Finance is one of Paris-Dauphine’s leading fields of study. Our Master’s in Finance, with numerous areas of concentration in Year 1 and several fields of study in Year 2, is considered a reference in France and Internationally.
Whether they choose Full-Time study, Executive Education, or Apprenticeship, students receive comprehensive training that prepares them for key roles in finance.
Degree Level : Baccalaureate + 5
Dauphine Master's: French Grand Etablissement Master's Degree
Program Duration: 4 semesters (not including an interim year)
Number of ECTS Credit points: 120
Program Head: Delphine LAUTIER, Professor
Contact : florence.parent @ dauphine.psl.eu
Click on the links below to browse 1st year core curriculum and 2nd year specialization streams:
Master’s Year 1 – core curriculum
Master’s Year 1 and 2
Master’s Year 2 – specialization streams
We advise students who have completed Year 1 of the program to take an interim year before beginning Year 2, in order to gain real-world experience, refine their career projects, and strengthen their résumé. The interim year gives students the opportunity to effectuate internships in France or abroad, in relation to the Master’s curriculum and their choice of specialization.
During their interim year, the teaching team provides students with close supervision and advisory, as well as information about careers in Finance.
Full-time students complete their Master’s in Finance over 2 academic years. Year 1 is devoted to the program’s common core curriculum. The first semester focuses entirely finance fundamentals, giving students the solid foundation they need before a second semester on international exchange. The Paris-Dauphine International Office coordinates international academic exchange with our partner universities.
2nd Year students who choose to specialize Real Estate Management, Asset Management, or Investment Banking and Capital Markets can opt for the apprenticeship track.
2nd Year specializations in Finance, Banking and Finance, Advanced Finance, Financial Markets, Asset Management, Real Estate Management, and Audit & Financial Advisory are open to Executive Education students.
The Master’s in Finance faculty is comprised of:
Delphine LAUTIER, Professeur des Universités,
Responsable du Master Finance 1ère et 2ème année et du parcours Research in finance
Hervé ALEXANDRE, Professeur des Universités,
Responsable du parcours Banque et Finance
Hamza BAHAJI, Professeur associé,
Responsable du parcours Banque d'investissement et de marché
Denis BURCKEL, Professeur associé,
Responsable du parcours Management de l'immobilier Campus de Paris et de Casablanca
Serge DAROLLES, Professeur des Universités,
Responsable du parcours Parcours International (Tunisie) - 1ère année et 2ème année
Frédéric GONAND, Professeur associé,
Responsable du parcours Assurance et gestion du risque
Elyès JOUINI, Professeur des Universités et
Marie-Aude LAGUNA, Maître de Conférences
Responsables du parcours Gestion d'actifs (Asset management)
Hubert DE LA BRULERIE, Professeur des Universités,
Responsable du parcours Management financier de l'entreprise
Gaëlle LE FOL, Professeur des Universités
Responsable du parcours Financial Markets
Juan RAPOSO, Maître de Conférences
Responsable du parcours Finance - 1ère année en formation initiale ou en formation en alternance
Olivier RAMOND, Professeur des universités,
Responsable du parcours Audit et financial advisory (229)
Fabrice RIVA, Professeur des universités
Responsable du parcours Finance d'entreprise et ingénierie financière (225)
Average job search duration after graduation
First Job employment rate
Average annual gross salary
Source: Paris-Dauphine Master’s Graduate Employment Survey for the Class of 2015, carried out in collaboration with Pluricité, a consulting group specialized in public policy assessment, between January and March 2017.
Jérémy GABAY, FX Sales-Trading, Barclays Wealth
Master’s in Asset Management – Class of 2007
"Following a generalist business degree from EDHEC, the Master’s in Asset Management (222) was gave me the specialized, career-oriented expertise I was looking for. The program is truly excellent."
Flavien DOUETTEAU, ALM Manager, BNP Paribas
Master’s in Asset Management – Class of 2008
"Paris-Dauphine’s Master’s in Asset Management (222) provides a perfect mix of academics and professional experience. The Apprenticeship track made it possible for me to get to know the world of finance while acquiring all of the theoretical foundations, skills, and tools I needed for my future career."
