Professor Sergio Focardi, the director of the programme and researcher in the Finance Laboratory at the Pôle Léonard de Vinci, presents the fundamentals of the MSc Investment Banking and Risk Management programme.
The financial crisis of 2007-2009 has raised new issues in the management of financial risk and has created new challenges for all players in the financial services sector. Banks, investment managers and other financial services firms need to gain better control of their financial risks. Market participants and researchers from academia need to apply a multidisciplinary approach to finance and economics.
The purpose of the MSc IBRM programme
The financial crisis that started in 2007 has considerably changed the methodologies of finance, especially as related to risk management. Financial firms have to cope with new regulations aimed at protecting investors and reducing systemic risk, as well as with new internal demands for risk management. Both require increased mathematical competence as well as a clear understanding of economic phenomena. Our Master programme addresses these needs.
The requirements of the MSc IBRM programme
The MSc programme was conceived for persons with a degree in engineering, economics,mathematics or physics wanting to work in financial institutions and, in particular, in the growing area of risk management.
The programme focuses on risk management techniques, including market and credit risk as well as the developing area of systemic risk/developing areas such as systemic risk.
Of course students applying for the programme should have acquired, in their undergraduate work, the knowledge-base necessary to successfully complete the program.
We also expect students to be highly motivated and focused on acquiring the risk management techniques and more in general the modeling/quantitative metholodogies that allow them to successfully vie for jobs in a sector/an environment that is very competitive but also very rewarding, intellectually and financially speaking.
The added-value of the MSc IBRM programme
As mentioned above, there is a growing demand for risk management, not only inside banks and at investment management firms but also among insurance firms and, more in general, inside the finance arm of corporations.
Students of the programme will learn state-of-the-art risk management methodologies that will allow them to compete for jobs in this dynamic area.
In addition, students of the programme will benefit from being exposed to advanced research, thanks to a faculty that includes professors with an established international reputation in the field.
The programme is designed to ensure that students have access to both academic excellence and real-world experience. For this reason, teachers will include De Vinci faculty augmented by leading academics from other institutions as well as persons from industry.
The De Vinci faculty includes professors that teach at or have research collaborations with prestigious universities worldwide, such as Princeton University (USA), the University of New York at Stony Brook (USA), the University of Technology Sydney (Australia) and the University of Padova (Italy).
The expertise acquired by students
Students having completed the programme should have mastered the modeling techniques required in the exercise of quantitative finance, useful not only in financial risk management but also in portfolio management. In addition, they will have learned how these techniques respond not only to regulation but also to the needs of industry.
For more information about the programme, please send an email to firstname.lastname@example.org
Come and meet us for a conference about the programme on December 10th 2015