Master in Money and Finance

Which are the forces that cause money to change its value every second? How to control them or benefit from them? What are the reasons for inflation, deflation or hyperinflation? Why are currencies disappearing and new ones replacing them? How will the state cover its budget deficit and how will it fulfil its commitments to the European Union?

You will find the answers to these questions during your study in the Money and Finance programme.

We think of money as one of biggest inventions of mankind. With widespread use of money finance was born. Nowadays all the economies are financial. Their financial systems have grown in their size and complexity. We see a wide array of financial institutions trading in complex financial assets on interdependent financial markets with a single aim of bringing together savers and investors in their desire of making the best use of their wealth. Development of financial systems has thus become a close companion of general economic development. At the top of these financial systems are modern central banks with a difficult task of using money as a steering wheel between the dangers of inflation and recessions. Good understanding of the mechanics of financial systems is of essence. The aim of the MSc in Money and Finance at UL SEB is to provide such understanding to students whose ambitions are to as skilled as their peers on international job market. Special care is devoted to give the student a solid background knowledge of economics and quantitative tools. The growing complexity of financial markets in a globalized world is making such a knowledge a necessity for good analytical skills. Equipped with it our students will be given the opportunity to master its use in a selection of applied courses that will be offered each year.

Knowledge and skills acquired by taking this programme

In addition to topical subjects related to monetary policy, investments, as well as public and international finance, the programme gives students knowledge about analytical tools and theoretical models. All of the above provides a solid basis for decision-making as is expected from the financial economist profile gained through this study.

Organisations/institutions/companies with employment prospects

Employment is possible in companies and institutions requiring a financial economist in the general government sector (ministries, agencies, central bank) and private companies dealing in money and finances.

The Money and Finance programme is a double-degree study, offering the possibility to obtain a degree at one of our partner schools abroad. When a student completes their first year of study at the School of Economics and Business they can continue studying abroad and also defend their master’s thesis there. Ambitious students who are keen on additional research gain a proper basis for enrolment in doctoral studies.

Double degree

Students enrolled in Master programme, specialization Money and Finance, have a possibility (first year, first semester) to opt for a Double Degree programme and spend a part of their studies at partner institution based on a valid agreement/tender. Number of places is limited.

UL SEB is currently offering double degree (for specialization Money and Finance) with the following partner institution(s):

• University of Siena (Italy)
• BI Norwegian Business School (Norway)

Normally Double degree programme includes spending one year at UL SEB and one year at partner institution. After successful completion of all programme requirements student receives a master degree from UL SEB as well as a degree from partner institution.

Professions

• Financial economist
• Quantitative analyst
• Portfolio manager