Language
English
Tuition fees*
Nacional: 1500€
International: 5000€
CPLP International: 2750€
Schedule
Mainly daytime programme
Duration
2 years
* Tuition fees for the academic year 2023/24 (Full Tuition Fee). More information here.
Director of the Master in Finance
Masters > Master in Finance
1st Year
| 1st Semester | |
|---|---|
| Name | Credits |
| Theoretical Foundations of Finance | 6 |
| Markets and Financial Investments | 6 |
| Econometric Methods | 6 |
| Corporate Finance | 3 |
| Business Valuation | 3 |
| Seminars I | 3 |
| Project I | 3 |
| 2nd Semester | |
|---|---|
| Name | Credits |
| Modelling and Data Analysis I | 3 |
| Ethics and Corporate Governance | 3 |
| Mergers, Acquisitions and Restructuring | 3 |
| Derivatives | 3 |
| Fixed Income Securities | 3 |
| Seminars II | 3 |
| Project II | 3 |
| Optional course units to be chosen from a cast fixed annually by the Scientific Council, such as:
Real Options |
9 |
2nd Year
| 1st Semester | |
|---|---|
| Name | Credits |
| Research Methodology | 3 |
| Risk Management | 3 |
| Modelling and Data Analysis II | 6 |
| International Finance | 3 |
| Seminars III | 3 |
| Project III | 3 |
| Optional course units to be chosen from a cast fixed annually by the Scientific Council | 9 |
| 2nd Semester | |
|---|---|
| Name | Credits |
| Dissertation/Work Project/Internship | 30 |
Masters > Master in Finance
Target group
The candidates should have a bachelor´s degree in Management, Economics or in a related field and be fluent in English. The programme is suitable for those wishing to acquire the skills necessary to develop a career in Finance. It also suits those who require adequate scientific training in order to pursue more advanced graduate studies in Finance. Professional experience is not a prerequisite. The candidates should be available for a full-time programme.
Student profile
Data referring to the 2022/2023 academic year.
Masters > Master in Finance
Career Opportunities
The Master in Finance provides students with important skills to pursue a successful career in finance, both at a professional and academic level. In particular, MIF students are prepared to work in:
- Investment banking
- Commercial banking
- Fintech
- Insurance companies
- Manufacturing organizations, in the area of financial management
- Etc.
Masters > Master in Finance
Rankings
In June 2022 FEP’s Master in Finance was, for the first time, listed in the prestigious ranking “Masters in Finance 2022”, of the Financial Times (FT), entering directly to the TOP 50. The programme occupies the 49th position worldwide in this exclusive ranking for finance programmes, one of the most influential among economics and management schools worldwide, and stood out as the best programme in Portugal and the seventh best worldwide in terms of return on academic investment (value for money rank).
The Master in Finance is in the 24th place in the Eduniversal Best Masters Ranking 2022 of the best programmes in Corporate Finance in Western Europe. The Master is also ranked 101st-110th in the QS Business Masters Rankings 2023, which lists the best programmes in finance in the world.
The Master in Finance has been accepted into the CFA University Affiliation Program. This status is granted to institutions whose degree programme(s) incorporate at least 70% of the CFA Programme Candidate Body of Knowledge (CBOK), recognizing programmes that provide students with a solid grounding in the CBOK and positions them well to sit for the CFA exams. The Master in Finance is entitled to award three CFA Programme Awareness Scholarships to students each fiscal year, as detailed in the Awareness Scholarship Official Rules of the CFA Institute.
Double Degrees
Upon selection process, the students from the Master in Finance have the possibility of doing a double degree in two renowned schools – Kozminski University (Poland) and Prague University of Economics and Business (Czech Republic).
Masters > Master in Finance
Testimonials
“The Master in Finance at FEP is an internationally recognized programme for its innovative approach to the teaching of Finance. The programme is part of a broader academic ecosystem (UPorto) which is truly stimulating. The faculty of top-notch quality and the talented pool of students make the MiF experience a continuous though-provoking challenge. The master’s structure is flexible, allowing students to fine-tune their pathway according to their own preferences. Thus, the MiF is a programme suited both to students with the goal of following a professional career in the world of financial markets as well as to those who wish to follow an academic route. At FEP, you will find a unique programme that fully prepares students to become leaders of exceptional quality”
“Thanks to the Master in Finance at FEP I had my biggest learning curve – not only studying the theory, we were forced to put this into practice. All the assignments we had to do, it comes out, are done in the real world in most cases. Even though the professors are top of their field, they are approachable and even more – very motivating in the sense of how dedicatedly giving their lectures. I am grateful for this opportunity. It gave me the confidence to start my career in a way to speak up for new ideas and taking opportunities to learn every day as much as possible. Undoubtedly, I would not be here where I am right now without the degree and most importantly, not heading to achieve bigger goals.”
Masters > Master in Finance
Other information
More information here.
More information here.
More information here.
What is a Euro worth? The market value of cash of Eurozone firms (Miguel Fernando Taveira Guimarães)
The Impact of the CEOs Remuneration on Firm Performance during the 2011/2012 Financial Crisis – The Portuguese Case (Joana Carlos Martins Real)
The Venture Capitalist Investment Decision: A Dynamic Real Options Approach (Ricardo Jorge Maia Ferreira)
R&D, Managerial Effort Allocation and Agency problems: a Real Options approach (Nuno Filipe da Rocha Borges)
IPO vs Private Equity: analysis and comparison of firms in a pre-IPO/buyout stage (João dos Santos Romariz)
Venture Capital Exits in Europe: Joint analysis of Exit Route and Timing (Andrea Pärtelpoeg)
Stock market reaction to Brexit announcements: Evidence from a natural experiment (Sílvia Moreira dos Santos)
Psychological Barriers in Three Markets with Different Profiles: ADR, ETF and Cryptocurrencies (Vítor Nuno da Costa Azevedo Fonseca)
A Credit-Scoring Model for Banco L. J. Carregosa, S.A. (Daniela Nikaitow de Oliveira)
A principal component approach to measure investor sentiment and its impact on underpricing (Ana Filipa Prozil Pinto)
Financial Literacy Levels of Small Businesses Owners and it Correlation with Firms’ Operating Performance (Tânia Isabel Mendes Fernandes)
The 2008 Financial and Economic Crisis and its Effects over the Footwear Industry in Portugal (Tânia Sofia Santos Pinto Ferreira)
Master in Finance dissertations from FEP have won the last two editions (2016 and 2018) of the CMVM (Portuguese Stock Exchange Commission) José Luis Sapateiro Award for the best national master dissertation in Finance.
During the Master in Finance at FEP, students attend a large number of seminars presented by Finance professionals thus having a first hand contact with the corporate and professional worlds of finance. Examples of recent speakers in the programme include Filipe Portela (Seedrs), José Maria Rego (Raize), Rui Fontes (Novo Banco), Luis Paiva de Sousa (Pictet Wealth Management), Hugo Marques (Deloitte), José Redondo (Bial), Henrique Cruz (Instituição Financeira de Desenvolvimento), Filipe Garcia (IMF), Paulo Pina Pires (Devexperts Portugal), João Amaro (inter-Risco), Pedro Costa (Morgan Stanley), Vitor Fernandes (Parfois) and Frederico Rangel (Cabelte and Oxy Capital).
In addition, students have the opportunity to present course assignments to a panel of professional financial analysts during the programme.
Master in Finance students can also apply to the QTEM programme and not just experience a stay in up to two partner schools but also engage in an internship with one of the international corporate partners of QTEM. Students may also participate in QTEM Data Challenge competition where they will be engaged in international teams that will address a real analytic corporate challenge suggested by a large international company.
Students also benefit from the possibility of corporate internships at the end of the programme, as an alternative to a final dissertation, to complete their degree.