Athens University of Economics and Business (AUEB)

M.Sc. in Financial Management

The Master’s program in Financial Management was established in September 2018 (M.D. 5584_ 3841/Β’/6-9-2018) and is entirely taught in English, mainly aiming to attract international students or Greek students who are interested in attending a Master’s program in English. The program flaunts this way an international profile, in line with the latest global economic and business developments, thus reinforcing AUEB and its graduates’ skills for competing in the international market place.

The program’s curriculum is up to date and in line with the latest scientific developments, designed to offer high quality specialized scientific knowledge in the field of Financial Management, focusing on current international trends in the area.

The Program’s Mission

The program’s mission is the advancement of knowledge and scientific research in the field of Financial Management. Especially when considering the unstable national and international economic conditions, as well as the high complexity of financial markets, specified knowledge in this field is now more than ever essential for climbing the executive ladder in any given industry.

This mission is accomplished through a contemporary and well designed curriculum that utilizes a variety of teaching methods apart from the study of international scientific literature, such as laboratory classes, case studies, and individual or team assignments.

How to apply

The program has a rolling admissions procedure, which commences in January, with multiple Places available are limited, so prospective students are advised to submit their applications submitted online at https://e-graduate.applications.aueb.gr.

Required Documents:

• Copies of all University Degrees/Diplomas.
• Official Transcripts of marks received.
• CV in English.
• English language certification verifying very good command of the language (> C1
• Two confidential recommendation letters.
• Proof of employment record, if any (required only for part time applicants).

Program Structure

The Master’s Program in Financial Management is equal to seventy five (75) ECTS credits (European Credit Transfer and Accumulation System), and includes twelve (12) courses, worth five (5) ECTS credits each, as well as the MSc thesis, worth fifteen (15) ECTS credits. Students might alternatively undertake an internship instead of the MSc thesis. Courses offered:

Full time group:

• Four teaching periods, 3 courses per period
• Researching and writing the Masters dissertation during summer months or alternatively undertake a three-month internship, upon approval of the Coordinating Committee.

Part time group:

• 2 courses per teaching period during the 1st year of studies
• 1 course per teaching period during 2nd year of studies
• Researching and writing the Masters dissertation during the 2nd year of studies

Two specializations offered.

Financial Management The specialization is addressed to students who are interested in attending a top quality master’s program in Financial Management. The curriculum is designed to develop them into business executives that use their knowledge of advanced corporate finance and financial reporting tools in evaluating and resolving complex business situations. Students will:

• develop an advanced understanding of the use and implementation of applied financial management tools required for a successful and efficient management of a multinational compan.
• be qualified to work as top executives in the financial management business field.

Data Driven Financial Management The program aims to attract students interested in attending a quality master’s program with core orientation in Financial Management, who are also interested in acquiring technical skills in data analytics that will help them resolve corporate problems that require the analysis of large amounts of financial data. The program is also addressed to business executives who wish to develop their business decision-making skills by using insights derived from available data and evolve their skills in the challenging scientific field of Financial Management.

Specialization in Financial Management:

FIRST SEMESTER

COMPULSURY MODULES
1ST BIMESTER
Financial Management	5 ECTS
Econometric Methods	5 ECTS
Accounting for Corporations I	5 ECTS
2ND BIMESTER
International Finance	5 ECTS
Corporate Finance	5 ECTS
Accounting for Corporations II	5 ECTS

SECOND SEMESTER

COMPULSURY MODULES
3RD BIMESTER
Investment Management	5 ECTS
Accounting Measurement of Financial Instruments (IFRS 9)	5 ECTS
Fundamental Analysis of Investments	5 ECTS
4TH BIMESTER
ELECTIVE MODULES (15 Credit Units)
Derivatives Markets and Valuation	5 ECTS
Corporate Financing: Trends and Developments	5 ECTS
Commercial and Investment Banking	5 ECTS
Fraud Examination	5 ECTS
Sustainability Management and Reporting	5 ECTS
Mergers and Acquisitions	5 ECTS
Taxation Issues	5 ECTS
Financial Planning	5 ECTS

