MSc in Financial Economics

STARTS WITH KNOWLEDGE. LEADS TO SUCCESS

www.ism.lt

MSc in Financial Economics in Minsk •  ISM university (Vilnius) joines

forces with BEROC and IPM Business School

•  Two year program •  Strong curriculum of 20+ courses

•  Classes are 17:45-21:00

•  5 courses to be taken in Vilnius •  September 2014

STARTS WITH KNOWLEDGE. LEADS TO SUCCESS

About ISM

Master of Sciences in Financial Economics:

•  Two-year, research-based graduate

programme taught entirely in English

•  No.3 in Economics field in Eastern Europe (Eduniversal)

STARTS WITH KNOWLEDGE. LEADS TO SUCCESS

•  Leading private university in Lithuania

•  Founded by BI Norwegian Business School

•  Highest ranking in Lithuania according to Eduniversal business school ranking

MSc in Financial Economics: Two pillars STARTS WITH KNOWLEDGE. LEADS TO SUCCESS

Finance Portfolio Management

Risk Management Financial Derivatives International Finance

Financial Intermediation Advanced Corporate Finance

Economics Microeconomic analysis Economics of Strategy

Advanced Macroeconomics Monetary Policy

Behavioral Finance

Mathematics & Research Research Methodology Time Series Econometrics Mathematical finance Financial Econometrics

Master Thesis

Financial Economics (Asset Pricing)

Lecturers •  Researchers (PhD):

–  Arturas Rozenas, PhD, Duke University

–  Bogdan Stacescu, PhD, BI Norwegian

- BEROC faculty

•  Practitioners: –  Michel Verlaine, Ph.D.

(consulting)

–  Dr. John Clinebell (portfolio management)

–  Ana Jolovic (financial management)

–  … and many others

– 

STARTS WITH KNOWLEDGE. LEADS TO SUCCESS

Master Theses Examples of Master Thesis topics: §  Credit default swaps as hedging instruments

against banks’ stock price fluctuations before and during financial crisis (A. Volosenikina, 2010)

§  Countercyclical capital buffer add-on: Impact for locally and internationally orientated banks during recent boom-bust cycle in nordic-baltic region (G. Ziliute, 2011)

§  Forces influencing sovereign spread of Lithuania (J. Mikelionis, 2012)

§  The spillover effects of bank restructuring on financial markets (T. Bartuseviciute, 2012)

§  Liquidity and Investor Transaction Behavior: NASDAQ OMX Baltic (N. Filatova, 2012)

STARTS WITH KNOWLEDGE. LEADS TO SUCCESS

Structure of the Program § Four semesters:

§  Three semesters of courses §  One semester for Master Thesis

§ Classes are §  17:45-21:00 §  Three-four times a week

§ Each course – 36 hours

§ Six-seven courses per semester

STARTS WITH KNOWLEDGE. LEADS TO SUCCESS

Diploma §  ISM Diploma recognized in Europe

§  Possibilities for double degree §  ISM (1st. year) and the chosen partner

university (2nd.year):

1.  BI Norwegian Business School, Norway 2.  University of Liège, Belgium 3.  INSEEC Paris, France 4.  Euromed Management, Marseilles,

France

STARTS WITH KNOWLEDGE. LEADS TO SUCCESS

Skills •  Knowledge and understanding

of modern finance and economics

•  Ability to generate ideas in corporate finance, portfolio management, financial ingeneering, risk management

•  Equipped with tools for data analysis

•  Ability to communicate knowledge

•  Learning skills for continued self-education

STARTS WITH KNOWLEDGE. LEADS TO SUCCESS

•  Consulting and investment banking

–  Economic and financial analysis –  Asset valuation –  Financial statement analysis

•  IT sector: –  Financial management –  Development of finance-oriented

products

•  Real sector

•  Policy makers –  Policy research –  Policy development and

decision-making

•  PhD studies

Careers

Career Career day & Alumni community

STARTS WITH KNOWLEDGE. LEADS TO SUCCESS

Why ISM’s Financial Economics?

•  High educational standards

•  European diploma •  Only the best lecturers

(PhD’s and practitioners)

•  Program taught in English

STARTS WITH KNOWLEDGE. LEADS TO SUCCESS

•  Study in Minsk/Vilnius

•  Double-diploma possibilities

•  Possibility to combine work and study

•  Great internship and employment possibilities

Admission Applications accepted from April 1 till June 15

–  https://enroll.ism.lt/ –  Decisions by the end of July

•  Motivation interview (3,5) •  Language test (2,0)

–  TOEFL (at least 65) –  IELTS (at least 6) –  ISM test ( http://englishteacher.lt/ism , July)

•  Grade point average (2,5) •  Essay (1,5) •  Academic activities (0,5) •  Minsk: Math test (to determine who should attend prep class in Math)

Tuition fee: 8800 EUR for 22 months

STARTS WITH KNOWLEDGE. LEADS TO SUCCESS