Master’s Degree (M2) in Finance, Track: Financial Markets and Risk Evaluation (FiRE)

General information

Prerequisites for enrolment: Bac + 4
Length of studies: 1 year
Internships: Yes
(Mandatory internship)

Diplôme national

Accessible as

Initial Training

Teaching languages

The programme is taught entirely in English.

What next?

Career opportunities

Presentation

The Master “Financial Market and Risk Evaluation” (FiRE) offers theoretical and practical insights on financial markets.

Theoretical insights are all the more needed after the great financial crisis of 2008 that has shown that blind applications of valuation and risk management models could prove unproductive. These theoretical insights are acquired by students with the instruction offered by world-class academics who have contributed to building them.

Practical insights are also offered to ensure that students are accustomed to the functioning and vocabulary of financial markets, the strategies of investors and the pricing of financial assets, with a particular emphasis on risk measurement and evaluation.

Director of studies

"The Master Financial Markets and Risk Evaluation offers theoretical and practical insights on the functioning of financial markets, the strategies of investors and the pricing of financial assets, with a particular emphasis on risk measurement and evaluation. The FIRE Master is fully taught in English and welcomes students with management, economics and engineering backgrounds."

Milo BIANCHI
Professor of Finance
Programme director

Goals

Students pursuing the Financial Markets and Risk Evaluation track will also learn to:

Use modelling and computational tools to price financial assets ;
Understand the functioning of financial markets ;
Identify and manage operational and financial risks.

Specificities

In your opinion, what are the strengths of the Master in Finance taught at TSM?

"Four significant points distinguish the training in the Master in Finance:

A constantly evolving curriculum
Varied teaching methods
World-renowned scientific quality
An essential balance between theory and practice"

Christophe BISIÈRE
Professor of Finance
Head of the finance department

Internships

At the end of the programme, students will undertake a compulsory 6 month internship.

Partnerships

Business partnerships

Since 2002, the following organizations have taken part in the curriculum and / or provided internships:

Airbus, Alcatel Space, Astrium, Atos, Banexi Ventures Partners, Banque de France, Banque Courtois, BNP Paribas, BPCE, Caisse des dépôts et Consignations, Calyon, Cap Gemini, Crédit Agricole, CIC, Crédit Mutuel, Dassault System, Dexia Asset Management, EADS, EDF, HSBC, LCL, EuroMTS, Euronext, Eurosport International, Finance Conseil, Lipton Informatique Conseil, KPMG, Logica, Morgan Stanley, Motorola, Natixis, Murex, Omnium Finance, Pierre Fabre, Renault, Société Générale, SGAM, Siemens VDO Automotive, Sopra Group, Steria, Talan, Thales Avionique, Valuego…

Research centers partnerships

The FiRE Master benefits from the vibrant scientific environment of the University Toulouse Capitole.

Faculty members teaching in the programme are renowned researchers from TSM Research (UMR CNRS 5303), IDEI (Institut d’Economie Industrielle), and TSE (Toulouse School of Economics). The seminars and conferences organized in these research centers are an integral part of the curriculum.

Institution partnerships

This Master is a programme in partnership with Toulouse School of Management (TSM) and Toulouse School of Economics (TSE).

Admission

Publics

Prerequisites for enrolment : Bac + 4

Required former training

The FiRE Master welcomes students with management, economics and engineering backgrounds.

Students mainly come from the Master 1 Finance, Master 1 TSE, and INSA engineering school.

Admission conditions

Internal TSM candidates

Successful completion of 240 ECTS
An English language test for non-English speakers (B2 required). List of the English language certificates accepted here.
Examination of candidate’s application and possible interview (choice of track)

External candidates (non TSM)

Successful completion of 240 ECTS
An English language test for non-English speakers (B2 required). List of the English language certificates accepted here.
Examination of candidate’s application and possible interview

Register

Applications open from February 1 to March 26, 2021.
For more information and how to apply, please visit our website: www.tsm-education.fr

Program

Semester 1

UE1 - Asset pricing
UE2 - Corporate Finance
UE3 - Information Technology for Finance:
. Introduction to SAP
. VBA for Finance
UE4 - Financial Econometrics
UE5 - Economics for Finance

Semester 2

UE6 - Asset Management and Trading
UE7 - Derivatives
UE8 - Risk Management
UE9 - Psychology for Finance
UE10 - Financial Computing
UE11 - Internship or entrepreneurial project

SYLLABUS

Prospects

Year of highschool graduation: Bac + 5

Targeted skill(s)

By the end of the Master in Finance, students will be able to:

know basic institutional and regulatory framework of finance in organisations and markets
understand the conceptual foundations and analytical methods in finance
apply analytical methods in finance to solve practical problems encountered by corporations, financial institutions and markets
critically assess the drivers of contemporary financial issues
incorporate ethical dimension and implications for sustainability in financial decisions
communicate effectively in oral and written form
work in team
solve complex problems

Students pursuing the track Financial Markets and Risk Evaluation (FiRE) will also learn to: