Main Goals

The main goals of this Master can be summarized in the following points: mastering the basics of finance, focusing particularly on financial markets, utilizing the financial management methods, applying quantitative methods to understand the working of financial markets, being specialized in Basel II.
Job Opportunities
Traders, sales, financial analysts, operators in middle and back offices

Targeted Audience

This Master is devoted to the students who already have a B.A. in economics (or one of its sub-fields) and want to extend their knowledge and gain job opportunities in marketplaces.

Curriculum

• Financial Instruments

The major features of financial instruments that are traded in organized markets as well as those traded in over-the-counter markets.

• Computational Finance

This course develops the computational finance techniques that are used for the pricing of financial instruments.

• Financial markets

       The aim of this course is showing the role of financial markets through the explanantion of informational and allocation efficiencies, alongside with the interpretation of the information arising from the financial data. 
   

• Risk Management

This course encompasses Basel II framework in the context of risk management in the Tunisian economy.

• Portfolio Management

           
This course develops the portfolio management theories and their empirical counterparts. It starts with Markowitz’s mean-variance approach and embeds the most advanced theories in the field.

• Management of Raw Materials’ Prices

This course deals with the management of the volatility of raw materials prices (oil, barley, etc.) and discusses the techniques for the alleviation of such risks.

• Financial Instruments : analysis and valuation

This course centers at the valuation and analysis of financial instruments of all kinds : bonds, equity, options, warrants, etc.

• Valuation of new financial instruments

This course presents the models developing the financial instruments allowing the implementation of hedging strategies against stocks volatility. Mastering the models underlying these new financial instruments (basically, Black-Scholes-Merton formula).  

• Financial markets legislation

The different aspects of acts organizing the financial markets and their impact on corporate wealth and risk.

• Parctical cases

          The practical cases are illustrated through real-world data.

• Banking Techniques

        This course deals with the alterations affecting the banking techniques, especially in the light of the Internet technologies and the New Economy challenges.

• Insurance Techniques

Insurance companies as financial intermediaries are studied, along with the role of its traders.

• Financial Intermediation

The changes affecting the role of financial intermediaries are studied. Indeed, this course embeds these changes to understand the new behavior of financial intermediaries, particularly in the framework of Basle II and the cyber-technology.  

• Computerized applications and NTIC (New Information and Communication Technologies)

This course analyses jointly the role of new information and communication technologies in shaping the new context of corporations. Many computer applications are used for corroboration.

• Financial and Accounting Packages

Introduction to Risk Metrics, Credit Metrics, Bloomberg, Reuters, Condor, etc.

• Three-month training

The professional training period lasts three months in a privately-held or publicly-traded corporation.

• A dissertation

           The dissertation must focus on a recent topic that is simultaneously related to theory and practice.