ORGANIZATION AND FACULTY (QFRM)

Master in Quantitative Finance and Risk Management

ORGANIZATION

 

M1 Program, from September to June (60 ECTS, 646 h)

Download syllabus

Mathematics

  • Measure and Integration  (2 ECTS, 20 h)
  • Functional Analysis   (3 ECTS, 30 h)
  • Stochastic Processes-Discrete/Continuous Time (5,5 ECTS, 55 h)
  • Optimization (2,5 ECTS, 30 h)
  • Jump Processes and Application (3 ECTS, 30h)
  • Partial Differential Equations (3 ECTS, 30 h)

 

Calibration, Simulation and Numerical  Analysis

  • Monte Carlo Simulations (3 ECTS, 30 h)
  • Finite Difference Methods (2,5 ECTS, 25 h)
  • Calibration of Financial Models (2 ECTS, 20 h)
  • Bloomberg trading room (3ECTS, 30h)
  • C++ and Object Oriented Design (2 ECTS, 20 h)
  • VBA Programming (3 ECTS, 30 h)
  • Interdisciplinary Project (5 ECTS, 5 h)

 

Finance and Insurance

  • Introduction to Quantitative Finance (3 ECTS, 25 h)
  • Risk Management in a mono-period Financial Market & Derivatives (4 ECTS, 40 h)
  • Contingent Claims Valuation (3 ECTS, 30 h)
  • Portfolio Management and Financial Risks (3 ECTS, 30 h)
  • Mathematics Applied to Insurance (3 ECTS, 30 h)

 

French as Foreign Language

  • French as Foreign Language (4,5 ECTS, 96 h)

 

M2 Program, from September to September (60 ECTS, 670h)

 

Mathematics

  • Mathematical Statistics (2 ECTS, 21 h)
  • Mathematical Tools in Finance (4,5 ECTS, 54h)

 

Calibration, Simulation and Numerical  Analysis

  • Advanced Numerical Methods for PDEs in Finance(2,5 ECTS, 30 h)
  • Advanced Spreadsheet Programming (2 ECTS, 24h)
  • Simulations (2 ECTS, 24 h)
  • Calibration (3 ECTS, 30 h)

 

Theoretical and Practical Finance

  • Theory of Contingent Claims (4,5 ECTS, 54 h)
  • Interest Rate, Exchange and Inflation Markets (2,5 ECTS, 30 h)
  • Portfolio Managment (2,5 ECTS, 30 h)
  • Imperfect Markets (2 ECTS, 20 h)
  • Dynamic Hedging and Risk Measures (2 ECTS, 21 h)
  • Business Evaluation (2,5 ECTS, 35 h)
  • Jump Processes and Applications (2 ECTS, 21 h)
  • Careers and financial products (2 ECTS, 30 h)
  • Practical Fixed Income Management (2 ECTS, 24 h)

 

French as Foreign Language

  • French as Foreign Language (4 ECTS, 72 h)

 

Master's Thesis (9 ECTS, 150 h)

 

Internship 22 weeks from mid-April

 

TEACHING

 

The EISTI offers an e-learning site to all its students, which complements everything the students will learn through their presence and participation in class:

  • class documents, practical work and tutorials online
  • questions and discussions between teachers and students, and among students
  • a possibility of handing work in online

 

All the classes will be taught in English, with the exception of:

 

FACULTY

 

Fourteen external teachers (lecturers from universities, teacher-researchers, professors etc.), supported by a piloting committee, will bring together the training given in Cergy.

Erik Taflin                       

Yalçin Aktar                

Abdessalam El Janati    

Nesim FINTZ            

Bart George                    

Bernard Glonneau

Irina Kortchemski         

Marietta Manolessou    

Mohammed Mikou