 

 

Specialization in Data Driven Financial Management:

FIRST SEMESTER

COMPULSURY MODULES
1ST BIMESTER
Financial Management	5 ECTS
Econometric Methods	5 ECTS
Accounting for Corporations I	5 ECTS
2ND BIMESTER
International Finance	5 ECTS
Corporate Finance with Analytics	5 ECTS
Machine Learning Principles and Applications in Financial Management	5 ECTS

SECOND SEMESTER

COMPULSURY MODULES
3RD BIMESTER
Investment Management	5 ECTS
Accounting for Corporations II with Analytics	5 ECTS
Financial Statement Analysis and Valuation with Analytics	5 ECTS
4TH BIMESTER
ELECTIVE MODULES 15 Credit Units (At least 1 from each group of courses)
Group I
Derivatives Markets and Valuation	5 ECTS
Sustainability Management and Reporting	5 ECTS
Financial Planning	5 ECTS
Group II
Financial Data Analytics, Risk management & innovation	5 ECTS
Financial technology (Fin tech)	5 ECTS
Auditing & Fraud Detection with Analytics	5 ECTS
Data Management & Cyber Security	5 ECTS

Workshops and Seminars

The program offers for free to all students in both specializations the following optional workshops:

• Python for Accounting and Finance Applications
• Microsoft Power BI (Data Visualization)

Job placement The University enjoys excellent relations with industry, offering customized programs to an increasing number of Greek or international companies, cooperating with leading organizations in research, and receiving grants for research, consulting and executive training. These relations offer a strong competitive advantage to our students while they study, but also after they graduate, and help them meet the demands of the local and international labor market.

The program’s students and graduates are assisted and guided by AUEB’s Career Office in decisions related to their future employment and career path. Within the framework of services provided, the Career Office has developed and is constantly expanding a broad network of dynamic partnerships with large organizations and corporations in Greece and abroad, is posting job announcements, organizes events and workshops, and offers consultancy in career related areas.

The Office has been hosting, ever since 1993, the “Career Days” event, during which all AUEB’s undergraduate and postgraduate students and alumni have the chance to meet in person and interact with potential employers from a variety of different business sectors.

Tuition fees

The program’s tuition fees come up to 6.200€ for the full time group of studies and 6.400€ for the part time group of studies.

International Accreditations of the Program

The program's curriculum is accredited by major international professional organizations such as the Association for Chartered Certified Accountants (ACCA) and the Certified Financial Analysts (CFA) association.

The Athens Experience

The world knows the city of Athens as the cradle of Western Civilization. Our international students discover Athens for what it really is: a vibrant metropolis teeming with culture, where students form memories and relationships for life. Many of the city’s notable sites can be found in the city center where AUEB is conveniently located.

In addition to the Acropolis, which is visible from the University, many of the country’s museums can be found in direct vicinity: the National Archaeological Museum, the Acropolis Museum, the Museum of Cycladic Art and the Byzantine Museum provide only a few options for cultural experiences. Athens is full of exciting possibilities all year long. The nearby Psiri region, with its inner-city authenticity, the adjacent Monastiraki with its antique stores, and Ermou Street, the busiest shopping street, are all located within walking distance from AUEB's urban campus. During summer, Athens comes alive with musical and theatrical events.

Indoor and outdoor theaters and cinemas, as well as terraces, welcome visitors from all corners of the world.

Finally, the Greek islands, many of which are just a few hours away by boat, offer ample opportunity for excursions. In the end, Athens is so much more than just a city of historical interest. It is a truly multicultural, authentic metropolis with something for everyone. Our students come to Athens from all over the world; By the time they leave they are Athenians at heart!


