Programs

Master's in Finance

The Program

Master’s in Finance

This program will enable you to develop a solid knowledge, and analytical and problem-solving competencies in the financial area, in a fully international learning environment.

Below you can find more information regarding the basic structure of the program and remember: you can tailor-make the curriculum according to your interests.

Have a look at the elective courses (specialize in a particular field), areas of expertise (focus a part of your studies on a specific area of interest) and professional development modules (let’s talk about responsible leadership and creative thinking) sections as well, to make sure that your program reflects the way you want your career to move.

Note: Please refer to the "Apply" section in order to learn more about your eligibility for this program.

 

Week 1

  • Discovery Week


1st Semester (30 ECTS)

  • Mandatory Courses
  • Electives
  • Study Trips
  • Professional Development Modules
  • Career Development Program - Mastering Your Career
  • Mentoring Program
  • Conferences, Meeting with Alumni, Networking Events, Business Forum


2nd Semester (30 ECTS)

  • Electives
  • Professional Development Modules
  • Study Trips
  • Conferences, Meeting with Alumni, Networking Events, Business Forum


3rd Semester (30 ECTS)

  • Work Project
  • Conferences, Meeting with Alumni, Networking Events, Business Forum

* Please note that for the academic year of 2022/2023 this information may be subject to changes.

  • Corporate Finance
  • Empirical Methods for Finance
  • Financial Modeling
  • Investments

* Please note that for the academic year of 2022/2023 this information may be subject to changes.

Sustainability

“Sustainable development is a development that meets the needs of the present without compromising the ability of future generations to meet their own needs" (United Nations World Commission on Environment and Development, 1987).

To ensure global sustainability over time, the green transition focuses on responding to the challenges of climate change and environmental degradation but also to the need to work for an economic and societal transformation, integrating all three pillars of sustainable development – economic, social and environmental.

That is the goal of this Area of Expertise, which will be taught in partnership with Nova’s School of Science and Technology (FCT). This area of expertise is common to the Master’s programs in Management, Economics and Finance.

  • Fundamentals on Environment and Sustainability
  • Energy and Climate Change
  • Sustainability Evaluation of Policies, Plans and Projects
  • Sustainability in Organizations
  • Impact Investments
  • Sustainable Finance
  • Energy Finance
  • Corporate Governance
     
Banking

Recommended for students looking to pursue a career in central banks and regulatory bodies, or in retail banking or in the consulting and auditing of financial institutions.

  • Asset Management
  • Banking
  • Corporate Valuation
  • Credit Risk
  • Derivatives
  • Financial Distress, Bankruptcy and Restructuring
  • Financial Intermediation
  • Financial Reporting
  • Financial Statement Analysis
  • Fixed Income
  • Futures and Options
  • Hedge Funds
  • Islamic Finance
  • Macroeconomics of Financial Markets
  • Macroeconomics of Financial Markets
  • Real Estate Finance
  • Risk Management

 

Corporate Finance

Designed to help students build up the required analytical and practical tools to pursue a career in Investment banking. Retail banking, private equity, and venture capital or consulting and auditing.

  • Applied Corporate Finance
  • Auditing
  • Behavioral Finance
  • Corporate Valuation
  • Entrepreneurial Finance & Venture Capital
  • Financial Distress, Bankruptcy and Restructuring
  • Financial Reporting
  • Financial Statement Analysis
  • Impact Investments
  • Mergers, Acquisitions, Restructuring
  • Private Equity
  • Real Estate Finance
  • Strategic Costing
  • Strategic Planning and Control

 

Business and Data Analytics

The Data and Business Analytics area of expertise is designed for students who understand business problems and want to use technology to solve them. A strong background in mathematics and applied statistics is required so that students will be able to analyze large data sets and translate them to support data grounded strategic decisions.

  • Algorithmic Governance
  • Blockchain Fundamentals
  • Computational Thinking and Data Science (includes Applied Statistics)
  • Data Analytics for Finance
  • Data Curation
  • Data Visualization
  • Fintech Ventures
  • Introduction to Programming
  • Machine Learning  
  • Marketing Analytics
  • Network Analytics
  • Numerical Methods for Economics and Finance
  • Web and Cloud Computing

 

Financial Markets

Aims to provide in-depth knowledge for all students seeking a career in Investment banking, Investment management, or portfolio risk management.

