The Master in Finance is a comprehensive program that covers all the important areas of finance and prepares you for the most demanding jobs in banking, consulting and asset management.
Our graduates excel in the ability to design and implement complex financial models; understand the theory and bring it to the data. They outclass their peers with a more qualitative background (like an MBA), because they can work in a wider range of positions (risk management, derivatives trading, venture capital, wealth management, etc.). At the same time, our graduates are more versatile than students with a pure quantitative background, because they can reach beyond purely technical jobs.
We believe that your time is valuable. We focus on the “hard” topics of finance because these require formal academic training and are difficult to learn on the job.
The program offers interactive classes, intensive use of advanced statistical and mathematical software, in-depth case studies, seminars by practitioners, and the support of an experienced team of career services officers.
This program requires that all entering students be able to show a solid academic background in mathematics and statistics. Proof will be required showing an undergraduate degree with a substantial number of quantitative subjects, or GRE to demonstrate quantitative ability, however the GRE is not mandatory for this program.
The master covers four areas of knowledge:
Asset Pricing and Macroeconomics
Corporate Finance and Banking
Econometrics and Data Analysis
Examples of recent Finance placements:
In the Fall term, students are required to take a mathematics, a statistics and a STATA brush-up course.
Course offer is subject to change.
|All courses are mandatory.|
|Corporate Finance Theory||6||Albert Banal|
|Asset Pricing||6||Javier Gil Bazo|
|Financial Econometrics||6||Christian Brownlees|
|Pricing Financial Derivatives||6||Eulàlia Nualart|
Electives - Select 6, 9 or 12 Credits:
|Asset Prices and Market Frictions||6||Gonzalo Rubio
|Sovereign Debt and International Financial Architecture *||3||Fernando Broner|
|Money and Exchange Rates *||3||Fernando Broner|
|Macroeconomics II||6||Danilo Guaitoli
|Stochastic Models and Optimization||3||Mihalis Markakis|
|Master Project||6||Filippo Ippolito|
|Electives - Select 12, 15 or 18 Credits:|
|Systemic Risk and Financial Crises||3||José-Luis Peydró|
|Applied Corporate Finance||3||Filippo Ippolito|
|Banking Theory||6||Xavier Freixas|
|Derivatives and Risk Management||3||Manuel Moreno|
|Empirical Corporate Finance||3||Filippo Ippolito
Javier Gómez Biscarri
|Empirical Asset Pricing and Banking||3||José-Luis Peydró
* Courses offered by other Barcelona GSE master's programs. Admission subject to approval by program directors.
Students must complete a total of 60 credits.
The Finance program brings leading practitioners to campus to speak exclusively to Barcelona GSE students.
This year's scheduled speakers (in alphabetical order) are:
FIG Team, JP Morgan
Gianluca recently joined the FIG team of JP Morgan where it covers mostly financial institutions based in Spain and Portugal. Previously, he worked in J.P. Morgan’s Acquisition and Leveraged Finance where it worked on multiple transactions across different industries in EMEA.
Head of the Monetary and Financial Statistics Division, European Central Bank
Jean-Marc is also chairman of the Working Group on Monetary and Financial Statistics which assists the ESCB Statistics Committee and co-chair of the Working Group on Analytical Credit datasets. He participates in, or chaired, various working groups and task forces such as the BIS/Committee on the Global Financial System (CGFS) on credit risk transfers and the Contact Group on Data between the ECB, European Systemic Risk Board and European Supervisory Authorities.
Executive Director, Goldman Sachs
Samad works on the Macro Structuring & Strategy desk within the Securities division in London covering institutional clients such as banks, insurance companies and pension funds across Europe and focusing on originating and executing strategic transactions. His main areas of expertise include regulatory capital optimization, asset/liability management, funding & liquidity and counterparty credit risk.
Emerging Markets Trading Desk, Goldman Sachs
Thomas currently works at Goldman Sachs on the Emerging Markets trading desk within the Fixed Income, Currencies and Commodities division, with a focus on structured credit products. His mandate encompasses Central and Eastern Europe, the Middle East and Africa.
Josep Maria Puigvert
Principal Economist Statistician, ECB Monetary and Financial Statistics Division
Josep Maria is also Secretary of the Task Force on Money Market Statistics and a project manager of the Money Market Statistical Reporting. He has also worked in the past in the MFI interest rate team, PDFs, yield curve and money market data production within MFS.
Senior Investment Officer, Financial Institutions Equity, responsAbility Investments AG
Scott has more than nine years’ experience in investment banking, capital markets, and microfinance, and has extensive emerging markets experience, including professional experience in both Latin America and Eastern Europe & the CIS. At responsAbility, Scott is in responsible for evaluating investment targets, originating transactions, conducting due diligence, executing transactions, and monitoring the financial institutions equity portfolio.
Global Head of Corporate Development, CMC Markets
As Global Head of Corporate Development, Charlie is responsible for evaluating, developing and where appropriate, executing new business for the Group. He is also responsible for evaluating and leading project management for M&A opportunities. Charlie was previously Vice President in Deutsche Bank’s Global Natural Resources group.
Director, Tyler Capital
Paul is a business strategy consultant specializing in business development and growth. He is director of three different fast-growing businesses. He has expertise in financial services and property development, business consulting, operations, governance and risk management. He has a decade of experience working in financial markets and algorithmic trading systems development.
Upon successful completion of the program, students will receive a Master Degree in Economics and Finance awarded jointly with Universitat Pompeu Fabra (UPF).
All Barcelona GSE master degrees have been recognized by the Catalan and Spanish Education authorities within the framework of the Bologna Process (in Spanish, “Master Universitario o Master Oficial”). Indicadors de qualitat