In almost every field and country, there’s great demand for professionals with analytical and problem-solving skills. And nowhere are they more in need than in the worlds of finance and economics. According to a survey, 82% of financial institutions plan to increase their investment in data analytics over the next three years. Employers are seeking individuals who can navigate intricate economic environments and provide insightful policy consulting and analysis.
For those aspiring to master such know-how, the University of Luxembourg offers a unique pathway. Situated in one of Europe’s leading financial centres, its Faculty of Law, Economics, and Finance (FDEF) is a recognised leader in the field. The faculty is committed to providing top-tier education in finance, economics, and law with its 11 master’s programmes accredited by the Foundation for International Business Administration Accreditation.
One of its noteworthy programmes is the Master’s in Finance and Economics – Financial Economics.
A comprehensive and flexible curriculum
The Master in Finance and Economics — Financial Economics programme stands out for its approach to education, combining economic analysis with advanced econometrics and data analysis. By linking theoretical economic modelling with practical applications, this track provides a strong foundation for students aiming to enter Luxembourg’s dynamic financial sector. “I found the Econometrics, Survey Data, and Impact Evaluation course very engaging,” says student Bruno Filipe Vieira Ribeiro. “The lecturers were experienced practitioners and provided a more practical perspective on the market.”
The curriculum is structured into four modules, each building on the last to develop a deep understanding of financial economics. The first module lays the groundwork with core courses such as Econometrics, Programming in R, and Advanced Microeconomics of Banking. These courses are designed to equip students with essential skills that are critical in today’s financial landscape. As students progress through the programme, they can choose specialised courses that align with their career aspirations.
In the final module of the track, students participate in an internship paired with either an Applied Master’s Thesis or an Academic Thesis, giving them the chance to apply their knowledge in real-world settings. This hands-on experience serves as a direct pathway into the job market, making graduates of this track highly competitive.
A strong foundation for future business leaders
The programme’s curriculum is industry-focused, enabling graduates to transition from the classroom to the workplace easily. It is certified by the European Master in Official Statistics (EMOS) and in partnership with STATEC (National Institute of Statistics and Economic Studies of the Grand Duchy of Luxembourg).
This means the in-depth economic and financial knowledge and advanced statistical, econometric, and data analytic methods the programme provides are aligned with what employers today need. What’s more, it ensures graduates have the decision-making processes critical to consulting and policy analysis. As a result of this training in hard and soft skills, graduates are well-prepared with the expertise needed to excel in various sectors, including banking, asset management, consultancy, and more. In fact, 100% of the 2022 cohort secured positions in public and private institutions, such as the Ministry of Finance and banking and financial institutions in Luxembourg like Banque de Luxembourg — many with help from an effective academic and career counselling team.
Learn in a multicultural academic environment
The University of Luxembourg is well-known for its vibrant and inclusive academic community, and nowhere is this commitment to diversity more evident than in the FDEF, where over 2,700 students from 97 countries come together. This rich mix of cultures and perspectives creates an atmosphere that encourages intellectual growth and helps students develop a global mindset.
The university’s international focus extends beyond its student body to its faculty, which comprises academics from 18 nationalities. They bring deep knowledge and experience to the classroom, enriching the learning experience for all students. But that’s not all; the faculty works with industry practitioners, visiting scholars, and guest professors worldwide to keep the curriculum aligned with global financial trends.
Further reinforcing its status as a global leader in internationalisation, the university offers mobility programmes with more than 100 partner universities worldwide. Such a high level of global engagement, reflected in the University of Luxembourg’s #4 ranking for international outlook, positions the university as a top destination for students seeking a world-class education and a truly international experience.
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