- 2.E5.Economie monétaire internationale (Fr)
- 2.E6.Monetary Policy
- 2.E7.Contemporary Issues in Public Finance
- 2.E8.Economics of Innovation
- 2.E9.Public Policy Analysis
- 2.O1.Bloomberg
Course offer for Digital Transformation in Finance, Semester 3 (2025-2026 Winter)
- 3.DTF1 Advanced Data Analysis
- 3.DTF2 Blockchain and Cryptocurrency Markets
- 3.DTF3 Financial Institutions and Fintech
- 3.DTF4 Digital Finance Law, Regulation and Implications
- 3.DTF5 Financial Services: Applications
- 3.E1. Behavioral Finance
- 3.E2.Household Finance and Real Estate
- 3.E3.Financial Engineering
- 3.E4.Professional seminars
Course offer for Digital Transformation in Finance, Semester 4 (2025-2026 Summer)
- 4.E1.Design Execution and Evaluation of Research in Finance and Economics
- 4.E2 Financial Econometrics
- 4.E3 Statistics in risk management using R – French
- 4.E4. Incubator Course: Cases of Modern Finance
- 4.E5 Topics in Well-being Research
- 4.E6 Data Protection for Official Statistics
- 4.Applied Master Thesis (including Internship)
- 4.Academic Master Thesis
Upon successful completion of the track, you shall be able to:
- Demonstrate in-depth knowledge of contemporary, state-of the art academic knowledge regarding digital transformation in Finance, including, among others, theoretical representations of, and empirical findings related to blockchains and their financial applications;
- Demonstrate up-to-date, applicable knowledge regarding the impact and implications of the changing regulatory landscape on financial markets, instruments, and institutions;
- Demonstrate up-to-date, applicable knowledge regarding the impact and implications of digitisation on households, including, among others, the effect of digitisation on financial inclusion, on debt management, and on retirement planning;
- Demonstrate up-to-date, applicable knowledge on the fundamental technological concepts regarding digital transformation in Finance, such as blockchains, smart contracts, cryptography, (truly) distributed architectures, and systems engineering;
The job market in finance requires not only knowledge but also competencies in order to accommodate the ever-changing market requirements. This study track not only provides you with state-of-the-art knowledge on Digital transformation but also puts a strong emphasis on training competencies to become an innovator in your workplace. Business innovation or product development units, as well as Fintech ventures, provide opportunities to start your career.
Luxembourg offers a dynamic and international job market. Graduates from this Master, based on their second-year specialisation, will be prepared for different career paths in Luxembourg or abroad, for example, with:
- Banks and other financial institutions
- Asset management firms
- Consultancy companies
- Industrial companies
- Insurance companies
- European or national financial institutions
- Financial administration
- Academia
The different tracks allow students to pursue their chosen field of specialisation while also offering a common foundation and the opportunity to explore the basics of each field. The result is a well-rounded education in finance and economics, enabling graduates to successfully enter the job market.
This particular track enables you to become a frontrunner in the context of digital transformation in the financial sector.