MSc Finance, Risk & Markets

Useful information
MSc Bac +5
Duration of study :
4 semesters
Place of study :
Berlin
Language of instruction :
English
Degree awarded :
MSc ICN degree or MSc-Master of Science certified CGE degree / DESSMI - Level 7 RNCP qualification (French National Directory of Professional Certifications), sheet n° 37475
Tuition fees :
Contact Admission service
French students
+ 33 (3) 54 50 25 38
International students
+ 33 (3) 54 50 26 33
+ 33 (6) 35 81 31 10
Finance and risk management
Programme In ENGLISH 🇬🇧

Programme overview

This unique MSc empowers students to become transformative leaders in the evolving financial landscape. By combining core principles of management by innovation with specialized expertise in financial risk and markets, you'll gain the skills to drive change and navigate complex global challenges.

Our curriculum provides a deep dive into critical areas, including: Mergers & Acquisitions (M&A), Regulatory Compliance, Asset Prices Dynamics, Cryptocurrency & Digital Assets, Political & Market Risk Management, Financial Stability, Financial Modeling and Quantitative Analysis, Portfolio Management and Innovative Analysis Tools (Big Data, Machine Learning, Artificial Intelligence).

This programme equips you to not only understand financial risk but to also drive innovation within financial institutions and beyond. 

Choose the CGE-certified
path of excellence

The path of excellence

In addition to the DESSMI, you'll be preparing a double Master of Science degree
by the Conférence des Grandes Ecoles.

This course includes at least 50% of classes in English.

Find out more about the CGE Master of Science program

Work-study format

In Berlin, the work-study rhythm will enable you to work part-time in a student-job for 8 to 20 hours per week. This is a great opportunity to expand your skill set. If you have an entrepreneurial mindset, you can also use your free time to build your own project!

Finally, at ICN, nearly 150 partner companies are ready to meet you during our career forums, which will open the doors to work-study opportunities with major companies.

Modules

First year of the program - M1

Admission Bac+3 for a 2-year course (M1 and M2) - Only available in Berlin

Semester 1 :

  • UE1 - Strategy & innovation 
  • UE1 - Project management : toolbox and techniques 
  • UE1  - Business functions (simulation) 
  • UE2 - #ATM1 Challenge : CreaCthon product design
  • UE3 - Typology of Financial Markets
  • UE3 - Cibersecurity & Compliance 
  • UE4 - Explore Your Career Options
  • UE4 - English for Business Functions
  • UE0 - French as a foreign language (optional) 

Semester 2 :

  • UE1 - Sustainable development and CSR at the Digital Age 
  • UE1 - Big Data et Business Analytics
  • UE1 - Digital transformation & Data security 
  • UE2 - Innovation, Agility & Design Thinking
  • UE2 - #ATM2 Challenge : CreaCthon event design 
  • UE3 - Mergers and Acquisitions
  • UE4 - Professional and specialised micro-certificate 
  • UE5 - English for Specific Purposes
  • UE0 - French as a foreign language (optional)

Second year of the program - M2

Admission Bac+4 / Bac+5 for a 1-year course (M2 direct entry) - Only available in Berlin

Semester 1 :

  • UE1 - CreaCtive Learning Expedition 
  • UE1 - Management 4.0 & Leadership 
  • UE2 - Pricing Analysis of Financial Assets
  • UE2 - Computational Finance 
  • UE2 - Advanced Risk Management 
  • UE2 - Portfolio Management and Performance Measurement
  • UE3 - Professional and specialised micro-certificate 
  • UE3 - Research methods & Data Analytics 
  • UE Quitus - Professional experience M1
  • UE0 - French as a foreign language (optional) 

Semester 2 :

  • UE4 - Professional experience M2 
  • UE4 - MSc thesis
Campus

Berlin

Our new Berlin campus is located in the
heart of the Mitte district, right in the city
centre. The campus covers 500m2,
enough for 3 classrooms, a meeting room,
a staff room and a large reception hall.

Career opportunities

The MSc Finance, Risk & Markets prepares graduates for leadership roles in:

Specific roles :

  • FinTech Innovation: Driving the development of new financial technologies.
  • Risk Management: Leading innovation in risk assessment and mitigation.
  • M&A Advisory: Providing innovative solutions for complex transactions.
  • Regulatory Innovation: Shaping the future of financial regulation.
  • Financial Stability Analyst: Evaluating and controlling financial stability through the containment of systemic risks
  • Asset and portfolio Management: Leading innovation in the cryptocurrency and blockchain space.
  • Innovation Consulting: Advising financial institutions especially on innovation strategies.
  • Entrepreneurial Ventures: Launching innovative financial startups.

Ernst & Young Luxembourg // Farad Group Luxembourg // Alter Domus Luxembourg // AM Best Products and Services Europe

Admissions

Interested in the MSc Finance, Risk and Markets?

Don't hesitate to apply!

Course registered with the CGE under the name: Management by Innovation
Course registered with the RNCP under number RNCP 37475 until 31/08/2026