ÉCOLE DES HAUTES ÉTUDES COMMERCIALES · CANADA
Master of Science (MSc) – Applied Financial Economics
Master's · Taught in en
At a glance
24 mo
Duration
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IELTS
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Tuition / yr
en
Language
Master's
Level
- 45 creditsProgram Size
- 16-24 monthsProgram Duration
- Full-time or Part-timeAttendance Options
- On-siteInstruction Mode
- Supervised project or thesis streamProgram Structure
- Eligible for Post-Graduation Work Permit (PGWP)Work Opportunities
This Master of Science (MSc) program specializes in Applied Financial Economics, focusing on the integration of economic theory with financial applications. You will gain expertise in understanding and applying theoretical and empirical models used in finance, with a strong foundation in economics. The program equips you with essential skills for decision-making in various organizations, including advanced micro and macroeconomic modeling, portfolio analysis, and asset valuation. A key component is the development of proficiency in statistical, econometric, and machine learning methods for business analysis and forecasting, alongside learning relevant programming and data analysis languages. The program offers personalized mentoring from renowned professors and includes opportunities for French language courses and the "Experience Québec" course to aid international students' integration into the Quebec and Canadian job markets, particularly for those choosing the supervised project stream.
Curriculum
The program comprises 45 credits and can be completed through a thesis or a supervised project stream, spanning 16 to 24 months. Note that the thesis stream is offered in French only. The supervised project stream includes 7 compulsory courses (21 credits) and specialization courses.
- Year 1 (Example for Supervised Project Stream)
- Capital Market TheoryFINA 60204A
- Real Estate and Urban EconomicsECON 60802A
- Risk ManagementFINA 60218A
Careers
Graduates of the MSc in Applied Financial Economics are highly sought after by organizations for their analytical and quantitative expertise. The program prepares students for roles requiring a deep understanding of financial and economic principles, advanced modeling, and data analysis. Practical experience through the NBI – HEC Montréal Fund and the National Bank Capital Markets trading room further enhances employability. The program also serves as a strong foundation for students interested in pursuing research careers.
- Arbitrage advisor – bonds
- Economist
- Financial analyst
- Quantitative analyst
- Senior analyst
Entry requirements
Bachelor's degreeA bachelor's degree is required. Specific undergraduate fields are not detailed, but a strong quantitative background is implied given the program's focus.
IELTSNot specified
TOEFLNot specified
The thesis stream is offered in French only. Details on specific academic prerequisites and English language proficiency requirements are not fully provided on the program page but are typically available through the university's admissions section.
Fees
Tuition (international)Not specified
Tuition (home)Not specified
LivingNot specified
Tuition fees and estimated living costs for international students are not detailed on the program page. Please refer to the university's official tuition and fees section for current information.
How to apply
1. Apply for AdmissionSubmit an online application through the HEC Montréal admissions portal.
2. Select Program StreamChoose between the thesis stream (in French only) or the supervised project stream.
3. Complete ApplicationProvide all necessary academic transcripts, letters of recommendation, and other required documents.
Scholarships
NBI – HEC Montréal FundManaged by students
Accreditation
Not specified