  • Asset Management
  • Behavioral Finance
  • Corporate Valuation
  • Credit Risk
  • Data Analytics for Finance
  • Derivatives
  • Energy Finance
  • Financial Econometrics
  • Financial Reporting
  • Financial Statement Analysis
  • Fixed Income
  • Futures and Options
  • Hedge Funds
  • Islamic Finance
  • Macroeconomics of Financial Markets
  • Nova Students Portfolio
  • Real Estate Finance
  • Risk Management
  • Seminar on Current Economic and Financial Issues
  • Sustainable Finance

 

*Please take note of the following:
— Students can qualify for only one area of expertise, but it is not mandatory for students to choose one. 
— Areas of Expertise and respective courses might be subject to change from one academic year to the next. 
— Some courses might not be offered every academic year. 
— Students may attend elective courses from other master’s programs, subject to availability.
— Please note that for the academic year of 2022/2023 this information may be subject to changes.

  • Algorithmic Governance
  • Applied Corporate Finance
  • Asset Management
  • Auditing
  • Banking
  • Behavioral Finance
  • Blockchain Fundamentals
  • Computational Thinking and Data Science (includes Applied Statistics) 
  • Corporate Governance
  • Corporate Valuation
  • Credit Risk
  • Data Analytics for Finance
  • Data Curation 
  • Data Visualization
  • Derivatives
  • Doing Business in Emerging Markets
  • Energy Finance
  • Entrepreneurial Finance & Venture Capital
  • Financial Crises in History
  • Financial Distress, Bankruptcy and Restructuring 
  • Financial Econometrics
  • Financial Intermediation
  • Financial Reporting
  • Financial Statement Analysis
  • Fintech Ventures
  • Fixed Income
  • Futures and Options
  • Hedge Funds
  • Impact Investments
  • Introduction to Programming
  • Islamic Finance
  • Machine Learning   
  • Macroeconometrics
  • Macroeconomics of Financial Markets
  • Marketing Analytics
  • Mergers, Acquisitions, Restructuring
  • Microeconometrics
  • Network Analytics
  • Numerical Methods for Economics and Finance
  • Private Equity
  • Real Estate Finance
  • Risk Management
  • Seminar on Current Economic and Financial Issues
  • Sovereign Advisory
  • Strategic Costing
  • Strategic Planning and Control
  • Sustainable Finance
  • Web and Cloud Computing

* Please note that for the academic year of 2022/2023 this information may be subject to changes.

  • Quantitative skills

Learning to analyze data.
 

  • Ethics

Thinking about ethical challenges.
 

  • Corporate links/internationalization

Building knowledge about the business environment and international careers.
 

  • Communication and creativity

Thinking outside the box and improving communications skills.

* Please note that for the academic year of 2022/2023 this information may be subject to changes.

Before you cross the finish line

The Work Project

As part of the degree requirement, students must carry out a work project (thesis) in their final semester. There are three formats available:

Field Lab
Students focus on a specific theme or topic of more applied nature to propose solutions to solve an existing local real-world problem in a specific setting (group setting).

Directed Research Internship
Students carry out a problem-based issue to help address an identifiable problem in a company setting relevant to the course of study.

Directed Research*
Students showcase their knowledge and expertise by investigating a research problem of scientific nature in a relevant area of interest.

* This format is generally reserved for those intending on pursuing their studies

Raise your academic profile with the CFA® Institute Research Challenge

Each year, Nova SBE enters the CFA® Institute Research Challenge annual global competition, which provides students with hands-on mentoring and intensive training in financial analysis, report writing, and presentation skills. This truly international challenge receives applications from more than 5000 students from over 1000 universities.

By participating in the CFA® Research Challenge, students have the possibility to use it as a foundation to develop their final Work Project, namely by doing an Equity Research project. ​Teams will be composed of four to five students who will defend the thesis together.

ECTS this, ECTS that

How does the grading system work?

Grading is based upon the European Credit Transfer System (ECTS) a grading scale developed to facilitate the understanding and comparison of grades given according to different national systems. 

We did the math for you, and the awarding of ECTS grades per curriculum component breaks down as follows:

23 ECTS
in Mandatory Courses including the Mastering Your Career Activities
(Bridging courses not included)

35 ECTS
in Elective Courses (minimum)

2 ECTS
in Professional Development Modules

0 ECTS
MS Excel Certification

30 ECTS
in the Work Project
 

You need a minimum of 90 ECTS to complete your Master’s, but if you need 120 ECTS to proceed with your studies, you can extend your Master’s by one semester with courses (28 ECTS) and modules (2 ECTS).

Ready to write new chapters of your story?

Ready to write new chapters of your story?

Attend one of our many Master’s Talks and learn all about this program, its Academic Director, the teams that can help you journey your way to Nova SBE and clarify any doubts you may have.