Master of Science in Banking and Finance

The Master of Science in Banking and Finance curriculum comprises 60 ECTS and 500 lecture hours, in addition to field work or a possible Master’s Thesis.  It is structured into five components: Core courses, Stream courses, an academic Week-In-Residence, an internship (FT) Master’s Thesis (PT) and elective practical courses.

Core Course Modules

Core courses are obligatory and encompass both foundation and advanced fields of finance and banking.
They are organised into four modules: Foundation;  Finance;  Advanced Finance;  Accounting, Governance and Ethics.

Stream Course Modules 

The programme contains three Stream Modules - Banking, Investment Management and Risk Management - containing courses that provide opportunity for more specialised study.  Students must select one Stream Module; courses from the chosen Stream Module are obligatory.

Academic Week-in-Residence

As a part of their curriculum, students may attend an Academic Week-in-Residence at New York University (NYU) Stern School of Business sponsored by the Luxembourg School of Finance.  The week involves lectures from renowned faculty on specific advanced topics in finance.  Alternatively, they may write an academic research paper on a topic in finance assigned to them.

Internship or Master’s Thesis

As an integral part of the course, full-time students are required to perform an internship for a period not less than 12 weeks. Students are free to seek the internship that suits their interests and objectives, provided that the nature of the internship is in relation to banking or finance.

The LSF provide assistance in finding an internship with a bank or non-bank financial services company of the Luxembourg financial centre. Typically a wide variety of internships representing a range of different business activities in the financial centre are available.

Part-time students are required to present a Master’s Thesis on a subject of their related to banking or finance. The subject and thesis proposal must be approved by the advising faculty member.

Elective Practical Courses

Students are strongly encouraged to attend Elective Practical Courses, which are offered to provide specific hands-on technical skills valued by employers. Currently, the courses offered consist of:

  • Financial Applications using Excel (Basic and Advanced)
  • Excel VBA Programming