Rennes, France
DURATION
1 year
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
Request application deadline
EARLIEST START DATE
Request earliest start date
TUITION FEES
EUR 6,000 / per year *
STUDY FORMAT
On-Campus
* Enrollment fee to the CFA exam is not included. Student and Campus Life Contribution (103 € for academic year 2024-2025), and other living expenses not included.
Key Summary
Introduction
The aim of the Advanced Studies and Research in Finance (ASRF) program is to train graduates with a strong background in financial analysis in an international context, as well as specialists in quantitative financial management and market finance. The program prepares students for the CFA (Chartered Financial Analyst) exam.
It provides professional opportunities in consulting and research (fundamental or applied), both in the academic sphere (universities, business schools) and in financial organizations (banks, insurance companies, financial institutions, etc.).
Program highlights
The program is designed to train both French and foreign students who are interested in an international career in finance. This is the reason why all the courses are taught in English based on international course formats ( project-based). Depending on their academic project (research or CFA® preparation), students choose electives.
The lecturers use international financial databases (Bloomberg) and their teaching is based on international standards and regulations in terms of risk management (banking risks in particular), financial markets, and accounting.
A significant advantage: 3 professional certifications are included in the Master’s degree: AMF, Bloomberg, CFA Professional Certification. IGR-IAE Rennes
- AMF (French Financial Markets Authority) certification
The students of the Master 2 Finance with sufficient command of French can take the AMF (French Financial Markets Authority) certification. This opportunity is offered to students thanks to the support of the IGR-IAE Foundation. - Bloomberg certification (Bloomberg Market Concept) with the Bloomberg Institute
With our trading room featuring Bloomberg terminals, it is possible for you to take the internationally recognized Bloomberg Market Concepts (BMC) certification through online training (approximately 10 hours). The cost of this certification is covered by IGR-IAE. - Preparation for the CFA level 1 finance certification
The CFA®, Chartered Financial Analyst is undoubtedly the most renowned international professional certification in Finance, both in banking and business. Passing the 1st of the 3 levels at the end of your M2 Finance is a significant asset that will make you stand out and give you a crucial advantage when it comes to recruitment. Only 2 other Masters in Finance and the 5 best Grandes Ecoles in France include CFA level 1 preparation.
Registration for the CFA exam is to be done directly with the CFA Institute (cost varies depending on the date of registration: about 1000 euros).
Admissions
Curriculum
Program
The “Studies and Research in Finance” course of Master 2 introduces students to in-depth knowledge in the traditional fields of finance.
A very specific feature of the program is the significant number of hours in French as a Foreign language given in September (intensive course) and throughout the academic year, preparing the students for the mandatory work placement (internship) at the end of the program and for a professional experience in France.
Semester 1
TU 1: Recent advances in asset management and financial markets
- Portfolio Management
- Derivatives
- Options and Markets
TU 2: Recent advances in banking and corportate finance
- Banking risk, regulation and climate risk
- Management Control for Financial Institutions
- Corporate finance and capital structure
TU 3: Quantitative techniques, softwares and data management
- VBA for Finance
- Introduction to Bloomberg
- Financial econometrics
TU 4a: Preparation 1 to CFA (CFA track)
TU 4b: Preparation to research: theory and practice (research track)
- Quantitative financial risk management
- Time series analysis and maching learning: empirical applications for finance
- Research trends in banking and finance
French as a Foreign Language
Semester 2
TU 1: Recent Advances in corporate and sustainable finance
- Fixed income securities
- Social and Green finance
- International corporate finance
TU 2: Financial accounting and reporting
- Accounting
- Financial analysis
TU 3: Conferences and new topics in finance
TU 4a: Preparation to CFA (CFA® track)
TU 4b: R programming and econometrics for research in finance
- Computational finance
- Advanced econometrics
- Mathematical finance
TU 5: Professionnal experience and certificates
- Internship and/or research dissertation
- Professional and linguistic certificates (AMF, TOEIC)
- Carreer week
French as a Foreign Language
Scholarships and Funding
As part of a French public university, IGR-IAE Rennes does not directly grant scholarships.
However your program coordinator will accompany you in your search for financial support.
Program Tuition Fee
Gallery
Ideal Students
In order to apply, students should hold a 4-year Bachelor’s, or a Master 1 or Master 2 or a 4 or 5-year business school diploma.
Holders of a 3-year Bachelor’s Degree are not eligible to apply.
Career Opportunities
The traditional professional opportunities include the various consulting, analytics, and research careers (fundamental or applied). Most students find jobs in financial organizations (banks, financial institutions, asset management companies, insurance companies, etc.), in the academic sphere (universities, business schools) and corporate finance departments.
- Financial researchers and consultants (market or corporate finance), risk managers, portfolio and asset managers, financial executives, etc.
- Researchers or professor-researchers (this opportunity implies further doctorate studies)
- Financial managers and executives in finance departments, in investment banks and insurance companies.