Master In Economics & Finance

COURSE PORTFOLIO
 

During the year students must take 3 mandatory core courses + 2 other core courses to choose among 4, and have access to a range of elective courses.

CORE COURSES

Compulsory Core Courses provide the fundamental building blocks in economic analysis and empirical methods essential for understanding how to go about formulating, analyzing, solving and testing an economic problem. They also provide a thorough understanding of global macroeconomic issues.

 

Students follow the 6 mandatory core courses:
 

• Behavioral Economics
• Econometrics
• Globalization and financial markets
• Industrial organization
• Seminars in Macroeconomics

ELECTIVE COURSES

Electives allow students to design their own personal curriculum to suit their career objectives.

Business Economics

Applied contemporary economics

• Business cases in behavioral economics 
• Economics of Social Networks 
• Game Theory
• Online market mechanism
• Strategic Consulting
• International Macroeconomics

Country and sovereign risk analysis

• Exchange rate economics
• Monetary policy
• Economics of Sustainable Development

Climate change economics

• Sustainable and responsible investing

Finance
 

• Economics and Management of Banks (taught in French)
• Financial Cycles and Crisis (taught in French)
• Financing Decisions of Firms
• Limits to Market Efficiency: Origins and Consequences
• Mergers and Acquisitions
• Quantitative Asset Management
• Risk Management 
• Structured financing

 

Business Analytics
 

• Business analytics using Python
• Data and decisions: applied analytics
• Introduction to data analytics using R
   

PRINCIPLES OF ECONOMICS
 

The following courses are offered to students who have no background in economics:
 

• Microeconomics
• Macroeconomics
• Financial Economics.

EXPERTS CONFERENCES

Nobel Prize winners in economics, professional economists, top bank managers and consultancy firms are invited to give lectures on important current economic issues throughout the academic year.

STUDY TRIP
 

Students have the opportunity to go on a study trip during the program, which includes company visits and networking events organized with HEC Alumni’s support.

JOB MARKET WORKSHOPS

Job market workshops aim to better prepare students for their job search and cover critical topics like CV presentation, assessment centers and interviews preparation.

MASTER THESIS

Students are required to write a master thesis during the program. They will discuss their areas of interest with the program’s Academic Directors who will direct them towards the right tutors.

PROFESSIONAL EXPERIENCE

The professional experience requirement is satisfied when the student completes a professional experience of at least 4 months in fields related to their coursework at HEC Paris. It is, however, important to stress that this professional experience may not be an internship per se.

Our policy at HEC Paris is that the best type of internship is a full-time job! We strongly encourage our students to look for permanent hiring as soon as the academic year starts.

 

LEARN LANGUAGES AT HEC PARIS

As an international business school, HEC Paris welcomes students from all over the world. Almost one hundred nationalities live on the campus. It's a fantastic opportunity to discover other cultures and to share exceptional moments, and it's important that students can communicate as much as they wish.

HEC Paris Learning Center of Languages aims at helping students to learn or strengthen any language they would like, providing a wide range of I.T. and print resources.

Students do not need to speak French to enroll in the program as all core courses and most electives are offered in English. However, some knowledge of French can be useful to enjoy the full HEC experience, become professionally bicultural and optimize networking with French students and alumni. This is why HEC Paris offers optional French language classes.

Prior to their studies, students may also register for a two week French language course (TEF certificate – all levels) in August. This is an exceptional opportunity to learn French before joining the Campus (extra fees are applicable).

CERTIFICATES

Sponsored by a company, Certificates are a set of interdisciplinary courses corresponding to approximately 100 contact hours as well as business projects and other types of field work related to a given sector. Each student selected (in the 1st semester) for a certificate will be awarded an additional HEC certificate if he/she validates all the requirements of the course.

ADMISSIONS

Master in Economics & Finance

The program welcomes high potential students and recent graduates from around the world. The initial selection is based on the evaluation of all the application elements. Pre-selected students are then invited to a challenging interview (on Skype or on campus).
 

THE PROFILE WE VALUE
 

HEC Paris welcomes applications from candidates of all nationalities. They must hold a Bachelor degree (or higher) in any discipline. Prior training in statistics and calculus is required. Previous work experience is not a requirement but can be an asset.

APPLICATION PROCESS

THE TWO-PHASE SELECTION PROCESS

 

The selection is a 2 phase process:
 

• A first selection is made based on the evaluation of your application and supporting documents.
• The pre-selected candidates will then be invited for a face-to-face or Skype interview.
   

HOW TO APPLY
 

Supporting documents to be up-loaded before the application deadline:
 

• Degree certificate(s) or current enrollment certificate
• All official academic transcripts obtained in a higher education institution (exchange programs included) with official GPA
• Résumé (CV)
• GMAT or GRE or TAGE MAGE official test score report
• English language proficiency test score report (TOEFL or TOEIC or IELTS or Cambridge)
• 2 completed online reference forms (at least one should be filled out by a professor)
• Passport-style photo
• Non-refundable application fee of €110.

FEES & LIVING COST
 

Admitted students will be asked to confirm their seats within 3 weeks after final results are announced with a non-refundable deposit of € 5,000, deducted from their total tuition fees. 

 

Remaining costs (approximately € 1,000 per month) include housing and food, compulsory insurance (health and civil liability), sports and leisure, phone and IT access.
 

 

• ACADEMIC YEAR 2022/2023 
• ACADEMIC FEES  € 31,600 
• STUDENT SERVICES FEES € 1,800
• ADMINISTRATIVE FEES € 950
• TOTAL TUITION FEES € 34,350

CAREERS

Master in Economics & Finance

Make the most of our world-class career services to fulfill your potential and achieve your objectives.
 
TOP RECRUITING COMPANIES
 

• AlpInvest Partners
• Amadeus SAS
• Arthur D. Little
• Bank of China
• Blackwell Global Investments
• BNP Paribas
• BP
• Cube Infrastructure Fund
• Deutsche Bank
• Fullgoal Fund Management Co.
• Goldman Sachs
• HSBC
• McKinsey
• Oddo Asset Management
• Procter & Gamble
• Roland Berger
• Schlumberger Business Consulting
• Simon Kucher & Partners
• Singapore Airlines
• Société Générale
• Standard & Poor’s
• Tetra Pack International
• Unibail Rodamco Graduate