About Athens University of Economics and Business (AUEB)

Athens University of Economics and Business (AUEB) is the third oldest Higher Education Institution of the country and the first in the field of Economics and Business Administration. Over the course of time, the fields of Informatics and Statistics were added to its curriculum. Since it was founded in 1920, it boasts a rich tradition of significant academic achievements that define the present and create excellent prospects for the future.

The University, as a center of excellence in academic research and teaching, is rated as one of the leading universities in Greece and one of the best internationally in the cognitive subjects it serves. The high level of its scientific staff, the quality in teaching and research, the modern curriculum/courses, but also the high demand of its graduates enhance significantly the University’s brand name and reputation, in Greece and abroad.

AUEB is conveniently located in downtown Athens, less than one kilometer from the National Museum and the central Omonia Square. The program is housed in the new Graduate School building at Evelpidon & Lefkados Street. It is located across from the Pedion Areos Park and near the Panellinion Stadium. This modern building, initiated in 1999, is well organized with amphitheaters, classrooms, computers labs, and student areas. The area around the University (Patission-Kypseli) is a very lively area with a public transportation network with subway, trolleys and buses that reach all of Athens and its surroundings. The area is easy to walk, with many different ethnic restaurants and neighborhoods, museums, shops, theaters and sports events. Many restaurants and cafes are conveniently located in or around the University area. Students can participate in several athletic activities, using the facilities of the nearby Panellinion Stadium. In addition, students can participate in various cultural activities of the University, such as theatrical and musical performances, dancing, etc.

The University supports the development of international student relations, organizes foreign language classes, computer/software literacy classes, and courses in modern Greek as a foreign language for foreign students and expatriated Greek students.

Meals

In the main building of the University there is a restaurant where all members of the university community can enjoy meals for free or for a minimum fee.

Medical Services, Insurance / Healthcare

Undergraduate, postgraduate and PhD students of the University who have no other medical and hospital care are entitled to full medical and hospital care in the National Health System with coverage of the relevant costs by the National Health Service Provider. The doctor΄s office is located in the main building and operates on some working days as announced. A psychiatric counseling service also operates at the University, staffed with a physician specializing in the treatment of mental health issues.

Library and Study Rooms

The Library & Information Center of the University was established in 1920 and operates on the first and second floor of the University's main building. The AUEB Library is a member of the Hellenic Academic Libraries Association (Heal-LINK), the European Documentation Centers Europe Direct and the Economic Libraries Cooperation Network (DIOB). The Library lends all its printed collections, except for magazines and statistical series, in accordance with its internal rules of operation. The Library and Information Center offers reading rooms, computer workstations for visitors, photocopiers and printing machines, and interlibrary loan of books and journal articles from other academic libraries that are members of its network. More information can be found here.

International Programs and Information on International Student Mobility

Athens University of Economics and Business is actively involved in the Erasmus+ Program by promoting cooperation with universities, businesses, and international organizations of the European Union (EU) as well as in the mobility of students, teaching and administrative staff. Within the framework of this Program, the University collaborates with more than 220 European Institutions on the subjects that its Departments encompass. It is worth mentioning that more than 7,000 students have participated in the "Erasmus" Program to date.

Foreign Language Courses

Knowledge of foreign languages is a necessity in today’s educational and professional context. The Student Club offers opportunities of attending foreign language classes. Classes are held in English, French, German, Spanish, Italian and Russian, and new language seminars are available upon request. More information can be found here.

Athletic Activities

Students can participate in individual and team sports activities through the Department of Physical Education, which is staffed by University personnel, as well as a number of part-time instructors specialized in various sports. The University cooperates with the City of Athens Culture, Sports and Youth Organization and uses public and private sports facilities. More information can be found here.

Cultural Activities

The Student Club organizes various cultural activities, such as theater, traditional dance, choir, photography, cinema, rhetorical club and Model Of United Nations (MUN). More information can be found here.