Everyday work in many companies, financial institutions and government agencies involves making decisions about financial matters, where you as an employee or consultant with a specialist knowledge will advise on these decisions. After graduation, you will typically be employed at a finance department in a larger company, perform various job functions in banks and other financial institutions as well as work broadly in the consultancy business. Occasionally, the decisions may be of a longer-term nature, such as business acquisitions, where you can contribute with your expertise regarding company valuation. Another example involves advisory of wealthy clients on their investments in e.g. stocks and bonds.
With a MSc. degree in Finance, you gain in-depth theoretical knowledge and learn specific quantitative tools to be able to engage in the valuation of companies and typical securities such as stocks, bonds, swaps and futures, all of which are valuable skills for portfolio managers, advisors, and consultants. At the same time, you will gain knowledge about the pivotal control of the risks associated with, for example, international trade in goods in foreign currencies and securities trading. The MSc. program in Finance at Aalborg University is characterized by an application-oriented approach, where we use, e.g., case studies, study practical problem formulations and work on various projects.
During the first semester of the master program, we establish a foundation for the later subjects in the form of a further introduction to finance ('Principles of finance') and an introduction to quantitative methods in finance. During the second semester, we address financial issues from a business perspective in the course 'Advanced corporate finance.' More specifically, we address the valuation of companies and companies' optimal capital structure at a higher level. Concurrently, in ‘Financial derivatives,’ we study financial derivatives such as options, futures and swaps, while the course ‘Empirical finance’ deals with empirical pricing of financial assets, return forecasting and modeling of risk premiums.
The third semester includes the course ‘Risk management’, but at the same time offers an opportunity to write a project in collaboration with a company, or to focus on a research problem in the literature or to test it empirically.
The 4th semester wraps up the study with a final thesis.
Along the way, there is a possibility for further specialization in the form of electives in portfolio theory, international finance, mergers and acquisitions, asset management, as well as advanced bond theory and derivatives.
The program aims to provide extensive opportunities for practical application both in relation to the student projects, as well as involvement of business executives, guest lecturers and the like.