MASTER IN FINANCIAL ENGINEERING

Intake
October 2024

Location
Africa Business School campus, UM6P, Rabat

Target
Moroccan or international candidates holding a Bachelor/License Degree, preferably in applied mathematics, statistics or computer science.

Duration
2 years

Language
English & French 

Format
In person

WHY A MASTER IN FINANCIAL ENGINEERING ?

THIS PROGRAM IS DESIGNED FOR

PROGRAM STRUCTURE

SELECTED FACULTY

LEARN MORE ABOUT THE PROGRAM

Welcome to the Master in Financial Engineering (MFE) at Africa Business School

Financial Innovations and Global Challenges: Join the Master in Financial Engineering, an exceptional program at the heart of African and global financial markets. 

The Master in Financial Engineering (MFE) is an innovative and interdisciplinary program designed to train experts capable of mastering complex financial products and supporting the development of African markets. This program will equip you with the technical skills necessary to address today’s financial challenges while placing a particular emphasis on the banking and insurance sectors, African financial markets, and the transition towards sustainable practices. 

WHY CHOOSE OUR MASTER’S PROGRAM?

  • A focus on Africa and beyond
  • The MFE builds on the emergence of Morocco and Africa in the financial sector. In addition to equipping, you with cutting-edge financial engineering skills, this program prepares you to play a key role in the development of African markets.

  • A program rooted in industry needs
  • Our curriculum evolves continuously to adapt to market demands, with updated modules in sustainable finance, data science, banking regulation, and risk management. The program is designed to prepare our graduates for the complex challenges of modern finance.

  • A network of renowned experts and practitioners
  • Courses are taught by internationally recognized professors and practitioners from prestigious institutions such as Natixis Bank and leading universities (Université Pierre et Marie Curie, Université Paris Dauphine, New York University, McMaster University, …). Our students also benefit from collaborations with the various Centers of Excellence at UM6P. 

THIS PROGRAM IS DESIGNED FOR:

Moroccan and international candidates  who hold a Bachelor’s or equivalent License Degree in mathematics, statistics, computer science, economics, or finance. 

Given the nature of our Master’s degree, basic knowledge of mathematics, probability, statistics, computer science (algorithms, programming) and databases is recommended. 

PROGRAM STRUCTURE

Semester 1

bullet  Introduction to Probability
bullet  Statistical Methods for Data Science
bullet  Sustainable Finance
bullet  Foundations of Finance and Financial Markets
bullet  Python Programming for Financial Engineering
bullet  Academic and Research Skills Development

Semester 2

bullet  Stochastic Processes and Calculus
bullet  Corporate Accounting and Finance
bullet  Optimization and Computational Methods in Finance
bullet  Actuarial Science
bullet  Digital Skills Development

 

 

Semester 3

bullet  Portfolio Management
bullet  Financial Econometrics
bullet  Asset-Liability Management (ALM)
bullet  Interest Rate Derivatives and Foreign Exchange Derivatives
bullet  Quantitative Risk Management and Regulation
bullet  Navigating Cultural Diversity in Africa

Semester 4

bullet  Students must complete an internship during the fourth semester of the program.
bullet  The internship must take place within an organization affiliated with the University or in the socio-economic environment.
bullet  Special emphasis is placed on internships in financial institutions such as banks (trading rooms, risk management departments, internal audit, ALM departments), insurance companies, asset management firms, consulting firms, etc.

SELECTED FACULTY

The faculty is made up of high-level finance research professors and senior executives experienced in financing techniques.

LEARN MORE ABOUT THE PROGRAM