• Academic programs

Master 2 Master of Science in Finance (Research Track)

General information

Prerequisites for enrolment
Bac + 4
Accessible as
Teaching languages
What next?


We are delighted that you are considering applying for our Master of Science in Finance. We are looking for talented applicants who are enthusiastic about research and genuinely intellectually curious. If this sounds like you, we encourage you to take a closer look at our programme, and we look forward to receiving your application.

The Master of Science is the first year of Toulouse School of Management doctoral programme in Management. This intensive programme creatively combines the best of theory, practice and reality-based education: graduates pursue careers in leading universities and business schools, policy-oriented institutions and private firms. We deliberately keep the doctoral programme small to allow you to work closely with your supervisor and develop interaction with all faculty members.

Students who successfully complete the first year of the programme are awarded a Master of Science and may choose to end their formal training. The goal of this one-year programme is to provide students with the quantitative, analytical and theoretical tools for a successful academic or industry-oriented career.

The course list can be split in two parts
  • intensive core courses in general management
  • in-depth courses for the chosen specialization area
The core courses bridge theory with adequate tools to understand and handle challenging real-world management issues, and unleash students’ potential, confidence and skills to develop groundbreaking ideas.

These courses are offered on-site only; no distance learning option is available.

Courses are taught only in English.

Director of studies



Prerequisites for enrolment : Bac + 4

Admission conditions

  • A Bachelor’s degree (in the US)
  • OR the completion of of a Master first year (in Europe)
  • An equivalent diploma, representing a four-year course of study in an accredited college or university
A complete Master’s degree is not required, although many applicants have a Master’s degree in such fields as management, finance, economics, psychology, engineering, and statistics. 
Application checklist:
  • Completed online Application form
  • Resume
  • Research proposal (in English, max. 6 pages, single line spacing, font size 12)
  • Transcript(s)
  • English proficiency proof (List of the English language certificates accepted, or a previous university degree completed in English)
  • Copy of ID or passport
  • EasyRecrue pre-recorded video interview
  • OPTIONAL: Reference letters
  • OPTIONAL: Research material that may support your application (dissertation, paper, research work...)


Find all the information (dates and procedures) on the 2023-2024 applications for the Master 2 Master of Science in Finance (Research Track)  on the TSM Doctoral Programme website.


Core courses
  • Learning and practice in research
  • Engaging with the scientific literature
  • Management science
  • Qualitative methods
  • Quantitative methods
  • Experimental methods
Track specific research courses
  • Advanced topics in corporate finance
  • Advancced topics in financial markets
  • Perspectives in finance
Track specific practitioner courses
  • Financial econometrics 
  • Economics for finance
  • Psychology for finance
  • Derivatives
Research training seminars
  • Managing your PhD: getting started
  • Library resources
  • What are the good academic conferences?
  • How to present a research paper?
  • International job market
  • LaTex
  • Alumni talk
  • The French cultural etiquette
  • Master thesis or internship


Further studies

If students have written a Master thesis during their Master of Science in Finance they can apply to the MPhil in Management, in order to follow the second year of Doctoral Programme.  The later years of the doctoral programme are dedicated to original research and the creation of a dissertation.

Graduates pursue international careers in leading universities and business schools, policy-oriented institutions and private firms.

Contact details

Registrar office contact details