MASTER’S IN FINANCE & BANKING — FINANCIAL ANALYSIS SPECIALIZATION
A strategic program designed to build your future in financial engineering and risk analysis.
Un cursus flexible, étudiez dans la langue de votre choix : Français ou Anglais
Level : Master’s Degree
Duration :4 Semesters (2 years)
Prerequisites : Bachelor’s degree (Bac+3) or above
Program Objectives
This program prepares immediate-operational experts capable of meeting market demands across fields such as investment banking, financial institutions, insurance, and wealth management advisory.
Career Prospects
Upon completion, graduates can hold high-responsibility roles in the financial sector, including:
- Corporate Client Relationship Manager
- Financial Analyst
- Wealth Manager
- Treasury Manager
- Wealth Advisor
- Financial Engineer
Skills Developed
This master's program enables students to acquire advanced skills:
- Mastery of financial and strategic business diagnosis
- Business valuation and understanding of complex financial structures
- Portfolio management and financial performance measurement
- In-depth knowledge of capital markets and derivative products
- Mastery of credit risk analysis techniques and ALM (Asset-Liability Management)
- Use of scoring tools, financial software, and quantitative methods
- Design of optimized investment strategies
- Knowledge of taxation related to financial and real estate products
- Preparation and presentation of financial analysis reports
- Mastery of business English and the soft skills required in international professional environments
Curriculum by Semester
Semester 1 — Fundamentals of Economic and Financial Analysis
- Banking & Insurance Microeconomics
- Microeconomics of Uncertainty
- In-Depth Financial Diagnostics & Case Studies
- Corporate Financing Policy
- Derivatives & Risk Management
- Financial Markets
- International Economics
- Business English
- Corporate Financial Theory
- International Taxation
Semester 2 — Expertise in Valuation, Risk & ALM
- Economic Risk Analysis
- Financial Institutions Law
- Business Valuation
- Asset-Liability Management (ALM)
- Portfolio Management
- Bond Management
- Business Plan
- Business English
- Communication & coaching
- Tax Incentives
- Introduction to Quantitative Finance
Semester 3 — Quantitative Finance and Financial Engineering
- Applied Quantitative Techniques
- Specialized Software: VBA & Finance
- Financial Engineering
- Financial Policy & Hybrid Financing
- Value Analysis and Governance
- Private Equity
- Business English
- Career Management
- Data Analysis & Credit Scoring Application
- Internship Report Methodology
- Integrated Taxation Case Studies
Semester 4 — Professional Internship
- 4-week company internship
- Writing and oral defense of an applied internship report
Partnerships & Professional Immersion
Students in this master's program benefit from privileged access to major players in finance and insurance through:
- Supervised internship opportunities in insurance companies, commercial banks, consulting firms, and asset management companies
- Presentations by industry professionals, incorporated into courses and seminars to enhance the training.
- Real case studies provided by our partners, for strong grounding in professional reality
- Supervised internship opportunities in insurance companies, commercial banks, consulting firms, and asset management companies
















Practical Information
Mandatory Internship
Minimum 14 weeks
Languages of Instruction
French & Professional English
Campus
ESPAF Business School, Tunis
