Financial World • Is like the nervous system of the business world • Huge amounts of capital are channeled daily from savers/investors to borrowers (companies, governments, households, etc.) through the financial system
Financial System
Financial World
Financial World
Financial World: Going Forward • Increase in global wealth and the increase in complexity of the financial world creates need for: 1. More people in more specialized positions to manage the optimal allocation of capital across the world. All the way from microfinance, through retail banking to investment banking 2. Continuing innovation in the financial products to fine tune according to the needs of investors and borrowers
Financial World: Going Forward • Increase in global wealth and the increase in complexity of the financial world creates need for: 3. Better financial regulation to prevent excessive risk-taking from systemically important entities and improve market design for investor protection and transparency, both to mitigate systemic risks of the financial system 4. Well trained financial officers/managers in companies to be able to extract the benefits offered by the financial world
Degree Requirements • 5 core courses 30 ECTS • 6-7 courses in the major 36-42 ECTS • 3-4 free electives on general business, of which 3 can be in a minor 18-24 ECTS • Thesis 30 ECTS
Career Opportunities: Main Areas • Financial Management • Financial Services and Insurance • Investment Banking and Investment
Courses: 1st year 1st Semester Mathematics Microeconomics Introduction to Asset Pricing Multivariate Statistics and Econometrics Multinational Corporate Finance
2nd Semester Research Methodology in Finance Applied Business Ethics Investments Applied Valuation Risk Management
Courses: 2nd year 3rd Semester Electives Students may choose one of Corporate Governance, Credit Markets and Financial Crisis, Fixed Income Securities or Derivatives Master Thesis
4th Semester Advanced Corporate Finance or Portfolio Management
Master Thesis
Double Degree Opportunities (video) • Católica Lisbon School of Business and Economics in Portugal. – International MSc in Management. – International MSc in Finance. • EDHEC Business School, Campus Lille, in France – MSc in Entrepreneurship, LLM in Law & Tax Management, MSc in Marketing Management or MSc in Strategy & Organisational Consultancy. • Queen's School of Business in Canada – Master in International Business.
QTEM Master Certificate (video) • Become highly skilled in quantitative and analytical techniques • Spend the 2nd and 3rd semesters at two top partner Universities in two different countries • Have 8 weeks of internship
International Exchange (video) • Study during the 3rd semester abroad at any one of the more than 200 partner Universities.
Special Knowledge and Skills • Understand investment, fund and portfolio management issues and practices • Understand issues and practices in corporate financial and risk management • Quantitative methods for better decision making in finance • Bloomberg platform
Financial Strategy Mergers and Acquisitions Project analysis and valuation Corporate recovery Corporate treasury Risk Management and Control Compliance with Financial Regulation
Career Opportunities: Financial Services and Insurance • • • • • • •
Career Opportunities: Investment Banking and Investment • • • • • • • • •
Underwriting: Raising Capital Mergers and Acquisitions Business Valuation Market Analysis (Market Specialists) Economic Research Fund Management Private Equity Venture Capital New Financial Products
Career Positions • Individual Corporations • Commercial and Investment Banks • Pension, Hedge or Mutual Funds (e.g. Portfolio Manager) • Advisory and Consultancy Firms • Sovereign Funds • Independent Analysts • Government and Public Institutions
Compensation • There are many highly paid jobs in the financial industry, but it requires – Ambition – Responsibility – Dedication – Hard work
