GRADUATE PROGRAM (MSc)
IN BANKING AND FINANCIAL MARKETS
Department of Banking & Financial Management
University of Piraeus
The new Graduate Program in Banking and Financial Markets, conducted in the English language, addresses pressing topics in modern economies and it is designed to satisfy the needs of professionals at all levels. Whether individuals work in a banking institution or any other financial firm or run their own business, this program will provide the knowledge and skills to keep them current with the latest developments in Finance. The effectiveness of this program rests on its successful combination of the academic and professional abilities of its instructors and the ample interaction of students and instructors. The program offers a Master’s in Finance degree that covers best practices in various financial disciplines (described below) and adds a valuable credential to your resume.
This English version of the graduate program in Finance suits those who are:
- Graduates with professional experience in the financial sector
- Managers or accountants in the public or the private sector of the economy
- Graduates contemplating a career in the banking and financial services industry
- Finance professionals (like corporate treasurers, accountants) who deal with the financial services industry
The program also includes the initiation of collaborations with Departments of Finance at foreign universities, rendering the capacity of instructors to offer the program’s courses abroad.
The minimum entry requirements are:
- An undergraduate degree of good academic standards
- TOEFL test (minimum 88-Internet based)
- IELTS test (minimum 6.5)
- GMAT test (minimum 550)
Scores should be sent directly to the department. Classification code for TOEFL is 4142 and for GMAT is Z5C-QH-32.
Eligible to apply are graduates of all foreign and domestic Higher Education Institutions. Foreign applicants, in order to be accepted in the program, must apply to the Hellenic NARIC [National Academic Recognition Information Center] in order to get an official recognition of their undergraduate degree (please see the website of Hellenic NARIC http://www.doatap.gr). At the time of application, the candidates must provide Number of Protocol of their application to the NARIC. Applications can be submitted from February 1st to May 31th, 2012 (post stamped). Classes will begin on September 1st, 2012. The minimum annual number of students for the Program to start is twenty five (25).
The tuition fees are 6,000 Euros and the cost for housing and meals is estimated to be about €6,000 for the full academic year.
OFFICIAL LANGUAGE OF THE PROGRAM
The program design allows ONLY the enrolment of full-time students. They complete the course requirements in two consecutive semesters (one academic year). All students enrolled in this Master’s Program must successfully complete the four (4) core courses in the first semester and the four (4) elective courses in the second semester. Finally, they start write their thesis in the second semester (which continues during the summer time), when a common set of financial and computational courses are offered. In each course, students will have the experience solving case-study problems and make presentations. Elective courses would be offered when at least ten (10) students sign up.
1st SEMESTER: CORE COURSES (3 hours per week-total 30 hours)
- Quantitative Methods in Finance
- Financial Markets, Institutions and Instruments
- Financial Theory
- Governments, Financial Markets and the Macroeconomy
2nd SEMESTER: ELECTIVE COURSES (3 hours per week-total 30 hours) PLUS THESIS
Five courses must be selected of which no more than two courses can be selected per topic area:
ECONOMICS AND FINANCE
- Economic Analysis of Financial Intermediation & Regulation
- Advanced Topics in Macroeconomics
- Financial Decisions for Better Competitive Strategies
- Behavioral Finance
- Financial Engineering
- Corporate Finance
- Corporate Governance
- The Legal Environment of Financial Markets
- Portfolio Management
- Mergers and Acquisitions
- Special Topics in Finance: Real Estate Financing & Investments, SME Financing
- Security Analysis & Investments
- Theory of Asset Pricing
- Bank Strategy and Performance
- Special Topics in banking: Investment Banking, Private Banking, Household Financing
ECONOMETRICS & QUANTITATIVE FINANCE
As part of the graduate program, students are expected to produce a thesis, which would utilize the material covered in the courses. The thesis can be either theoretical or applied and should have an approximate length of 11,000 to 22,000 words.
Annual tuition fees amount to 6,000 euros. Overseas students as well as Greek students in areas away from Piraeus will also have to pay accommodation fees on their own.