Master’s programme in Finance
MSc in Finance | 1 year | 60 credits
In this high speed, high learning programme you will gain solid knowledge on the broad finance area. The programme comprises a total of 60 ECTS, consisting of seven compulsory courses covering theories, research methods, and applications in finance. At the end of the year you apply your new skills and knowledge set in completing a degree project of 15 credits.
Autumn semester (September - October)
Beginning with a microeconomic foundation to finance, the course provides an in-depth analysis of portfolio choice and equilibrium pricing of financial assets.
Course code: NEKN81 | Download syllabus
The course covers mathematical and statistical techniques that have immediate applications in finance. It is designed to equip students with relevant knowledge of methods for univariate and multivariate cross-sectional and time-series analyses and the ability to apply them to finance problems.
Course code: NEKN92 | Download syllabus
Autumn semester (November - January)
The course provides an advanced, organised, comprehensive, and, in particular, applied coverage of corporate finance. Topics covered include capital, cash, and risk management, corporate governance and ownership, and corporate control and financial restructuring. Cases are used extensively to provide understanding of how to apply theory.
Course code: NEKN93 | Download syllabus
The course covers empirical models in finance. It begins with an overview of more advanced econometric techniques, such as maximum likelihood and GMM. The course then deals with applying econometric techniques to test financial models, such as tests of information efficiency, market microstructure models, event studies, asset pricing, and pricing of fixed income instruments.
Course code: NEKN82 | Download syllabus
Spring semester (January - March)
The course provides students with knowledge about corporate valuation. The Discounted Cash Flow-model and its practical applications are covered in depth. The course also deals with the multiples-based approach for valuation (relative valuation). Building on these frameworks, the course then covers corporate decision-making based on valuation principles. The course emphasizes skills in Excel-modelling to support valuation. During the course, students complete a full valuation of a real-world company.
The course develops the students’ understanding of models for financial risk management and their ability to apply these models to real world problems. The course deals with topics such as the measurement and management of credit risk and Value-at-Risk, and the implications of the Basel regulations. The course also covers standard and complex derivative instruments in the markets and the application of these instruments for risk management.
Spring semester (April - June)
In the project paper, students should display their ability to apply, compile, and advance knowledge and skills acquired during the previous courses. Through the project students should demonstrate their ability to identify, analyse, and solve financial problems and to evaluate, present, and document their results.
This is a preliminary course list, and is intended as guidance only. The course list may be subject to change.