Anais DOVI, Cash Equity Sales, Merill Lynch
Master’s in Asset Management – Class of 2008
"The Master’s in Asset Management (222) provided me with a comprehensive view of Asset Management, combining theory with practice. It gave me a definite competitive advantage at the start of my career. The breadth and depth of the curriculum guarantees our success."
Paul KAREHNKE, Assistant Professor, University New South Wales, Sydney
Master’s in Finance – Class of 2010
"I entered Year 2 of the Master’s in Finance program after completing Year 1 of a Master’s in Applied Mathematics at Paris- Dauphine. My goal was to go on to a PhD in Finance. The Master’s curriculum gave me a clear idea of what research would entail, and the program’s individual academic advisory helped me find a thesis supervisor and a topic that fit my interest in market finance. The program’s international network made it possible for me to organize a co-supervision for my PhD with Tilburg University. The Master’s in Finance program opened the door to an international academic career."
Sébastien BARDY, Head of Corporate Finance at Allianz France
Master’s in Insurance and Risk Management – Class of 2003
"Before entering the Master’s in Insurance Management and Risk (218), I did undergraduate work in Applied Mathematics (ex DEUG MASS) and a Master’s in Accounting and Finance (ex MSTCF now Master’s in Accounting, Control & Audit), at Paris-Dauphine. I have been a Chartered Accountant since 2013. [...] The Master’s in Insurance and Risk Management provided me with a solid general background in Insurance along with the professional tools I needed to succeed. It gave me a clear competitive advantage for my first job at PwC in their insurance sector."
Alexandre DE NAVAILLES, Directeur Général de Hertz
Master’s in Finance – Class of 1997
"I did my undergraduate and graduate studies at Paris-Dauphine: a DEUG MASS, DEUG GEA, and an MSG in Finance/Tax,
My fondest memories are from my student club and volunteer activities (I was an active member of one of the University’s emblematic student associations).
My time at Dauphine taught me to be self-reliant, independent, and resourceful. Paris-Dauphine also gave me real management expertise – Accounting, Tax, Control ... I believe that I came away with stronger skills to start my career than many students who graduated from more commercially- oriented business schools.
Today, I see Paris-Dauphine as a very open, international university, that without a doubt offers some of the world’s top and increasingly renowned academic programs."
Myriam DURAND, Responsable du bureau de Paris de Moody’s France
Master Finance – Promotion 1991
"Après Sciences Po, j'ai rejoint le DESS Banque et Finance de Paris-Dauphine. Je garde le souvenir d'une université très vivante avec un enseignement solide. Certains de mes camarades m'ont fait découvrir le monde des associations de Dauphine et je me souviens d'une énergie formidable.
Paris-Dauphine est connue et reconnue pour ses enseignements en finance. Dans mon parcours professionnel, j’ai pu constater que sa réputation reste aujourd'hui largement méritée et beaucoup de mes collaborateurs chez Moody’s ont suivi une formation à Paris-Dauphine.
Aujourd’hui, l’image que j’ai de Paris-Dauphine, est celle d’une université qui a su conserver une forme de simplicité et de convivialité."
Our dynamic alumni-driven networks are open to Paris-Dauphine students from day 1. They offer you the perfect ecosystem for building professional ties and relationships that will benefit you as students, as graduates, and throughout your careers, be it in business, civil service, or as entrepreneurs.
Academic, institutional, and corporate partnerships in France and internationally ensure students both a global and real-world perspective> More about
Paris-Dauphine is home to some of France’s top research centers and PhD programs in its fields of expertise> More about
The program is open to French and international students who hold a Bachelor’s degree (Bac +3 - 180 ECTS) in Management, Economics, Accounting, or Applied Mathematics from Université Paris- Dauphine, Institut Tunis-Dauphine (ITD), other universities, or a degree officially recognized as equivalent from a Business School, Engineering School, Grande École, or Grand Établissement.
Current Paris-Dauphine students applying to Year 1 of the Master’s in Finance program: click here for admissions prerequisites.
Your transcript for the Baccalaureate, Bachelor’s Degree or other university-level degrees
A résumé including all of your professional experience, spoken and written languages, and extra-academic activities
A motivation letter (for those considered admissible)
Admissions for the 2019-2020 academic year will open on
January 29th 2019